Senior Inventory Accountant Jobs in Missouri (NOW HIRING)

Helzberg Diamonds is a retail jewelry company that operates over 200 retail stores located in malls and open‑air venues across the United States, and a growing e‑commerce site. The company employs over 2,000 full and part‑time associates in store locations and the Store Support Center. The Store Support Center provides centralized information, products, and services to all the stores, while facilitating company innovation, growth and profitability. The stores are organized by geographic divisions, which are sub‑divided into regions and districts.

The Finance Department supports the product, people, promotion, place and profit strategies of the company by providing centralized delivery of all financial services. Internally, Finance provides financial services to all divisions of the company. Externally, Finance provides financial information and reporting to the parent company, Berkshire Hathaway as well as state and federal regulatory agencies. The Finance Department is divided into four areas: (1) General Accounting, which includes financial reporting, fixed assets, financial system integration, cash management, inventory control, merchandise and expense payables, operations audit and travel processing, (2) Planning and Analysis, which includes annual budgeting, market and site analysis, complex business analysis and sales forecasting, (3) Payroll, which includes all payroll and bonus processing and payroll tax reporting and (4) Consumer Finance which includes private label credit, bank cards and sales audit. The department also handles all property, casualty and liability insurance programs and serves as the risk management and legal liaison for the company.

The Senior Inventory Accountant is a strategic finance and controls professional responsible for ensuring the accuracy, integrity, and valuation of inventory through advanced data analytics, process governance, and system controls. This role serves as the organization's inventory subject matter expert, partnering across Finance, Merchandising, Supply Chain, Distribution, Store Operations, Loss Prevention, IT, and E‑Commerce to identify, investigate, and resolve inventory discrepancies.

The ideal candidate possesses a deep understanding of inventory transaction flows and system integrations, including Sales‑to‑Cash, inventory receipts, transfers, fulfillment, returns, and adjustments. This individual will leverage analytical tools and large data sets to identify root causes of inventory issues, design preventative controls, and lead system and process improvements that enhance inventory accuracy and financial reporting integrity.

This role is best suited for someone who thrives in a highly analytical environment, enjoys solving complex operational and system challenges, and has a passion for developing scalable, automated control solutions.

• Analyze large volumes of inventory, transactional, and financial data to identify discrepancies, exceptions, trends, and control breakdowns.
• Perform detailed root cause analysis of inventory variances across stores, distribution centers, and system platforms.
• Investigate inventory discrepancies related to receipts, transfers, shipments, sales, returns, adjustments, and valuation changes.
• Partner with operational and technology teams to resolve systemic inventory issues and implement sustainable corrective actions.
• Develop exception reporting, KPI dashboards, and predictive analytics to proactively identify inventory risks.

• Design, implement, and continuously improve inventory‑related control frameworks.
• Develop automated control points that prevent transaction errors and reduce manual intervention.
• Evaluate business processes and systems for control gaps, operational risks, and inventory accuracy concerns.
• Establish monitoring processes that identify exceptions before financial impacts occur.
• Ensure inventory controls support accurate financial reporting and operational decision‑making.
• Document business processes, control activities, and remediation plans.

• Serve as the inventory process expert for end‑to‑end transaction flows, including:
  • Sales‑to‑Cash
  • Purchase‑to‑Receipt
  • Inventory Transfers
  • Distribution and Fulfillment
  • E‑Commerce and Special Orders
  • Inventory Adjustments and Returns
• Understand system integration points and how transactions flow between operational systems and the general ledger.
• Identify process failures, system configuration issues, and data integrity concerns that impact inventory accuracy.
• Lead testing and validation efforts for inventory‑related system changes and enhancements.

• Lead inventory‑focused system enhancement and process improvement initiatives.
• Partner with IT and business stakeholders to prioritize and implement system improvements.
• Translate business requirements into scalable system solutions that improve inventory visibility, controls, and reporting.
• Drive automation initiatives that reduce manual reconciliations and improve transaction accuracy.
• Ensure new processes and technology solutions contain appropriate preventive and detective controls.

• Perform monthly reconciliation of inventory accounts and investigate reconciling items.
• Monitor inventory valuation methodologies, including FIFO, LIFO, and Average Cost.
• Validate inventory balances through detailed transaction‑level analysis.
• Support month‑end and year‑end close processes related to inventory.
• Assist with internal and external audit requests related to inventory balances, controls, and processes.

• Act as the primary inventory accounting and controls resource for key stakeholders.
• Provide analytical support to Merchandising, Store Operations, Distribution, Loss Prevention, E‑Commerce, and Finance teams.
• Respond to inventory‑related inquiries and provide actionable recommendations based on data analysis.
• Educate business partners on inventory processes, risks, and control requirements.

• Lead the planning and execution of semi‑annual physical inventory counts across all stores and distribution centers.
• Develop inventory count procedures and validation controls.
• Analyze count results and identify underlying causes of inventory variances.
• Implement process and control improvements based on inventory count findings.
• Ensure inventory count results are accurately reflected in financial records.

The incumbent does not supervise any direct reports.

• Bachelor's degree in Accounting, Finance, Information Systems, Supply Chain, or related field.
• 5+ years of experience in inventory accounting, inventory controls, operational finance, data analytics, internal audit or a related discipline.
• Advanced understanding of inventory transaction flows and how operational activity impacts financial reporting.
• Demonstrated experience conducting complex root cause analysis and solving cross‑functional process issues.
• Strong experience designing, implementing, and monitoring internal controls.
• Advanced Excel skills including Power Query, PivotTables, and large dataset analysis.
• Experience working with ERP (Oracle Retail preferred), inventory management, warehouse management, and reporting systems.
• Proven ability to transform data into actionable business insights.
• Strong project management and stakeholder collaboration skills.

• Data Analytics & Data Mining
• Root Cause Analysis
• Internal Controls Design
• Process Improvement
• Systems Thinking
• ERP & Inventory Systems
• Financial Analysis
• Inventory Valuation
• Business Process Mapping
• Automation & Continuous Improvement
• Project Leadership
• Cross‑Functional Influence

We are seeking a highly analytical problem solver who naturally asks "why" when discrepancies occur. This individual will not only identify inventory issues but also develop sustainable, automated control solutions that prevent recurrence. The ideal candidate is equally comfortable analyzing large datasets, mapping complex system process flows, leading cross‑functional projects, and communicating findings to business leaders. Their success will be measured by their ability to improve inventory accuracy, strengthen controls, eliminate recurring issues, and drive process excellence across the organization.