Sr. Financial Analyst I - Inventory Control Finance

Burlington Coat Factory Whse. Corp.; New Jersey; On-site; USD 65,000 - 80,000; Full time

Benefits offered by this job

Medical/Dental/Vision coverage

401(k)

Paid time off

Paid holidays

Associate discount

Professional development

Job summary

Burlington Coat Factory Whse. Corp. in New Jersey is seeking a finance-driven Inventory Control Analyst to support daily and monthly accounting operations within the Inventory Control Department.

You will develop value-added reporting, KPI dashboards, and perform inventory valuation, margin and cost analyses while partnering with IT, Loss Prevention, Merchandising and Finance to improve stock accuracy. Requires 2–4 years of related experience, a four-year accounting/finance degree (CPA/CMA/MBA a

Qualifications

• Must have a four-year accounting/finance degree with strong data analytics skills.
• CPA/CMA/MBA a plus for career advancement.
• Advanced Excel, Power BI, and PowerPoint skills are required.

Responsibilities

• Support daily and monthly financial/operational analytical needs of the Inventory Control Department.
• Maintain accuracy of stock ledger and related controls; perform inventory valuation and margin analysis.
• Coordinate with auditors for SOX compliance and assist in audits and quarterly financial statements.

Skills

Data analytics

Analytical/problem solving

Cross-functional collaboration

Communication

Stakeholder management

Education

Four-year accounting/finance degree

CPA/CMA/MBA a plus

Tools

Excel

Power BI

PowerPoint

Job description

Position Overview

• This position requires a highly motivated candidate with strong analytical, process management, quantitative, and technical skills to aid in the department’s objectives.
• Responsible for the daily and monthly financial / operational analytical support of accounting operations as it relates to the Inventory Control Department, as well as being a liaison to all operational and corporate departments.
• Support an accurate and timely monthly close process, forecast, reporting, business objectives, strategic goals and initiatives.
• Maintain accuracy of all stock ledger/inventory data, its updates and all related controls.
• Perform Merchandise Inventory Valuation, Gross Margin and Cost Analysis.
• Assist Loss Prevention and Store Operations in coordination of physical inventories across the organization’s Distribution Centers and Stores.
• Coordination with internal and external auditors for periodic reviews and SOX compliance, support all corporate, store and DC inventory flows and initiatives.
• Assist in the preparation of client assistance deliverables for quarterly and annual financial statement audits, as well as in other special projects.

A Day in the Life

• Develop and maintain partner relationships with business units and corporate stakeholders (IT, Shortage Control, Asset Protection, Merchandising, Finance, DC, Logistics, etc.)
• Seek out process efficiencies and improvements
• Create Value-added reporting including KPI’s and Monthly Reporting Metrics
• Demonstrate a good understanding and knowledge of accounting principles and internal controls and apply them to daily functions
• Collaboratively work with other business partners
• Responsible for timely and accurate financial close responsibilities, including inventory valuation, margin analysis, general ledger reconciliation and recording of inventory transfers and receipts
• Ensure completeness and accuracy of inventory transactions for Stores, DC’s and fulfillment operations (includes sales, markdowns, transfers, claims, receipts, shipments, and adjustments)
• Assist in Physical Inventory Reconciliations and analysis in addition to coordinate timing, execution and reporting of physical inventory as required.
• Provide shrink reporting for business units as required
• Ensure compliance with existing and develop/document new policies and procedures governing stock ledger maintenance and control.
• Partner with Corporate Finance to ensure that policies are in accordance with internal accounting practices and GAAP.
• Work closely with internal and external auditors as needed to satisfy audit review requirements and Sarbanes Oxley compliance.

Education and Qualifications

• Education: Four-year accounting/finance degree required, CPA, CMA, or MBA a plus.
• Licenses/Certification/Registration: N/A
• Experience: 2-4 years related work experience.
• Inventory / accounting background, concentration in data analytics and reporting.
• Retail experience preferred.

Skills and Abilities

• Excellent analytical, problem solving and organizational skills.
• Passion for data, analytics and pushing business innovation.
• Demonstrated understanding of the inventory flow and inventory accounting policies.
• Skilled at financial analysis, recognizing trends and communicating results.
• Excellent written and verbal communication with emphasis on strong interpersonal skills.
• Experience working with multiple levels of management and in cross-functional environments.
• Proven ability to work both independently and cross-functionally to drive projects to completion.
• Ability to adapt to changing business environment Ability to manage multiple projects simultaneously
• Advanced Excel skills.
• Strong PowerPoint skills.
• Power BI Skills.

Benefits

• Come join our team.
• You’re going to like it here!
• You will enjoy competitive wages, flexible hours, and an associate discount.
• Burlington’s benefits package includes medical, dental and vision coverage including life and disability insurance.
• Full-time associates are also eligible for paid time off, paid holidays and a 401(k) plan.
• We are a rapidly growing brand and provide a variety of training and development opportunities so our associates can grow with us.
• Our teams work hard and have fun together!
• Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day.
• Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity Individual pay decisions will be based on a variety of factors, such as but not limited to, qualifications, education, job-related skills, relevant experience, and geographic location.
• Compensation Range: $65,000.00 - $80,000.00

About Us

For over half a century, Burlington have been delivering value to our customers, associates and our communities. With our every day low prices on top brand name merchandise for the entire family and home, combined with our dedication to our thousands of associates nationwide and our ability to make an impact in the communities where we live and work, Burlington is proud to be an award-winning off-price retailer.

Visit BurlingtonStores.Jobs for a full listing of our available jobs.