Perform monthly journal entries and account reconciliations of inventory general ledger accounts, including in transit and intercompany transactions, research purchase price variances, and record adjustments to correct account balances. Assists with data collection, report generation, monitoring of Warehouse and Retail count performance, results, and scheduling. Demonstrates proficiency at capturing, presenting, and explaining warehouse specific performance metrics (PPV). Able to produce a varie... more details
The Inventory Control Senior reports to the Global Inventory Accounting Manager. This position ensures compliance with GAAP and with 5.11 financial policies and procedures. Being an Inventory Control Senior employs standards, metrics, and procedures that maximize inventory management efficiency and accuracy. This position requires great interpersonal skills and the ability to interact cross functionally, and with different levels of management within the organization. The ideal candidate has strong business and financial analysis skills to ensure the success of company strategies as well as an understanding of inventory accounting and inventory control in a manufacturing and retail environment.
RESPONSIBILITIES:
- Perform monthly journal entries and account reconciliations of inventory general ledger accounts, including in transit and intercompany transactions, research purchase price variances, and record adjustments to correct account balances.
- Assists with data collection, report generation, monitoring of Warehouse and Retail count performance, results, and scheduling.
- Demonstrates proficiency at capturing, presenting, and explaining warehouse specific performance metrics (PPV).
- Able to produce a variety of complex reports and/or analyses on an ad-hoc basis in response to executive or upper management inquiries.
- Communicates with Manager regarding any large outstanding unreconciled balances or any issues timely.
- Assists with data collection and report generation as needed in PowerBI, Excel, Access, etc.
- Ensure transactions are appropriately being accounted for under US GAAP.
- Assist Global Inventory Accounting Manager with month end tasks, global inventory control implementation (particularly in retail environment) and carry out other assigned tasks as needed.
- Interact and manage relationships with various levels of management in order to timely and accurately prepare all necessary inventory month-end, quarter-end, and year-end supporting documentation for the accounting close.
- Evaluates deliveries, shipments and product levels to improve inventory control procedures.
- Provide support and aid to internal and external audits.
- Help implement or improve existing processes to minimize risk and increase internal controls to ensure compliance with internal control framework under COSO.
- Works effectively with a diverse cross-functional team.
QUALIFICATIONS:
- A Bachelor’s or equivalent degree from an accredited university in accounting or finance.
- 3-5 years of public accounting experience, or 4+ years of industry experience with demonstrated levels of advancement.
- Solid understanding of accounting principles and concepts based on US GAAP.
- Certified Public Accountant a plus.
- Prior experience with inventory in a manufacturing or retail environment a plus.
- Experience with Microsoft Dynamics ERP (D365) system and Power BI a plus.
- Ability to manage and prioritize multiple tasks with emphasis on meeting tight deadlines.
- Extensive computer experience including but not limited to Microsoft Word, Outlook, PowerPoint, advanced Excel skills (macro) required.
OUR VALUES:
At 5.11 we embrace a high energy culture built upon our values of Service, Unity, Impact and Tenacity.
Service – At 5.11, we wear our passion for service on our sleeves: it is an honor to serve those who serve and people of all walks of life. With humility and great respect for our consumers and our roots, we take pride in our brand and engage with our communities. By championing the needs of our consumer, we fulfill the mission of a lifetime.
Unity – We build together—as one, global 5.11 family. Our individual abilities and diverse perspectives strengthen outcomes. We collaborate, taking a holistic view and listening actively. By communicating with intention, care, and clarity, we empower each other to reach new heights.
Impact – We have big ambitions, and they start and end with our consumer. With them in mind, we innovate for impact—we think big, think creatively and challenge norms. We foster curiosity and iterate, relentlessly pursuing solutions. For ultimate impact, we drive to disrupt for good.
Tenacity – We are tenacious in our pursuits and accountable to each other. This builds trust and the confidence to rise to any challenge. We have the courage to take risks and, no matter the outcome, we flex and adapt, always having each other’s backs. We persist—determined to Always Be Ready.
Pay Range: $85,000 - $95,000 plus bonus based on experience
5.11 Tactical offers a best-in-class benefits program including: medical, dental and vision insurance; a 401(k) program with employer match; employer-paid basic life and AD&D insurance. Additionally, employees can choose from several voluntary benefits including: Hospital Indemnity/Accident insurance; Flexible Spending Account/Health Saving Account; Employee Assistance Program; Paid Time Off/Paid Holidays/Sick Time; Casual Dress Code; and Employee Discounts.
*If you are a regular full-time employee working at least 30 hours per week, you and your eligible dependents may participate in 5.11’s benefits program.*
