Job Description
Job Description
Description
We are seeking a detail-oriented and motivated Inventory Accountant to join our team. This role is ideal for someone with up to three years of experience in accounting, finance, or inventory management who is eager to develop their skills in a dynamic environment. The ideal candidate will have a basic understanding of accounting principles, financial reporting, and inventory control processes with proficiency in Excel and accounting software such NetSuite. Responsibilities include assisting with financial transactions, reconciling inventory records, supporting audits, and maintaining accurate financial and inventory reports, while collaborating with internal teams to ensure efficient accounting operations and inventory operations.
The Inventory Accountant will report to the Accounting Manager and Inventory Manager
Key Responsibilities
Accounting Responsibilities :
Data Management & Reconciliation
- Expense Coding & Entry : Accurately categorize and record expenses in payables and ERP systems.
- Revenue Reconciliation : Verify incoming revenue across multiple channels and match against financial records.
- Bank Reconciliation : Review and balance bank statements to ensure transactions align with company records.
- Credit Card Reconciliation : Validate and classify credit card transactions for accuracy.
- Accounts Payable Management : Ensure accurate recording and processing of vendor payments.
Month-End & Financial Reporting
Journal Entries : Prepare and upload journal entries for month-end close processes.Financial Statements : Assist in compiling balance sheets, income statements, and cash flow reports.Tax & Audit Support : Gather documentation for annual and monthly tax filings and assist with external audits.Payroll Reconciliation : Cross-check payroll reports against accounting records to confirmInventory Responsibilities
Order Management & Tracking
Order Entry & Processing : Input inventory orders into Zenoti and place orders with vendors, ensuring accuracy and compliance with studio needs.Vendor Coordination : Communicate with vendors to confirm order fulfillment and resolve discrepancies.Manager Liaison : Ensure studio managers receive accurate order confirmations and updates.Monthly Order Reporting : Generate reports on orders placed, received, and pending to optimize purchasing decisions.Inventory Control & Reconciliation
Sample Management : Request and track vendor-provided samples for studio testing.Inventory Allocation : Distribute inventory strategically based on studio demand and usage patterns.Audit & Reconciliation : Assist with regular inventory counts, flag discrepancies, and align reports with financial data.Monthly Inventory Reporting : Prepare detailed reports on stock levels, turnover rates, and inventory valuation.Skills, Knowledge and Expertise
Excellent written and verbal communication skillsProficiency in Excel (moderate or higher)Experience with NetSuite and Zenoti is a plusStrong analytical and problem-solving skillsAbility to excel in a fast-paced, customer-focused, and collaborative team environmentCapable of working independently with minimal supervisionAbility to work effectively both independently and within a team, including remote collaborationTeam-oriented mindset with a strong sense of ownership and urgencyHighly detail-oriented and organizedSelf-motivated with a passion for continuous learningStrong organizational skills with the ability to multitask in a dynamic environmentIndustry knowledge is a plusQualifications :
2-3 years of experience in accounting and / or inventory management, with a proven track record of accuracy and efficiency in financial and supply chain operations.Bachelor’s degree in Accounting, Finance, Business, or related field; CPA or CMA certification is a plus.Proficiency in accounting software and ERP systems such as NetSuite, QuickBooks, or similar platforms.Strong understanding of inventory control processes, reconciliations, and cost management to optimize stock levels and reduce discrepancies.Willingness to travel to conduct on-site inventory reviews, audits, and financial compliance checks at various locations.Expertise in financial reporting and data analysis, with the ability to create and present clear, data-driven insights to support business decisions.Outstanding interpersonal and communication skills, with the ability to engage effectively with cross-functional teams, vendors, and leadership.Proven ability to maintain discretion, objectivity, and compliance with financial regulations, internal controls, and industry best practices.Ability to thrive in a fast-paced environment, managing multiple priorities while demonstrating excellent organizational and time-management skills.Benefits
15 Days Paid Time Off10 Paid HolidaysMedical, Dental, Vision 45 / 55 percent Employee / Employer Split- PrimaryMedical, Dental, Vision 70 / 30 percent Employee / Employer Split-DependentsShort and Long Term Disability, AD&D, and Life Insurance 100% company-paid401k Employee Contribution401k Employer Match- Coming later this year, 2024!Employee Assistance Program (EAP) ResourcesOveralls LifeConcierge™Employee Service Allowance50% Employee Retail DiscountFriends and Family DiscountTeam Member Referral Bonus