Senior Inventory Accountant

Hot Topic, Inc.; California; On-site; USD 75,000 - 85,000; Full time

Job summary

Hot Topic, Inc. is seeking a detail-driven Senior Inventory Accountant to join our fast-paced retail finance team in City of Industry, CA. The role focuses on accurate inventory valuation, COGS, stock ledger integrity, and reporting to support profitable operations.

The ideal candidate has 5+ years of inventory or cost accounting experience in retail, solid GAAP knowledge, and strong Excel skills. On-site work three days a week; sponsorship is not available at this time.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5+ years of inventory or cost accounting experience in retail or wholesale.
• Solid understanding of GAAP and internal controls.
• Proficiency with ERP/accounting systems (Oracle Fusion preferred).
• Advanced Excel skills with large data sets.
• Attention to detail and strong organizational skills.
• Excellent communication and collaboration abilities.

Responsibilities

• Prepare month-end journal entries such as freight, inventory shrink reserves, accruals, reclasses and amortizations in line with GAAP.
• Prepare month-end account reconciliations.
• Provide inventory and COGS variance analyses, and forecast vs. prior year trends.
• Research and resolve stock ledger and inventory discrepancies with IT and warehouse teams.
• Perform quarterly audits of e-comm orders in local stores.
• Assist in reconciling and reporting semi-annual physical inventory across stores, DCs, and online.
• Collaborate with auditors to ensure compliant audit results.
• Continuously improve inventory accounting processes for speed and accuracy.
• Support inventory team during peak periods.
• Perform ad hoc analyses and reporting as needed.

Skills

Inventory accounting

GAAP knowledge

Advanced Excel

Attention to detail

Communication & collaboration

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Oracle Fusion

Oracle Retail Management

Job description

We're a fast-paced retail company with a sharp eye for growth, great customer experience, and data-driven decision making. Our stores (and online presence) are thriving, and we're looking for a detail-driven Senior Inventory Accountant to help account for our inventory.

The Senior Inventory Accountant is the backbone of our inventory financial operations - ensuring accuracy in inventory valuation, COGS, stock ledger integrity, and reporting. You'll work closely with the merchandising, logistics, IT, and finance teams to keep inventory accurate and the business running smoothly and profitably.

This position will require being onsite at our City of Industry, CA office three (3) days a week.

Pay range:

$75,000 - $85,000 a year

Please note the pay range for this position starts as listed in the job posting, but other factors such as an individual's education, location, meeting the minimum job requirements for the role, training and experience, will determine the final salary for potential new hires. At this time, we are not able to support new employment-based visa sponsorships due to current business needs and resource limitations. Should our sponsorship capabilities change in the future, we will update our process accordingly.

WHAT YOU WILL DO:

• Prepare month-end journal entries such as domestic/international freight, material allowances, inventory shrink reserves, accruals, reclasses and amortizations in compliance with company policies and GAAP
• Prepare month-end account reconciliations
• Provide insightful inventory and COGS variance analyses, analyzing forecast and prior year trends
• Research and resolve all stock ledger and inventory discrepancies by coordinating with IT, warehouse, and other system owners
• Perform quarterly audits of e-comm orders in local stores
• Assist in the reconciliation and reporting of the semi-annual physical inventory for the stores, DCs and Internet, through activities such as researching discrepancies, following up with the cross-functional partners, and reporting results
• Collaborate with external and internal auditors to ensure successful audit results and compliance for areas of responsibility
• Continuously improve processes to make inventory accounting faster, smarter, and cleaner
• Support other inventory team members during peak periods
• Perform ad hoc analyses and reporting, as needed

WHAT YOU WILL NEED:

• Bachelor's degree in Accounting, Finance, or related field
• 5+ years of inventory or cost accounting experience (retail or wholesale industry experience preferred)
• Solid understanding of GAAP and internal controls for related areas
• Proficiency with ERP/accounting systems (Oracle Fusion preferred)
• Working knowledge of stock ledger and reconciling to GL (Oracle Retail Management experience a plus)
• Advanced Excel skills and comfort working with large data sets; AI experience a plus
• Exceptional attention to detail and organizational skills
• Strong communication and collaboration abilities
• Meets deadlines, prioritizes appropriately, shift gears comfortably with change, and maintains composure under pressure.
• Is accountable for results, approaches obstacles proactively and looks for ways to resolve problems and issues
• A curious and critical mindset, able to challenge the status quo
• A genuine passion for retail and the ever-evolving customer landscape