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Senior Inventory Accountant (Inventory & Fixed Assets)--Hybrid in Piscataway, NJ
$85,000 - $90,000 / year
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Job Description
Senior Inventory Accountant–Inventory & Fixed Assets Job Description
Full-Time | Hybrid in Piscataway, NJ
Role Overview
Ensemble Performing Arts, a high-growth consolidator of performing arts businesses, is seeking a Senior Accountant – Inventory and Fixed Assets to play a key role in maintaining accurate accounting for the company's musical instrument inventory, and fixed assets which includes musical instrument rental fleet, FF&E and LHI. This is a hybrid position, and the work schedule is full-time (40 hours per week).
As the Senior Accountant, Inventory and Fixed Assets you will be responsible for inventory accounting for instrumentals held for sale including valuation, proper reporting of COGS and reserves. This position will also be responsible for the accounting for the music rental fleet which is considered as a fixed asset. This role will interface with the sales, operations and warehouse personnel in Piscataway, New Jersey.
Key Responsibilities:
- Inventory & Rental Asset Accounting
- Oversee the accounting lifecycle of all rental instruments and equipment, including capitalization, depreciation, and disposals.
- Manage the rental inventory subledger, ensuring each asset is accurately recorded, tagged, and tracked between customers, schools, and service centers.
- Reconcile monthly physical counts with financial records and investigate variances with warehouse or district coordinators.
- Monitor inventory in circulation (rented out), in repair, and in storage, ensuring proper classification and valuation.
- Coordinate with operations to maintain asset condition and replacement schedules, reflecting write-offs or refurbishments in accounting records.
- Oversee rental revenue recognition and ensure COGS alignment for both school and individual rental programs.
- Support pricing analysis and asset utilization studies to guide purchasing and replacement decisions.
- Fixed Asset Management
- Maintain the fixed asset register for facilities, technology, and warehouse equipment.
- Record acquisitions, transfers, disposals, and calculate monthly depreciation according to company capitalization policy.
- Review for asset impairments or retirements (e.g., instruments beyond repair, obsolescence).
- Coordinate annual fixed asset inventory audits and support insurance valuation processes.
- Financial Reporting & Month-End Close
- Prepare and post journal entries for inventory adjustments, depreciation, and asset disposals.
- Perform monthly reconciliations for inventory, prepaid instruments, repairs, and fixed asset accounts.
- Support monthly and quarterly close processes by providing detailed supporting schedules.
- Analyze inventory and fixed asset trends to identify variances, cost inefficiencies, or opportunities for improvement.
- Assist in annual audit preparation and provide requested documentation to auditors.
- Cross-Functional Support
- Partner with School Services and Customer Accounts teams to ensure rental instruments are accurately recorded in both the financial and operational systems.
- Collaborate with Repair & Maintenance teams to ensure costs are properly capitalized or expensed.
- Work closely with Purchasing and Operations to improve asset lifecycle tracking (from acquisition to retirement).
- Recommend process improvements for inventory control, depreciation methods, and reporting automation.
About You
- Qualifications
- Bachelor's degree in Accounting, Finance, or related field.
- 5–8 years of accounting experience, including 3+ years managing inventory and fixed assets.
- Experience in a retail or rental-based business strongly preferred.
- Strong understanding of GAAP, inventory valuation, and depreciation principles.
- Proficiency with accounting and ERP systems (e.g., NetSuite, QuickBooks).
- Advanced Excel skills (pivot tables, lookups, data validation).
- Detail-oriented, analytical, and proactive in identifying process improvements.
- Excellent communication skills and ability to collaborate across departments.
- Key Competencies
- Demonstrates accuracy in asset and depreciation tracking.
- Understands the lifecycle of rental instruments and school contracts.
- Identifies ways to streamline reporting and control procedures.
- Upholds strong internal control and audit readiness.
Compensation & Benefits
This role will be full-time, hybrid in Piscataway, NJ, and with a salary of $85,000-90,000/year. The Senior Inventory Accountant will be eligible for PTO in accordance with Ensemble policies. Ensemble offers Health, Vision, & Dental benefits to all full time employees, and all employees are eligible for a 401K with employer match after 90 days of employment. Join a supportive, mission-driven arts organization with opportunity for growth as Ensemble's operations scale.
How to Apply
Please submit:
Your resume
A brief cover letter outlining your interest in this role and relevant experience
Responses to our short questionnaire about your background
Applications without a cover letter and questionnaire response will be considered incomplete and not reviewed. Diversity is a strength of our artistic community and we invite all those meeting the above criteria to apply.
About Ensemble Performing Arts
Ensemble Performing Arts, an Inc 5000 award winner, is an owner and operator of independently-run performing arts schools and businesses, powered by passionate educators and supported by a team that believes in preserving what makes each school special. Our mission is to deliver excellence in arts education through excellence in administration.
Our Values:
- Stewardship: We support local arts communities by making it easy for educators to focus on teaching.
- Growth: We invest in our team and partners to build a brighter future in arts education.
- Stagehands: We work behind the scenes so teachers and students can shine on stage and be the stars of the show.
To learn more about Ensemble, visit ensembleschools.com
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