Inventory Accounting Analyst

BJ's Wholesale Club • BJ's Club Support Center Marlborough, MA

12h • $58,000 - $74,000 • Hybrid

About The Position

A World-Class Team BJ’s Wholesale Club is powered by more than 30,000 team members who make a real impact every day. Whether you're stocking shelves, solving problems or shaping strategy, your work helps families save on what matters most. We’re a team built on purpose and opportunity. Join us and be part of something meaningful. Why You’ll Love Working at BJ’s At BJ’s Wholesale Club, our team members are at the heart of everything we do. That’s why we offer a comprehensive benefits package designed to support your health, well-being and future – both on and off the job. When you grow, we grow. Eligibility requirements vary by position. We are seeking a highly motivated Inventory Account Analyst to join our Shared Serivices Inventory Accounting team. This role is responsible for inventory cost and gross margin accounting across all retail sales channels. As a key business partner, you will collaborate with Merchandising, Logistics, Operations, and Accounts Payable to resolve costing discrepancies, enhance financial accuracy, and support operational improvements. The role is responsible for providing clear and effective communication to our Shared Service Inventory Accounting team [based in Bangalore, India], monitoring and evaluating the performance of the offshore team, implementing strategies to enhance productivity and accuracy, and fostering a culture of continuous improvement. This role will also assist with month-end close activities, account reconciliations, and system testing. Strong communication, collaboration, curiosity, and analytical abilities are essential.

Requirements

• Bachelor’s degree in Accounting or Finance preferred.
• 3–5 years of relevant experience, preferably in the retail or consumer goods industry.
• Strong accounting foundation with excellent analytical and problem‑solving skills.
• Curious mindset with the ability to identify issues and recommend solutions.
• Exceptional attention to detail and a high degree of accuracy.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities in a fast‑paced environment.
• Ability to work independently and collaboratively with cross‑functional teams.

Nice To Haves

• Experience working within or alongside a Shared Services model, preferred.
• Demonstrated ability to oversee offshore teams and manage service delivery expectations.
• Proficiency in Microsoft Excel and Word; SAP experience is a plus.

Responsibilities

• Analyze weekly and monthly cost of goods sold (COGS), gross margin, and freight activity across all retail sales channels.
• Review pricing and “This Week/Last Week” (TW/LW) reporting prepared by the shared service team.
• Partner with Merchants, Logistics, Operations, and Accounts Payable to research and resolve costing discrepancies and margin inquiries.
• Support month-end close processes, including preparation of journal entries and account reconciliations.
• Assist with system testing, enhancements, and implementation of improvements.
• Collaborate with Accounts Payable to resolve invoicing discrepancies and payment issues.
• Ensure compliance with internal audit controls, documentation standards, and SOX requirements.
• Analyze and research U.S. Customs tariff payments and take necessary corrective action
• Support special projects and provide ad hoc reporting as needed.
• Collaborate with and oversee the team based in India to ensure seamless service delivery and operational efficiency.
• Provide leadership and guidance to the shared service team, fostering a culture of continuous improvement and high performance.
• Monitor and evaluate the performance of the shared service team, implementing strategies to enhance productivity and quality of service.
• Facilitate effective communication and collaboration between the team and other departments to ensure cohesive and integrated service delivery.

Benefits

• Weekly Pay: Get paid every week so that you can manage your money on your terms.
• Free BJ’s Memberships: Enjoy a complimentary The Club Card Membership, plus a free Supplemental Membership for someone in your household.
• Generous Paid Time Off: Take the time you need with vacation, personal, sick days, holidays, bereavement, and jury duty leave.
• Flexible and Affordable Health Benefits: Choose from three medical plans, and access optional dental, vision, Health Savings Account (HSA), and flexible spending account options to fit your lifestyle.
• 401(k) Retirement Savings Plan: Build your financial future with a company match (available to team members 18 and older).
• Employee Stock Purchase Plan: Accumulate funds through after-tax payroll deductions that can be used to purchase shares of BJ’s common stock at a 15% discount.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level