Controller

TonyMoly USA • New York, NY

21d

About The Position

We’re currently seeking an experienced and strategic Controller to oversee all accounting operations and lead financial reporting, planning, and controls. This is a hands-on role for a highly analytical, operationally-minded finance professional with deep experience in distribution, inventory accounting, and ERP systems.
Position Summary
We are seeking a highly skilled and experienced Controller to lead the accounting function at TONYMOLY USA. The Controller will oversee all aspects of accounting operations, including the preparation of timely and accurate financial reports, the maintenance of robust accounting systems and internal controls, and the development of budgets and forecasts aligned with company goals.
This role requires a strategic thinker with a strong operational mindset - someone who thrives in a fast-paced, entrepreneurial environment and can build scalable processes without sacrificing precision. The ideal candidate will have deep experience in wholesale distribution and E-commerce businesses, and must bring expert-level proficiency in ERP systems. This is a hands-on leadership role that will collaborate cross-functionally across departments and help shape the financial infrastructure.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred)
• Minimum 7 years of progressive experience in accounting/finance, including 3+ years in a Controller or senior finance leadership role
• Strong background in wholesale/retail distribution, inventory management, and COGS analysis
• Expert-level proficiency in SAP
• Experience working with major U.S. retailers (e.g., Ulta, Target, Macy’s)
• Exceptional analytical, leadership, and cross-functional communication skills
• Thrives in a fast-paced, entrepreneurial environment and can build structure within growth
• Experience managing retailer AR, chargebacks, and deduction disputes with major accounts (Target, Amazon, Ulta, Nordstrom, or similar)

Nice To Haves

• Background in beauty, skincare, or CPG is highly desirable

Responsibilities

• Oversee all core accounting functions: billing, A/R, A/P, general ledger, cost accounting, inventory accounting, and revenue recognition
• Prepare timely and accurate monthly, quarterly, and annual financial statements in accordance with GAAP
• Maintain a robust system of accounting policies, internal controls, and procedures
• Manage intercompany transactions and reconciliations with TONYMOLY HQ and related entities
• Prepare management reporting packages and variance analyses for senior leadership
• Coordinate and support external audits, tax filings, and compliance reviews
• Manage the full AR cycle including invoicing, cash application, aging analysis, and collections for retail, wholesale, and e-commerce customers (Target, Ulta Beauty, Amazon, Nordstrom Rack, and others)
• Monitor and dispute retailer chargebacks and deductions across all trading partners, including compliance deductions (VCNA, VC011, TR10, CB501) through vendor portals such as Partners Online (Target) and Vendor Central (Amazon)
• Maintain aging reports and coordinate with sales and operations to resolve disputed balances
• Oversee AP processing, vendor payment runs, and reconciliation of vendor statements
• Manage weekly cash flow forecasting and daily cash position reporting
• Manage inventory valuation, standard costing, and reconciliation across all channels (wholesale, eCommerce)
• Partner with operations and supply chain to ensure accurate and timely inventory tracking
• Identify and implement strategies to improve inventory turnover and reduce obsolescence
• Oversee freight, logistics, and landed cost accounting
• Identify and write off obsolete, non-saleable, or slow-moving inventory in coordination with operations
• Act as internal SAP Business One expert (FI/CO, MM, SD modules)
• Ensure data integrity and maximize operational efficiency through system optimization
• Lead enhancements, upgrades, and cross-functional financial integrations
• Ensure full compliance with federal, state, and local regulations
• Maintain strong internal controls over all financial transactions and reporting
• Act as primary liaison to external accounting partners
• Promote a culture of ownership, accuracy, and continuous improvement
• Collaborate closely with executive leadership, Fractional CFO, sales, operations, and marketing

Benefits

• Competitive salary and performance-based bonus
• Full health, dental, and vision insurance
• 401(k) retirement plan
• Generous employee discount on all beauty and skincare products
• Career development opportunities and leadership exposure within a growing company

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level