Staff Accountant, Inventory

What You’ll Be Responsible For

• Report to the Inventory Manager and support Operations teams by performing day-to-day inventory accounting functions and related accounting activities including month-end close and financial audit support.
• Work closely with other accounting team members, as well as IT and retail store personnel.
• Prepare journal entries and account reconciliations for areas such as inventory, accruals and prepaid accounts.
• Process inventory adjustments in the subledger and review inventory adjustments processed by retail stores and warehouses to ensure proper support and approvals were obtained.
• Monitor inventory balances for international retail stores in Teamworks to ensure all transactions are posted in AX and intercompany transactions balance.
• Reconcile third-party distribution center inventory balances to inventory subledger and investigate differences.
• Perform month end balance sheet account reconciliations and analyze account variances to prior periods.
• Prepare rollforwards and verify accuracy of all monthly activity, including warehouse adjustments (i.e., cycle counts, damages, etc.).
• Work closely with distribution personnel to review invoices to ensure accurate recording/coding of distribution costs and ensure costs are appropriately accrued.
• Provide support for analysis of inventory obsolescence reserves.
• Coordinate physical inventory counts and support cycle counting procedures.
• Generate reporting and analysis for inventory costing.
• Cook with business partners to ensure accurate and timely recognition of packaging and shipping costs.
• Coordinate with FP&A team and related business partners to ensure corporate expense accruals are recorded accurately and in a timely manner.
• Use analysis and research to ensure prepaid balances and related amortization expense is recorded properly and within established company guidelines.
• Support our year-end financial audit.
• Aid with special projects and research as needed.

Qualifications/Experience

• Bachelor’s degree in accounting.
• Two to three years of experience, with focus on inventory accounting/control.
• Strong organizational skills and attention to detail.
• Ability to perform critical analysis and thinking, prioritize and problem solve.
• Ability to work under pressure and multitask with time sensitive constraints.
• Excellent verbal and written communication skills.
• Proactive individual who can work in a dynamic, fast-paced, and evolving environment.
• Work effectively within the department and across departments.
• Desire to identify and implement process improvement opportunities.
• Prior experience working with Microsoft Dynamics AX, Teamworks and/or New Store preferred.
• Strong background with Microsoft Excel particularly pivot tables, v-lookup, and sum-if functions.