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The Senior Accountant - Inventory will report to the Manager of Inventory and collaborate with other members of the NAPA HQ accounting team on month-end and year-end close processes. This role is a key part of the Accounting team, providing oversight primarily related to inventory, inventory reserves, and the associated cost of goods sold. Responsibilities include conducting comprehensive technical research on complex accounting topics, with a strong focus on interpreting and applying US GAAP and other authoritative accounting literature to ensure accurate financial reporting and compliance.
Job Responsibility:
Participate in the month-end close process, including the preparation and/or review of journal entries, account reconciliations, variance explanations and other financial information and supporting schedules
Lead the analysis and management of inventory reserves to ensure accurate financial reporting and compliance with accounting standards
Develop and implement strategies to monitor and optimize inventory reserves, minimizing risk and financial exposure
Collaborate with cross-functional teams including supply chain, operations, and finance to assess inventory valuation and reserve requirements
Ensure adherence to company policies and external regulations related to inventory accounting and reserves
Assist with internal and external audits by providing necessary documentation, explanations, and support
Analyze financial data and trends to identify variances, anomalies, and opportunities for improvement
Act as the subject matter expert for assigned areas of responsibility and interact with all levels of management regarding issues related to these specific areas
Assist in the design and implementation of new controls in response to process changes, system implementations, or identified deficiencies from internal/external audits
Other duties as assigned
Requirements:
Bachelor’s Degree in accounting
CPA Required
Public Accounting background preferred
Basic knowledge of concepts, practices, and procedures as relates to general ledger accounting
PeopleSoft experience preferred
Strong analytical skills
Problem solving abilities
Detail oriented
Nice to have:
Public Accounting background
PeopleSoft experience
What we offer:
We offer comprehensive benefit plans and programs designed to support your health and wellness, provide income protection and build financial security for your retirement