Inventory Accountant

Description

Company Overview


Delta Galil USA, Inc. is a global manufacturer and marketer of branded and private label apparel products for men, women and children. Since its inception in 1975, the company has continually endeavored to create products that follow a body-before-fabric philosophy, placing equal emphasis on comfort, aesthetics and quality. Delta Galil develops innovative seamless apparel, including bras, shapewear and socks; intimate apparel for women; underwear for men, including under its owned brands Schiesser, Eminence, Organic Basics and Athena; babywear, activewear, sleepwear and loungewear, including under its owned P.J. Salvage and Delta brands. Delta Galil also designs, develops, markets and sells branded denim and apparel under the brand 7 For All Mankind®, and ladies' and kids' apparel under the brand Splendid®. In addition, it sells its products under brand names licensed to the company, including adidas, Wolford, Wilson, Columbia, Tommy Hilfiger and others.

Role Overview


Delta Galil USA is seeking an experienced Inventory Accountantto join our Finance team. This role is responsible for ensuring the accuracy of inventory accounting, supporting month-end close, maintaining inventory reconciliations, and partnering with cross-functional teams to ensure the integrity of inventory transactions and financial reporting.

The ideal candidate is analytical, detail-oriented, and thrives in a fast-paced environment. This individual will work closely with Accounting, Supply Chain, Operations, and Production to support inventory accuracy, strengthen internal controls, and drive process improvements.

Responsibilities

• Prepare inventory-related journal entries and participate in the monthly, quarterly, and year-end close processes.
• Reconcile inventory subledger to the general ledger and investigate discrepancies to ensure timely resolution.
• Analyze inventory transactions and monitor inventory variances, including purchase price variances, write-offs, shrinkage, and obsolescence.
• Prepare and maintain inventory reserve calculations, including excess and obsolete inventory reserves.
• Support physical inventory counts and cycle count programs by analyzing results and recording appropriate adjustments.
• Review inventory movement and costing to ensure accurate inventory valuation and cost of goods sold.
• Partner with Supply Chain, Operations, Distribution, and Purchasing teams to ensure inventory transactions are recorded accurately and timely.
• Assist with inventory accounting for new products, transfers, returns, and adjustments.
• Maintain and improve internal controls related to inventory accounting and inventory management processes.
• Prepare schedules and documentation for internal and external audits.
• Analyze inventory trends and provide financial insights to support business decisions.
• Identify opportunities to improve inventory accounting processes, reporting, and efficiencies.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of accounting experience, with significant experience in inventory accounting
• Strong understanding of inventory accounting principles, including inventory valuation methods such as FIFO and standard costing.
• Experience working within an ERP system, preferably SAP.
• Advanced Microsoft Excel skills, including PivotTables, VLOOKUP/XLOOKUP, and data analysis.
• Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
• Ability to manage multiple priorities while meeting deadlines in a fast-paced environment.
• Excellent communication skills with the ability to collaborate effectively across departments.
• Experience in the apparel, consumer products, manufacturing, or wholesale industry is preferred.

This is a hybrid role, with 4 days in our NJ office

PAY RATE: $80,000/yr-$90,000/yr


At Delta Galil, we strive to hire and nurture amazing talent. Actual salaries will vary depending on factors including but not limited to experience, specialized skills, and internal alignment.


DIVERSITY VISION STATEMENT:


We are committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers, and the communities in which we live and conduct business. We are an equal employment opportunity for minorities, females, protected veterans, and the disabled.


We are committed to providing equal opportunities in employment and treating our associates and applicants without discrimination based on their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, or any other legally protected factor.


Company Benefits

As a Delta Galil Associate, you'll be part of a global fashion company that values innovation, craftsmanship, and people. We're committed to offering comprehensive and competitive benefits that reflect our culture of care, creativity, and collaboration - but most importantly, benefits that fit you.

Our diverse range of programs is designed to support your total well-being - empowering you to make the best choices for yourself, your loved ones, and your lifestyle.

Below are a few of the benefits available to our Associates:

• Multi-brand merchandise discount, including Splendid, 7 For All Mankind, and PJ Salvage
• Comprehensive Health Coverage: Medical, Dental, and Vision Insurance, as well as Basic Life/Voluntary Life/Disability/Critical Illness
• Financial Wellness: 401(k) Retirement Program with Company match and 529 College Savings Plan, as well as Tax-Advantage Health & Transit Accounts
• Personal and sick time off, vacation time, floating days, and company-observed holidays
• Paid Volunteer Time Off to dedicate your skills and time towards charitable activities
• From weekly breakfasts and monthly milestone celebrations to leadership-led panels, and, team-building events, we offer plenty of fun ways to connect-both in person and virtually