Manager Inventory Accounting

J. Jill•Quincy, MA

About The Position

The Inventory Manager oversees inventory accounting and control activities to ensure accurate financial reporting and inventory records across J.Jill’s retail stores, direct-to-consumer operations, and distribution network. Reporting to the Assistant Controller, this role leads inventory-related close processes and reserves, strengthens inventory accuracy and controls, and partners with cross-functional teams to resolve issues and improve processes. The position supervises inventory accounting staff and balances hands-on accounting knowledge with effective operational oversight. The job can be located in Quincy, Massachusetts, or Tilton, New Hampshire.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • At least 5 years of progressive accounting experience, including inventory or cost accounting experience.
  • Hands-on experience with month-end close, journal entries, account reconciliations, and financial reporting.
  • Demonstrated experience supervising and developing accounting staff, including reviewing work, managing priorities, and providing performance feedback.
  • Strong understanding of inventory accounting principles and internal controls.
  • Strong analytical, problem-solving, communication, and organizational skills.
  • Advanced Excel skills and experience with ERP or inventory management systems.

Nice To Haves

  • Experience in retail, consumer products, distribution, or another inventory-intensive environment.

Responsibilities

  • Oversee inventory accounting activities, including month-end close, journal entries, account reconciliations, inventory valuation, and related financial reporting.
  • Own the preparation, analysis, and ongoing assessment of customer return reserves for retail and direct-to-consumer channels, as well as inventory-related reserves including markdowns and shrink.
  • Monitor inventory transactions and reconciliations across financial and operational systems, ensuring discrepancies are investigated and resolved promptly.
  • Oversee inventory control activities, including annual physical counts, distribution center cycle counts, transfers, and inventory adjustments.
  • Analyze inventory trends, shrinkage, costing variances, and other key metrics to identify risks and opportunities for improvement.
  • Partner with Store Operations, Distribution Center, Merchandising, IT, and Finance to resolve inventory issues and strengthen operational processes.
  • Maintain effective inventory accounting procedures and internal controls in accordance with company policies and applicable accounting standards.
  • Support inventory-related systems enhancements, reporting improvements, and process automation initiatives.
  • Lead, supervise, and develop inventory accounting staff, including review of work, prioritization of activities, and performance feedback.
  • Support internal and external audit requests and other projects as needed.

Benefits

  • Bonus eligibility.
  • 401(k) retirement plan with discretionary match.
  • Tuition reimbursement.
  • Medical, dental, and vision coverage.
  • Company-paid long-term and short-term disability.
  • Paid time off.
  • Office amenities including a café, fitness center, free parking, and Red Line shuttle.
  • Associate discount.
  • Group discounts on auto, pet, and homeowner insurance.
  • Discount Marketplace for travel, consumer products, food, auto buying, and other offerings.
  • Associate resource groups.
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