Inventory Accountant

The Inventory Accountant plays a vital role in keeping inventory records accurate, reliable, and aligned across accounting and operations. In this detail-focused role, you will track and reconcile inventory activity, maintain clear records of inventory movements, support cycle counts and physical inventories, and investigate differences between system data and on-hand quantities. The Inventory Accountant will help safeguard inventory integrity, strengthen financial reporting, and support an efficient and accurate month-end close.

Responsibilities:

• Own the accurate and timely processing of supply, merchandise, intercompany, and weekly FedEx invoices in Microsoft D365, matching invoices to purchase orders and securing required approvals.

• Complete three-way matching of inventory receipts and merchandise invoices in D365, maintaining a reliable receipt log that supports visibility and accuracy.

• Collaborate across Warehouse, Merchandise, Sourcing, Information Technology, and Accounting teams to quickly resolve receiving and invoicing issues.

• Build valuable month-end close experience by recording inventory and royalty journal entries, preparing receipt reports, managing invoices, and calculating accruals as needed.

• Prepare clear documentation and supporting schedules for internal and external audits while helping maintain strong internal controls and accounting policy compliance.

• Bring forward ideas that improve inventory accounting processes, reconciliations, reporting, documentation, and controls.

• Contribute to special projects and evolving team priorities that support Finance and company goals.

Required Qualifications:

• Bachelor’s Degree in Accounting or Finance or relative experience

• 1-2 years in accounting /finance or experience with accounts payable invoicing and inventory receipt process within a general ledger system

Preferred Qualifications:

• Experience with account reconciliations and journal entries

• Proficiency in Excel and manipulating vast amounts of data using formulas such as pivot tables and lookups

• Proficiency in understanding accounting standards related to retail environment is preferred.

• Experience working with warehouse personnel involved with the inventory receiving and shipping process

• 2-3 years’ experience in a corporate general accounting role, including monthly financial closing functions using an ERP type accounting system.

Behavioral Traits for Success:

• Enjoys being recognized for the quality of their work

• Willingness to work within established standards, guidelines, and procedures