Senior Manager, Inventory Accounting

Staples Business • Framingham, MA

11h

About The Position

Staples is business to business. You’re what binds us together. Our talented finance team partners with every area of the business to drive results and provide financial expertise. We are passionate about analyzing and interpreting information to assess performance and provide guidance. Our team serves as a true partner and advisor to all our business leaders; working with them to accelerate the company’s profitability and growth. What you will be doing: Oversee the accounting for inventory and related accounts/processes for both our Retail and Contract/Online businesses. Manage accounting for PI results and partner with Loss Prevention on understanding shrink drivers. Partner with Store Operations, Loss Prevention and Warehouse management teams on PI scheduling, including external auditor observations and accuracy of counts/reconciliation of any test count exceptions. Oversee warehouse system conversions ensuring balance sheet accuracy and compliance with SOX controls requirements. Manage the excess and obsolescence reserve ensuring all areas of at-risk inventory are accounted for. Partner closely with the merchants to understand risk drivers. Serve as inventory subject matter expert partnering with SDS, AP, Merchandising and various operational teams on the launch of new initiatives. Ensure proper SOX controls are in place for inventory, reserves and our cycle count process and lead the walk throughs and controls testing with Internal and External auditors. Oversee resolution of day-to-day inventory issues. Oversee 2 direct and 4 indirect reports on-shore and the work of approximately 20 off-shore associates.

Requirements

• Strong leadership and team management skills.
• Excellent communication and interpersonal abilities.
• Analytical thinking and problem-solving capabilities, and a high level of integrity and professionalism.
• Bachelor’s Degree in Accounting or equivalent work experience
• 8+ years of experience including prior management experience

Nice To Haves

• Master’s Degree in Accounting, experience in a similar industry or larger organization, and advanced knowledge of regulatory compliance and financial standards.

Responsibilities

• Oversee the accounting for inventory and related accounts/processes for both our Retail and Contract/Online businesses.
• Manage accounting for PI results and partner with Loss Prevention on understanding shrink drivers.
• Partner with Store Operations, Loss Prevention and Warehouse management teams on PI scheduling, including external auditor observations and accuracy of counts/reconciliation of any test count exceptions.
• Oversee warehouse system conversions ensuring balance sheet accuracy and compliance with SOX controls requirements.
• Manage the excess and obsolescence reserve ensuring all areas of at-risk inventory are accounted for. Partner closely with the merchants to understand risk drivers.
• Serve as inventory subject matter expert partnering with SDS, AP, Merchandising and various operational teams on the launch of new initiatives.
• Ensure proper SOX controls are in place for inventory, reserves and our cycle count process and lead the walk throughs and controls testing with Internal and External auditors.
• Oversee resolution of day-to-day inventory issues.
• Oversee 2 direct and 4 indirect reports on-shore and the work of approximately 20 off-shore associates.

Benefits

• Inclusive culture with associate-led Business Resource Groups
• Flexible PTO (22 days) and Holiday Schedule (7 observed paid holidays)
• Online and Retail Discounts, Company Match 401(k), Physical and Mental Health Wellness programs, and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees