We are a New York–based apparel company operating across multiple channels: wholesale distribution to U.S. retailers, third-party marketplaces (Amazon, Walmart, and others), and direct-to-consumer eCommerce websites. The product is sourced and imported from overseas manufacturers.
About the Role
We are seeking a hands-on Financial Controller who understands the mechanics of the import apparel business — landed cost, retailer deductions, marketplace settlements, and multichannel inventory — and can own the accounting function end-to-end.
Responsibilities
- Own the full monthly, quarterly, and annual close, delivering accurate financials within a defined timeline.
- Prepare GAAP-compliant P&L, balance sheet, and cash flow statements, consolidated and broken out by channel (wholesale, marketplace, DTC).
- Maintain the general ledger, chart of accounts, journal entries, accruals, and reconciliations.
- Produce channel-level and SKU-level margin analysis so leadership can see true profitability by product and by sales channel.
- Build and maintain management reporting, KPIs, and variance analysis against budget and prior year.
- Import & Landed Cost Accounting
- Account for the full landed cost of imported goods — FOB cost, freight, duty, tariffs, brokerage, insurance, and drayage — and allocate accurately to inventory and COGS.
- Manage foreign supplier payments, letters of credit, wire transfers, and open-account terms; track vendor deposits and balances.
- Monitor foreign exchange exposure and account for FX gains/losses.
- Reconcile customs entries and duty payments; stay current on tariff/HTS classifications and their cost impact.
- Wholesale / Retail Accounting
- Manage accounts receivable across retail accounts, including factored receivables and credit insurance where applicable.
- Own the retailer chargeback and deduction process — markdown allowances, co-op advertising, compliance/violation fees, shortages, and returns — including validation, dispute, and recovery.
- Reconcile against EDI and retailer portals; track and resolve unauthorized deductions.
- Coordinate with the factor (if applicable) on funding, credit approvals, and remittances.
- Marketplace Accounting
- Reconcile marketplace settlements (Amazon, Walmart, etc.), including referral fees, FBA/fulfillment fees, storage, advertising, refunds, and reserves.
- Ensure marketplace revenue, fees, and inventory (including FBA/MCF) are correctly recorded and reconciled to bank deposits.
- Track marketplace-specific profitability net of all fees.
- DTC eCommerce Accounting
- Reconcile Shopify (or comparable platform) orders, payouts, payment processor fees, and chargebacks.
- Manage revenue recognition, gift cards/store credit, and returns reserves for online retail.
- Reconcile payment gateways (Stripe, PayPal, Shop Pay, etc.) to the GL.
- Inventory & Cost Control
- Own multichannel inventory accounting and valuation across warehouses, 3PLs, and marketplace fulfillment centers.
- Maintain perpetual inventory integrity, cycle counts, and physical inventory reconciliation.
- Analyze inventory aging, shrinkage, and markdowns; support open-to-buy and inventory planning with financial data.
- Treasury, AP & Cash Management
- Manage cash flow forecasting and daily/weekly cash positioning across channels and entities.
- Oversee accounts payable, vendor terms, and payment timing.
- Manage banking relationships, credit facilities/lines of credit, and covenant reporting.
- Administer or oversee payroll and related filings.
- Compliance, Tax & Audit
- Coordinate sales tax compliance and economic nexus across states (critical for marketplace and DTC).
- Support income tax preparation with outside CPAs; manage 1099s and related filings.
- Serve as primary contact for external accountants, auditors, factors, and lenders.
- Design, document, and enforce internal controls and accounting policies.
- Systems & Process
- Own the accounting/ERP system and its integrations with Shopify, marketplaces, EDI, and 3PLs.
- Identify and implement automation and process improvements to scale the finance function.
- Ensure clean data flow between sales channels and the GL.
Qualifications
- Must have direct apparel industry experience (apparel, footwear, or accessories) in an import/wholesale environment — this is a hard requirement, not a preference.
- Bachelor's degree in Accounting, Finance, or related field.
- 5+ years of progressive accounting experience, with 3+ years in a controller or senior accounting role.
- Direct experience in the apparel, footwear, accessories, or consumer goods industry — import/wholesale strongly preferred.
- Demonstrated expertise in landed cost/import accounting and inventory-heavy businesses.
- Must have hands-on experience working with a factor — managing factored receivables, credit approvals, funding, remittances, and the day-to-day relationship with the factor.
- Hands-on experience with retailer deductions and chargebacks (markdowns, co-op, compliance fees, shortages).
- Experience reconciling marketplace (Amazon/Walmart) settlements and eCommerce (Shopify) payouts.
- Strong command of GAAP, month-end close, and full-cycle accounting.
- Advanced Excel; proficiency with an ERP (e.g., Microsoft Dynamics 365 Business Central, NetSuite, or comparable).
- Excellent analytical, organizational, and communication skills; able to translate numbers into business decisions.