Sr Accountant - Inventory Process Optimization

Sr Accountant - Inventory Process Optimization

The Senior Accountant Inventory & Process Optimization is responsible for ensuring the accuracy and integrity of inventory and financial records across stores, distribution centers, and third-party logistics providers. This role requires strong collaboration with cross-functional teams and third-party inventory service providers to drive inventory control improvements, ensure compliance, and support accurate financial reporting. A key focus will be leading initiatives to streamline processes, mitigate shrink, and enhance overall inventory accuracy through continuous process improvements and analytics-driven insights.

Essential Duties and Responsibilities (Min 5%)

• Oversee inventory accounting activities, including reconciliation of perpetual inventory to general ledger across TSC stores, DCs, and third-party logistics (3PLs).
• Partner with third-party inventory service providers to manage and optimize the store-level physical inventory count process, including self-count programs.
• Develop, implement, and improve inventory control procedures and accounting processes to increase accuracy, efficiency, and compliance.
• Perform monthly close activities including journal entries, account reconciliations, and variance analysis tied to inventory reserves, shrink, and vendor compliance.
• Analyze inventory transactions and movement data to identify discrepancies, root causes, and opportunities for automation or policy refinement.
• Participate in the planning, testing, and implementation of system enhancements related to inventory (e.g., SAP, POS, WMS integrations).
• Prepare and review internal financial reports, metrics dashboards, and executive summaries. Respond to inquiries regarding data accuracy from operational, field, and SSC teams.
• Support SOX and audit compliance by reviewing and performing key inventory-related internal controls.
• Collaborate with internal stakeholders (Operations, IT, Merchandising, Finance) to support projects including new process rollouts, inventory reconciliation enhancements, and system upgrades.
• Lead or support cross-functional process improvement initiatives leveraging Lean principles or Six Sigma tools.

Required Qualifications

Bachelor's degree in Accounting, Finance, or related field required; CPA or MBA preferred.

Minimum 46 years of progressive accounting experience, preferably with a focus in inventory, cost accounting, or retail operations.

Experience working with or managing third-party inventory service providers preferred.

Experience with SAP, Business Objects, or other ERP / reporting tools preferred.

Preferred Knowledge, Skills or Abilities

Strong analytical and problem-solving skills with a continuous improvement mindset.

Proficient in Microsoft Excel and other Microsoft Office tools.

Excellent communication and interpersonal skills; ability to collaborate effectively across functions.

Demonstrated ability to manage multiple priorities in a fast-paced environment.

Understanding of internal control frameworks and SOX compliance.

Ability to travel occasionally as needed.

Working Conditions

Physical Requirements

Disclaimer

This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his / her supervisor.