Supervisor, Accounting – Margin & Cost

Who We Are:

At Avnet, relationships matter. We are a global, FORTUNE ® 500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product’s lifecycle. Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share. We’re driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology.

Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way. For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology. Experience what’s next at Avnet!

Job SummaryPosition Summary

The Supervisor, Accounting – Margin & Cost is responsible for leading and overseeing margin and cost accounting activities across Farnell North America. The role ensures accurate financial reporting, effective internal controls, timely month-end close, and meaningful analysis of margin, inventory, and product costs.

The position will supervise the Margin & Cost Accountant and work closely with Finance, Operations, and the R2R team to investigate variances, strengthen controls, and improve accounting processes.

Key Responsibilities

Margin & Cost Accounting

• Lead and oversee accounting activities related to gross margin, product cost, inventory, and cost of sales.
• Review margin results and investigate significant margin and cost variances.
• Ensure accurate accounting for inventory, product costs, accruals, reserves, and related balance sheet accounts.
• Review journal entries, reconciliations, and supporting documentation related to Margin & Cost Accounting.
• Support evaluation and resolution of accounting issues impacting margin, inventory, and cost recognition.

Month-End Close & Controls

• Lead Margin & Cost activities during the monthly, quarterly, and annual close.
• Ensure accounting activities are completed accurately and within established close deadlines.
• Maintain strong controls, account reconciliations, and supporting documentation.
• Support internal and external audit requirements related to margin, inventory, and cost accounting.

Supervision & Business Partnership

• Provide direct supervision, coaching, and technical guidance to the Margin & Cost Accountant.
• Review work performed by the team and ensure appropriate quality and controls.
• Coordinate with R2R, FP&A, Commercial Finance, Operations, and other accounting teams to resolve issues and improve financial accuracy.
• Identify opportunities to standardize, simplify, and automate accounting processes.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Approximately 5+ years of progressive accounting experience, preferably including cost, inventory, or margin accounting.
• Previous supervisory, team-lead, or significant review experience preferred.
• Strong understanding of GAAP, month-end close, account reconciliations, inventory, and cost accounting.
• Strong analytical skills with the ability to explain financial and margin variances.
• Advanced Excel skills and experience working with ERP/accounting systems.
• Strong communication skills and ability to work across accounting, finance, and operational teams.

What We Offer:

Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet’s ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs — from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.

• Generous Paid Time Off

• Savings Fund

• Paid Holidays

• Medical, Dental, Vision and Life Insurance

• Education Assistance

• Employee Development Resources

• Employee Wellness, Leadership Development, and Mentorship Programs

• Year-End Bonus

• Food Coupons

Benefits listed above may vary depending on the nature of your employment with Avnet.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

Avnet is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex (including pregnancy), age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other characteristic protected by law. This policy of non-discrimination also applies to religious dress and grooming practices. Avnet will accommodate employee religious dress standards and grooming practices that do not result in undue hardship for the Company.  If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center at (888) 994-7669.