
Sr. Inventory Accountant
Required skills
- Inventory Accounting
- Reconciliation
- Variance Analysis
- Month-end close
- Journal Entries
- Account Analysis
- ERP system
- Oracle
- SAP
- Microsoft Office
Nice to have
- Retail business
- Process improvement
Role summary
The Senior Inventory Accountant will ensure the accuracy of company inventory by performing and reviewing store inventory reconciliations. This role collaborates with auditors, warehouse teams, and Independent Operators. Responsibilities include preparing journal entries, performing variance analysis, assisting with audits, and managing period-end close activities. The ideal candidate has a strong finance/accounting background, in-depth knowledge of accounting principles, excellent analytical and problem-solving skills, and ideally, retail business understanding. Proficiency in Microsoft Office/Excel and ERP systems like Oracle or SAP is required.
About the team:
Our Finance team’s mission is to drive efficiency as we support our company and business partners. We analyze data, create records and reports, and make key strategic decisions to keep the business running. Our passion and energy promote a creative and growth-oriented environment. The members of our team are resourceful, critical thinkers that pride themselves on integrity and efficiency.
About the role:
The Senior Inventory Accountant's primary focus is to ensure the accuracy of company’s inventory. This role will perform and review reconciliation of store inventories across our stores. The Inventory Accounting team works closely with our auditors, warehouse teams and our Independent Operators to ensure that our inventories are accurate. The ideal candidate will have a solid finance/accounting background, in-depth knowledge of accounting principles, strong analytical, detail-oriented, and problem-solving skills, and ideally a good understanding of retail business. Exceptional organizational skills are a must to meet tight deadlines of this role. This role reports to the Director - Accounting.
Responsibilities Include:
- Reconciling retail store inventories across our stores.
- Prepare and/or review the retail store inventories reconciliations across our stores.
- Assist in providing requested deliverables to the internal and external auditors in conjunction with quarter review and year-end audit processes.
- Understand the daily activities of the department and aid in coordinating and managing the period end close process to ensure daily and period goals and deadlines are met.
- Perform variance analysis for assigned areas of responsibility and partners with corporate department leaders and other company personnel to ensure variances are adequately explained.
- Perform month-end close activities including preparation of journal entries, reconciliations, and reports related to retail inventories.
- Perform account analysis on general ledger detail and prepare journal entries based on this analysis.
- Process certain manual inventory transfer transactions in the inventory system.
- Monitor and improve accounting and reporting processes.
- Prepares expense accruals, reconciliation and explain fluctuations.
About The Pay:
- Base Salary Range: $35 - $40 Hourly
- 401(k) Profit Sharing.
- Medical, Dental, Vision & More!
- Final compensation will be determined based upon experience and skills and may vary based on location.
About you:
- Bachelor’s degree in accounting/finance is required.
- Strong Microsoft Office/Excel skills and experience with an ERP system required (Oracle or SAP).
- Demonstrated analytical and problem-solving skills.
- Professional Attributes/Work Ethic: strong communication skills (Oral and Written), detail-oriented, organized, collaborative, innovative, self-motivated, decisive, accountable, and committed to excellence and high standards.
- May be required to work overtime on occasion.
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