We believe in the power and joy of learning
At Cengage Group, our employees have a direct impact in helping students around the world discover the power and joy of learning. We are bonded by our shared purpose - driving innovation that helps millions of learners improve their lives and achieve their dreams through education.
Cengage Group's portfolio of businesses supports student choice by providing a range of pathways that help learners achieve their goals and lead a choice-filled life.
Our culture values inclusion, engagement, and discovery
Our business is driven by our strong culture, and we know that creating an inclusive workplace is absolutely essential to the success of our company and our learners, as well as our individual well-being. We recognize the value of diverse perspectives in everything we do, and strive to ensure employees of all levels and backgrounds feel empowered to voice their ideas and bring their authentic selves to work. We achieve these priorities through programs, benefits, and initiatives that are integrated into the fabric of how we work every day. To learn more, please see https://www.cengagegroup.com/about/inclusion-and-belonging/ .
The Senior Accountant ensures accurate inventory valuation and transaction flow integrity in compliance with US GAAP (ASC-330). Proficiency in ASC-606 is beneficial for understanding the revenue recognition impact of inventory transaction, and the role partners closely with revenue accounting to ensure alignment across the financial statements
The role demands technical accounting proficiency, ERP systems expertise, and the capability to analyze sophisticated accounting transactions and devise practical solutions. Success depends on excellent analytical skills, problem-solving ability, and effective collaboration across business functions to deliver accurate inventory and cost-related insights for the balance sheet and P&L. The ability to work independently in a fully remote environment and manage large, complex data sets is essential.
What You'll Do Here
Manage the full inventory accounting lifecycle-from receipts and warehouse movements to sales, returns, and disposals.
Ensure valuation accuracy under weighted average cost and compliance with GAAP.
Perform monthly reconciliations between subledgers and the general ledger for inventory and cost accounts using Excel, Power BI, and Blackline.
Strengthen internal controls and streamline processes to meet SOX and GAAP standards.
Align with the revenue accounting on transactions that involve the convergence of inventory and revenue recognition (ASC-606), to secure accurate timing and valuation for specialized scenarios.
Develop deep SAP expertise, troubleshoot discrepancies, and support end-to-end inventory flow across SAP and LogPro.
Provide insights on inventory reserves, COGS, and margin impacts to guide leadership decisions.
Support month-end close and audits with timely, accurate postings and documentation.
Skills You Will Need Here
Bachelor's degree in Accounting, Finance, or related field
5+ years of inventory accounting experience, including valuation and reconciliation.
Strong understanding of US GAAP (ASC-330; familiarity with ASC-606 is a plus) and SOX controls, with expertise in accounting and reconciliation principles, particularly in relation to inventory.
Proficiency in ERP systems-SAP S/4HANA and JD Edwards E1 preferred
Advanced Excel skills and confidence working with large data sets
Ability to build and maintain complex queries; PowerBI development experience is beneficial
Clear, effective communication skills and capacity to work cross-functionally with a high degree of ownership
Experience with Blackline or similar reconciliation/reporting tools a plus
Passionate about delivering accurate, timely results with meticulous attention to detail
Cengage Group is committed to working with broad talent pools to attract and hire strong and most qualified individuals. Our job applicants are considered regardless of any classification protected by applicable federal, state, provincial or local laws.
Cengage is also committed to providing reasonable accommodations for qualified individuals with disabilities including during our job application process. If you are an applicant with a disability and require reasonable accommodation in our job application process, please contact us at accommodations.ta@cengage.com .
About Cengage Group
Cengage Group, a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms. We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.
Compensation
At Cengage Group, we take great pride in our commitment to providing a comprehensive and rewarding Total Rewards package designed to support and empower our employees. Click here (https://www.cengagegroup.com/news/perspectives/2024/cengage-group-total-rewards-philosophy/) to learn more about our Total Rewards Philosophy .
The full base pay range has been provided for this position. Individual base pay will vary based on work schedule, qualifications, experience, internal equity, and geographic location. Sales roles often incorporate a significant incentive compensation program beyond this base pay range.
$67,000.00 - $87,000.00 USD
Cengage Group , a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms.
We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.
Warning: Be aware, there has been an increase of targeted recruitment scams perpetrated by bad actors falsely providing job offers on behalf Cengage Group to candidates as a means of obtaining personal information. Note that Cengage will always interview candidates via live in-person meetings, phone calls and video calls before an offer would be extended. Also, be sure to check that communication is coming from an @cengage.com email address.
