Senior Accountant

Duluth Trading Company • Mount Horeb, WI

25d • $70,000 - $100,000 • Hybrid

About The Position

The Senior Accountant oversees the accurate reporting of inventory balances across the Company, while identifying opportunities to design and implement process improvements to enhance downstream efficiencies. This individual will also play a critical role in understanding all inventory adjustments and their impact to the financial results of the Company. As an industry best practice, this role leads the month-end inventory close process and ensures compliance with GAAP valuation standards.

Requirements

• Bachelor's Degree in Accounting or related field
• Equivalent work experience will be considered
• 5+ years of experience
• Attention to detail and problem-solving skills.
• Excellent PC and Microsoft Excel skills (including advanced functions like pivot tables, VLOOKUPs, and large data set manipulation).
• Strong collaboration and communication skills (both written and verbal).
• Organizational and time management skills and an ability to manage multiple tasks simultaneously.
• Authorization to work in the United States without sponsorship.

Nice To Haves

• CPA or CMA a decided plus.
• Experience with Manhattan WMS/MAO a plus

Responsibilities

• Lead inventory-related month-end close activities, including the preparation of journal entries, accruals, and inventory roll-forwards.
• Responsible for monthly inventory reconciliation between the inventory warehouse management (WMS) subledger and the general ledger, including the timely resolution of any discrepancies.
• Understand process flows and verify that all inventory transactions are accurately being recorded to the general ledger, including understanding the impact of any new initiatives/system modifications.
• Ensure appropriate segregation of duties and SOX compliance for all activities performed.
• Perform standard cost calculations and analyze purchase price variances to ensure accurate inventory valuation.
• Calculate and maintain inventory valuation reserves, including Excess & Obsolete (E&O) and Lower of Cost or Net Realizable Value (LCNRV).
• Understand all components of monthly inventory adjustments, develop a structure for assigning ownership for each adjustment category, monitor activity based on established KPI’s, as well as forecast the financial impact monthly.
• Review monthly shrink results for accuracy and assist sites with root cause analysis on unusual gains and losses.
• Monitor the aging of inventory and liaison with merchants and the inventory planning team to support the appropriate business decisions.
• Proficient with inventory warehouse management (WMS) software, including ability to work cross-functionally to troubleshoot and resolve any issues timely.
• Liaise and collaborate with inventory and distribution center partners to provide insights and reporting leading to improved inventory visibility, insights, actions, and productivity.
• Partner cross-functionally with Supply Chain, Procurement, and logistics providers to accurately track and capitalize landed costs, freight, and tariffs.
• Support sites in periodic cycle counts and the annual physical inventory process to ensure executed in accordance with policy.
• Analytically review and monitor inventory levels for all locations for existence and accuracy.
• Compile accurate information for internal and external audit requests.
• Champion automated process improvements to minimize the need for manual intervention to resolve issue.
• Participates in proactive team efforts to achieve departmental and company goals.
• Adopt organizations values in personal work behaviors, decision making, contributions and interpersonal interactions.
• Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value "can do" people, accountability, flexibility, continuous improvement, collaboration, creativity and fun.

Benefits

• Multiple Medical plan options
• Dental & Vision plans
• Medical and Dependent Care Flexible Spending Accounts
• Health Savings Account including company contributions
• Company paid Life Insurance and AD&D
• Company paid Short-Term Disability
• Other various voluntary benefits including: Accident, Critical Illness, Hospital Indemnity, Long-Term Disability and Supplemental Life Insurance
• 401(k) Employer Match
• Parental Leave
• Paid holidays: New Year’s Day, Martin Luther King Jr. Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Thanksgiving Day, Christmas Eve, Christmas Day
• Paid Time Off: take it as you need it policy for exempt employees
• Daily pay available
• 40% Employee Discount
• Flexible Fridays
• Onsite fitness center

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level