Staff Accountant, Inventory

V Opco LLC•New York, NY

7h•Hybrid

About The Position

The Staff Accountant will report to the Inventory Manager. The Staff Accountant will support the Operations teams by performing day-to-day inventory accounting functions and related accounting activities including month-end close and financial audit support (e.g., year-end audits). The Staff Accountant will work closely with other accounting team members, as well as IT and retail store personnel.

Requirements

Bachelor’s degree in accounting
Two to three years of experience, with focus on inventory accounting/control
Strong organizational skills and attention to detail
Ability to perform critical analysis and thinking, prioritize and problem solve
Ability to work under pressure and multitask with time sensitive constraints
Excellent verbal and written communication skills
Proactive individual who can work in a dynamic, fast-paced, and evolving environment
Work effectively within the department and across departments
Desire to identify and implement process improvement opportunities
Strong background with Microsoft Excel particularly pivot tables, v-lookups, and sum-if functions

Nice To Haves

Prior experience working with Microsoft Dynamics AX, Teamworks and/or New Store preferred

Responsibilities

Prepare journal entries and account reconciliations for areas such as inventory, accruals and prepaid accounts
Process inventory adjustments in the subledger and review inventory adjustments processed by retail stores and warehouses to ensure proper support and approvals were obtained
Reconcile 3rd party distribution center inventory balances to inventory subledger and investigate differences
Monitor inventory balances for international retail stores in Teamworks to ensure all transactions are posted in AX and intercompany transactions balance
Perform month end balance sheet account reconciliations and analyze account variances to prior periods
Prepare rollforwards and verify accuracy of all monthly activity, including warehouse adjustments (i.e., cycle counts, damages, etc.)
Work closely with distribution personnel to review invoices to ensure accurate recording / coding of distribution costs and ensure costs are appropriately accrued
Provide support for analysis of inventory obsolescence reserves
Coordinate physical inventory counts and support cycle counting procedures
Generate reporting and analysis for inventory costing
Work with business partners to ensure accurate and timely recognition of packaging and shipping costs
Coordinate with FP&A team and related business partners to ensure corporate expense accruals are recorded accurately and in a timely manner
Use analysis and research to ensure prepaid balances and related amortization expense is recorded properly and within established company guidelines
Support our year-end financial audit
Assist with special projects and research on an as needed basis

Benefits

Robust healthcare options for medical, dental, vision, flexible spending, and health savings account with employer funding
401(k) with employer match
Generous paid time off plans for vacation, sick, and personal, volunteer time, as well as company holidays
Hybrid and flexible work options available for roles that can be done remotely
Clothing allowance & merchandise discounts
$400 annual gym reimbursement
Monthly data/phone stipend for eligible roles
Mental health support tools and telehealth psychology and psychiatry
Family and caregiving benefits including a competitive paid parental leave program as well as supplemental infertility coverage
Life, accidental death & dismemberment, short-term disability, and long-term disability insurance
Supplemental hospital indemnity, specified disease, and accident coverage
Pre-tax commuter benefits including transit and parking
Discounted pet, home & auto, and legal insurance