Inventory Accountant, Senior Accountant

Inventory Accountant, Senior Accountant

Our client is seeking aSenior Accountant — Inventory Control based in Denver, Colorado.This role is responsible for maintaining the accuracy and integrity of inventory records while providing financial oversight of third-party logistics activity.

This position sits within the accounting group and partners closely with Operations, Distribution, FP&A, IT, and external partners. The role owns key inventory accounting processes, internal controls, and reporting, and plays an active role in strengthening data integrity, improving systems and workflows, and supporting strategic initiatives related to valuation and cost management.

This role is well suited for a professional with a strong analytical mindset and high attention to detail, who is fulfilled by identifying, investigating, and resolving discrepancies. Success requires excellent communication skills and the ability to work cross-functionally with Operations, Finance, and external partners to drive timely resolution and continuous improvement. Our ideal candidate will be excited to manage multiple priorities, meet deadlines, and operate effectively in a fast-paced environment while maintaining accuracy and accountability.

Role and Responsibilities of Inventory Accountant:

Accounting & Accuracy

• Own inventory accounting activities, including valuation, reconciliations, variance analysis, and month-end close.
• Ensure transactions (adjustments, transfers, returns, write-offs) are valid, supported, and accurately recorded.
• Perform regular reconciliations between NetSuite and 3PL data; investigate and resolve discrepancies in a timely manner.
• Monitor and validate product and landed costs through periodic review of BOM, freight, duties, tariffs, and consumption.

3PL Oversight & Controls

• Partner with Operations and Distribution to investigate shrink, receiving issues, and variances; drive root-cause analysis and corrective actions.
• Coordinate and oversee cycle counts and annual physical counts.
• Participate in quarterly business reviews with 3PL partners focused on accuracy, compliance, and continuous improvement.

Controls, Risk & Audit

• Own inventory-related internal controls, including documentation, testing, and periodic self-assessment.
• Identify control gaps and partner cross-functionally to strengthen inventory handling, costing, and reporting controls.
• Serve as a key accounting contact for financial and inventory-related audits; support audit requests and resolution of findings.
• Ensure compliance with GAAP and company inventory accounting policies.

Cost Accounting, COGS & Margin Analysis

• Ensure costs (freight, duties, tariffs, vendor costs, contract manufacturing costs) are accurately recorded and reflected in inventory and COGS.
• Analyze cost variances, margin impacts, and cost changes; communicate insights to Finance and Operations.
• Validate landed cost allocations and cost rollups to ensure proper capitalization.
• Partner with FP&A, Product, and Purchasing to assess cost changes and downstream financial impact.
• Support forecasting and budgeting by providing inventory and cost-related inputs.

Reporting, KPIs & Insights

• Define, monitor, and report key metrics (e.g., inventory accuracy, shrink, aged inventory, cycle count results, fulfillment error rates).
• Develop dashboards and reporting packages for accounting group and cross-functional partners on a regular basis.
• Identify trends, surface risks and opportunities, and recommend corrective action plans to improve financial and operational outcomes.

Systems, Process Improvement & Enablement

• Evaluate inventory workflows and partner with Operations and IT to improve data integrity and streamline processes.
• Serve as the accounting liaison for NetSuite enhancements, testing, and system changes impacting inventory.
• Develop, document, and maintain inventory accounting policies and procedures.
• Provide training and guidance to stakeholders on inventory-related processes and policy changes.

Qualifications

Must-Have

• 4+ years of progressive experience in inventory accounting, cost accounting, or supply chain finance with direct ownership of inventory valuation and reconciliations.
• Strong working knowledge of costing and valuation methods (Average Cost, Standard Cost, FIFO) and their application in a multi-SKU environment.
• Hands-on experience with NetSuite, including ownership of inventory-related workflows, reconciliations, and reporting.
• Advanced Microsoft Excel / Google Sheets proficiency used for complex reconciliations, variance analysis, and financial reporting.

Preferred

• Experience in apparel, retail, or similar environments with SKU complexity, seasonality, and landed cost considerations.
• Experience partnering with third-party logistics providers.
• Experience supporting financial or inventory-related audits.
• Experience driving or supporting inventory, control, or system process improvements.
• Experience using Power BI or similar business intelligence (reporting and dashboarding) tools.

Additional Information

Client is committed to providing fair and competitive compensation through a combination of base salary and performance-based bonuses. Other benefits include but are not limited to:

• Employer-paid medical coverage
• Employer-paid dental coverage
• Optional vision coverage
• Employer-paid life and AD&D insurance
• Employer-paid short-term & long-term disability coverage
• Affordable coverage for dependents and domestic partners
• Monthly hybrid-work stipend
• Professional development reimbursement program
• Annual performance bonus
• Unlimited PTO policy
• 11 company holidays
• Employee Assistance Program for mental health support
• Free workwear for you and discounts for friends and family!