Sr. Inventory Accountant

Ecowater Systems LLC

Come join a team where People make the difference!  As a part of Marmon Holdings, Inc., a highly decentralized organization, we rely heavily on people with the aptitude, attitude, and entrepreneurial spirit to drive our success, and we're committed to attracting and retaining top talent.

Under broad supervision, reconciles and adjusts various general ledger accounts and/or bank statements. May perform moderately complex analysis of performance results. Compiles, consolidates, and analyzes accounting and finance information for the production of financial statements and reports. Role typically requires between 3 and 5 years of experience.

Company Overview

EcoWater Systems is the global, multi-segment leader in residential and commercial water treatment with a proven history of innovation and success. With the highest ratings and quality backed by industry leading certifications, as well as eco-friendly solutions that conserve energy, salt usage, and water consumption, EcoWater Systems is driven by a vision to enhance life’s most precious resource – water!

EcoWater Systems is a member company within The Marmon Group, an international company of over 120 autonomous manufacturing and service organizations, with annual revenues of approximately $12 billion and a subsidiary of the Berkshire Hathaway Company.

General Overview

The Sr. Inventory Accountant will oversee inventory and fixed asset accounting processes across EcoWater North America’s manufacturing facilities (two plants – Ripley, MS & Iuka, MS and two warehouses – McKenna & Booneville) to ensure tracking, valuation, and reporting of inventory and enable to grow responsibly, in a profitable and sustainable manner. This position will ensure the integrity of accounting information and accurate Marmon Standard Practice Instruction compliant financial statements through strong internal controls and accounting knowledge, reporting to the North America EcoWater Controller, and supporting other business functions as required. This position will be a driver of data-based decision making through financial analysis, working cross-functionally, disseminating financial information and knowledge. The position is based out of the EcoWater Systems corporate office in Eagan, MN

Overall Responsibilities

Inventory Management:

• Oversee inventory valuation and reconciliation processes.

• Work closely with the inventory control team to ensure accurate inventory records and minimize excess or obsolete inventory.

Fixed Asset Accounting

• Review and verify capitalization requests to ensure compliance with Standard Practice Instructions and accounting standards (e.g., GAAP/IFRS).

• Calculate and post monthly depreciation for all fixed assets.

• Monitor construction-in-progress (CIP) accounts and ensure timely capitalization of completed projects.

• Conduct physical audits of fixed assets to ensure accuracy and completeness of asset records.

Cost Accounting & Analysis:

• Apply cost accounting principles to accurately classify and report manufacturing costs and production activities.

• Ensure that costing methods align with company policies and reflect the true cost of production.

• Monitor and analyze manufacturing costs, including direct materials, labor, and overhead expenses. Investigate significant variances and provide explanations to management.

• Identify cost-saving opportunities and implement strategies to improve cost efficiency without compromising quality.

Financial Reporting & Analysis:

• Prepare and analyze financial reports related to manufacturing operations, with focus on revenue recognition, cost analytics, and profitability review.

• Ensure accuracy and compliance with Marmon’s Standard Practice Instructions and company policies.

• Support the manufacturing department in financial planning activities, including capital investment proposal with focus on paybacks, IRR and other metrics.

• Assist in reviewing and forecasting the financial impact of operational decisions.

Budgeting and Forecasting:

• Assist in the development of annual manufacturing budgets and forecasts.

• Collaborate with department managers to establish realistic goals and monitor performance against budget targets.

• Maintain standard cost systems compliant with company policies.

• Review and analyze purchase price variances and provide valuable feedback to purchasing and management.

Internal Controls and Compliance: