Controller

True Classic; Calabasas (CA); Hybrid; USD 180,000 - 225,000; Full time

Benefits offered by this job

True Classic merchandise allowance

Job summary

True Classic, based in Calabasas, CA, is seeking a Controller to own our global controllership across accounting, treasury, tax and compliance. You will ensure the integrity of financial statements, close the books accurately and on time, and build systems and controls to scale with our omnichannel business.

Reporting to the CFO, you will lead the accounting organization including an Assistant Controller, payables, payroll, staff accountants and offshore partners.

Qualifications

• Bachelor's degree in accounting or finance; CPA strongly preferred.
• 10+ years progressive accounting and controllership experience, including leading full-function in consumer products, retail or ecommerce.
• Deep inventory and cost accounting expertise: weighted average costing, landed cost, reserves, shrink and cycle counts.
• Experience building and managing hybrid teams across onshore and offshore resources, with strong communication.
• Strong cross-functional collaboration with supply chain, commercial, technology and people teams.

Responsibilities

• Own the integrity, accuracy and timeliness of financial statements across all entities and channels.
• Maintain full compliance with US GAAP and local statutory requirements in every jurisdiction.
• Produce channel-level P&L with product cost, duties, fulfillment and overhead.
• Own product costs and inventory valuation, including landed cost and variance analysis.
• Oversee revenue recognition across channels under ASC 606 and related policies.
• Direct treasury and cash management, including weekly forecasts and intercompany funding.
• Lead payables, receivables and payroll across the organization.
• Manage tax, audit and compliance, including filings and relationships with auditors.
• Drive internal controls, reconciliations and automation across the accounting stack.

Skills

Accounting leadership

US GAAP expertise

ASC 606 revenue

Intercompany accounting

Education

Bachelor's degree in accounting or finance

Tools

NetSuite

Job description

True Classic is hiring a Controller to own our global controllership function across accounting, treasury, tax and compliance. You will own the integrity of our financial statements, close the books accurately and on time, and build the systems, controls and team that let a fast growing omnichannel business scale without losing command of its numbers.

All of True Classic’s roles are global and omni-channel, leading designated areas of accountability across all product categories, countries, and sales and marketing channels. This role will have impact across DTC, retail, wholesale, marketplaces, and emerging channels, ensuring strategic alignment and executional rigor across the enterprise.

You will report to the CFO and lead the accounting organization, including an Assistant Controller, the payables and payroll functions, staff accountants and our offshore accounting partners.

Areas of Accountability

Financial Close and Reporting

• Own the integrity, accuracy and timeliness of financial statements across all entities and channels.
• Run the monthly, quarterly and annual close on a published calendar with a named owner for every task, and compress the close cycle over time.
• Maintain full compliance with US GAAP and local statutory requirements in every jurisdiction we operate in.
• Produce channel level profit and loss at real detail, down through product cost, duties, fulfillment and capitalized overhead.
• Partner with financial planning and analysis so actuals and forecast run off one set of numbers.

Inventory and Cost Accounting

• Own what our product costs and what our inventory is worth. Weighted average costing in NetSuite, landed cost across freight, duty and brokerage, and standard versus actual variance analysis.
• Set and defend reserve policy for obsolescence, shrink and markdown exposure.
• Own the accounting through a shift from FOB plus inbound freight to delivered duty paid terms, including the period where both bases run at once.
• Reconcile perpetual inventory to physical counts and warehouse systems to the general ledger across our distribution centers, third party logistics partners, marketplace fulfillment centers, retail stores and international partners.
• Set cycle count cadence and the monthly inventory close checklist with the operations and warehousing teams.

Revenue Accounting and Order to Cash

• Ensure revenue is recognized correctly across every channel under ASC 606.
• Tie every processor and marketplace settlement back to the bank at the transaction level, on a repeatable monthly process.
• Own the policies behind wholesale allowances, markdown participation, spoils, chargebacks, returns reserves, gift cards and loyalty.
• Own consignment arrangements and variable consideration with our wholesale and club partners.
• Own the reconciliation between ecommerce platforms, point of sale, marketplace settlement files, merchant of record arrangements for international, and the general ledger.

Treasury and Cash Management

• Own global cash management: daily positioning, liquidity, intercompany funding and banking relationships.
• Own the weekly cash forecast and the analysis behind it.
• Own the borrowing base certificate and the lender reporting package, delivered accurately and on schedule.
• Own merchant accounts, payment platforms and card programs.
• Drive working capital and capital efficiency alongside the CFO.

Payables, Receivables and Payroll

• Own procure to pay end to end: vendor master data, terms, approval workflow and exception based review, run from a single platform.
• Own receivables, credit control, aging and proactive collections across wholesale and retail.
• Own payroll accounting, equity accounting and employee expense reimbursement, and keep payroll tax registration and remittance current in every state we operate in.
• Keep data integrity between the human resources platform, the ERP and payroll.

Tax, Audit and Compliance

• Own sales tax, income tax and international tax filings, accurate and on time.
• Own duties and tariffs on everything we import, including deferral, drawback and refund exposure.
• Run the annual audit and statutory filings, and manage the relationships with auditors, tax advisors and consultants.
• Keep every legal entity registered, filed and in good standing.
• Own cap table accounting: equity grant issuance, vesting reconciliation, 83(b) filings and board resolution documentation.

Systems, Controls and Automation

• Serve as the accounting owner of NetSuite and every integration feeding it.
• Establish internal controls, reconciliations and audit ready documentation, and prove they work.
• Drive automation and standardization across the accounting stack rather than adding headcount to manual work.
• Deploy AI inside the accounting workflow and own the accuracy controls around it.

Team Leadership

• Lead, mentor and up-level the accounting team.
• Structure the function for the next stage of the business across full time, hybrid and offshore resources.
• Build a culture of ownership, accuracy and continuous improvement, where the team understands the numbers rather than producing them.
• Partner across supply chain, commercial, technology and people so accounting shapes how the operation runs, not just how it is reported.

Qualifications

• Bachelor's degree in accounting or finance. CPA strongly preferred.
• 10+ years of progressive accounting and controllership experience, with recent experience running a full function in consumer products, retail or ecommerce.
• Deep inventory and cost accounting expertise. Weighted average costing, landed cost across freight, duty and brokerage, reserves, shrink and cycle counts.
• Working command of duties and trade accounting, including duty deferral, drawback and refund exposure, and the difference between delivered duty paid and FOB plus inbound freight. Foreign trade zones or bonded inventory experience is a strong advantage.
• Proven order to cash ownership across marketplaces and wholesale, including settlement reconciliation and EDI customers.
• Deep technical accounting under US GAAP: revenue recognition, consolidations, intercompany and multi entity reporting.
• Hands on NetSuite expertise. You have implemented, rebuilt or materially improved it, and you can hold your own with a systems team.
• Proven experience leading treasury, payables, receivables, payroll and general ledger at scale.
• Demonstrated use of AI in accounting workflows, with a clear method for maintaining accuracy.
• Experience building and managing hybrid teams across onshore and offshore resources.

Preferred Qualifications

• Public accounting foundation combined with an operating record in industry.
• Systems thinker with a bias toward automation, standardisation and scale.
• Deep understanding of omnichannel dynamics across ecommerce, marketplace, retail and wholesale.
• Comfortable in a high growth environment where the process is still being built, and energized by fixing it.
• Strong communicator who can bridge accounting to the rest of the business.

Workplace Arrangement

This role is hybrid (3x week in office) based in Calabasas, CA.

Compensation and Benefits

• $180,000 - $225,000, dependent on experience + annual performance bonus
• 401(k) plan with 3% company match

Time Off

• Unlimited PTO and sick time

Health and Wellness

• Company-paid medical, dental, and vision insurance
• $100 per month Health and Wellness stipend
• Free Employee Assistance Program

Work and Growth Support

• $100 per month Personal Workspace/Office stipend

Perks

• $1,000 per year True Classic merchandise allowance