
Job opening For Inventory Accounting
1 day ago
Dear Candidate,
Role & responsibilities
Inventory Issue Resolution & Monitoring:
Triage and respond to daily store and operations emails related to inventory issues (e.g., incorrect movements, scanning issues, cost discrepancies).
Monitor and correct zero-cost inventory, unreceived cartons, and system interface errors between ERP and store/DC systems.
Investigate and resolve daily reconciliation variances from Distribution Centers (DCs).
Inventory Adjustment Processing:
Process manual inventory adjustments for:
Mark-to-zero/write-offs
Store openings and closures
Return to vendor (RTV)
DC-to-DC transfers
Donations, samples, and other non-standard movements
Ensure adjustments are properly documented and approved in accordance with internal policies.
Inventory Reconciliation & Physical Counts:
Support and reconcile results from annual store physical inventories.
Work with store ops and loss prevention to investigate and resolve inventory shrink or overage variances.
Track and update theft reports
Weekly review of high shrink stores
Reporting & Analysis:
Prepare and publish monthly reports, including:
Inventory Bridge
Sales and Gross Margin summary
Store-to-store transfers
Inventory adjustments
Ad hoc inventory and margin analysis for Finance and Business teams
Month-End Close Activities:
Assist with closing tasks such as:
Inventory and adjustment account reconciliations
Returns reserve calculations
Inventory rollforwards and margin checks
Controls & Compliance:
Maintain proper documentation of adjustments and reconciliations to support internal controls and audits.
Ensure compliance with internal policies and financial controls around inventory handling and reporting.
Preferred candidate profile
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