Accounting Manager - Up to $175k + bonus & Equity

Vaco Recruiter Services; Los Angeles (CA); Hybrid; USD 148,000 - 175,000; Full time

Job summary

A growing wellness and apparel brand in Los Angeles is seeking an Accounting Manager to oversee accounting and reporting for inventories and COGS. The role requires 5 years of accounting experience, a Bachelor's degree, and preferably a CPA. The company offers a competitive base salary up to $175k, bonuses, health insurance, and numerous perks including gym reimbursement and company retreats.

Benefits

Fully paid health insurance

Daily lunches

Gym reimbursement

Generous 401k matching

Company product discounts

Company retreats

Qualifications

• 5 years of experience in an accounting role, preferably in Big 4 or National PA firm.
• Prior experience with inventory and COGS / costing is essential.
• CPA preferred.

Responsibilities

• Responsible for all accounting and reporting related to inventories and COGS.
• Work with departments to establish accurate standard costs.
• Prepare monthly journal entries related to inventory.
• Monitor inventory balances and report on adjustments.

Skills

Accounting principles

GAAP

Cost accounting

ERP systems

Education

Bachelor's degree in accounting, finance or economics

Job description

Our client is a growing wellness and apparel brand that exceeds $300M in revenue. They are seeking an accounting manager to join their growing team that is a self-starter and well-versed in GAAP.

Comp Details

• Up to $175k base
• 15% bonus + ESOP

In-office: 3 days a week in South LA

What you’ll be doing:

• Responsible for all accounting, reporting and analysis related to inventories, gross margins, and standard costs
• Work with Product, Sourcing and Logistics departments to establish accurate standard costs for all product styles
• Work closely with Sales leadership (both domestic and international) and Category Managers to provide costing information on new and existing products so that these teams can establish product pricing that achieves targeted margin metrics for both the product category and the Company overall
• Continuously monitor inventory balances and report on inventory adjustments as well as cost of goods sold (COGS)
• Prepare and/or review monthly journal entries related to inventory and COGS to record inventory movement, accruals for inventory in transit and amortization of capitalized variances
• In conjunction with the monthly financial close, ensure that inventories are properly valued and appropriately reserved under US GAAP (including an evaluation of slow moving, excess and obsolete inventories), liabilities related to inventory purchases are properly stated, gross margins are accurate and any significant variances between budgeted and actual margins are investigated and explained to management
• Prepare and/or review monthly reconciliations for all inventory related accounts across all global operating territories
• Understand and document the Company's current end to end inventory processes
• Act as primary finance liaison in physical inventory counts, review monthly cycle count results, and investigate variances as needed
• Establish and maintain inventory and COGS related internal controls and assist in preparing inventory and COGS related information for both internal and external auditors
• Monitor low margin, slow moving inv., and provide related financial reporting to relevant departments so that appropriate actions can be taken

What you’ll need:

• 5 years of experience in an accounting role, Big 4 or National PA firm preferred | Combination of private and public accounting experience is great.
  • Prior experience with inventory and COGS / Costing is a must
• CPA preferred. Bachelor’s degree in accounting, finance or economics required.
• Experience with costing ERP systems

What’s in it for you:

• Wide variety of perks including: fully paid health insurance, daily lunches, gym reimbursement, generous 401k matching program and company retreats | Company product discounts
• Ability to work directly with executive leadership and have visibility to upper-level management (CFO and SVP of Finance)