Job Description
The Inventory Senior Associate is responsible for performing inventory accounting and controls across a global retail footprint (stores, eCommerce, distribution centers, and international entities). This role ensures accurate inventory valuation, shrink analysis, reserve methodology, and compliance with US GAAP/IFRS and SOX requirements. This position reports to the Inventory Manager located in NJ.
The position operates within a centralized Shared Services model, partnering closely with Merchandising, Supply Chain, Store Operations, and AP, Sales Audit and Accounting
Key Responsibilities
Inventory Accounting & Close
- Leading role in month-end close activities related to inventory (journal entries, reconciliations, flux analysis).
- Review inventory subledger to general ledger reconciliations.
- Oversee inventory reserves (shrink, obsolescence, RTV, markdown, returns).
- Ensure compliance with ASC 330 (Inventory) and ASC 606...
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