Sr Inventory Acct Analyst

BJ's Wholesale Club•BJ's Club Support Center Marlborough, MA

21h•$76,000 - $98,500•Hybrid

About The Position

A World-Class Team BJ’s Wholesale Club is powered by more than 30,000 team members who make a real impact every day. Whether you're stocking shelves, solving problems or shaping strategy, your work helps families save on what matters most. We’re a team built on purpose and opportunity. Join us and be part of something meaningful. Why You’ll Love Working at BJ’s At BJ’s Wholesale Club, our team members are at the heart of everything we do. That’s why we offer a comprehensive benefits package designed to support your health, well-being and future – both on and off the job. When you grow, we grow. Here’s just some of what you can look forward to: Weekly Pay: Get paid every week so that you can manage your money on your terms. Free BJ’s Memberships: Enjoy a complimentary The Club Card Membership, plus a free Supplemental Membership for someone in your household. Generous Paid Time Off: Take the time you need with vacation, personal, sick days, holidays, bereavement, and jury duty leave. Flexible and Affordable Health Benefits: Choose from three medical plans, and access optional dental, vision, Health Savings Account (HSA), and flexible spending account options to fit your lifestyle. 401(k) Retirement Savings Plan: Build your financial future with a company match (available to team members 18 and older). Employee Stock Purchase Plan: Accumulate funds through after-tax payroll deductions that can be used to purchase shares of BJ’s common stock at a 15% discount. Eligibility requirements vary by position. We are seeking a highly skilled and experienced Senior Inventory Accounting Financial Analyst to join our team. This role focuses on inventory and waste accounting within our clubs and distribution centers (DC). The ideal candidate will have a strong understanding of accounting principles, excellent analytical skills, and the ability to manage multiple priorities. This role also works cross functionally with several departments and should have good communication skills.

Requirements

Bachelor’s degree in accounting or finance
5+ years of Finance/Accounting or inventory accounting experience
Strong understanding of accounting principles and financial processes.
Experience with SAP or other enterprise financial systems and reporting systems such as Tableau
Familiarity with physical inventory processes.
Excellent written and verbal communication skills.
Proven ability to manage multiple priorities and work cross-functionally.

Nice To Haves

Six Sigma experience and/or related process improvement skills preferred.
Worked in a shared service organization a plus

Responsibilities

Accounting and reconciling shrink provision/salvage accounts to understand the balances and assess the level of reserves.
Realigning shrink rates for non-perishable categories each quarter to ensure proper reserves
Analyzing club yearly physical inventory to understand shrink opportunities and top drivers of expense each month. This also includes a regular roll forward during weeks of inventory to ensure sources of expense
ABC Count designation realignment to ensure counts for the following year are in line with the appropriate category risk level and shrink
Regular monitoring of salvage expense reserves
Provides reporting that is reviewed at forecasting meetings to help FP&A & merchant teams understand top drivers and expected results
Salvage receivable monitoring for all sources of salvage sales done both at DCs and clubs. He also determines where we have gaps or potential exposure due to aged or large unpaid receivables
Recall receivable monitoring for items on active recall including communication with Asset Protection to ensure collectability
Develop new and adhoc reporting using BW/EDW (including Tableau)/SAP tools
Attend and discuss meetings for inventory and cycle related initiatives such as S4 Hana, Robotics Distribution Center, DC cycle counting, etc
Provide process enhancements which result in opportunities for cost savings, simplification, or enhancement of business-critical information.
Working in a team or individually on ad hoc tasks, projects, or analysis as needed to support management.
Responsible for overseeing offshore team and ensure all processes associated with working with offshore team are followed