Job Description
Job Description
ABOUT BANNER SOLUTIONS
At Banner Solutions, every teammate is an owner. Banner Solutions is more than a typical door hardware distributor – we’re obsessed with making our customers’ jobs easier through inventory availability, product findability, and top-tier customer support. We are Securing Every Doorway and Beyond with Trusted Solutions. Our expertise spans commercial, electronic access control, residential hardware, and locksmith supplies, supported by an industry leading e-commerce platform featuring products from over 260 manufacturers. Banner Solutions aims to simplify and enhance customer experiences through efficient processes and personalized service, setting new standards in the industry. We are entering an exciting phase of growth and expansion supported by significant investments!
JOB SUMMARY
The Inventory Accountant & Analysis plays a critical role in overseeing inventory accounting, financial processes, optimizing operational costs, and ensuring accurate financial reporting within the distribution center. This role requires strong analytical skills, financial acumen, inventory accounting and the ability to collaborate with operating teams to drive profitability and efficiency.
GENERAL DESCRIPTION, PRIMARY RESPONSIBILITIES, JOB DUTIES
Inventory Accounting Oversight
- Maintain accurate and timely accounting of inventory in a complex multi-distribution center operation
- Reconcile inventory balances between ERP systems, physical stock, and financial statements
- Prepare and review monthly inventory-related journal entries, accruals, and adjustments.
Financial Management & Reporting
Oversee all financial operations within the distribution center, including budgeting, forecasting, and cost controlPrepare and analyze financial reports, providing insights on key performance indicators (KPIs) and cost trendsEnsure compliance with accounting standards, corporate policies, and financial regulationsMonitor and manage inventory accounting, cost allocations, and financial reconciliations.Operational Efficiency & Cost Control
Partner with operations leadership to identify cost-saving opportunities and drive processimprovements.Analyze labor costs, transportation expenses, and warehouse operational expenditures.Develop strategies to enhance productivity while maintaining financial controls.Budgeting & Forecasting
Lead annual budgeting and periodic forecasting processes for the distribution center.Track actual financial performance against budget and provide variance analysis.Support strategic decision-making by providing financial modeling and scenario planning.Compliance & Internal Controls
Ensure proper financial controls are in place to mitigate risks and prevent financial discrepancies.Conduct audits and process reviews to enhance financial integrity.Work closely with external auditors and compliance teams to support financial reviews. Stakeholder CollaborationCollaborate with supply chain, logistics, and warehouse teams to align financial goals with operational strategies.Act as the financial liaison between the distribution center and corporate finance teams.Present financial insights to senior management and recommend actions for business growth.WHAT YOU WILL NEED TO SUCCEED
Bachelor’s degree in finance, Accounting, Business Administration, or a related field (MBA or CPA preferred).5+ years of inventorying accounting and financial management experience, preferably in distribution, logistics, or supply chain industries.Ability to prepare and review monthly inventory-related journal entries, accruals, and adjustments.Strong knowledge of financial reporting, cost accounting, and operational finance.Proficiency in financial software, ERP systems (SAP, Oracle, AS400 or similar), and Microsoft Excel.Excellent analytical, problem-solving, and decision-making skills.Strong communication and leadership abilities to work across cross-functional teams.Ability to thrive in a fast-paced, high-volume environment.WHY JOIN BANNER?
Banner Solutions is a great fit if
You value teamwork and are interested in helping to build an evolving high-growth companyYou have a “roll up your sleeves” work hard play hard mentalityYou value making a difference in the world and participating in something larger than oneselfYou want to work with top quality leadersWhat You’ll Gain by joining Banner
401K matchUnlimited PTOEmployee Discounts through our partnersHealth, dental and vision insurance coverageMentorship & Leadership DevelopmentWe foster an inclusive and supportive team culture that values diversity and collaboration and therefor encourage qualified candidates with relevant experience to apply, even if they do not meet all the listed qualifications.
PHYSICAL DEMANDS, WORK ENVIRONMENT, TRAVEL REQUIREMENTS
Fast-paced distribution center environment with a mix of office and warehouse presenceCompetitive salary, performance-based incentives, and comprehensive benefits packageOpportunities for career growth within the supply chain and finance sectorsThe job description is not an exhaustive listing of all responsibilities and may be revised at any time.
