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Away // travel brand & luggage
Sales, Full Time    New York City    Posted: Wednesday, September 29, 2021
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Away is looking for an experienced Senior Accountant to join the team at HQ. This position will be instrumental in our monthly close procedures & in helping design & implement processes that align with the rapid growth of the company. The role will specialize in inventory cost accounting, bridging the gap between the operations & inventory management teams & the accounting team, & will manage the financial control over inventory, including maintaining & analyzing standard costs, reviewing inventory adjustments, & analyzing inventory valuation. The ideal candidate has 3-4 years of accounting & inventory experience & is interested in learning about scaling a fast-paced consumer brand. This position, remote for now, will be based out of our headquarters in SoHo, & reports to our Inventory Accounting Manager.

What youll do:

  • Perform monthly close activities related to inventory, including reconciliation of GL to subledgers across all locations & entities 
  • Maintain standard costs of inventory for all SKUs, including the standard purchase price of all purchased SKUs (raw & finished) & the bill of materials for all manufactured SKUs, including those manufactured outside of the system
  • Perform quarterly analysis of standard cost vs. actual purchase price & standard BOM cost vs. actual manufactured cost, & provide explanations for significant variances, as well as propose & execute updates to standard costing
  • Work with product development & purchasing department on developing standard cost of all new purchased SKUs & developing standard BOM for all manufactured SKUs
  • Develop & maintain standard transfer pricing for SKUs which are sent internationally, to ensure proper valuation (cost plus freight, insurance, etc.) & to ensure our customs declarations reflect an accurate valuation
  • Manage accounting for all landed costs (freight, duties) including allocating through standards & analyzing/allocating actuals
  • Ensure operations team maintains control over inventory quantities at all locations, including working with operations & warehouse teams to develop processes & controls for internal & external locations
  • Develop & execute a review policy for inventory adjustments 
  • Manage the reconciliation of inventory in transit & accruals for goods received but not invoiced
  • Analyze inventory aging reports & review potentially excess & obsolete inventory, & maintain proper inventory reserves. Oversee the financial control over disposal & write-off of inventory
  • Support the implementation of an ERP system
  • Assist with audit requests, such as preparing supporting documentation & schedules 
  • Maintain process documentation & look for opportunities to automate & improve daily account processes 
  • Build & present ad-hoc reports to support monthly analyses as needed 
  • Provide support to Senior Management with audits, special inquiries, projects & ad-hoc analysis. 

Who you are:

  • BS/BA in Accounting or a related field, CPA preferred 
  • 3-4 years of accounting experience, preferably with a mix of public & private experience (bonus points for experience at a high-paced startup & international accounting experience)
  • Retail and/or Consumer product industry experience is required
  • Must have understanding of internal controls over inventory, including physical counts, cycle counts, inventory adjustment reviews, etc.
  • Experience in cost accounting and/or ops finance, including understanding COG structure, building & maintaining BOM & standard costs, allocating & tracking landed costs like freight & duties, analyzing PPVs & booking inventory & COG adjustments
  • Exposure to effective inventory management systems (ERP, excel models, etc.) which enabled proper inventory control
  • Ability & desire to deep-dive into details with minimal information provided
  • Excellent verbal & written communication skills with management, direct co-workers, as well as other departments 
  • Self-motivated, detail-oriented with strong organizational & time management skills 
  • Demonstrates flexibility & adaptability in a change-oriented environment
  • Enthusiastic & eager to learn & problem solve, including taking initiative to propose solutions
  • Advanced Excel skills
  • Experience with Netsuite & Looker a plus
  • You can show proof of COVID-19 vaccination & adherence to HQ COVID office policies using Bindle, a secure platform that verifies vaccination status without sharing private health information, within 30 days of hire
Youll love working at Away because:
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