Sr. Financial Analyst I - Inventory Control Finance
At a glance
Senior FP&A role at Burlington. Burlington · full-time · $65,000–$80,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Keep inventory records and controls accurate, including updates to stock ledger data
- Handle close work such as inventory valuation, margin review, ledger reconciliations and recording inventory movements
- Check inventory transactions across stores, distribution centers and fulfillment operations, covering sales, transfers and adjustments
- Coordinate physical inventory counts, review the reconciliations and analysis, and prepare shrink reporting
- Build monthly metrics and other reporting, improve processes, and support audits and SOX reviews
What you bring
- A four-year degree in accounting or finance is required
- You have two to four years of related experience, with an inventory or accounting background focused on data analysis and reporting
- You understand inventory flows and accounting controls, and can analyze financial results and explain trends
- Advanced Excel skills are required, along with strong PowerPoint skills
Who this fits
This role suits someone comfortable with financial analysis, inventory accounting and reporting, who can work independently and with teams across business functions. It is a full-time hybrid position in Burlington, United States.
From the employer
Position Overview
• This position requires a highly motivated candidate with strong analytical, process management, quantitative, and technical skills to aid in the department’s objectives.• Responsible for the daily and monthly financial / operational analytical support of accounting operations as it relates to the Inventory Control Department, as well as being a liaison to all operational and corporate departments.
• Support an accurate and timely monthly close process, forecast, reporting, business objectives, strategic goals and initiatives.
• Maintain accuracy of all stock ledger/inventory data, its updates and all related controls.
• Perform Merchandise Inventory Valuation, Gross Margin and Cost Analysis.
• Assist Loss Prevention and Store Operations in coordination of physical inventories across the organization’s Distribution Centers and Stores.
• Coordination with internal and external auditors for periodic reviews and SOX compliance, support all corporate, store and DC inventory flows and initiatives.
• Assist in the preparation of client assistance deliverables for quarterly and annual financial statement audits, as well as in other special projects.
A Day in the Life
- Develop and maintain partner relationships with business units and corporate stakeholders (IT, Shortage Control, Asset Protection, Merchandising, Finance, DC, Logistics, etc.)
- Seek out process efficiencies and improvements
- Create Value-added reporting including KPI’s and Monthly Reporting Metrics
- Demonstrate a good understanding and knowledge of accounting principles and internal controls and apply them to daily functions
- Collaboratively work with other business partners
- Responsible for timely and accurate financial close responsibilities, including inventory valuation, margin analysis, general ledger reconciliation and recording of inventory transfers and receipts
- Ensure completeness and accuracy of inventory transactions for Stores, DC’s and fulfillment operations (includes sales, markdowns, transfers, claims, receipts, shipments, and adjustments)
- Assist in Physical Inventory Reconciliations and analysis in addition to coordinate timing, execution and reporting of physical inventory as required.
- Provide shrink reporting for business units as required
- Ensure compliance with existing and develop/document new policies and procedures governing stock ledger maintenance and control. Partner with Corporate Finance to ensure that policies are in accordance with internal accounting practices and GAAP.
- Work closely with internal and external auditors as needed to satisfy audit review requirements and Sarbanes Oxley compliance.
You'll Come With
Education and Qualifications:
Education: Four-year accounting/finance degree required, CPA, CMA, or MBA a plus.
Licenses/Certification/Registration: N/A
Experience: 2-4 years related work experience.
Inventory / accounting background, concentration in data analytics and reporting. Retail experience preferred.
Skills and Abilities:
- Excellent analytical, problem solving and organizational skills.
- Passion for data, analytics and pushing business innovation.
- Demonstrated understanding of the inventory flow and inventory accounting policies.
- Skilled at financial analysis, recognizing trends and communicating results.
- Excellent written and verbal communication with emphasis on strong interpersonal skills.
- Experience working with multiple levels of management and in cross-functional environments.
- Proven ability to work both independently and cross-functionally to drive projects to completion.
- Ability to adapt to changing business environment
- Ability to manage multiple projects simultaneously
- Advanced Excel skills. Strong PowerPoint skills.
- Power BI Skills.
Come join our team. You’re going to like it here!
You will enjoy competitive wages, flexible hours, and an associate discount. Burlington’s benefits package includes medical, dental and vision coverage including life and disability insurance. Full-time associates are also eligible for paid time off, paid holidays and a 401(k) plan.
We are a rapidly growing brand and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together! Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity
Individual pay decisions will be based on a variety of factors, such as but not limited to, qualifications, education, job-related skills, relevant experience, and geographic location.
Compensation Range: $65,000.00 - $80,000.00