National Inventory Manager
About Timeless Select LLC
Timeless was founded in 2013 with the vision of creating a Leading Lifestyle Brand around Cannabis products that are efficient, safe & discreet to use. Our passion for R&D and Brand building has led Timeless to be one of the most innovative brands in the market.
Community, Culture, and Legacy are the building blocks of what we do at Timeless. We always have and will continue to work with local businesses, artists, charities, and dispensary partners to support the movements that we believe impact our industry and world for the better.
About the role
The National Inventory/Accounting Manager is responsible for managing and maintaining accurate inventory records, ensuring compliance with accounting standards, and supporting the financial reporting and analysis for each market. This role involves reconciling inventory balances, coordinating with other departments to ensure accurate data, and analyzing inventory-related financial transactions.
Responsibilities
Inventory Management
- Monitor all daily, weekly, and monthly inventory activity for each market.
- Perform regular reconciliations of inventory accounts, including detailed analysis of inventory adjustments, write-offs, and variances.
- Collaborate with inventory personnel, procurement, and operations teams to investigate and resolve discrepancies between inventory records and financial statements.
- Work closely with the procurement team on inventory stock.
- Travel between markets to perform routine audits of inventory.
- Assist in process improvements as it relates to the accounting department. Work closely with the National Accounting Manager to ensure all improvements are documented and reported to all inventory personnel.
Financial Reporting/Compliance
- Enter and maintain all inventory related vendor bills; review invoices against PO's for discrepancies and report any missed discrepancies to procurement.
- Prepare and analyze & record inventory-related financial reports, including cost of goods sold, inventory valuation, and gross margin analysis.
- Assist in preparation of monthly, quarterly, and annual financial statements and reports as it relates to inventory.
- Ensure compliance with accounting standards, internal controls, and company policies regarding inventory management and financial reporting.
Candidate Qualifications
Skills
- Strong understanding of inventory management principles and accounting standards.
- Proficiency in accounting software (e.g., ERP systems) and Microsoft Office Suite, particularly excel.
- Excellent analytical, problem solving, and organizational skills.
- Attention to detail and accuracy in financial reporting.
- Strong communication and interpersonal skills.
- Able to work in a fast-paced environment and be a team player.
Experience
- Proven experience in inventory accounting or similar role.
Educational Background / Certificates
- Bachelor's degree in Accounting, Finance, or related field.
Physical Demands: (The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of their job)
- Periodic site visits of Production Facility and/or Warehouse to assist or conduct in monthly, quarterly, and annual counts.
- Travel to markets (state) as needed.
Full-Time Benefits
Insurance Benefits: (available on the 1st of the month following 60 days of employment)
- Health Insurance
- Dental Insurance
- Vision Insurance
- Long Term Disability
- AD&D Life Insurance
- $50,000 Company Provided Basic Life Insurance
Time Off Benefits:
- A minimum of 10 paid holidays each calendar year
- Sick time - available after 90 days of employment
- Vacation time - available after 1st year of employment
- Paid Parental Leave - available after 1st year of employment
Bonus Opportunities
- Annual Performance-Based Bonus (pro-rated for full-time start date)
- Employee Referral Bonuses - eligible after 90 days of employment
Additional Perks:
- Employee discount on website merchandise
- Positive Cannabis Culture
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