Senior Manager Inventory Accounting (Hybrid)

$100,000 - $120,000/Yr

Foot Locker

Full-time - Mid Level

Clothing, Clothing Accessories, Shoe, and Jewelry Retailers

About the position

The Senior Manager of Inventory Accounting at Foot Locker is responsible for overseeing the Inventory Audit and Control teams, managing both store and distribution center inventory processes. This hybrid role involves ensuring accurate financial reporting, audit finalization, and inventory reconciliation while collaborating with various teams to maintain financial integrity and compliance with internal controls.

Responsibilities

• Manage distribution center shortage projection, reporting, and inventory audit reconciliation and finalization process.
• Review and manage the processing of distribution center cycle count updates for both units and financial.
• Manage the store shortage reporting and accrual process.
• Manage the review and finalization of all store inventory audits.
• Ensure all assigned Inventory G/L balance sheet account reconciliations are completed timely and accurately.
• Review and approve all assigned Inventory G/L balance sheet account reconciliations and all required analytical variance explanations in Blackline.
• Actively participate in all inventory related projects, ensuring financial integrity is maintained.
• Provide support to Field and Store operations, Store Managers, and Supply Chain team related to inventory inquiries.
• Ensure inventory systems are reconciled timely and accurately and any variances are within our approved tolerances.
• Lead multi-functional knowledge project groups, as needed, to ensure understanding of issues and identify key areas to resolve issues.
• Maintain appropriate internal control documentation, as applicable, and adhere to formally documented control procedures to ensure on-going compliance with SOX controls to prevent any deficiencies.
• Provide timely and accurate responses to Internal Control and KPMG requests.
• Ensure deadlines are met through timely and accurate work to achieve a smooth closing process.
• Oversee, review, and approve inventory adjustments, minimizing these where appropriate.
• Prepare and manage presentation of well-supported financial analysis reports.
• Identify and implement process improvement opportunities.
• Manage and develop departmental managers, staff accountants, and non-exempt staff.

Requirements

• Bachelor's Degree in Accounting required.
• Audit experience preferred.
• Minimum of 5 years of people managing and related functional experience.
• Proficient with Microsoft Office Suite (Excel, Word, Access).
• Experience with and/or knowledge of PeopleSoft and running PeopleSoft queries.
• Strong analytical and problem solving skills.
• Excellent communication skills, able to communicate with associates at all levels, including senior executives.
• Experience working on cross functional teams, multitasking, and managing time independently with little direction.
• Strong work ethic with a commitment to achieve targeted objectives.
• Ability to prioritize, delegate, and meet deadlines.
• Must be able to commit to additional hours during heavy accounting deadlines.

Benefits

• Employee Discount
• Paid Time Off
• Medical | Dental | Vision Coverage
• 401(k) | Roth 401(k)
• Stock Purchase Plan
• Life Insurance
• Flexible Spending Account
• Paid Parental Leave
• Opportunities for Advancement
• Tuition Reimbursement for Qualified Courses
• Strong Company Culture
• Employee Resource Groups