Accounting Manager

ALO•Commerce, CA

2d•$140,000 - $160,000

About The Position

We are seeking a highly skilled and driven Accounting Manager to join our team. In this key role, you will own all aspects of inventory accounting and inventory valuation for our large retail company. This includes managing monthly closing activities, working closely with our Finance and Operations business partners to analyze and report on business trends, and working closely with our Business Technology Solutions group to enhance processes and reporting. The ideal candidate is a self-starter who thrives in a dynamic environment, effectively manages multiple priorities, and works well both independently and within a team. A critical part of this role will involve partnering with our Business Technology Solutions group to implement meaningful enhancements in reporting and operational efficiency.

Requirements

Minimum of 6+ years of accounting experience, preferably in public accounting and/or the apparel retail industry
Bachelor’s degree in Finance or Accounting
CPA qualification preferred
Excellent analytical skills
Sound understanding of accounting principles, expertise in standard costing a plus
Exceptional project management skills and presentation skills
Effective and professional communication skills
Experience leading and coaching teams, with a track record of improving team performance and advancing individual skill development
Challenge conventional practices and use creativity and information to lead, innovate, problem solve, and implement ideas to contribute to the growth of the organization
Collaborates with co-workers to achieve common goals

Nice To Haves

CPA qualification preferred
expertise in standard costing a plus

Responsibilities

Responsible for all accounting, reporting and analysis related to inventories, gross margins, and standard costs
Prepare and/or review monthly journal entries related to inventory and COGS to record inventory movement, accruals for inventory in transit and amortization of capitalized variances
In conjunction with the monthly financial close, ensure that inventories are properly valued and appropriately reserved under US GAAP (including an evaluation of slow moving, excess and obsolete inventories), liabilities related to inventory purchases are properly stated, gross margins are accurate and any significant variances between budgeted and actual margins are investigated and explained to management
Prepare and/or review monthly reconciliations for all inventory related accounts across all global operating territories
Identify and analyze key cost drivers of variances between standard and actual costs and take action to improve cost accuracy. Partner with Product, Sales and Category Managers to establish and maintain accurate standard product costs. Develop and deliver reporting that provides clear visibility into major cost components (product, duty, freight, etc.), enabling informed business decisions and reviews.
Understand and document the Company's current end-to-end inventory processes
Act as primary finance liaison in physical inventory counts, review monthly cycle count results, and investigate variances as needed
Establish and maintain inventory and COGS related internal controls and assist in preparing inventory and COGS related information for both internal and external auditors
Monitor low margin, slow moving inv., and provide related financial reporting to relevant departments so that appropriate actions can be taken