Inventory Accountant

Description

UNLEASH YOUR POTENTIAL

Company Overview:

Leidos is an innovation company rapidly addressing the world's most vexing challenges in national security and health.

At Leidos, we collaborate to create smarter technology solutions for customer in heavily regulated industries. Our mission, vision, and values are demonstrated by our employees each and every day they are helping our customers execute on important missions on the front lines of the world's most complex markets. Our values are embodied by our employees.

Are you ready for your next career challenge?

We are in search of a motivated, experienced, and innovativeInventory Accountant to join our Corporate Accounting Team (CAT) team, which primarily operates in a virtual environment but has a strong presence in several hub locations, including Reston - VA, Tucson - AZ, and Huntsville - AL. As a core member of the CAT team, you will play a valuable part in supporting and executing a wide range of projects and programs. A successful candidate will manage multiple priorities in a fast-paced environment while collaborating with a team and providing top level customer service. This role will be primarily remote with potential for in-office engagement training activities, and onsite inventory visits.

If this sounds like the kind of environment where you can thrive, keep reading!

THE MISSION

The Controller's Organization will support the Mission, Vision and Values of Leidos in a collaborative, transformational and inclusive team environment with the goals of delivering accurate financial results while maintaining a high standard of transparency and compliance for our stakeholders.

Are you ready to make an impact? Begin your journey of a flourishing and meaningful career, share your resume with us today!

THE CHALLENGE:

Responsibilities for this position include, but are not limited to:

• Proactively assist with the accounting and monitoring of $300M of Leidos inventory held across dozens of domestic and international locations.

• Support the accounting close process, including preparing and recording of Inventory journal entries, performing analysis, and completion of Inventory account reconciliations.

• Collaborate with finance and operational stakeholders with the monthly accrual process, ensuring the accruals are sufficiently supported for audit purposes and properly recorded in the ledger.

• Respond timely and professionally to the inquiries from finance and other cross-functional teams.

• Preparation of Lower Cost Net Realizable Value (LCNRV) analysis

• Review of Excess Inventory and Slow-Moving Inventory Analysis

• Help review and participate in Inventory Counts

• Support Management Test Counts and other Inventory oversight functions

• Support ad hoc requests and projects within Operational Accounting and from other stakeholders, such as finance, internal audit, external audit, government compliance, etc.

• Prepare periodic account reconciliations related to inventory accounts

• Analyze, describe and evaluate certain key account balances and fluctuations

• Support internal/external auditors and the Leidos Strategic Regulatory Compliance team on all inventory questions

• Interface with corporate departments (e.g. FP&A, Corporate Consolidations, Technical Accounting, Intercompany Accounting, Lease Accounting, and Corporate Tax) as needed

• Respond timely and professionally to all ad hoc inventory inquiries

• Ensure compliance with relevant Leidos accounting policies, SOX, FAR and DCAA requirements

• Training our customers and other Leidos teams on Inventory procedures, policy, and best practices

• Monthly close process, including posting entries and closing the Inventory ledger

• Escalate unresolved issues to direct supervisor

• Participate in the identification and implementation of automation opportunities and process improvements, including Robotics Process Automation, to optimize the monthly close process and reduce manual efforts.

• Willingness to volunteer and seek out projects and challenges that will help our customers internally and externally, and also help mitigate risks to Leidos

WHAT SETS YOU APART:

Required Qualifications:

• Bachelor's degree in Accounting and 2+ years of experience.

• Knowledgeable of basic accounting principles, specifically Generally Accepted Accounting Principles.

• Strong computer skills, including proficiency in Microsoft Excel and other Microsoft Office applications

• Adaptable to a flexible work schedule to accommodate additional hours during surge periods to support the accounting close process.

• Self-motivated and willing to independently study concepts and policies with the goal of shortening the learning curve.

Preferred Qualifications:

• Experience with accounting software (Costpoint preferred)

• At least 3 years of relevant accounting experience

• Knowledge of internal controls and basic audit procedures

• Prior inventory experience and/or experience with Sarbanes-Oxley requirements preferred

• Familiarity with report writing (sequel) or Power BI Dashboard Development including DAX

• Experience maintaining database records

• Financial reporting experience

• Public accounting experience

• Supervisory experience

If you're looking for comfort, keep scrolling. At Leidos, we outthink, outbuild, and outpace the status quo - because the mission demands it. We're not hiring followers. We're recruiting the ones who disrupt, provoke, and refuse to fail. Step 10 is ancient history. We're already at step 30 - and moving faster than anyone else dares.

For U.S. Positions: While subject to change based on business needs, Leidos reasonably anticipates that this job requisition will remain open for at least 3 days with an anticipated close date of no earlier than 3 days after the original posting date as listed above.

The Leidos pay range for this job level is a general guideline onlyand not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.

About Leidos

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 47,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. For more information, visit www.Leidos.com.

Pay and Benefits

Pay and benefits are fundamental to any career decision. That's why we craft compensation packages that reflect the importance of the work we do for our customers. Employment benefits include competitive compensation, Health and Wellness programs, Income Protection, Paid Leave and Retirement. More details are available at www.leidos.com/careers/pay-benefits.

Securing Your Data

Beware of fake employment opportunities using Leidos' name. Leidos will never ask you to provide payment-related information during any part of the employment application process (i.e., ask you for money), nor will Leidos ever advance money as part of the hiring process (i.e., send you a check or money order before doing any work). Further, Leidos will only communicate with you through emails that are generated by the Leidos.com automated system - never from free commercial services (e.g., Gmail, Yahoo, Hotmail) or via WhatsApp, Telegram, etc. If you received an email purporting to be from Leidos that asks for payment-related information or any other personal information (e.g., about you or your previous employer), and you are concerned about its legitimacy, please make us aware immediately by emailing us at LeidosCareersFraud@leidos.com.

If you believe you are the victim of a scam, contact your local law enforcement and report the incident to the U.S. Federal Trade Commission.

Commitment to Non-Discrimination

All qualified applicants will receive consideration for employment without regard to sex, race, ethnicity, age, national origin, citizenship, religion, physical or mental disability, medical condition, genetic information, pregnancy, family structure, marital status, ancestry, domestic partner status, sexual orientation, gender identity or expression, veteran or military status, or any other basis prohibited by law. Leidos will also consider for employment qualified applicants with criminal histories consistent with relevant laws.

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