Inventory Accountant I

Job title: Inventory Accountant I

Plano, TX, United States (Hybrid)

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Job Description

Inventory - Accountant I (Corporate)

This position is Hybrid working from our Legacy West Support Center located in Plano, Texas.

About the Role

The Inventory Accountant I is responsible for supporting the accounting and financial reporting activities related to company inventory across Sally Beauty Holdings' retail, distribution, and corporate operations. This role ensures inventory transactions are accurately recorded, reconciled, and reported while supporting month-end close processes, inventory valuations, and internal controls. Working closely with Operations, Supply Chain, Distribution Centers, and Finance teams, the Inventory Accountant helps maintain the integrity of inventory balances and provides analysis that supports sound business decisions and financial compliance.

Responsibilities

• Perform inventory account reconciliations and investigate variances to ensure accurate financial reporting.

• Prepare and analyze inventory-related journal entries and general ledger transactions.

• Support month-end and year-end closing activities related to inventory accounting.

• Review inventory adjustments, transfers, reserves, write-offs, and other inventory transactions for accuracy and compliance.

• Analyze inventory trends and provide reporting to support business decision-making.

• Partner with Supply Chain, Distribution Centers, Merchandising, and Operations teams to resolve inventory discrepancies.

• Assist with physical inventory counts and cycle count reconciliation processes.

• Support internal and external audits by providing inventory-related documentation and analysis.

• Ensure compliance with SOX controls and company accounting policies.

• Identify opportunities to improve inventory accounting processes, reporting accuracy, and operational efficiency.

• Support special projects and other accounting duties as assigned.

• Knowledge, Skills & Abilities Requirements

• Bachelor's degree in Accounting, Finance, or related field.

• 1-3 years of accounting experience, preferably in inventory, cost accounting, retail, distribution, or supply chain environments.

• Experience supporting month-end close and general ledger reconciliations.

• Understanding of inventory accounting principles and financial reporting concepts.

• Knowledge of SOX compliance and internal control requirements preferred.

• Advanced proficiency in Microsoft Excel.

• Experience with ERP or accounting systems such as Lawson, SAP, Oracle, or similar platforms preferred.

• Strong analytical and problem-solving skills.

• Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment.

• Strong written and verbal communication skills.

• Competencies & Attributes

• Analytical Thinker – Uses data and financial analysis to identify discrepancies, trends, and opportunities for improvement.

• Attention to Detail – Maintains a high level of accuracy when reconciling inventory balances and processing financial transactions.

• Financial Steward – Demonstrates integrity and accountability in managing inventory assets and financial records.

• Problem Solver – Investigates inventory variances and develops practical solutions.

• Effective Communicator – Collaborates effectively with Accounting, Supply Chain, Operations, and business partners.

• Results Driver – Takes ownership of responsibilities and consistently delivers accurate, timely work.

• Team Builder – Contributes to a collaborative and customer-focused team environment.

• Continuous Learner – Seeks opportunities to improve technical accounting knowledge and business understanding.

• Working Conditions & Physical Requirements

• This will be a hybrid role required to be onsite at the corporate office on specified days. The work environment generally involves everyday risks or discomforts which require normal safety precautions typical of such places as offices, meeting and training rooms, retail stores, and residences or commercial vehicles, including the use of standard office equipment and adherence to workplace safety practices. The work area is adequately lit, heated, and ventilated.

• The work is sedentary. Typically, the employee may sit comfortably to perform the work. However, there may be occasional walking, standing, bending, and lifting or carrying light office equipment and materials as needed.

Benefits

• We offer a competitive salary and outstanding benefits package that includes medical, dental, vision, life insurance, paid vacation and sick days, paid holidays, tuition reimbursement and 401(k) with company match. In addition, associates of SBH may take advantage of our in-house salon with complimentary services and a varied selection of food options at our corporate campus. Also featured at our corporate campus is both a Sally Beauty and CosmoProf Professional onsite store, where associates enjoy a great merchandise discount!