Inventory Accounting Manager

OVERVIEW
Manage all aspect of inventory accounting, cost accounting and inventory valuation for a large manufacturing entity. This would include responsibility for all monthly closing activity and margin analysis. An additional crucial aspect of the job will be to work with our IT group on process/reporting improvements.

RESPONSIBILITIES  

• The Inventory Accounting Manager reports directly to the Director of Merchandise Accounting and is responsible for all accounting, reporting and analysis related to inventories, gross margins, and standard costs
• The Inventory Accounting Manager must be able to work with multiple departments including the Product Development, Logistics, Sourcing and Sales
• 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 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

QUALIFICATIONS

• Effectively communicate clearly, professionally, politely and persuasively in all situations; respond well and in a reasonable, timely manner
• Challenge conventional practices and use creativity and information to lead, innovate, problem solve, and implement ideas to contribute to the growth of the organization
• Collaborates with co-workers to achieve common goals
• Minimum of 10 years of cost analysis experience in a complex manufacturing environment, preferably in the apparel industry
• Bachelor’s degree in Finance or Accounting
• Strong cost systems background
• Excellent analytical skills
• Sound understanding of accounting principals
• Exceptional project management skills and presentation skills
• Experience with implementing ERP systems that support manufacturing
• CPA qualification preferred

• Generous employee discount for Bella+Canvas, Alo Yoga
• Free membership to Alo Moves, with access to hundreds of streaming fitness and yoga classes with top instructors
• Competitive medical, dental and vision plan options, and enhanced additional benefits such as free virtual access to mental health providers and new parent support for employees and dependents
• 401K with company matching
• Free treats, all day, every day in office! Stay fueled with complimentary cold brew, kombucha, and healthy snacks.
• Daily yoga classes at HQ taught by some of the best yogis in the world in addition to an onsite gym equipped with best-in-class equipment

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Seniority Level: Mid-Senior Level

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