Accountant - Inventory

About The Role

Responsible for performing inventory accounting activities, analyzing inventory-related financial data, and preparing accurate financial reports to support business operations. This position ensures the integrity of inventory balances through reconciliations, valuation analysis, cycle count support, month-end close activities, and compliance with accounting policies and internal controls. The Inventory Accountant partners with cross-functional teams to maintain accurate inventory records, investigate variances, and support financial reporting and operational decision-making.

Responsibilities

• Performs various account reconciliations, including inventory-related accounts, to interpret and report the effects of established financial plans.
• Prepares, examines, and analyzes accounting records, financial statements, inventory transactions, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Develops, maintains, and analyzes data to be used in management reporting and inventory-related financial analysis.
• Prepares and processes journal entries, as well as establishes and assigns entries to proper accounts in the General Ledger.
• Develops, implements, modifies, and documents recordkeeping and accounting systems, making use of current computer technology.
• Partners with Merchandising, Finance, and Treasury teams to ensure accurate inventory reporting, support business initiatives, and resolve inventory and financial-related issues.

Knowledge, Skills & Abilities Requirements

• Experience in inventory accounting, including reconciliations, inventory valuation, variance analysis, and month-end close activities.
• Strong understanding of accounting principles and financial reporting.
• Advanced Microsoft Excel skills, including the ability to analyze large data sets and perform complex financial analysis.
• Experience with inventory management systems and ERP platforms required. Oracle EBS preferred.
• Experience developing reports and dashboards using Power BI is a plus.
• Strong analytical, problem-solving, and technical skills with the ability to identify process improvements and leverage technology to drive efficiencies.
• Ability to partner effectively with Merchandising, Finance, Treasury, and Supply Chain teams in a fast-paced environment.
• Possess desire for process improvement and efficiencies.

Competencies & Attributes

• Passionate Learner – learns from different situations; asks questions to gain further understanding; receptive to feedback; applies leanings to their role; shares learnings; allocates time to learning; seeks additional responsibility to develop skills and/or support others in learning.
• Flexible & Agile Adapter – responsive and positive to change; works well with little direction; looks for solutions to achieve plan/task; keeps calm while under pressure; doesn’t dwell on past.
• Talent Builder – shares knowledge and builds skills within the team; actively involved in talent process; considers how to include others to create sense of involvement; invests times as informal/formal coach or buddy; looks for ways to acknowledge, motivate, and value the team.
• Effective Communicator – articulates well when sharing information; self-aware of impact/style to engage others; effective in adapting style where necessary; shares information timely; encourages others to express views and opinions; demonstrates active listening and uses probing questions.
• Team Builder – understands importance of teamwork; shares information; provides support and collaborates with a wide number of colleagues/teams and customers; humble when operating within team; understands importance of collaboration and inclusion.
• Customer Focused Partner – demonstrates solid understanding of the customer; uses customer insights to help improve; seeks to improve customer journey/experience; advocate of the customer; holds self (and others where relevant) to a good standard of customer service.
• Strategic Thinker – brings new, strategic thinking and ideas to leader/team for consideration; contributes to ensure effective delivery of strategic plans; provides ideas and suggestions to improve upon strategies/plans to improve business performance and/or operations.
• Big Picture Thinker – understands how the department and other key departments operate; contributes to and champions change plans to improve processes; knows how decisions could impact other departments.
• Results Driver – holds self and team to good standard of delivery; gives ideas on how to make improvements; effective with own/team time management; focuses on the right priority; self-motivated; adapts easily to change and demonstrates grit and determination.
• Problem Solver & Decision Maker – uses the right information to make good decisions; gathers and examines relevant information; makes recommendations and takes actions to solve problems; considers importance/impact of decisions on department/operations and others.

Working Conditions & Physical Requirements

This will be a hybrid role required to be onsite at the corporate office on specified days. The work environment generally involves everyday risks or discomforts which require normal safety precautions typical of such places as offices, meeting and training rooms, retail stores, and residences or commercial vehicles, e.g., use of safe work practices with office equipment, avoidance of trips and falls, observance of fire regulations and traffic signals, etc. The work area is adequately lighted, heated, and ventilated. The work is sedentary. Typically, the employee may sit comfortably to do the work. However, there may be some walking, standing, bending, and occasionally requires carrying, moving and setting up of computers, for example desktops, monitors, printers, and other small hardware in the testing lab.

Benefits

• Competitive salary
• Medical, dental, vision, and life insurance
• Paid vacation and sick days
• Paid holidays
• Tuition reimbursement
• 401(k) with company match
• In-house salon with complementary services at corporate campus
• Varied selection of food options at corporate campus
• Onsite Sally Beauty and CosmoProf Professional stores with associate merchandise discount