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Manager, Corporate Accounting - Inventory Product Costing

Medline · Northfield, IL · $101,000–$152,000 a year · Full time

Posted Sep 15, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a standard costing project you led. What changed and what problems came up?

What they are checking: Whether they have led large costing changes, like the modernization project the posting names.

Tell me about a time you developed someone on your team. What did you change about how you managed them?

What they are checking: Whether they invest in their team's growth, since the role leads and develops accountants.

What would you do

Medline acquires a company with a different costing method. How do you bring their inventory onto our books?

What they are checking: Whether they can plan entity onboarding with attention to policy alignment, controls and opening balances.

Your reconciliation shows an unexplained difference between the subledger and the general ledger. What do you do?

What they are checking: Whether they dig in systematically and refuse to plug differences.

The CFO asks why gross margin dropped this quarter and suspects inventory. How do you build an answer?

What they are checking: Whether they can analyze results and give leaders a clear story backed by numbers.

About the work

Walk me through how you would explain purchase price variance and capitalized variances to a business leader.

What they are checking: Whether they can make complex inventory valuation clear to non-accountants, which the posting asks for.

How do you run a monthly inventory close so reconciliations are reliable and on time?

What they are checking: Whether they have a disciplined close process and know where inventory accounting usually goes wrong.

How do you decide on an excess and obsolete reserve, and how do you defend it to auditors?

What they are checking: Whether they apply sound judgment to reserves and can support it with evidence.

How have you used ERP systems to improve inventory reporting or controls?

What they are checking: Whether they can improve financial systems rather than just working around them.

How do you design internal controls over inventory that are strong but not painful for operations?

What they are checking: Whether they can balance control strength with practical use in a large distribution business.

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The full job description

As published by Medline.

Job Summary Lead and develop the Corporate Inventory and Product Costing Accounting team. Process closing journal entries and account reconciliations ensuring US GAAP compliance; own inventory reporting from end to end. Lead process improvements in inventory reporting and accounting as well as for internal controls and enablement/utilization of financial systems/ERP accounting and reporting. Job Description Job Responsibilities: • Manage the company’s inventory and product costing accounting, ensuring compliance with GAAP. • Prepare and/or approve monthly close data, journal entries, and account reconciliation for inventory accounting/reporting. Analyze financials, interpret results and recommend a plan of action to improve the accounting process. Provide direct support to the business in assisting with understanding of complex inventory valuation mechanics. • Lead large-scale projects (ex. Standard costing modernization, inventory policy updates, system enablement/enhancements). Support internal financial close and external financial reporting. • Advise on the onboarding of new entities from an inventory standpoint; Support new business initiatives, system integrations, and other major change management impacting inventory accounting and related systems. • Represent Medline interests to internal and external parties (ex. CFO and divisional leadership interactions, FP&A partners, and presentations for leadership, sponsors, lenders, tax authorities, auditors, and other stakeholders). Assist with bridges for management to GAAP reporting for inventory. Provide inputs for variance capitalization for forecasting purposes. • Perform other ad hoc reporting, requests, and process improvements as needed for inventory accounting. Provide other supporting schedules as needed for tax or audit purposes. Minimum Job Requirements: Education: • Bachelor’s degree. Work Experience: • At least 5 years of accounting experience. Knowledge / Skills / Abilities: • Experience applying advanced knowledge level of accounting practices and systems. • Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table). • Experience coaching, mentoring, and training staff. Preferred Job Qualifications: Education: • Bachelor's degree in Accounting or Finance. • Master’s degree in Accounting. Certification / Licensure: • CPA or CMA. Work Experience: • At least 3 years focused on inventory accounting. Knowledge / Skills / Abilities: • Experience working in inventory accounting within an ERP system (e.g., SAP, Oracle, AS400). • SAP, AS400, and Oracle experience strongly preferred. • Experience at a large, global manufacturer or distribution company, with significant inventory balances and high turnover. • Strong knowledge of inventory processes and controls. • Experience leading change management. • Experience leading projects. Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. The anticipated salary range for this position: $101,000.00 - $152,000.00 Annual The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold. Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions, paid time off, as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp. For a more comprehensive list of our benefits please click here . We’re dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here . Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.

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