Senior Inventory Accounting Analyst

Jacent•REMOTE,

11d

About The Position

The Senior Inventory Accounting Analyst ensures the accuracy, validity, and integrity of inventory balances across company-owned warehouses and virtual inventory environments, with particular emphasis on Scan-Based Trading (SBT) inventory and shrink analysis. The role leads advanced inventory reconciliation, month-end close preparation, inventory reporting, costing analysis, and quarterly reserve analytics. The analyst coordinates third-party physical inventory counts, prepares monthly schedules for capitalized freight, in-transit inventory, and SBT and warehouse inventory, and develops recommendations to improve accuracy and reduce shrink. The role also provides work direction, guidance, and analytical support to the Inventory Accounting Analyst. The position calls for a highly analytical problem-solver comfortable with large datasets and high-volume transactions, with an understanding of complex inventory ownership models such as SBT, consignment, and virtual inventory.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, Supply Chain, Operations, Analytics, or a related field, or equivalent work experience.
4–7 years of inventory accounting, inventory control, financial analysis, supply chain analysis, or related experience.
Inventory reconciliation experience.
Experience working in high-volume transactional environments.
Strong understanding of inventory accounting, inventory controls, and inventory valuation.
Advanced analytical and reconciliation skills, including the ability to work with large datasets and high-volume transactions.
Ability to identify trends, risks, and shrink drivers.
Effective communication with internal and external stakeholders, including warehouse and store teams, customers, and senior leadership.
Strong problem-solving and root-cause analysis abilities.
Ability to work independently and lead others without formal supervisory authority.
Advanced Microsoft Excel skills.
Strong attention to detail and organization, with the ability to prioritize in a fast-paced environment.
Prolonged periods of sitting at a desk and working on a computer.
Ability to travel occasionally for meetings, training sessions, or customer engagements.
Ability to communicate effectively in person, over the phone, and via digital platforms.

Nice To Haves

Experience with SBT, consignment inventory, virtual inventory, or similar ownership models.
Experience coordinating physical inventory counts.
Experience identifying inventory costing issues.
NetSuite experience.
Tableau experience.
Experience using AI tools such as Claude, Microsoft Copilot, or similar platforms.

Responsibilities

Perform advanced inventory reconciliations across warehouse, SBT, consignment, and virtual inventory locations.
Ensure inventory balances are accurate, supported, and aligned with customer and third-party records.
Investigate and resolve complex inventory discrepancies and ownership issues.
Monitor inventory transactions for accuracy, completeness, and proper classification, and validate adjustments, transfers, returns, and movement activity.
Lead SBT inventory roll-forwards, reconciliations, and variance analysis by customer and location.
Analyze SBT shrink trends, root causes, and financial impact; develop monthly reporting packages and recommend ways to reduce shrink, improve accuracy, and strengthen controls.
Partner with customers, service providers, and internal teams to resolve SBT discrepancies.
Coordinate third-party physical inventory counts for warehouse and virtual inventory locations, including pre-count preparation, communication, documentation, variance investigation, and support for adjustment processing.
Prepare month-end inventory schedules, reconciliations, and analytical support, including monthly SBT and warehouse analysis, capitalized freight schedules, and in-transit inventory schedules.
Support inventory-related financial reporting and close activities.
Prepare quarterly inventory reserve calculations and analytics; analyze reserve trends, shrink drivers, and valuation impacts, and recommend improvements to reserve accuracy and methodology.
Identify and investigate costing discrepancies and valuation issues; support inventory costing processes and system integrity.
Partner with operations, supply chain, and IT to resolve costing and data issues.
Analyze large datasets involving inventory transactions, customer inventory, warehouse activity, and virtual inventory locations.
Use NetSuite, Excel, Tableau, and AI-enabled tools to analyze inventory activity and develop dashboards, reconciliations, reports, and analytical tools.
Support resolution of system and data integrity issues.
Lead the work of the Inventory Accounting Analyst by providing guidance, direction, and analytical support; review work outputs and assist with complex reconciliations.
Serve as a subject-matter expert for SBT inventory, shrink analysis, and inventory close processes.