Senior Accountant, Inventory and Lease

Company Description

At National Vision we believe everyone deserves to see their best to live their best. We help people by making quality eye care and eyewear more affordable and accessible. National Vision is one of the largest optical retail companies in the United States with over 1,200 stores. We operate four retail brands: America’s Best Contacts & Eyeglasses, Eyeglass World, and Vista Optical inside select Fred Meyer stores and on select military bases. We offer an innovative culture where training is a priority, hard work is praised, and career growth is a reality.

We are hiring for a Senior Accountant, Inventory and Lease to join our growing team!

Job Description

The Senior Accountant, Inventory & Lease Accounting, oversees inventory, manufacturing, and lease accounting activities, including monthly reconciliation of inventory balances, lease accounting, and verification of purchase orders against vendor invoices to ensure accurate and timely payments. This role manages daily inventory accounting, maintains accounting for retail inventory, prepares inventory reserves, supports lease accounting in accordance with ASC 842, and assists with monthly store physical inventory counts. The position partners closely with Operations, Real Estate, and Accounts Payable to ensure accurate financial reporting and supports additional accounting responsibilities as assigned.

What Would You Do? The Specifics.

• Support continuous improvement initiatives for inventory and lease accounting processes, controls, and system enhancements.
• Reconcile Lens inventory POs received against vendor invoices using BlackLine
• Coordinate with Lab and Distribution Center teams to facilitate timely processing and payment of vendor invoices
• Process Wave and Lab billing posting in JDA on a daily basis
• Perform monthly reconciliation of inventory balances in the general ledger against perpetual inventory systems
• Prepare monthly Inventory reserves for Obsolescence and Shrink
• Complete additional accounting and inventory-related tasks as assigned.
• Perform monthly lease accounting activities, including recording lease additions, modifications, terminations, and remeasurements in accordance with ASC 842.
• Prepare and reconcile monthly Right-of-Use (ROU) asset and lease liability accounts and related journal entries.
• Coordinate with Real Estate and other business partners to ensure lease agreements are accurately reflected in the accounting records.
• Assist with quarterly lease completeness reviews and support internal and external audit requests related to lease accounting.
• Prepare month-end journal entries, account reconciliations, and supporting schedules related to inventory and lease accounting.

Qualifications

Work Experience

• 4-6 years of progressive accounting experience. ((Required))
• Inventory Accounting ((Preferred))

Education

• Four year college degree or equivalent experience. in Accounting/Finance required or equivalent accounting experience. (Required)

Licenses, Certifications, Professional Affiliations

• Certified Public Accountant (CPA) Upon Hire ((Preferred))

Additional Skills

• Experience with Accounting Systems (Required)
• Experience with AS400/JDA, Oracle ERP, Blackline (Preferred)
• Experience with lease accounting (ASC 842) (Preferred)
• Experience with lease accounting software (e.g., CoStar) and Oracle ERP is a plus. (Preferred)
• Proficiency in Microsoft Excel, including advanced excel formulas used to reconcile large and complex data (Required)
• Strong reconciliation and analytical skills with the ability to manage multiple accounting processes simultaneously. (Required)
• Strong understanding of US GAAP reporting requirements. (Required)
• Knowledge of inventory accounting, manufacturing accounting, and lease accounting under US GAAP. (Required)
• Excellent verbal and written communication skills, with strong attention to detail and effective interpersonal abilities (Required)
• Demonstrated ability to work independently, think analytically, conduct research, perform data analysis, and resolve complex issues efficiently. (Required)
• Strong organizational, planning, judgment, and time‑management skills. (Required)

Additional Information

Taking Care of our People!

We understand the importance of financial health and security, and because of that, we provide competitive compensation to all Associates. We also offer a comprehensive benefits package including health and dental insurance, 401k retirement savings with company match, flex spending account, paid personal time off, paid company holidays, parental leave, employee eyewear discount and much, much more. At National Vision, we strive to deliver opportunities for professional growth and long-term career fulfillment. We provide training programs, access to educational courses and pride ourselves on the ever-increasing amount of promotions from within. #LI-SH1

We are an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, and other legally protected characteristics.