Bachelor’s degree in Accounting, Finance, or a related field.
5+ years of progressive accounting experience, particularly in inventory or cost accounting.
Hands-on experience with month-end close, journal entries, and financial reporting.
Proven ability to supervise and develop accounting staff, managing priorities and providing feedback.
Strong understanding of inventory accounting principles and internal controls.
Preferred experience in retail, consumer products, or distribution environments.
Excellent analytical, problem-solving, communication, and organizational skills.
Advanced Excel skills and familiarity with ERP or inventory management systems.
Responsibilities
Oversee inventory accounting activities, including month-end close and financial reporting.
Manage preparation and analysis of customer return reserves and inventory-related reserves.
Monitor inventory transactions and ensure discrepancies are resolved promptly.
Oversee inventory control activities, including physical counts and inventory adjustments.
Analyze inventory trends and key metrics to identify risks and opportunities.
Collaborate with cross-functional teams to resolve inventory issues and enhance processes.
Maintain effective inventory accounting procedures and internal controls.
Benefits
Bonus eligible
401(k) retirement plan with discretionary match and tuition reimbursement.
Comprehensive medical, dental, vision, and generous paid time off.
Office amenities including a café, fitness center, and free parking.
Generous associate discount and group discounts on insurance.
Discount Marketplace for travel and consumer products.
Access to associate resource groups.
Full Job Description
Overview
The Inventory Manager oversees inventory accounting and control activities to ensure accurate financial reporting and inventory records across J.Jill’s retail stores, direct-to-consumer operations, and distribution network. Reporting to the Assistant Controller, this role leads inventory-related close processes and reserves, strengthens inventory accuracy and controls, and partners with cross-functional teams to resolve issues and improve processes. The position supervises inventory accounting staff and balances hands-on accounting knowledge with effective operational oversight.
This job can be located in Quincy, MA or Tilton, NH.
Responsibilities
Oversee inventory accounting activities, including month-end close, journal entries, account reconciliations, inventory valuation, and related financial reporting.
Own the preparation, analysis, and ongoing assessment of customer return reserves for retail and direct-to-consumer channels, as well as inventory-related reserves including markdowns and shrink.
Monitor inventory transactions and reconciliations across financial and operational systems, ensuring discrepancies are investigated and resolved promptly.
Oversee inventory control activities, including annual physical counts, distribution center cycle counts, transfers, and inventory adjustments.
Analyze inventory trends, shrinkage, costing variances, and other key metrics to identify risks and opportunities for improvement.
Partner with Store Operations, Distribution Center, Merchandising, IT, and Finance to resolve inventory issues and strengthen operational processes.
Maintain effective inventory accounting procedures and internal controls in accordance with company policies and applicable accounting standards.
Support inventory-related systems enhancements, reporting improvements, and process automation initiatives.
Lead, supervise, and develop inventory accounting staff, including review of work, prioritization of activities, and performance feedback.
Support internal and external audit requests and other projects as needed.
Benefits, Tailored for You.
Bonus eligible
401(k) retirement plan with discretionary match and tuition reimbursement.
Medical, dental, vision, company paid LTD/STD, and generous amount of paid time off.
Office includes amenities such as a café, fitness center, free parking and Red Line shuttle.
Generous associate discount; group discounts on auto, pet and homeowner insurance.
Discount Marketplace for travel, consumer products, food, auto buying, etc.
Associate resource groups.
Qualifications
Bachelor’s degree in Accounting, Finance, or a related field.
5+ years of progressive accounting experience, including inventory or cost accounting experience.
Hands-on experience with month-end close, journal entries, account reconciliations, and financial reporting.
Demonstrated experience supervising and developing accounting staff, including reviewing work, managing priorities, and providing performance feedback.
Strong understanding of inventory accounting principles and internal controls.
Experience in retail, consumer products, distribution, or another inventory-intensive environment preferred.
Strong analytical, problem-solving, communication, and organizational skills.
Advanced Excel skills and experience with ERP or inventory management systems.
Physical Requirements
Sedentary work, prolonged periods of time working at a desk and on a computer.
Ability to communicate information and observe details at close range.
Light to moderate lifting may be required
The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of this position.
About The J Jill Group, Inc
The J. Jill Group, Inc. is a specialty retailer of women's apparel, accessories and footwear. The company operates retail stores and an e-commerce website. The company's merchandise mix includes knit and woven tops, bottoms, and dresses, as well as sweaters and outerwear. The company's accessories include scarves, jewelry, and hosiery. The company's footwear offerings include sandals, boots, and sneakers. The company targets affluent women aged 40 and over who are active, engaged, and have a casual lifestyle. The company was founded in 1959 and is headquartered in Quincy, Massachusetts.