Senior Manager, Plant & Cost Accounting

CRAFT MEETS COMFORT. At Resident, we believe your living space shouldn’t just look good, it should feel good. That’s why we’ve created a house of brands that focuses on quality materials, timeless style, and most importantly, comfort. Our current brands include the award-winning Nectar, DreamCloud, Awara, and Siena products, and we continue to invest in new categories to broaden our offering and address our customer's needs.

Since our inception in 2017, Resident has become one of the fastest-growing, scaled, and profitable omnichannel retailers in North America. We are a disruptor in the broader home furnishings category underpinned by deep and proven expertise in data science & analytics, performance marketing, and e-commerce technology. As our business continues to grow, we are focused on building world-class retail, finance, operations, logistics, data science, performance marketing, and customer success-driven teams that thrive in a modern work environment.

At Resident, our staff is dedicated to the values of Excellence, Customer Love, Big Thinking, Inclusivity, and Forward Momentum.

This position is on-site at our Plant in Jeffersonville, IN. To be considered for this position, you must reside within commuting distance to our Plant. 

What you’ll be doing:

• Account for inventory under US GAAP and in accordance with company accounting policies
• Prepare and/or review monthly inventory-related journal entries 
• Perform and/or review monthly balance sheet account reconciliations
• Perform flux analysis on respective balance sheet and P&L accounts
• Achieve completion of all month/quarter/annual close processes timely and in adherence to close calendar
• Collaborate with Technical Accounting on appropriate accounting for inventory transactions
• Partner with FP&A on budget/forecast and close results related to the plant
• Design, document, implement, and execute internal controls to ensure inventory is adequately safeguarded and accurately reported
• Support external audit by providing timely and accurate support schedules as requested
• Continuous evaluation and identification of process improvements
• Cultivate strong partnerships with Accounting, Finance, Supply Chain/Operations, plant management, and other functions
• Maintain accurate and reliable manufacturing inventory records for raw materials, work-in-process, and finished goods
• Partner with Supply Chain/Operations on developing/revising processes and policies consistent with third party warehouse locations
• Support and observe physical inventory processes and counts in accordance with company policies and procedures
• Perform inventory analysis at SKU level to determine appropriate methodologies and reserves for shrink and excess/obsolete/slow-moving inventory
• Partner with plant operations to develop and update standard labor and overhead rates
• Set up bill of material and labor routings and perform periodic audits to ensure product costs correctly reflect production operations
• Perform analysis of COGS accounts for the plant and provide insight into account details and drivers of change
• Prepare and analyze monthly operational reports, including material, labor, and overhead efficiency and productivity costs compared to plan
• Review and analyze manufacturing cost variances and provide insight into root cause and recommendations of corrective actions
• Coordinate labor tracking with plant management to minimize and/or address labor variances
• Observe plant operations regularly to stay current on manufacturing process and costs
• Collaborate with plant management and operations on identifying and quantifying areas of cost savings in the manufacturing processes
• Attend regular plant meetings and collaborate with plant operations regarding continuous process improvements initiatives
• Identify and quantify areas of cost savings in manufacturing processes
• Conduct ad hoc analysis and tasks related to factory cost savings opportunities
• Handle special projects related to technology, systems, automation, new initiatives, or other requests

Skills/Competencies:

• Highly self-directed individual, with proven success in a rapid-growth, fast-paced, and dynamic environment
• Accountable to content of work product and meeting deadlines
• Ability to multi-task with strong sense of urgency
• Excellent verbal and written communication skills
• Collaborative with others at all levels within and outside Finance
• Self-motivated, proactive, and inquisitive
• Ability to work independently without a lot of guidance
• Strong organization skills and attention to detail
• Excellent work ethic
• Results-oriented 
• Ability to turn a thought into execution
• Process mindset with continuous improvement mentality 
• Analytical and problem-solving skills
• Experience with developing, implementing, and executing effective internal controls
• Comfortable with change and quick leaner of new skills, processes, tools, and accounting concepts 
• Strong computer skills, including proficiency in Excel (pivot tables, lookups, etc.)

Qualifications:

• Bachelor’s or Master’s degree in Accounting from an accredited university
• CPA or CMA (or path to one of these) required; MBA a plus
• 10+ years of work experience in  Accounting roles; Supply Chain experience a plus 
• Experience in manufacturing and inventory cost accounting required 
• Knowledge of US GAAP and internal controls
• Big 4 and or public company experience preferred
• NetSuite experience a plus

What we offer:

• Competitive salary
• Annual bonus potential
• Health, Vision & Dental Insurance
• HSA company contributions
• 401K with company match component
• “Take what you need” PTO
• Wellness benefits
• WFH office and cell phone/internet stipend
• A FREE MATTRESS plus an awesome Friends and Family discount!

If you reside in a state or location where pay transparency laws or regulations have been adopted please read the following: The salary for this position is $144,000 - $160,000. We carefully consider a wide range of compensation factors, including your background, skills, qualifications, experience, geographic location and other non-discriminatory factors. These considerations can cause your compensation to vary. [Additionally, this role might be eligible for discretionary bonuses or commission payments]. For more information regarding the pay range applicable for this position, please contact us at [email protected]

Resident is a privately-held company headquartered in San Francisco, CA, with offices in New York City, London, Tel Aviv, and manufacturing operations in Jeffersonville, IN.  Learn more at: https://www.residenthome.com

Resident is committed to a policy of equal employment opportunity, and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin, ancestry, sex, gender, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, gender expression, marital status, or any other legally recognized protected basis under federal, state, or local law.

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