Senior Accountant - Inventory

MillerKnoll•Stamford, CT

10d

About The Position

Design Within Reach is seeking an Inventory Senior Accountant to independently support and oversee key inventory accounting activities across multiple brands and locations. The role ensures the accuracy and integrity of inventory and cost of goods sold (COGS) financial results, records transactions in accordance with US GAAP, prepares and analyzes financial information and reports, reconciles general ledger accounts, and maintains subsidiary ledgers. The accountant analyzes inventory results and variances, identifies issues and trends, recommends corrective actions, and partners with the Finance Manager and Controller to strengthen accounting processes and controls. The position supports inventory counts across the US fleet of HM, DWR, Knoll, Outlet, and warehouse locations and reports to the Inventory Accounting Manager. The role owns key elements of the monthly inventory accounting close, including reconciliations, journal entries, and accruals for inventory, COGS, inventory movements, shrinkage, and goods in transit. It maintains SOX-compliant controls, supports audits, and researches inventory accounting issues. The position also coordinates physical inventory activities, analyzes on-hand reports and weekly cycle counts, trains studio employees, maintains inventory scheduling and training resources through Teams, and works with Finance and operational stakeholders on process improvements and system enhancements.

Requirements

BA/BS degree in Accounting, Finance, or a related field, or equivalent relevant experience.
3–5+ years of progressive accounting experience, including inventory or related accounting experience.
Strong knowledge of US GAAP, inventory accounting, and SOX controls.
Demonstrated ability to independently analyze financial information, investigate variances, and resolve accounting issues.
Ability to exercise judgment within established accounting policies and identify when issues require escalation.
Experience partnering with cross-functional stakeholders to resolve accounting or operational issues.
Strong Excel skills, including PivotTables and lookup functionality.
Strong written and verbal communication skills.
Ability to prioritize multiple responsibilities and meet deadlines in a fast-paced environment.
Demonstrated initiative and ability to work independently with limited day-to-day direction.

Nice To Haves

NetSuite experience is highly preferred.
Retail industry experience is preferred.

Responsibilities

Own key elements of the monthly inventory accounting close, including reconciliations, journal entries, and accruals for inventory, COGS, inventory movements, shrinkage, and goods in transit.
Maintain SOX-compliant inventory and COGS controls and processes; identify control gaps and recommend improvements.
Analyze inventory and COGS variances, investigate discrepancies, and partner with the Finance Manager and Controller to resolve root causes.
Review account activity for accuracy, completeness, and compliance with US GAAP and established accounting policies.
Research and resolve moderately complex inventory accounting issues, escalating significant or unusual matters as appropriate.
Support internal and external audit requests related to inventory accounting and controls.
Cross-train in other general ledger and accounts payable functions and serve as a resource to team members on inventory accounting processes.
Coordinate and support physical inventory activities across multiple brands and locations, partnering with local teams to ensure adherence to procedures and controls.
Prepare and analyze on-hand inventory reports and train employees on their effective use.
Perform and analyze weekly cycle counts, investigate variances, and identify recurring issues or trends.
Train studio employees on physical inventory processes and provide guidance on inventory accounting and control requirements.
Prepare and maintain inventory scheduling and training resources through Teams channels.
Partner with Finance and operational stakeholders to identify opportunities to improve inventory accuracy, processes, and financial controls.
Lead or participate in inventory accounting process-improvement initiatives and system enhancements.