Staff Accountant - Inventory Accounting

Lids; Indianapolis (IN); On-site; USD 52,000 - 75,000; Full time

Benefits offered by this job

Comprehensive benefits package

Employer-paid benefits including life/

Employee discount

Ongoing development and training

Bonus eligibility

Job summary

Lids is seeking a Staff Accountant to help maintain accurate financial records and support the monthly close process. You will analyze transactions, reconcile accounts, and partner with multiple departments to ensure precise reporting.

The ideal candidate has 1–2 years of accounting experience, strong Excel skills, and a solid understanding of GAAP, with familiarity in D365. This onsite role offers a collaborative environment and growth opportunities.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• 1–2 years experience in accounting, finance, financial analysis, or related functions.
• Advanced Excel and financial reporting experience required.

Responsibilities

• Assist in monthly close, prepare and reconcile financial statements.
• Collaborate with Supply Chain, AR, Corporate Programs, and Treasury for month-end close data.
• Monitor and analyze inventory transactions and GAAP compliance.

Skills

Advanced Excel

GAAP knowledge

D365 familiarity

Cross-functional collaboration

Attention to detail

Education

Bachelor's degree in Accounting or Finance

Tools

D365 F&O

Job description

About Our Company

At Lids Sports Group, we don’t just sell hats — we fuel fandom. As the largest licensed sports retailer in North America, we bring sports, fashion, and culture together in more than 1,300 stores nationwide. Headquartered in Indianapolis, Indiana, Lids delivers premium, fan-driven products and unforgettable retail experiences.

Brief Description

Staff Accountant

About Our Company

At Lids Sports Group, we don’t just sell hats — we fuel fandom. As the largest licensed sports retailer in North America, we bring sports, fashion, and culture together in more than 1,300 stores nationwide. Headquartered in Indianapolis, Indiana, Lids delivers premium, fan-driven products and unforgettable retail experiences.

Our stores feature officially licensed headwear and apparel from collegiate and professional teams, alongside top brands like Champion, Nike, New Era, Lululemon Athletica, and Mitchell & Ness. We’re also the industry leader in on-demand customization, offering in-store embroidery that turns everyday gear into one-of-a-kind statements.

From specialty concept stores for the NBA and NHL, to iconic clubhouse destinations for the Yankees and Dodgers, we create immersive retail experiences that celebrate the teams fans love. Through collaborations with brands like Marvel, Peanuts, and The Walt Disney Company, Lids continues to redefine how fans represent their teams — in style.

Position Summary

The Staff Accountant plays a key role in maintaining the accuracy and integrity of the company's financial records and reporting processes. This position is responsible for recording, analyzing, and reconciling financial transactions while supporting the monthly close process, and ongoing financial analysis. The ideal candidate is highly detail-oriented, analytical, and collaborative, with the ability to partner across multiple departments to ensure accurate financial reporting and support informed business decision-making. This position reports directly to the Senior Manager, Inventory Accounting

Principal Duties and Responsibilities

• Assist in the preparation, analysis, and reconciliation of monthly financial statements to ensure accuracy and compliance with company policies.
• Partner with Supply Chain, Accounts Receivable, Corporate Programs, and Treasury teams to gather, validate, and record financial information critical to the month-end close process.
• Maintain and monitor inventory transactions that occur in the normal course of business.
• Strong understanding of GAAP and inventory accounting procedures involving SOX.
• Understanding or experience working with key financial modules within D365 F&O... AR, AP, GL, Inventory Management.
• Ability to analyze and investigate financial and inventory data within D365 F&O
• Prepare recurring and ad hoc reports on key business and financial performance metrics, identifying trends, variances, and opportunities for improvement.
• Analyze financial and operational data to provide actionable insights and support business decision-making.
• Perform account reconciliations and investigate variances to ensure the accuracy and completeness of financial records.
• Maintain strong cross-functional relationships and communicate effectively with employees and business partners at all levels of the organization.
• Support process improvement initiatives by identifying efficiencies and recommending enhancements to accounting and reporting procedures.
• Perform other duties and special projects as assigned.

Job Required Knowledge And Skills

• 1-2 years of experience in accounting, finance, financial analysis, or related business functions.
• Bachelor's level degree in Accounting or Finance.
• 1-2 years of experience supporting accounts receivable, accounts payable and retail inventory moement.
• Strong understanding of accounting principles and financial reporting concepts.
• Advanced proficiency in Microsoft Excel with the ability to organize, analyze, and interpret large datasets.
• Experience preparing, maintaining, and analyzing reports to support business and financial objectives.
• Strong analytical, problem-solving, and critical thinking skills with the ability to identify trends, investigate discrepancies, and recommend solutions.
• Exceptional attention to detail and commitment to maintaining accurate financial records.
• Ability to effectively prioritize workload, manage multiple deadlines, and work in a fast-paced environment.
• Strong organizational skills with the ability to handle competing priorities while maintaining a high level of accuracy
• Excellent verbal and written communication skills, with the ability to collaborate effectively across departments and levels of the organization.
• Demonstrated ability to work independently while also contributing to a collaborative team environment.
• Proficiency in Microsoft Office applications and financial/accounting systems.
• Experience with Microsoft Dynamics 365 (D365) is preferred.

Physical Demands & Requirements

• Ability to operate a computer and work with digital systems for extended periods.
• Ability to communicate verbally and visually with internal teams and stakeholders.
• Ability to work in an office or remote environment with frequent task deadlines.
• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. For inquiries related to reasonable accommodations, please contact [e-mail]

What We Offer

• Comprehensive medical, dental, and vision coverage
• Retirement plan with company match
• 100% employer-paid benefits, including short-term and long-term disability, life and AD&D insurance, and an Employee Assistance Program
• Paid Time Off
• Generous employee discount and exclusive perks
• Ongoing career development and professional training, including discounted secondary education and certification reimbursement
• A collaborative, innovative, and team-oriented work environment
• Early Wage Access options
• Bonus eligibility depending on position level

Work Environment

• Onsite office work environment.
• Standard business hours from 8 a.m. – 5 p.m.; flexibility may be available upon request.

Additional Information

Employment Requirements

Candidates must possess the experience, skills, physical abilities, and qualifications, with or without reasonable accommodation, to perform the essential duties of the role and must be able to meet all applicable employment standards. Being legally authorized to work in the United States is a pre-condition of employment for this position. Current or future employment-based visa sponsorship is not available for this role.

Equal Employment Opportunity

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

Notice to Applicants

In connection with your application, we collect information that identifies, reasonably relates to, or describes you (Personal Information). The categories of Personal Information we collect include your name, email address, mailing address, other contact information, employment history, and educational history. We collect and use this information for human resources and business management purposes, including identifying and evaluating candidates for employment or future contract opportunities, and maintaining recruiting and hiring records. Upon a conditional job offer, we may require additional Personal Information for business purposes and background checks as permitted by law, including but not limited to government-issued identification numbers, work authorization, emergency contact information, criminal record information, and demographic data used for analytics and compliance with applicable legal requirements and Company policies.

Need Accessibility Assistance?

Applicants who require accessibility assistance to submit an employment application may email [e-mail]. A member of our Talent team will respond as soon as reasonably possible. This email address is only for individuals seeking reasonable accommodation when applying for a career at Lids.