Manager Inventory Accounting
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, MA or Tilton, NH.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- 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.
- Prepare, analyze, and assess 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, investigating and resolving discrepancies 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 reviewing work, prioritizing activities, and providing performance feedback.
- Support internal and external audit requests and other projects as needed.
Benefits
- Bonus eligible.
- 401(k) retirement plan with discretionary match and tuition reimbursement.
- Medical, dental, and vision coverage.
- Company-paid LTD/STD.
- Generous paid time off.
- Office amenities including a café, fitness center, free parking, and Red Line shuttle.
- Generous associate discount.
- Group discounts on auto, pet, and homeowner insurance.
- Discount Marketplace for travel, consumer products, food, auto buying, and more.
- Associate resource groups.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
