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Inventory Accountant & Analysis

Banner Solutions

Grand Prairie (TX)

On-site

USD 82,000 - 116,000

Full time

8 days ago

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Job summary

A growing company in door hardware distribution seeks an Inventory Accountant to oversee financial operations within a complex multi-distribution center environment. The role involves maintaining accounting accuracy for inventory, leading budgeting processes, ensuring compliance, and enhancing operational efficiencies. Ideal candidates will possess significant financial management experience and excel in a fast-paced environment, capitalizing on growth opportunities offered by the company.

Benefits

Ownership shares in the company
401K match
Unlimited PTO
Employee Discounts
Health, dental and vision insurance

Qualifications

  • 5+ years of financial management experience, preferably in distribution.
  • Strong knowledge of financial reporting and cost accounting required.
  • Ability to thrive in a fast-paced, high-volume environment.

Responsibilities

  • Maintain accurate accounting of inventory across distribution centers.
  • Lead budgeting and forecasting processes for the distribution center.
  • Ensure compliance with accounting standards and conduct audits.

Skills

Financial reporting
Cost accounting
Analytical skills
Problem-solving
Decision-making
Leadership

Education

Bachelor’s degree in Finance or Accounting
MBA or CPA preferred

Tools

ERP systems (SAP, Oracle, AS400)
Microsoft Excel

Job description

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At Banner Solutions, every teammate is an owner.

Banner Solutions is more than a typical door hardware distributor – we’re obsessed with making our customers’ jobs easier through inventory availability, product findability, and top-tier customer support.

We are Securing Every Doorway and Beyond with Trusted Solutions.

Our expertise spans commercial, electronic access control, residential hardware, and locksmith supplies, supported by an industry leading e-commerce platform featuring products from over 260 manufacturers. Banner Solutions aims to simplify and enhance customer experiences through efficient processes and personalized service, setting new standards in the industry.

We are entering an exciting phase of growth and expansion supported by significant investments!

Job Description

Inventory Accounting Oversight

  • Maintain accurate and timely accounting of inventory in a complex multi-distribution center operation.
  • Reconcile inventory balances between ERP systems, physical stock, and financial statements.
  • Prepare and review monthly inventory-related journal entries, accruals, and adjustments.
  • Oversee all financial operations within the distribution center, including budgeting, forecasting, and cost control.
  • Prepare and analyze financial reports, providing insights on key performance indicators (KPIs) and cost trends.
  • Ensure compliance with accounting standards, corporate policies, and financial regulations.
  • Monitor and manage inventory accounting, cost allocations, and financial reconciliations.

Operational Efficiency & Cost Control

  • Partner with operations leadership to identify cost-saving opportunities and drive process improvements.
  • Analyze labor costs, transportation expenses, and warehouse operational expenditures.
  • Develop strategies to enhance productivity while maintaining financial controls.

Budgeting & Forecasting

  • Lead annual budgeting and periodic forecasting processes for the distribution center.
  • Track actual financial performance against budget and provide variance analysis.
  • Support strategic decision-making by providing financial modeling and scenario planning.

Compliance & Internal Controls

  • Ensure proper financial controls are in place to mitigate risks and prevent financial discrepancies.
  • Conduct audits and process reviews to enhance financial integrity.
  • Work closely with external auditors and compliance teams to support financial reviews. Stakeholder Collaboration
  • Collaborate with supply chain, logistics, and warehouse teams to align financial goals with operational strategies.
  • Act as the financial liaison between the distribution center and corporate finance teams.
  • Present financial insights to senior management and recommend actions for business growth.

Qualifications

  • Bachelor’s degree in finance, Accounting, Business Administration, or a related field (MBA or CPA preferred).
  • 5+ years of financial management experience, preferably in distribution, logistics, or supply chain industries.
  • Strong knowledge of financial reporting, cost accounting, and operational finance.
  • Proficiency in financial software, ERP systems (SAP, Oracle, AS400 or similar), and Microsoft Excel.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication and leadership abilities to work across cross-functional teams.
  • Ability to thrive in a fast-paced, high-volume environment.

Banner Solutions is a great fit if

  • You value teamwork and are interested in helping to build an evolving high-growth company
  • You have a “roll up your sleeves” work hard play hard mentality
  • You value making a difference in the world and participating in something larger than oneself
  • You want to work with top quality leaders

What You’ll Gain by joining Banner

  • Ownership shares in the company
  • 401K match
  • Unlimited PTO
  • Employee Discounts through our partners
  • Health, dental and vision insurance coverage

We foster an inclusive and supportive team culture that values diversity and collaboration and therefore encourage qualified candidates with relevant experience to apply, even if they do not meet all the listed qualifications.

Seniority level
  • Seniority level
    Associate
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Accounting/Auditing
  • Industries
    Wholesale Building Materials and Venture Capital and Private Equity Principals

Referrals increase your chances of interviewing at Banner Solutions by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

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