Senior Accountant - Inventory

Design Within Reach; Stamford (CT); On-site; USD 85,000 - 110,000; Full time

Job summary

Design Within Reach, Inc. is seeking an Inventory Senior Accountant to support and oversee inventory accounting across multiple brands and locations. You will ensure GAAP compliance, analyze variances, and strengthen controls with the Finance Manager and Controller.

The role involves coordinating counts across U.S. locations and maintaining accurate COGS reporting. You will collaborate with Finance and operations, train staff on inventory processes, and participate in audit requests while

Qualifications

• Strong knowledge of US GAAP and inventory accounting.
• Familiarity with SOX controls and internal controls.
• Experience in analyzing inventory variances and corrective actions.
• Proficiency with Excel and PivotTables.
• Experience partnering with cross-functional teams.

Responsibilities

• Own key elements of monthly inventory close, including reconciliations and journal entries.
• Maintain SOX-compliant controls and identify improvements.
• Analyze inventory and COGS variances and investigate root causes.
• Coordinate physical inventory counts across locations.
• Prepare on-hand inventory reports and train staff.
• Lead process-improvement initiatives in inventory accounting.

Skills

US GAAP

SOX controls

PivotTables

Analytical skills

Cross-functional

Education

BA/BS in Accounting or related field

Tools

NetSuite

Job description

Why join us?

At Design Within Reach, home comes first. We believe in creating and sourcing pieces that move with you and are meant to be enjoyed over a lifetime – from home to home, generation to generation. For us, that means exceptionally crafted, built-to-last, and beautifully designed furnishings.

Why join us?

At Design Within Reach, home comes first. We believe in creating and sourcing pieces that move with you and are meant to be enjoyed over a lifetime – from home to home, generation to generation. For us, that means exceptionally crafted, built-to-last, and beautifully designed furnishings.

Our purpose is design for the good of humankind. It’s the ideal we strive toward each day in everything we do. Being a part of Design Within Reach means being a part of something larger than your work team, or even your brand. We are redefining modern for the 21st century. And our success allows Design Within Reach to support causes that align with our values, so we can build a more sustainable, equitable, and beautiful future for everyone.

POSITION PROFILE

Design Within Reach is looking for an Inventory Senior Accountant to join our team. You’ll independently support and oversee key inventory accounting activities across multiple brands and locations, ensuring the accuracy and integrity of inventory and cost of goods sold financial results. You’ll be responsible for the accurate recording of financial transactions in accordance with GAAP, including preparation and analysis of financial information and reports, reconciliation of general ledger accounts, and maintenance of subsidiary ledgers.

You will analyze inventory results and variances, identify issues and trends, recommend corrective actions, and partner with Finance Manager and Controller to strengthen inventory accounting processes and controls. You will support inventory counts across our US fleet of HM, DWR, Knoll, Outlet and warehouse locations and report to the Inventory Accounting Manager.

Financial Controls and Accounting

• Own key elements of the monthly inventory accounting close process, including reconciliations, journal entries and accruals for inventory, COGS, inventory movements, shrinkage and goods in transit.
• Maintain SOX-compliant controls and processes for inventory and COGS, identify control gaps and recommend process or control improvements.
• Analyze inventory and COGS variances, investigate discrepancies and partner with Finance Manager and Controller to resolve root causes.
• Review account activity for accuracy, completeness and compliance with US GAAP and established accounting policies.
• Research and resolve moderately complex inventory accounting issues, escalating significant or unusual matters as appropriate.
• Support internal and external audit requests related to inventory accounting and controls.
• Cross-train in other general ledger and accounts payable functions and serve as a resource to team members on inventory accounting processes.

Inventory Operations

• Coordinate and support physical inventory activities across multiple brands and locations, partnering with local teams to ensure adherence to established procedures and controls.
• Prepare and analyze on-hand inventory reports and train employees on their effective use.
• Perform and analyze the results of weekly cycle counts, investigating variances and identifying recurring issues or trends.
• Train studio employees on physical inventory processes and provide guidance on inventory accounting and control requirements.
• Prepare and maintain inventory scheduling and training resources through Teams channels.
• Partner with Finance and operational stakeholders to identify opportunities to improve inventory accuracy, processes and financial controls.
• Lead or participate in inventory accounting process-improvement initiatives and system enhancements.

Qualifications

• BA/BS degree in Accounting, Finance or related field, or equivalent relevant experience.
• 3–5+ years of progressive accounting experience, including inventory or related accounting experience.
• Strong knowledge of US GAAP, inventory accounting and SOX controls.
• Demonstrated ability to independently analyze financial information, investigate variances and resolve accounting issues.
• Ability to exercise judgment within established accounting policies and identify when issues require escalation.
• Experience partnering with cross-functional stakeholders to resolve accounting or operational issues.
• Strong Excel skills, including PivotTables and lookup functionality.
• NetSuite experience highly preferred.
• Retail industry experience preferred.
• Strong written and verbal communication skills.
• Ability to prioritize multiple responsibilities and meet deadlines in a fast-paced environment.
• Demonstrated initiative and ability to work independently with limited day-to-day direction.

Who We Hire?

Simply put, we hire qualified applicants representing a wide range of backgrounds and abilities.

Design Within Reach is comprised of people of all abilities, gender identities and expressions, ages, ethnicities, sexual orientations, veterans from every branch of military service, and more.

Here, you can bring your whole self to work.

We’re committed to equal opportunity employment, including veterans and people with disabilities.

This organization participates in E-Verify Employment Eligibility Verification.