Accounting Manager

Foster McKay; New York (NY); Hybrid; USD 110,000 - 140,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) retirement plan with company 
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Generous paid time off and holidays

Hybrid work environment

Company-paid life insurance and long‑/

Disability coverage

Employee assistance program (EAP)

Commuter benefits

Merchandise discounts

Job summary

Foster McKay in Brooklyn, NY, seeks an Accounting Manager to lead inventory accounting, AP, and the financial close process with a focus on controls and process improvements. The role involves supporting audits, system enhancements, and AI initiatives within a collaborative, high-performing team environment.

The position is based in our Brooklyn office with a hybrid schedule, offering leadership over the accounting function and opportunities to drive automation and efficiency across the finance

Qualifications

• Minimum 5+ years progressive accounting experience in retail or inventory environments.
• Strong knowledge of inventory accounting, AP, and close processes.
• Experience supervising staff and supporting audits is preferred.
• Advanced Excel skills and ERP system experience required.

Responsibilities

• Lead monthly, quarterly, and annual close with journal entries and reconciliations.
• Oversee inventory accounting, AP, and lease accounting functions.
• Support audits, internal controls, and policy documentation.
• Drive process improvements and system enhancements including AI initiatives.
• Supervise accounting team and manage workload to meet deadlines.
• Collaborate in cross-functional meetings for reporting needs.

Skills

Accounting proficiency

Financial close process

Analytical thinking

Communication skills

Team supervision

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Great Plains

Microsoft Excel

ERP/accounting systems

Job description

We are seeking an Accounting Manager to join our Accounting & Finance Team reporting to the Vice President of Finance & Accounting. This role will oversee the day-to-day operations of the AP function, with a primary focus on inventory accounting, accounts payable, lease accounting, audit support, and the financial close process. This role also plays a key part in process improvement initiatives, system enhancements, AI implementation and strengthening internal controls to support the Company’s continued growth while contributing to a collaborative, high-performing, and values-driven workplace.

This position is primarily based in our Brooklyn office and follows a hybrid schedule.

About the Job

Essential Functions

• Assist in managing the monthly, quarterly, and annual financial close process, including review of journal entries, account reconciliations, and supporting schedules.
• Ensure accuracy, completeness, and timeliness of financial reporting deliverables and support preparation of financial reports and analysis for management.
• Manage and oversee inventory accounting, including reconciliations, reserves, aging, excess and obsolescence analysis.
• Analyze inventory trends and variances and ensure inventory accounting complies with applicable accounting standards and company policies.
• Oversee the Accounts Payable function to ensure timely and accurate invoice processing and payments.
• Oversee lease accounting and ensure compliance with applicable accounting guidance.
• Support annual financial statement and state audits, including preparation of audit schedules, responding to audit requests, and assisting with internal controls and accounting policy documentation.
• Lead AI Initiatives for the Accounting and Finance function.
• Identify and implement process improvements to strengthen internal controls, improve reporting efficiency, and reduce manual processes.
• Assist in developing accounting policies and procedures and support system implementations, upgrades, and automation initiatives.
• Assist in overseeing the daily workflow and performance of the accounting team, including Accounts Payable and lease accounting.
• Review work prepared by team members, provide training and guidance, and assist in prioritizing workloads and meeting deadlines.
• Support employee development, cross-training, documentation, and process improvement initiatives.
• Participate in cross-functional meetings to support business initiatives and financial reporting needs.
• Assist with special projects, financial analysis, and reporting as needed.
• Perform other duties as assigned based on business needs.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Skills & Requirements

• Minimum 5+ years of progressive accounting experience, preferably in retail or inventory-based environments.
• Bachelor’s degree in Accounting, Finance, or related field preferred.
• Strong knowledge of inventory accounting and financial close processes.
• Experience overseeing Accounts Payable and/or staff preferred.
• Advanced Microsoft Excel skills required.
• Experience with ERP/accounting systems such as Microsoft Great Plains or similar systems.
• Strong analytical and problem-solving skills.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities and meet deadlines.
• Strong written and verbal communication skills.
• Ability to work both independently and collaboratively.
• Demonstrated ability to identify process improvement opportunities and implement solutions.
• Prior experience in a supervisory or lead role preferred.

Benefits at a Glance

• Comprehensive medical, dental, and vision coverage.
• 401(k) retirement plan with company match (eligibility based on hours worked).
• Generous paid time off and paid holidays.
• Hybrid or flexible work environment (role-dependent).
• Company-paid life insurance and disability coverage.
• Optional Critical Illness and Accident insurance.
• Employee Assistance Program (EAP).
• Clothing allowance and generous discounts on our merchandise.
• Bonus opportunities may be available based on role and are not guaranteed.
• Employee referral incentives and commuter benefits.