Senior Inventory Accounting Analyst

Covenant HR LLC; United States; Remote; USD 90,000 - 125,000; Full time

Job summary

Covenant HR LLC is seeking a Senior Inventory Accounting Analyst for a remote US-based role. The candidate will own complex inventory accounting across multiple models, perform reconciliations and month-end close, and drive process improvements with automation and AI tools.

The ideal candidate has 4–7 years in inventory accounting, strong Excel skills, and experience with NetSuite (or SAP/Oracle). Collaboration with Finance, Supply Chain, and IT is essential for scalable controls.

Qualifications

• Approximately 4–7 years of inventory accounting or related experience.
• Bachelor’s degree in Accounting, Finance, or related field, or equivalent professional experience.
• Strong Excel and data analysis skills; ERP experience (NetSuite preferred; SAP/Oracle also relevant).
• Experience with SBT, consignment, virtual and in-transit inventory models.
• Ability to drive automation and AI-enabled improvements; mentor junior analysts.

Responsibilities

• Own complex inventory accounting activities across multiple models (SBT, consignment, warehouse, virtual, in-transit).
• Prepare monthly reconciliations, roll-forwards, capitalized freight schedules, and month-end close deliverables.
• Analyze inventory shrink, reserves, discrepancies, and corrective actions to improve accuracy.
• Perform valuation and costing analyses for accurate financial reporting and controls.
• Analyze large datasets to identify trends, anomalies, and opportunities to optimize inventory management.
• Coordinate third-party physical counts and resolve discrepancies with operations.
• Collaborate with Finance, Supply Chain, Operations, IT, and external providers.
• Provide guidance to junior staff and support reconciliation reviews.
• Identify and implement automation and AI-driven improvements to scale processes.

Skills

Inventory accounting

SBT & consignment

Excel data analysis

ERP experience

Tableau

Month-end close

Inventory reconciliations

Process improvement

Automation

Mentoring

AI in accounting

Education

Bachelor’s degree in Accounting/Finance

Tools

NetSuite

SAP

Oracle

Job description

Company - Our client is a leading North American retail merchandising and distribution organization specializing in innovative product solutions, supply chain services, and in-store retail execution. With an extensive national footprint and a strong focus on technology-driven growth, the company offers an exciting opportunity to contribute to a rapidly expanding business.

Job Title - Senior Inventory Accounting Analyst

Location - Remote (United States)

Role Type - Direct Hire

Must Have Skills:

• Strong experience with complex inventory accounting, including Scan-Based Trading (SBT), consignment, virtual inventory, and in-transit inventory models.
• Proven expertise in inventory shrink analysis, reserve calculations, inventory roll-forwards, discrepancy investigations, and root-cause analysis.
• Advanced Excel skills and experience analyzing high-volume inventory transactions and large datasets. Strong ERP experience required, preferably NetSuite (SAP or Oracle also relevant). Tableau experience is a plus.
• Hands-on experience with inventory reconciliations, month-end close, capitalized freight, inventory costing, physical inventory counts, and valuation analysis.
• Demonstrated ability to independently own complex inventory accounting processes, mentor junior analysts, and drive process improvements through automation and emerging AI technologies.

Responsibilities and Job Details:

• Own complex inventory accounting activities across multiple inventory models, including SBT, consignment, warehouse, virtual, and in-transit inventory.
• Prepare and review monthly inventory reconciliations, inventory roll-forwards, capitalized freight schedules, and month-end close deliverables.
• Analyze inventory shrink, calculate quarterly inventory reserves, investigate discrepancies, and recommend corrective actions to improve inventory accuracy.
• Perform detailed inventory valuation and costing analyses, ensuring accurate financial reporting and adherence to accounting controls.
• Analyze large transactional datasets to identify trends, anomalies, operational inefficiencies, and opportunities to strengthen inventory management.
• Coordinate third-party physical inventory counts, reconcile count discrepancies, and partner with operations teams to resolve inventory variances.
• Collaborate cross-functionally with Finance, Supply Chain, Operations, IT, warehouse personnel, and external service providers.
• Provide analytical guidance, work direction, and reconciliation review support to junior inventory accounting team members.
• Identify and implement process improvements using automation, AI-enabled tools, and enhanced reporting capabilities to improve accuracy and scalability.
• Support significant business expansion by strengthening inventory controls and developing efficient accounting processes that can scale with increasing transaction volumes.
• Bring approximately 4–7 years of relevant experience in inventory accounting, inventory control, financial analysis, supply chain analysis, or a related discipline.
• Bachelor's degree in Accounting, Finance, Business Administration, Supply Chain, Operations, Analytics, or a related field, or equivalent professional experience. Occasional travel may be required.