Inventory – Accountant I (Corporate) – Inventory Accounting

Job Description

ACCOUNTANT I | CosmoProf Beauty

The Tone:
This is a full-time hybrid role at CosmoProf Beauty, located in Plano, Texas, working from our Legacy West Support Center. CosmoProf Beauty operates as part of Sally Beauty Holdings, a significant organization in the beauty retail and distribution sector. This role is crucial for maintaining the integrity of inventory balances and supporting sound financial decisions across the company’s retail, distribution, and corporate operations. The Inventory Accountant I ensures transactions are accurately recorded and reported, directly impacting financial compliance and business strategy.

The TL;DR
• Role: Early Career
• Location: Hybrid Plano, TX

• Team: Collaborates with Operations, Supply Chain, Distribution Centers, Merchandising, and Finance teams.
• Mission: Accurately records, reconciles, and reports inventory transactions, supporting month-end close processes, valuations, and internal controls.
• Tech Stack: Microsoft Excel, Lawson, SAP, Oracle

What You’ll Actually Do
• Reconcile Accounts: Perform inventory account reconciliations and investigate variances to ensure accurate financial reporting.
• Prepare Entries: Prepare and analyze inventory-related journal entries and general ledger transactions.
• Support Close: Support month-end and year-end closing activities related to inventory accounting.
• Review Transactions: Review inventory adjustments, transfers, reserves, write-offs, and other inventory transactions for accuracy and compliance.
• Analyze Data: Analyze inventory trends and provide reporting to support business decision-making.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, or a related field, with 1-3 years of accounting experience. Possesses an understanding of inventory accounting principles and financial reporting concepts.
• Experience: 1-3 years of accounting experience, preferably in inventory, cost accounting, retail, distribution, or supply chain environments. Has experience supporting month-end close and general ledger reconciliations.
• Skills: Advanced proficiency in Microsoft Excel. Demonstrates strong analytical and problem-solving skills, alongside strong written and verbal communication skills.
• Bonus: Knowledge of SOX compliance and internal control requirements. Experience with ERP or accounting systems such as Lawson, SAP, Oracle, or similar platforms.