Senior Accountant, Inventory

The Senior Accountant, Inventory is a key member of the Controllership organization responsible for the accuracy, integrity, and timely reporting of inventory-related financial activity in accordance with Company policies and established accounting standards. This position independently manages complex inventory accounting activities and serves as a subject matter resource for inventory valuation, account reconciliations, financial close, reserves, pricing adjustments, inventory movements, and related financial reporting.

The role is responsible for analyzing and recording inventory transactions, preparing and reviewing journal entries and balance sheet reconciliations, investigating variances and discrepancies, and ensuring appropriate accounting treatment for items such as book-to-perpetual adjustments, short-dated inventory, excess and obsolete inventory reserves, blocked inventory, inventory in transit, floor stock adjustments, pricing changes, and return-to-vendor activity. The Senior Accountant, Inventory also supports gross margin analysis, inventory metrics, external audit requirements, and the maintenance of complete, accurate, and audit-ready supporting documentation.

Working across Accounting, Finance, Product Management, Accounts Payable, Business Intelligence, and operational teams, this position provides financial insight, resolves complex inventory-related issues, strengthens internal controls, and identifies opportunities to improve reporting, processes, data quality, and system effectiveness. The role regularly interacts with internal leadership, external auditors, vendors, service providers, and other financial professionals and is expected to exercise sound judgment, strong analytical capability, and a high degree of ownership in support of the Company’s financial reporting and operational objectives.

• Independently manage assigned inventory accounting activities through the monthly financial close, ensuring transactions are recorded accurately, completely, and within established reporting deadlines.
• Prepare and post journal entries related to inventory activity, including price changes, blocked inventory, short-dated inventory, excess and obsolete inventory reserves, book-to-perpetual adjustments, and other inventory-related transactions.
• Prepare, review, and reconcile assigned inventory-related balance sheet accounts, investigate reconciling items, and resolve discrepancies on a timely basis.
• Review and reconcile inventory-in-transit activity, research aged or unmatched balances, and coordinate resolution with appropriate business partners.
• Evaluate inventory transactions and accounting issues to determine appropriate treatment in accordance with Company policies, and established accounting practices.

• Analyze inventory balances, activity, and trends to support accurate inventory valuation and identify potential financial reporting risks or unusual activity.
• Review and analyze short-dated, excess, obsolete, blocked, and other at-risk inventory and support the calculation, documentation, and recording of appropriate inventory reserves.
• Analyze inventory-related expense account variances, investigate significant fluctuations, and provide clear explanations of actual results and key drivers.
• Support gross margin analysis by evaluating inventory-related activity, pricing changes, adjustments, and other transactions that may affect reported financial performance.
• Prepare recurring and ad hoc inventory analyses that provide management with insight into financial trends, exposures, and operational drivers.