Accounting Manager

CULT GAIA; Los Angeles (CA); On-site; USD 75,000 - 100,000; Full time

Benefits offered by this job

401K with company match

Life Insurance

Pet Insurance

PTO

Clothing Allowance

Medical insurance

Vision insurance

Job summary

A leading fashion company in Los Angeles seeks an Accounting Manager to oversee the accounting function, manage accounts receivable, and ensure compliance with financial standards. The ideal candidate should possess a BS in Accounting or Finance, with 5-7 years of relevant experience in a retail or product setting. Strong analytical and communication skills are essential for success in this full-time position. This role includes competitive benefits like a 401K match and health insurance.

Qualifications

• 5-7 years of experience in an Accounting role at a retail, product, or fashion company.
• Experience with financial management tools such as ERP systems.
• Solid understanding of basic accounting principles.

Responsibilities

• Manage accounts receivable; minimize aged receivables.
• Prepare monthly, quarterly, and annual financial reports.
• Oversee and lead the accounting function ensuring compliance with GAAP.

Skills

Communication skills

Data entry skills

Analytical skills

Attention to detail

Education

BS in Accounting, Finance or Business

Tools

ERP systems (NetSuite)

Microsoft Excel

Job description

The Accounting Manager has exposure across the entire accounting function with the opportunity for continuous growth and responsibility. Specific day-to-day responsibilities include, but not limited to, overseeing accounts receivable, and reconciling credit card transactions, accounting management, cash flow, in addition to other related duties under the guidance of the CFO. This role will work independently and will partner with Sales and Planning Departments. This position reports into the CFO.

KEY RESPONSIBILITIES:

Manage Account Receivables

• Manage accounts receivable including maintaining A/R aging report and reviewing status weekly with the Senior Finance Team Member.
• Manage and minimize aged receivables by actively reaching out to customers for payment.
• Perform full cycle A/R activities; initiate continued collection efforts on delinquent accounts.
• Work on monthly GL close activities to ensure all A/R transactions are accurately recorded.
• Assist in managing all aspects of the specialty accounts. Functions include but are not limited to credit release, applying discount, and extension of orders.
• Communicate with customer A/P departments to request records.
• Validate chargebacks and dispute and track unearned discounts.
• Reconcile invoice details against warehouse shipped reports.
• Process accounts and incoming payments in compliance with financial policies and procedures.
• Preparing credit memos, invoices, and bank deposits.
• Prepares customer billings based on sales activity, reviews credit balances, refunds, adjustments, and claim denials; reconciles, corrects, and applies adjustments to billing records.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Responsible for reconciling various bank accounts.
• Work with the Sales team for chargeback validation.
• Communicate order’s status to Sales and other departments as needed.

Accounting Management

• Operational Accounting: financial statements, consolidations, reconciliations accounts payable, fixed assets, payroll, accruals.
• Oversee and lead the accounting and finance function ensuring compliance with GAAP.
• Prepare monthly, quarterly, and annual financial reports, budgets, and forecasts.
• Support and participate in the entire month-end close process.
• Consistently evaluate business process improvements, prepare financial data, and maintain internal controls.
• Develop metrics and KPI’s to move the business forward and identify any problem areas.
• Communicate with clients by email and phone to expedite payment of invoices and prepayment orders due.

QUALIFICATIONS/REQUIREMENTS:

• BS in Accounting, Finance or Business or related field required.
• 5-7 years of experience in an Accounting role at a retail, product, or fashion company.
• 5 years of experience with a financial management tool such as ERP systems such as NetSuite.
• Strong written and verbal communication skills.
• Experience in customer service negotiation and communication.
• Data entry skills with strong attention to detail and accuracy.
• Advanced skills in Microsoft Excel.
• Bachelor’s degree in finance or accounting.
• Solid understanding of basic accounting principles; and experience posting and managing accounting metrics.

KNOWLEDGE, SKILLS, ABILITIES:

• Strong ability to handle confidential information.
• Analytical and problem-solving skills.
• Must be a motivated self-starter able to work effectively with limited supervision
• Must be proficient in MS Office (Word, Excel, PowerPoint) required.
• Excellent verbal, written, and interpersonal communication skills.
• Dependable, great attitude, highly motivated and a team player.
• Possess strong organizational skills and attention to detail.
• Ability to multi-task and meet multiple deadlines.
• Ability to communicate effectively across various departments.
• Ability to work in a changing environment.

WHAT WE OFFER:

• 401K with company match
• Life Insurance
• Pet Insurance
• PTO
• Clothing Allowance

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

• Industries

  Retail Apparel and Fashion

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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