Accountant

Rails; Los Angeles (CA); On-site; USD 60,000 - 80,000; Full time

Job summary

A growing apparel brand is seeking an experienced Accountant to join their Accounting team in Los Angeles. The role involves daily accounting tasks, supporting the monthly financial close, performing reconciliations, and preparing reports. Candidates should have a Bachelor's degree in Accounting, 3-4 years of experience, and strong Excel skills. The opportunity offers a dynamic environment in a well-established company committed to equality and diversity in the workplace.

Qualifications

• 3-4 years of previous experience in accounting required.
• Strong analytical skills for reviewing accounting transactions.
• Ability to handle several tasks simultaneously and meet deadlines.

Responsibilities

• Support the monthly financial close process by preparing timely and accurate month-end journal entries.
• Perform monthly balance sheet account reconciliations.
• Ensure the accuracy of revenue and inventory reporting.
• Prepare and provide reporting on sales, including profit and loss statements.
• Work with international tax partners for necessary filings.
• Assist in maintaining accurate records for various financial areas.

Skills

Accounting

US GAAP

Cost Accounting

Microsoft Excel

Analytical skills

Prioritization

Education

Bachelor’s Degree in Accounting

Job description

Founded in 2008 by Los Angeles native Jeff Abrams, Rails has grown from a small label - started with just a single hat - into a full collection of women’s and men’s apparel. Sold at top international retailers and worn by a loyal following of celebrities and tastemakers, the brand has come to define a new classic heritage and relaxed sensibility. Rails is sold in 30 countries by more than 1000 retailers, including its own flagship stores in New York, San Francisco, Newport Beach, Paris, London and Amsterdam.

Summary

Rails is looking for an experienced Accountant to join our growing Accounting team. This position will be responsible for the daily accounting activities of the business and assist with the monthly financial close process and various reporting as needed.

The Accountant will report to the Senior Accounting Manager.

Responsibilities

• Support the monthly financial close process by preparing timely and accurate month-end journal entries as directed.
• Perform monthly balance sheet account reconciliations and supporting schedules
• Ensure the accuracy of revenue, cost of goods sold, and inventory reporting by performing detailed reconciliations and investigating discrepancies.
• Prepare and provide reporting on sales, including profit and loss statements, variance explanations, and KPIs as needed.
• Evaluate the general ledger to determine missing transactions and accruals.
• Work with international tax partners to provide all necessary data for income tax, local sales tax, and general business filings.
• Assist the Senior Accounting Manager in maintaining accurate records for various areas such as credit cards, fixed assets, and deferred revenue.

Preferred Experience/Qualifications

• Bachelor’s Degree in Accounting or related field required, CPA a plus
• 3-4 years previous experience in accounting required
• Working knowledge of US GAAP and Cost Accounting
• Advanced proficiency in Microsoft Excel required
• Multi-location retail and/or fashion industry experience a plus
• Ability to handle several tasks simultaneously, prioritize workload efficiently and meet deadlines
• Strong analytical skills in reviewing accounting transactions
• Must be able to maintain an onsite presence at our Los Angeles office 4 days out of the week

Rails is committed to providing equal employment opportunities and building a diverse workplace in all its forms and considers candidates without regard to race, color, religion, age, gender identity, sexual orientation, national origin, disability status, veteran status or any other characteristic protected by applicable laws. As an equal opportunity employer we welcome and consider all qualified applicants.