Supervisor, Global Inventory

Carter’s, Inc. is the largest branded marketer in North America of apparel exclusively for babies and young children. The Company owns the Carter’s and OshKosh B’gosh brands, two of the most recognized brands in the marketplace. These brands are sold in leading department stores, national chains, and specialty retailers domestically and internationally. They are also sold through more than 1,000 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. The Company’s Child of Mine brand is available at Walmart, its Just One You brand is available at Target, and its Simple Joys brand is available on Amazon. The Company also owns Skip Hop, a global lifestyle brand for families with young children. Carter’s is headquartered in Atlanta, Georgia. Additional information may be found at www.carters.com. Baby Clothing, Kids Clothes, Toddler Clothes | Carter's Shop for baby clothing, baby necessities and essentials at Carters.com, the most trusted name in baby, kids, and toddler clothing. Shop our selection of cute baby & kids clothing. Essential Job functions (Tasks, duties and responsibilities most important to get the job done) The Supervisor, Global Inventory leads a team of 2 and is responsible for the completeness and accuracy of the financial close of the Company’s Financial Inventory. The Supervisor, Global Inventory is responsible for the oversight and accuracy of the annual budgets and forecasts, KPI reporting and analysis, compliance over operational and financial controls, supporting the physical inventory and implementation of RFID, as well as partnering with various teams to understand the business and drive efficiencies. Financial Close Processes – 45% Responsible for the completeness and accuracy of the US Retail (eCommerce & stores) inventory, processes and transactions, including receipts, transfers, intercompany transactions, inventory adjustments, inventory rollforwards, shrink and stock ledger COGS. Review analysis of Inventory Adjustments to ensure they are recorded appropriately inclusive of gap analysis between Wholesale Operations and Retail Operations. Review and ensure the completeness and accuracy of the Finished Goods Excess and Full Package Liability entries by ensuring information is gathered, validated, compiled, and analyzed account information. Review all Inventory Reserve accounts monthly in compliance with Corporate Policy. Review and ensure the completeness and accuracy of monthly General Ledger account analysis and prepare explanations for significant variances to budget/forecast. Review and ensure the completeness and accuracy of financial month-end on-hand inventory reconciliations for 800 retail stores, month-end shrink reserve balances by store, finished goods, in-transit, lower of cost or net realizable value (NRV) quarterly analysis, etc. Oversee department vendor payments and reconciliations for shipments direct from vendors to stores. Compile, validate, and prepare Corporate Inventory Summary and ensure applicable support data is complete and accurate. Prepare Excess Package Executive Summary and review source data. Analyze results and ensure variances and process/control narrative compliance. Prepare Audit Committee Deck Inventory slides and validate all collected data. Ensure closing calendar timelines are met, effectively communicating any issues cross functionally. Budgeting & Reporting – 15% Responsible for supporting the annual budgets and quarterly forecasts of retail store and DC shrink, inventory damages, lost cartons, charitable donations, annual shrink incentives, excess inventory, wholesale donations, and third-party technology provider expenses. Monitor monthly results vs. plans and forecasts and review variance analytics on positive or negative trends. Provide risks and opportunities to financial planning team. Provide oversight of the monthly inventory KPI metrics. Perform ad hoc queries and reports as required, inclusive of Inventory Turns and Forward Week reporting. Compliance, Financial and Operational Control Processes – 15% Participate in process reviews to ensure Global Corporate Compliance with Accounting Policies. Review and contribute to the design or enhancement of existing inventory and process controls. Assist internal and external audit teams during financial and SOX audits/reviews. Partnerships, Integration and Special Projects – 15% Partner with Distribution Center, Asset Protection, Supply Chain, IT, Store Operations, Buying, and Allocations to understand the business and drive efficiencies. Work with business partners to develop key reports to help manage the business. Support special projects as assigned inclusive of financial system initiatives. Oversee and monitor all store master data including maintenance of attributes, open/close/comp dates, store format, etc., which impact downstream systems. Physical Inventory/RFID – 10% Support the annual physical inventory count processes; coordinate and communicate with the Retail teams and the third-party technology provider to ensure accuracy of count processes. Review all reconciliations and analysis of physical inventory count processes (e.g., actual vs. budget, highest shrink volume UPCs, store shrink ratings, etc.) Develop recommendations for enhancing controls around shrink. Support RFID implementation from a financial perspective. SUPERVISORY / BUDGETARY / EXTERNAL COMMUNICATION RESPONSIBILITY Manage 2 direct reports: 1 Senior Inventory Control Accountant and 1 Inventory Control Accountant. Ability to lead a team and promote growth. Communicates effectively with external vendors and outside auditors. Knowledge, skill and ability requirements (minimum competencies required for job performance) Strong understanding of U.S. GAAP. Ability to handle changing priorities in a high paced environment as well as multi-task outside primary areas of responsibility. Demonstrated leadership ability to assist in the management of departmental projects and/or initiatives. Commitment to meeting daily, weekly, and monthly deadlines. Excellent interpersonal and communication skills and ability to partner cross-functionally. Highly motivated and dedicated to contributing to the growth and success of the Company. Ability to demonstrate independent, objective, open-minded thinking with strong attention to detail. Strong analytical skills with an ability to understand and analyze highly complex operational processes. Capable of operating independently with minimal direction from management to accomplish objectives; highly organized. Proficiency with Microsoft Office products (Excel, Word, PowerPoint) and familiarity working with General Ledger applications (SAP). Prior work experience and educational requirements Bachelor’s degree in Accounting or Finance from an accredited university, Master’s Degree or CPA preferred. Minimum of 3 years corporate or public accounting experience required. Minimum 1 year of Inventory Control/Reporting experience required. Retail industry experience a plus. Carters is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, genetics, disability, age, veteran status, or any other status protected by federal, state, or local law.