Accountant

DL1961; New York (NY); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Life & Disability benefits

Association discount & sample sales

401(K) plan

Summer Fridays

Wellness initiatives

Office in Soho

Job summary

DL1961 is seeking an Accountant to join our finance team in New York. You will manage banking relationships, oversee AP/AR, and handle cash flow, month-end close, and supporting audits.

Ideal candidates have a minimum of 3 years in accounting, strong Excel skills, and a CPA is a plus. Experience in wholesale apparel is highly valued. Join DL1961 in our Soho office for a dynamic, growth-oriented environment.

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA a plus.
• Minimum of 3 years accounting experience.
• Experience with wholesale apparel is a major plus.
• Strong Excel and ledger systems knowledge.

Responsibilities

• Act as primary contact for all banking matters and manage bank accounts.
• Oversee AP/AR and cash flow management.
• Perform month-end close, reconciliations, and reporting.
• Lead year-end audit coordination and tax support.
• Ensure compliance, internal controls, and regulatory filings.

Skills

Accounting

Excel

Analytical skills

Communication

Multi-tasking

Financial reporting

CPA a plus

Education

Bachelor's Degree in Accounting or Finance

CPA a plus

Tools

ERP/GL systems

General ledger

Job description

DL1961 is a premium essentials brand with roots in vertical integration. Offering elevated denim, knits, and ready-to-wear, for women, men, kids, and pets. They believe in meticulously crafted pieces designed to carry you through all of life’s stages.

In addition to their own low-impact factory, DL1961 strategically partners with sustainable manufacturers around the world to produce high quality essentials perfect for everyday wear. Named one of Fast Company’s Most Innovative Companies in 2023, this press-loved brand is a perennial favorite of editors and celebrities alike.

Learn more about DL1961 and shop the full styles and looks on dl1961.com.

As the Accountant for DL1961 and its affiliate entities and officers, you will support critical financial business decisions by collecting, tracking and correcting the company’s finances. You will be responsible for financial audits, reconciling bank statements, and ensuring financial records are accurate throughout the year.

You will prepare and examine financial records, identify potential areas of opportunity and risk, and provide solutions for businesses and individuals.

Job responsibilities will include, but are not limited to, the following:

Banking

• Act as primary contact for all banking related matters- open new and manage active bank accounts,

online banking and related approvals.

• Oversee bank statement archiving needed to complete monthly reconciliations
• Provide periodic financial statements to partners, banks and investors, as required

AP/AR & Cash Flow Management

• Manage and reconcile corporate credit card programs across all entities.
• Review and maintain daily invoice record-keeping.
• Address inquiries of overseas accounting team with respect to AP & AR matters.
• Monitor AP balances, predict cash flows and propose invoices for inclusion in the weekly payment cycle.
• Oversee timely AR, aging and past due consignment customers and recommend changes.
• Perform monthly reviews of the stale invoices and/or credit balances and instruct accounting team on corrective action.
• Support and handle any finance related projects as needed.
• Oversee Amex Program Management

Month-End Reconciliation

• Oversee all bookkeeping and reconcile with various payment channels
• Provision of operational financial data to CPA.
• Generate and perform initial review of all sales & cost of goods sold reporting.
• Perform detailed shipping analyses and instruct monthly accrual amounts.
• Maintain monthly deferred revenue roll forward.
• Perform initial review of the monthly financial statements to include review of detailed balance sheet reconciliations.
• Creation and ownership of key reconciliations (Inventory, Sales Tax Payable, merchant accounts etc.).

Budget Forecast and Development

• Update of the actuals to the forecast.
• Prepare monthly budget to actual reporting.
• Provide ongoing oversight and ownership of budgeting for specific P&L line items (PR, professional services, T&E, etc.).

Year-End Audit and Tax Support

• Lead the coordination of the external audit of annual financial statements.
• Lead the coordination of tax and regulatory filings as needed.
• Manage the evaluation and implementation of new systems, processes, and controls, as appropriate.

Tax, Insurance and Legal Compliance

• Act as primary contact for all insurance, tax and compliance matters.
• Ensure timely filing of all local, state, and federal tax filings by authorized third parties including state registrations as needed.
• Keep tax jurisdiction listing current and update tax calendar for any internally performed filings.
• Maintain tax filing archive.
• Liaise with legal for corporate compliance and formation regulations
• Liaise with insurance and make sure all liabilities are fully covered and renewed year over year
• Monitor new and existing regulations to ensure compliance.

Desired Skills and Experience

• Bachelor's Degree in Accounting or Finance preferred, with a CPA a plus.
• Minimum of 3 years accounting experience.
• Prior experience with a Wholesale Apparel business is a major plus.
• Prior experience with many, if not most, of the required duties.
• Strong Excel skills and experience with financial and general ledger systems.
• Solid grasp and appreciation of internal controls and policies.
• Impeccable personal and professional integrity.
• Strong understanding of financial and accounting principles and systems.
• Strong process orientation and discipline.
• Team player with a "can-do" attitude and ability to work intensively with a full sense of ownership of the work product at all times.
• Strong analytical and communication skills.
• Ability to multi-task in a fast-paced environment.
• Ability to work independently.

Join us in our pursuit of better.

We have higher standards. We believe you should feel good about the jeans you put on your body. That’s why our innovative facilities are fully compliant with International Social, Environmental & Quality Standards. Plus, we’re committed to ethical practices, fair wages, reasonable hours, positive working conditions & career advancement opportunities for all our people. We’re doing right by the planet, and the people on it too.

Sustainability is the foundation of which we pride ourselves on. We are the future of fashion!

DL1961 offers a competitive & comprehensive benefits package inclusive of:

• Company sponsored Life & Disability benefits | Voluntary Benefits
• Associate Discount, Clothing Allowance & Sample Sales
• Paid holidays by the Company
• 401(K) – an investment for your future!
• Our Office Space is located in Soho!
• Summer Fridays
• Companywide events, outings, recognition programs, birthday celebrations & wellness initiatives

DL1961 is an Equal Opportunity Employer that considers applicants without regard to race, sex, religion, national origin, disability or protected veteran status.

Thank you for your interest in DL1961. We look forward to reviewing your application!