Inventory Accounting Specialist

About the Company

Kendra Scott is a fashion-and-lifestyle brand built on family, fashion, and philanthropy. The company values its people and customers equally, and sees giving back as a core measure of success. Its creative and retail operations are centered in Austin, Texas, where it runs two advanced facilities and supports a growing store network across the country.

Role Overview

The Inventory Accounting Specialist will handle the daily execution of inventory accounting activities. This includes ensuring inventory transactions, supplier payments, and reconciliations are completed fully, accurately, and on time. The role works closely with Production, Inventory Control, Operations, and third-party logistics partners to keep inventory records correct, resolve transaction issues, and contribute to month-end close. The position reports to the Cost Accounting Manager and is important to the accuracy of inventory financial data, audit support, and smooth operations.

Key Responsibilities

• Match purchase orders, receiving records, and supplier invoices for inventory buys so payments are processed correctly and promptly.
• Track open purchase orders and inventory exception reports, such as paid unmatched POs, negative stock balances, and items missing weighted average cost data, then work with Production, Inventory Control, and Receiving to fix the issues.
• Handle supplier payments tied to inventory and keep vendors informed about invoice status, discrepancies, and payment questions in partnership with Product teams.
• Complete monthly inventory reconciliations, roll-forwards, recurring journal entries, in-transit accruals, and related account reconciliations for close support.
• Maintain and reconcile inventory held with third-party warehouses, distribution partners, and any inventory locations outside the ERP to ensure correct valuation and reporting.
• Review inventory activity and period-end cutoffs so transactions are captured in full, accurately, and in the correct accounting period.
• Keep clear, organized backup records for reconciliations, journal entries, supplier invoices, and other accounting support needed for internal controls and audit readiness.
• Assist with physical counts and cycle counts by preparing reconciliations, booking shrink accruals and adjustments, researching variances, and supporting audit observation and documentation.
• Support internal and external audits by preparing roll-forwards, weighted average cost validation schedules, reconciliations, and other requested support.
• Look for ways to improve inventory accuracy, payment handling, reconciliation speed, and internal controls.
• Take on other inventory accounting duties as needed.

Qualifications

• Bachelor’s degree in Accounting or Finance is required; CPA or an aspiring CPA is preferred.
• At least 2 years of progressive accounting experience is needed; experience from a Big 4 firm is strongly preferred.
• Hands-on experience with general ledger reconciliations, accounts payable, and three-way matching.
• Solid understanding of inventory accounting, including valuation and weighted-average costing.
• Experience supporting financial statement audits, especially physical inventory and related audit procedures, is preferred.
• Advanced Microsoft Excel skills.
• Strong analytical, organizational, and problem-solving abilities.
• Excellent written and verbal communication skills, with the ability to work well across departments.
• Oracle ERP experience is preferred.
• Background in manufacturing, consumer products, retail, or distribution, including third-party logistics, is preferred.

Ideal Candidate Profile

• Deep understanding of inventory and cost accounting concepts.
• Experience with general ledger work and account reconciliations.
• Comfort working with accounts payable and procure-to-pay workflows.
• Very strong attention to detail, with emphasis on completeness, accuracy, and timely follow-through.
• Ability to partner across Accounting, Operations, Inventory Control, Production, and external stakeholders.
• Strong capability in financial analysis, research, and issue resolution.
• A continuous-improvement mindset with a focus on efficiency and operational excellence.

Equal Opportunity

The employer is committed to equal opportunity and values diversity in the workplace.