Senior Inventory Analyst

Summary of Position (Job Purpose)

• Analyze monthly MD and shrink activity to identify trends and/or issues and proper accounting

• Responsible for research and determination of appropriate inventory accounting entries as necessary for the Retail Stock Ledger
  
  RSL), Retek, and General Ledger (GL), collaborate with cross-functional teams and field operations to resolve discrepancies.

• Perform monthly reconciliations of GL accounts, investigate variances, and work with IT to resolve underlying system or data issues.

• Prepare and compile monthly inventory related financial reporting package.

• Lead recurring markdown review meetings with key business partners and provide insights and recommendations.

• Responsible for maintaining and updating internal controls documentation over the company’s inventory

• Serve as the primary inventory contact for internal and external auditors during quarterly reviews and annual audits, including preparing required audit work papers.

• Prepare all required recurring and ad hoc inventory-related journal entries.

• Assist in the design and implementation of IT initiatives related to inventory, ensuring accounting considerations are properly addressed.

• For inventory issues, partner with merchandising, store, and DC teams to identify and analyze. This includes creating SQL queries to investigate root causes and propose corrective actions.

• Review and support the Physical Inventory process and resolve related issues as needed.

• Prepare and own the budget/forecast process for shrink, markdowns, capital DC cost, inventory service, and other relevant accounts

• BS in Accounting, Finance or other related area

• Minimum of 4 years general accounting experience (public or private) or similar

• Microsoft Excel experience

• General knowledge of inventory transactions and how they flow through financial systems

• Good communication and interpersonal skills, both verbal and written

• Good analytical skills and attention to detail

• Self starter with ability to complete tasks with minimal supervision

• SQL Writing Experience

• Microsoft Power BI, Tableau, or Alteryx Designer Experience

• Basic understanding of the retail method of inventory accounting

• Retail Inventory experience

• CPA and/or MBA desired but not required

Full time

510 Volvo Parkway, Chesapeake, Virginia 23320

Accounting

Family Dollar