Job Description
At UEI you will be part of a world class team that is working to innovate and revolutionize the meaning of ‘wireless control’. Whether it’s via chips, software licenses or turnkey products, we are continuing to reinvent how consumers interact with devices and services in their home.
Each day we make the connected home smarter, easier to connect and use, and more sustainable. We delight our Fortune 100 customers such as Comcast, Apple, Samsung, Google, Vivint and Daikin with ground breaking wireless technology solutions such as advanced, voice-enabled remote controls, cloud control solutions, extreme low power Bluetooth silicon with energy harvesting capabilities, smart thermostats and sensors and many other IoT solutions.
Position Summary
The Sr. Accountant is responsible for managing inventory accounting, cost accounting, Freight accrual, inventory reconciliations, transfer pricing entries, month-end and quarter-end close activities, physical inventory processes, and inventory-related financial reporting for U.S. and Mexico operations. The role ensures inventory balances, cost structures, and manufacturing transactions are accurately recorded in accordance with U.S. GAAP and company policies while maintaining strong internal controls over inventory and cost accounting processes.
Essential Duties and Responsibilities
The duties listed below are intended only as examples of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to this class.
Primary responsibilities include:
Inventory Accounting & Month-End Close
- Prepare and record monthly and quarterly inventory-related journal entries.
- Reconcile inventory subledgers to the general ledger.
- Perform inventory absorption, capitalization, scrap reserve, and inventory reserve calculations including E&O.
- Complete month-end inventory reporting packages and supporting schedules.
Cost Accounting
- Maintain standard costs and bill-of-material (BOM) structures.
- Execute annual standard cost rollups and cost updates.
- Analyze purchase price variances (PPV), inventory variances, and manufacturing cost drivers.
- Process inventory cost changes and inventory adjustments within Oracle ERP.
Inventory Reconciliations & Controls
- Reconcile third-party logistics (3PL) and warehouse inventory locations across multiple regions.
- Perform inventory account reconciliations in ARCS (ORACLE).
- Maintain inventory control procedures and ensure compliance with SOX/internal control requirements.
Intercompany & Transfer Pricing
- Record monthly Mexico transfer pricing entries.
- Prepare intercompany markup eliminations and inventory profit eliminations.
- Reconcile intercompany inventory balances and inventory-related transactions.
Manufacturing & Supply Chain Accounting
- Account for freight and duty capitalization along with freight accrual.
- Record inventory capitalization and absorption entries.
- Analyze manufacturing variances and inventory-related reserves.
- Support inventory movements between manufacturing, distribution, and third-party warehouse locations.
Physical Inventory Management
- Coordinate annual physical inventory counts across Americas locations and Investigate inventory count variances and recommend corrective actions
Supervisory Responsibilities – List Teams/Groups
- None
Qualifications - Knowledge & Experience
- 5+ years of inventory accounting, cost accounting, or manufacturing accounting experience.
- Strong understanding of inventory costing methodologies, standard costing, and inventory controls.
- Experience with Oracle ERP, ARCS, FCCS, or comparable enterprise systems.
- Advanced Excel and financial analysis skills.
- Knowledge of U.S. GAAP inventory accounting and internal controls.
- Experience supporting manufacturing, distribution, or supply-chain environments preferred.
Education, Licenses & Certification
- Undergraduate degree in Accounting/Finance/Costing or equivalent work experience
Work Conditions
- 4 days in office, optional Flex Fridays
- Physically able to participate in training sessions, presentations, and meetings.
- Sitting for extended periods of time; Dexterity of hands and fingers to operate a computer keyboard, mouse, etc.
Universal Electronics Inc. (NASDAQ: UEIC) is the worldwide leader in universal control and sensing technologies for the smart home. Its broad portfolio of patents includes QuickSet® software that utilizes the world’s most complete knowledge graph to detect and interact with thousands of entertainment and smart home devices. The company designs, develops, and manufactures innovative products that are used by the world’s leading brands in the audio, video, subscription broadcasting, connected home, home energy management, and mobile device markets. UEI’s many first-to-market innovations have helped transform the home entertainment control, home security, and home energy management and sensing industries.
Universal Electronics Inc. is an equal employment opportunity employer. We are proud of our diverse workforce and we believe having diverse teams that everyone brings their whole self to work everyday is key to all of our success. We welcome all people of different experiences, backgrounds, perspectives and abilities.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
