Lead, Product Cost Accounting, Inventory & Supply Chain Accounting at Nike

Beaverton, Oregon, United States

Nike Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Apparel, Consumer Goods, Supply ChainIndustries

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field. Will accept any suitable combination of education, experience and training
  • Certified Public Accountant (CPA) or equivalent preferred
  • 5+ years of relevant work experience in public accounting, corporate accounting, finance, or related functions
  • Strong US GAAP, internal controls over financial reporting, financial analysis, and technical accounting knowledge
  • Excellent verbal and written communication skills, and the ability to optimally identify, communicate, and influence technical matters, issues, risks, and opportunities to senior leadership
  • Exposure to Retail Store, Warehouse Management, and/or large ERP systems (e.g. SAP, Oracle) is a plus
  • Strong enthusiasm and passion for the NIKE brand

Responsibilities

  • Ensure accurate valuation of inventory and related liabilities, including GR/IR and Accounts Payable
  • Drive timely and reliable recording of product cost of sales
  • Own and govern the end-to-end inventory costing process for monthly and quarterly close
  • Provide oversight of MSP to guarantee proper valuation and reporting of inventory balances
  • Lead the global transformation of Nike’s product costing strategy; centralizing processes, closing gaps and implementing reporting enhancements across the entire inventory lifecycle, from purchases to payments
  • Deliver accurate, timely insights that empower Finance and Supply Chain teams to understand gross margin impacts and inventory performance in both units and dollars
  • Maintain inventory & cost of sales financial statement integrity and compliance with US GAAP
  • Manage E2E costing accounting close process, including direct oversight to MSP (i.e., partner with Global Product Costing Analysts in setting of accurate and complete standards, govern the Global material ledger close process for, and analyze inventory balances for accuracy for S/4)

Skills

Product Cost Accounting
Inventory Valuation
Supply Chain Accounting
Financial Reporting
Month-End Close
Quarterly Close
GR/IR
Accounts Payable
SAP
ERP Systems
Financial Metrics
Process Governance

Nike

Designs and sells athletic footwear and apparel

About Nike

Nike designs, manufactures, and sells a variety of footwear, apparel, equipment, and accessories aimed at athletes, fitness enthusiasts, and everyday consumers. Their products are created to be stylish and performance-oriented, catering to the needs of a diverse clientele. Nike operates through multiple sales channels, including retail stores, online platforms, and third-party retailers, and enhances its brand image through endorsements from well-known athletes and sports teams. A key aspect of Nike's approach is its membership program, which offers exclusive access to products and content, fostering a deeper connection with consumers. Unlike many competitors, Nike places a strong emphasis on sustainability and corporate responsibility, integrating these values into its operations and product development. The company's goal is to continue growing by creating products that resonate with consumers while promoting positive social and environmental impact.

Beaverton, OregonHeadquarters
1964Year Founded
IPOCompany Stage
Consumer Software, Social Impact, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Remote Work Options
Flexible Work Hours

Risks

Emerging sportswear brands increase competition through digital marketing and direct sales.
Rising raw material costs could impact Nike's profit margins.
Consumer backlash over labor practices could harm Nike's brand reputation.

Differentiation

Nike integrates electronics into footwear for active recovery, enhancing product innovation.
The company capitalizes on retro designs, appealing to nostalgic consumers.
Nike's strong brand loyalty is bolstered by high-profile athlete endorsements.

Upsides

Nike's partnership with Oaklands Wolves boosts brand visibility among younger demographics.
Significant investments indicate strong investor confidence in Nike's growth prospects.
Nike's recognition as a socially responsible stock appeals to environmentally conscious investors.

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