The Senior Inventory Accountant plays a critical role in ensuring the accuracy, integrity, and transparency of the company’s inventory-related financial information. This position requires deep expertise in inventory accounting and strong analytical skills to support operational decision-making, margin analysis, and resource allocation. The Senior Inventory Accountant will be the subject-matter expert for inventory-related accounting matters and will partner cross-functionally to drive continuous improvement in inventory management and reporting processes.

Inventory Accounting & Analysis

• Lead the preparation, reconciliation, and analysis of inventory balances, reserves, and adjustments to ensure accurate reporting.
• Analyze physical inventory results and collaborate with store managers and operations leaders to resolve discrepancies in a timely and accurate manner.
• Oversee physical inventory counts and cycle count programs, including planning, execution, and reconciliation.
• Post physical results to the perpetual inventory system, ensuring ledger integrity and compliance with GAAP.
• Maintain and monitor the accuracy of all inventory ledgers, sub-ledgers, and related accounts.

Financial Reporting & Close

• Own the monthly close process for inventory accounts, including journal entries, account reconciliations, and reserve calculations.
• Prepare detailed variance, margin, and trend analysis to identify drivers of inventory performance and profitability.
• Support preparation of the monthly financial package, providing clear insights into inventory results and risks.
• Partner with FP&A and operational teams to integrate inventory data into budgeting, forecasting, and margin analysis.

Process Improvement & Audit

• Develop and enhance internal controls and procedures related to inventory transactions and reporting.
• Partner with cross-functional teams (finance, supply chain, operations, IT) to improve processes, strengthen accuracy, and reduce variances.
• Lead inventory-related audit requests, ensuring compliance and providing documentation for internal and external auditors.

Ad Hoc Support

• Participate in special projects, system implementations, and process improvement initiatives to enhance efficiency and accuracy of inventory reporting.

Education & Certification

• Bachelor’s Degree in Accounting or Finance required; Master’s a plus.
• CPA or CPA candidate strongly preferred.

Required Knowledge & Experience

• 4–6 years of progressive accounting experience with a minimum of 3 years focused on inventory accounting.
• Strong understanding of inventory valuation methods (FIFO, LIFO, weighted average, standard cost, lower of cost or market, etc.), reserves, and shrink.
• Hands-on experience with cycle counts, physical inventories, and reconciliations.
• Proficiency with ERP systems and advanced Microsoft Excel (pivot tables, lookups, complex formulas).

Skills & Abilities

• Exceptional attention to detail and accuracy, with a passion for maintaining clean ledgers.
• Strong problem-solving and analytical skills, with the ability to explain inventory results to both finance and non-finance stakeholders.
• Ability to thrive in a fast-paced environment, manage multiple priorities, and meet deadlines.
• Collaborative team player who can build strong partnerships across finance, operations, and supply chain.
• Demonstrated ability to translate data into insights and actionable recommendations for management.

Equal Opportunity Policy

The Vitamin Shoppe is an equal opportunity employer. We respect diversity and accordingly are an equal opportunity employer that does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, citizenship status, age, sex, gender, gender identity or expression (including transgender status), sexual orientation, marital status, veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws.  Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, separation, recruitment, pay and other forms of compensation, access to facilities and programs, training and general treatment during employment.

We firmly believe that every Health Enthusiast has the right to be treated with dignity and respect. Our goal is to maintain a satisfied and productive team of Health Enthusiasts. The keys to reaching that goal are effective leadership, equal application of fair human resources policies, competitive wages and benefits, and close attention to all health enthusiast matters. The Vitamin Shoppe is committed to the principle of fair and impartial treatment of our Health Enthusiasts.

Health Enthusiasts with questions or concerns about equal employment opportunities in the workplace are encouraged to bring these issues to the attention of their Human Resources representative.  We will not allow any form of retaliation against Health Enthusiasts who raise issues of perceived discrimination in good faith.  To ensure our workplace is free of artificial barriers, violation of this policy may result in disciplinary action, up to and including discharge.