Senior Inventory Accounting Manager

rag & bone; United States; On-site; USD 110,000 - 125,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Student loan assistance

Pension plan

Paid paternity leave

Tuition assistance

Job summary

A well-known fashion label is seeking a Mid-Senior Level position in Accounting. The role involves managing inventory controls and requires 5-7 years of relevant experience in the retail/wholesale sector. Ideal candidates will have a strong foundation in standard cost accounting and excellent analytical abilities. Benefits include medical and vision insurance, a 401(k) plan, and tuition assistance.

Qualifications

• 5-7 years of experience in managing inventory with standard cost accounting experience.
• Experience with standard costing and managing variances.
• Retail/wholesale industry experience is a plus.

Responsibilities

• Responsible for daily reconciliation of the Company’s inventory.
• Conduct wholesale sales and margin analysis.
• Oversee annual physical inventory counts.

Skills

Inventory control experience

Strong analytical skills

Proficiency in Excel

Strong verbal and written communication skills

Education

BS in Accounting

Tools

Microsoft Dynamics

Job description

This range is provided by rag & bone. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$110,000.00/yr - $125,000.00/yr

About rag & bone

From our origins in New York in 2002, rag & bone was founded on a belief of uncompromising ideals: a commitment to doing things the right way, not the easy way. To making things that are as original as they are timeless. To being true to ourselves, even when that truth sets us apart from the mainstream.

We still believe in the same principles we started with: the easy elegance of classic British tailoring, the authenticity of American workwear, and the originality of our home city, New York. As New Yorkers, community and authenticity have become synonymous with our brand. An inclusive environment at rag & bone upholds our original values by encouraging employee connection and empowering each individual to have a voice on policy, process, and collaboration for a more equitable future.

Summary

This position offers an opportunity to work in a fast-paced and dynamic work environment for a fashion label in the retail industry. The successful candidate must have a deep understanding of inventory controls, experienced reconciling inventory in a retail / omni-channel environment, and have a comprehensive understanding of standard cost systems, along with strong inter-personal skills.

Primary Responsibilities

• Responsible for daily and monthly reconciliation and oversight of the Company’s inventory sub-ledger (ERP) to 3PL’s and store inventory for its retail and wholesale business.
• Responsible for wholesale sales and margin analysis
• Help drive balance sheet reconciliations and process improvements
• Identify, analyze and communicate root cause of variances, establishing inventory controls, and making required adjustments, as needed working with retail operations team and logistics
• Maintain cost accounting system including updating of standards, working with product development team
• Develop inventory analysis reporting and analyze variances from standard
• Oversee annual physical inventory counts

Knowledge, Skills and Abilities

• Inventory control experience
• Experience with inventory standard costing, including managing and accounting for standard costs, and analysis of variances
• Good working knowledge of first-in, first-out inventory accounting, including capitalization and expensing of cost variances i.e. purchase price, freight, and duty variances
• Results orientated, flexible, resourceful and self-motivated
• Detail oriented, accurate, well organized and able to prioritize
• Strong analytical skills and initiative
• Strong verbal and written communication skills
• Strong time-management skills and ability to adhere to month-end close timelines
• Ability to work independently and provide solutions to questions
• Proficiency in Excel and inventory general ledger applications
• Demonstrated curiosity about what is happening in the business and why.

Education and Experience

• 5- 7 years of experience in managing inventory with standard cost accounting experience
• Microsoft Dynamics preferred, but not required
• Retail / wholesale industry experience a plus
• BS in Accounting

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Accounting/Auditing and Finance

Industries

Retail Apparel and Fashion

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Benefits

• Medical insurance
• Vision insurance
• 401(k)
• Paid maternity leave
• Student loan assistance
• Pension plan
• Paid paternity leave
• Tuition assistance