Grocery Outlet

Sr. Inventory Accountant

Grocery Outlet  •  Emeryville, CA (Onsite)  •  1 hour ago
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Job Description

About the team:

Our Finance team’s mission is to drive efficiency as we support our company and business partners. We analyze data, create records and reports, and make key strategic decisions to keep the business running. Our passion and energy promote a creative and growth-oriented environment. The members of our team are resourceful, critical thinkers that pride themselves on integrity and efficiency.

About the role:

The Senior Inventory Accountant's primary focus is to ensure the accuracy of company’s inventory. This role will perform and review reconciliation of store inventories across our stores. The Inventory Accounting team works closely with our auditors, warehouse teams and our Independent Operators to ensure that our inventories are accurate. The ideal candidate will have a solid finance/accounting background, in-depth knowledge of accounting principles, strong analytical, detail-oriented, and problem-solving skills, and ideally a good understanding of retail business. Exceptional organizational skills are a must to meet tight deadlines of this role. This role reports to the Director - Accounting.

Responsibilities Include:

  • Reconciling retail store inventories across our stores.
  • Prepare and/or review the retail store inventories reconciliations across our stores.
  • Assist in providing requested deliverables to the internal and external auditors in conjunction with quarter review and year-end audit processes.
  • Understand the daily activities of the department and aid in coordinating and managing the period end close process to ensure daily and period goals and deadlines are met.
  • Perform variance analysis for assigned areas of responsibility and partners with corporate department leaders and other company personnel to ensure variances are adequately explained.
  • Perform month-end close activities including preparation of journal entries, reconciliations, and reports related to retail inventories.
  • Perform account analysis on general ledger detail and prepare journal entries based on this analysis.
  • Process certain manual inventory transfer transactions in the inventory system.
  • Monitor and improve accounting and reporting processes.
  • Prepares expense accruals, reconciliation and explain fluctuations.

About The Pay:

  • Base Salary Range: $35 - $40 Hourly
  • 401(k) Profit Sharing.
  • Medical, Dental, Vision & More!
  • Final compensation will be determined based upon experience and skills and may vary based on location.

About you:

  • Bachelor’s degree in accounting/finance is required.
  • Strong Microsoft Office/Excel skills and experience with an ERP system required (Oracle or SAP).
  • Demonstrated analytical and problem-solving skills.
  • Professional Attributes/Work Ethic: strong communication skills (Oral and Written), detail-oriented, organized, collaborative, innovative, self-motivated, decisive, accountable, and committed to excellence and high standards.
  • May be required to work overtime on occasion.

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Grocery Outlet

About Grocery Outlet

Grocery Outlet Inc. (www.groceryoutlet.com) is the leading extreme value retailer in the United States, serving bargain seeking customers since 1946. Publicly held, Grocery Outlet employs 1000 people across the US. Headquartered in Emeryville, California, Grocery Outlet has been family oriented for over 75 years and has a rich history of putting customers and employees first.

The Grocery Outlet Bargain Market brand currently includes over 480 + independently operated stores in California, Delaware, Nevada, Ohio, Oregon, Idaho, Washington, New Jersey, Maryland and Pennsylvania. With our broad appeal, Grocery Outlets are located in large and small cities and in a variety of neighborhoods. The premise is simple: offer quality brand name products with savings of 40% to 60% below traditional retailers and sell them with a 100% satisfaction guarantee. The product selection consists of frozen foods, refrigerated products, produce, fresh meat, general merchandise, health & beauty, natural and organic foods and beer & wine. Customers know they will find value in every visit as inventory turns continually creating a “treasure hunt” shopping experience. Grocery Outlet’s world class buying team is known for cultivating a culture of collaborative relationships with the over 2,500 supplier partners we deal with.

Industry
Retail & Ecommerce
Company Size
5,001-10,000 employees
Headquarters
Emeryville, California
Year Founded
1946
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