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Spencer's · 1 day ago

Director, Inventory Finance

Egg Harbor, NJ

Full-time

Onsite

Director/Executive

$140K/yr - $170K/yr

15+ years exp

Spencer's is a retail company focused on creating a fun and inclusive work environment. The Director, Inventory Finance is responsible for leading financial oversight of inventory management, ensuring accurate valuation and compliance while collaborating with finance and supply chain teams to align inventory practices with financial goals.

Lifestyle

Diversity & Inclusion

Responsibilities

Develop and execute financial strategies for inventory control, valuation, and cost management

Ensure compliance with accounting standards, internal controls, and audit requirements for inventory

Lead financial planning, budgeting, and forecasting for inventory-related expenses

Oversee audits, cycle counts, reconciliations, and shrinkage monitoring to maintain accuracy

Partner with IT and operations to improve ERP and other financial tracking systems

Analyze inventory data to support reporting, decision-making, and risk management

Lead and develop finance-focused inventory teams, fostering accountability and improvement

Collaborate across finance, merchandising, and operations to align inventory strategies with company goals

Present financial insights, risks, and opportunities to senior leadership

Qualification

Inventory managementFinancial reportingData analyticsERP systemsProcess optimizationLeadership experienceCommunication skillsProblem-solving skillsCollaboration skills

Required

Bachelor's degree in Supply Chain, Business Administration, Operations Management, or related field

15+ years of progressive experience in inventory control, supply chain, or operations management, preferably in a large, multi-unit retail environment

Proven leadership experience managing teams and driving enterprise-level initiatives

Experience with inventory systems (e.g., WMS, ERP), process optimization, data analytics, and scaling financial inventory systems for expanding operations

Experience with inventory audits, shrink reduction strategies, and cross-functional collaboration

Excellent analytical, communication, and problem-solving skills

Ability to thrive in a fast-paced, growth-oriented environment