You've learned about our team members and our clients, now it's time to bring the two together and learn more about Accountfully's departments. Each department combines the talents of our team to serve a specific need for our client companies. Staying on the cutting edge of their industries, and always learning, they also help our internal departments understand more about their specialties, so that they can serve clients better.
Inventory is a business's biggest resource spend, and most complex asset to understand and manage. Our inventory accounting pro team combine their accounting superpowers to help our clients confidently navigate and better understand their inventory to move forward confidently. We implement and manage systems, and advise on inventory management - both externally and internally. Within Accountfully, our Inventory Department is the team that helps our accounting teams stay knowledgeable on the latest inventory based practices and processes.
To provide expertise and knowledge related to inventory and cost of goods sold (COGS) accounting to Accountfully's clients and to recurring accounting teams within the company. As the designated inventory expert points of contact, we focus on building out more knowledge and expertise related to inventory management, systems, and COGS.
Through these efforts, we improve client and internal team inventory based knowledge and confidence.
A huge part of the department surrounds the use and implementation of systems, like Cin7 Core and the Accountfully Inventory Workbook.
Each member of the team brings unique and diverse experience to the table; both professionally and personally. Here are the highlights of each Inventory Department member's background.
Michael Bourke holds Accounting and Communications degrees from the College of Charleston. He previously worked in accounting in the restaurant industry and the home goods manufacturing industry.
Michael says some of his prior experience has helped bring some key skills to his current role.
"I’ve implemented multiple inventory systems for a few companies prior to working with Accountfully, which has been valuable as we work with clients using various platforms and transitioning from one system to another."
His experience in manufacturing accounting has been valuable in his ability to understand various companies' inventory processes and landed cost calculations.
When Michael isn't killing it for our inventory based clients, he likes to play soccer, enjoys reading, and likes to travel as much as possible. You can read more fun facts about Mr. Bourke in his spotlight here. You can find Michael in the Charleston office.
Matthew Lynn went to Tennessee Technological University for both his undergraduate degree (BS in Accounting) and his Master's (MBA).
His career began at a CPA firm fresh out of college, where he quickly decided that public accounting was not how he wanted to spend his career. He bounced between auditing, governmental accounting, and ended up in more of a corporate accounting role prior to Accountfully.
It was at a large apparel company based in New York City that Matt began to work his way up to their FICO Department (Financial Inventory Control).
Matt explains how this company helped hone the skills he uses now.
"Through my previous company, I developed a specialty in Accounting for Inventory and Cost of Goods Sold. Towards the end, I was tasked with working with Deloitte consultants to build a company-wide Inventory Reserve policy that would meet US GAAP requirements."
Outside of work, the gym is where Matt spends the majority of his time. He says of his weight training ambitions, "I have spent over a decade making weight training a part of my everyday life. When people see a 6'0", 245 pound, burly bearded man, an accountant is definitely not the first career assumption that comes to mind."
His other interests include discovering the many restaurants and breweries of his city and finding some body of water to relax on.
Matt is based out of the Nashville office.
"Last fall we transitioned to DEAR because we did not have a proper solution for our inventory management. I was nervous about the transition but luckily I had the pleasure of working with Michael Bourke with Accountfully who was so patient and methodical in his training of all the new processes. He got us up to speed in no time and was available to jump on a call for help when we needed it. We could not have done it without him. I would highly recommend the Accountfully team for DEAR support."
Read more testimonials surrounding our inventory services on the Cin7 partner page.
check out the Accountfully resources page for more helpful accounting and business management tips
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Our Inventory team makes for a very eclectic bunch of accountants, all bringing some serious talent to the table. If you need your own team to help manage and advise you on your inventory based company, tell us more about your needs. We'd be happy to hop on a call and see where we can help.