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We are looking for a detail-oriented and experienced Senior Inventory Accountant to join our team in New York, New York. In this long-term contract position, you will play a key role in managing and reconciling inventory accounts, supporting month-end close processes, and ensuring accurate financial reporting. This is a great opportunity for someone with a strong background in inventory accounting and general ledger management to contribute to a dynamic retail organization.
Job Responsibility:
Perform monthly reconciliations of inventory valuation, cost accounting, and inventory on-hand as part of the month-end general ledger close process
Support annual physical inventory counts by working closely with operational teams to prepare, execute, and report results to senior management and external auditors
Collaborate with warehouse teams to ensure proper valuation and transaction of inventory, making necessary adjustments as required
Validate monthly inventory movements across warehouse and retail channels, including receipts, transfers, returns, and other adjustments
Develop and maintain business and accounting policies specific to inventory management
Provide inventory-related data and supporting documentation for year-end bank reviews and financial audits
Assist in reconciling raw material inventory accounts with vendors and internal teams, ensuring accuracy and completeness
Participate in monthly processes for scrap and gifting/donation write-offs in coordination with other senior accountants
Collaborate with the Senior Manager of Inventory Accounting on various ad-hoc projects as needed.
Requirements:
Proven experience with month-end close activities and general ledger management
Expertise in preparing journal entries and reconciling accounts
Strong background in inventory accounting and reconciliation processes
Proficient in financial systems such as Oracle and NetSuite
Familiarity with bank reconciliations and audit preparation
Ability to analyze and validate inventory movements across multiple channels
Excellent organizational and communication skills
Bachelor's degree in Accounting, Finance, or a related field.
What we offer:
Medical, vision, dental, and life and disability insurance