Accountant Inventory Control

Serving the needs of all families with young childrenCarters Inc. is the largest North American apparel retailer exclusively for babies and young children encompassing Carters OshKosh Bgosh Skip*Hop and Little Planet brands. Meaningful work constant learning genuine people and a community guided by core values that promote inclusion and innovation is in everything we do. There are many reasons to build your career at Carters.

HOW YOULL MAKE AN IMPACT:
The Accountant Inventory Control is responsible for the US Retail (eCommerce & stores) Inventory financial close. This individual owns the validation posting and reporting of US Retail inventory. The Accountant Inventory Control is also responsible for ensuring high inventory accuracy by budgeting forecasting and analyzing data understanding gaps and developing insights. This individual supports the interim and annual Retail store physical inventories and partners crossfunctionally to support the business and ensure a sound control environment. This role reports to the Supervisor Global Inventory and is based in our Buckhead office in our hybrid work environment.

60: Accounting & Controls
Validate analyze and review US Retail inventory perpetual inventory processes and transactions including but not limited to receipts transfers inventory adjustments shrink and stock ledger COGS.
Prepare validate and post all inventory journal entries.
Ensure all inventory adjustments are booked according to Company policy GAAP and recognized in the correct period.
Prepare lower of cost or market quarterly calculations and analysis. Partner with Retail Planning team to understand current business and validate calculations.
Ensure intercompany transactions are appropriately recorded monthly inclusive of variance analysis between Wholesale and Retail Operations.
Prepare financial monthend onhand inventory reconciliations for 700 retail stores.
Prepare monthend shrink reserve analysis by store.
Prepare balance sheet account reconciliations for all retail inventory accounts.
Prepare Retail Inventory rollforwards by standard business unit and brand.
Ensure closing calendar timelines are met for all tasks effectively communicating any issues.
Review vendor payments for shipments made direct to retail stores and prepare month end journal entries for outstanding amounts.
Maintain store master data including attributes open/close/comp dates store format etc.
Partner closely with IT business partners to coordinate and implement finance system initiatives to meet business needs. Ensure all inventory systems process inventory transactions properly and are in balance.
Ownership of internal controls related to retail inventory.
Ensure units and costs within the inventory system are in agreement with source systems i.e. Omnia Sterling OMS and Sales Audit.
Provide support to internal and external audit groups during financial and SOX audits.
Partner with the business to streamline processes and increase financial controls to ensure financial integrity.

15: Budgeting Forecasting & Analysis
Support the annual budget for retail store inventory expenses.
Continually monitor monthly results vs. budget/forecast and review variance. Provide risks and opportunities to financial planning team weekly.
Provide explanations for significant variances to budget/forecast on a monthly quarterly and annual basis.
Responsible for quarterly retail inventory reserve reporting package.
Develop and implement recommendations for improvement based on factbased analytics.
Prepare ad hoc analysis for management.

15: Physical Inventory
Support the interim and annual physical inventory count processes; coordinate and communicate with the Retail teams and the thirdparty technology provider to ensure accuracy of count processes.
Prepare reconciliations and analysis of physical inventory count processes (e.g. actual vs. budget highest shrink volume UPCs store shrink ratings etc.
Develop recommendations for enhancing controls around shrink.

10: Cross Functional Collaboration & Partnership
Significant partnership with IT Planning & Allocations Operations OmniChannel FP&A Asset Protection and Sales Audit.
Liaison with our inventory software provider.
Support teams with inventory accounting treatment/impact.

WED LOVE TO HEAR FROM YOU IF:
Must have:

Bachelors degree from accredited 4year institution required in Accounting or Finance.
Strong knowledge of Generally Accepted Accounting Principles (GAAP).
Highly analytical with proven ability to proactively leverage data to improve business operations.
Strong critical thinking skills including decision making time management and task prioritization.
Detail oriented able to work independently or within a team environment.
Ability to adapt to changes in a fastpaced environment with changing priorities; time management and task prioritization are key.
Builds strong working relationships with internal and external partners and cross functional teams.
Provides high quality support to internal and external customers through correct and clear communication.
Intermediate Excel skills.

Preferred skills and experience:
Retail store experience.
Exhibits strong communication skills verbal and written.
Initiates follow up on issues through the resolution stage.
Strong documentation skills.
Demonstrates dependability and positive attitude.
Experience working in reporting systems and ability to learn new systems as needed.
Retail/wholesale inventory experience preferred.

OUR TEAM MEMBERS:

Lead Courageously: Have a strong sense of personal values that align with our Company values
Collaborates Broadly: Build cooperation trust and thrive in a consensus driven environment
Customer Focus: Proactively seek opportunities to leverage data and factbased insights to serve customers and/or internal clients
Drive Growth: Set aggressive goals and implement plans precisely
Cultivates Innovation: Respectfully challenge the weve always done it this way mentality and explore new ways to achieve desired outcomes

MAKE A CAREER AT CARTERS:
Career Development: Success starts from within and we have several paths from which you can choose to enhance your career evolution. From Carters University to Toastmasters to mentorship programs and more we encourage you to utilize these tools to elevate your professional prowess.

NOTE: This job description is not intended to be allinclusive. The duties described may be changed or reassigned at the discretion of management and the employee may be required to perform duties that are not listed in the job description.

Carters is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion gender gender identity sexual orientation national origin genetics disability age veteran status or any other status protected by federal state or local law.