Senior Accountant - Inventory

Design Within Reach, Inc.; Stamford (CT); On-site; USD 80,000 - 110,000; Full time

Job summary

Design Within Reach is seeking an Inventory Senior Accountant to oversee inventory accounting across multiple brands and locations in the US. You will ensure accurate recording of inventory and COGS under GAAP, perform reconciliations, and support audits, while coordinating physical inventories and improving controls.

You will work with the Finance Manager and Controller, analyzing variances, preparing reports, and training teams on inventory processes to strengthen overall accounting controls

Qualifications

• BA/BS in Accounting, Finance or related field or equivalent experience.
• 3–5+ years of progressive accounting experience, including inventory.
• Strong knowledge of US GAAP and SOX controls.
• Ability to analyze financial information, investigate variances and resolve issues.
• Experience partnering with cross-functional stakeholders to resolve accounting or operational issues.
• Strong Excel skills, including PivotTables and lookups.
• NetSuite experience preferred.
• Retail industry experience preferred.
• Strong written and verbal communication skills.
• Ability to prioritize multiple responsibilities and meet deadlines in a fast-paced environment.

Responsibilities

• Own key elements of the monthly inventory accounting close, including reconciliations, journal entries and accruals for inventory, COGS, movements, shrinkage and goods in transit.
• Maintain SOX-compliant controls and processes for inventory and COGS; identify gaps and improve controls.
• Analyze inventory and COGS variances; investigate discrepancies with Finance Manager and Controller.
• Coordinate and support physical inventory across brands and locations; train staff on inventory reporting.
• Prepare and analyze on-hand inventory reports; lead process-improvement initiatives for inventory accounting.

Skills

Excel

PivotTables

Lookup functions

US GAAP

SOX controls

Accounting

Retail industry experience

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. 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.

MillerKnoll complies with applicable disability laws and makes reasonable accommodations for applicants and employees with disabilities.

MillerKnoll is a collective of design brands coming together to remake modern for the 21st century.

In general, MillerKnoll positions are closed within 45 days and are open for applications for a minimum of 5 days.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact MillerKnoll Talent Acquisition at [e-mail].