Senior Cost Accountant
Job Description
WHY JOIN ALO?
Mindful movement. It’s at the core of why we do what we do at Alo—it’s our calling. Because mindful movement in the studio leads to better living. It changes who yogis are off the mat, making their lives and their communities better. That’s the real meaning of studio-to-street: taking the consciousness from practice on the mat and putting it into practice in life.
OVERVIEW
We are seeking a highly skilled and driven Senior Cost Accountant to join our team. In this pivotal role, you will manage all aspects of inventory accounting, cost accounting, and inventory valuation for our large manufacturing entity. This includes managing monthly closing activities and working closely with our Business Technology Solutions group to enhance processes and reporting. We are looking for a motivated individual who thrives in a fast-paced environment, excels at managing multiple priorities, and is both a self-starter and a collaborative team player.
RESPONSIBILITIES
- Collaborate cross-functionally with business partners to ensure accurate monthly financial closing, including calculations and analyses of inventory balances, obsoletes, capital expenditures, margin analysis, operating expenses, and other inventory reserve accounts.
- Prepare detailed account analyses and balance sheet reconciliations for respective GL accounts and COGS reconciliation across all global operating entities.
- Continuously monitor inventory balances and report on inventory adjustments, as well as review and validate cost of goods sold (COGS).
- Review and explain month-to-month fluctuations on balance sheet and P&L statements.
- Prepare manual journal entries related to expenses and in-transit inventory accruals.
- Collaborate with the Logistics and Production teams to resolve inventory discrepancies by performing reconciliations against warehouse and system data.
- Work closely with the business operations and business systems teams to identify opportunities for process improvements and automation within the supply chain and inventory modules.
- Perform standard cost reviews and communicate changes to relevant teams.
- Understand and document the Company’s end-to-end inventory processes.
- Support year-end audits, including potential physical inventory counts at warehouses.
QUALIFICATIONS
- Bachelor’s degree in accounting, Finance, Economics, or a related field.
- 3+ years of cost analysis experience in a complex manufacturing environment, preferably in the apparel industry.
- Preferred knowledge of Cost Accounting, Supply Chain, and Operations.
- Expertise in standard costing and accounting principles.
- Experience with ERP systems that support manufacturing operations.
- Proficient in financial and operational controls.
- Proven experience in leading and implementing process improvements.
- Intermediate MS Excel skills (ability to maintain complex spreadsheets, use xlookup, sumif, pivot tables, etc.).
- Demonstrated ability to challenge conventional practices, use creativity and information to lead processes, innovate, problem-solve, and implement ideas to contribute to organizational growth.
The base salary range for this position is $90k - $110k per year which represents the current range for the base salary for this exempt position. Please note that actual salaries will vary based on factors including but not limited to location, experience, and performance. As such, on occasion and when applicable, there is the possibility that the final, agreed-upon base salary may be outside of the upper end of the range. Please also note the range listed is just one component of the company’s total rewards package for exempt employees. Other rewards may include performance bonuses, long term incentives, a PTO policy, and many other progressive benefits.
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Date Posted
11/16/2024
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