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Director, Inventory Accounting
#KeepGrowing with Nutrafol
Come grow with us. We’re a growing company. Everything we do, we do to help people grow into the best version of themselves.
As the pioneers of hair wellness, we create natural, clinically effective solutions for hair growth and provide support for people at every step of their hair journey. Our multi-factorial approach targets the root causes of hair thinning using a patented blend of medical-grade botanicals -- and is recommended by over 3,000 physicians and hair professionals for trusted, reliable results.
We never settle, and are continuously challenging existing treatments and methodologies to advance the frontier of hair science. As we help our customers grow, we grow too -- by embracing individuality and differences, leading by example, and empowering ourselves and others with our passion for wellness and innovation.
Keep growing. It’s our mantra. Our commitment to helping anybody and everybody committed to realizing their own potential to grow.
About You
We're seeking a Director, Inventory Accounting to join our team. You're a natural leader with a comprehensive understanding of the retail manufacturing arena, from inventory planning and replenishment, to high-level financial planning and analysis within a manufacturing or eCommerce company. You’re a highly analytical thinker who develops key strategies for sales and margin improvement, and processes that maximize inventory performance and reduce liability. You’re a passionate leader who builds teams and partnerships across divisions, both domestic and international.
In this role, you will determine operations and manufacturing strategies to ensure attainment of financial and strategic goals, translating strategy into tactics, priorities and resource requirements. Along with the Sr. Management team, develops short and long-range strategic plans to meet projected business growth.
Responsibilities:
Gross Margin analysis and reporting across multiple channels and at the SKU level.
Work with cross-functional team leads and leadership to establish priorities, understand scope, define and refine requirements around cost accounting, vendors, inventory management and systems, and liabilities.
Responsible for inventory related projects, while representing the team through company initiatives, including: managing the Inventory team, executing quarterly counts across 20+ warehouses, reporting and analytics, and supporting month-end close for the team
Utilize existing systems and understand how to develop reporting through new systems
Build out and implement plans for international expansion
Review and implement store and corporate procedures related to data integrity of billings, financial and replenishment inventory
Continually reports on inventory control risks and assist FP&A on forecast of returns reserve, and shortages
Lead the Inventory team on new processes and system implementations, acting as a subject matter expert in Reporting and Inventory and Control
Team responsibilities:
Ensure the reconciliation between the numerous Inventory Stock Ledger and the General Ledger are reconciled and the team documents and understands reconciling items
Ensure Inventory in Transit is properly calculated and booked
Ensure cycle count and full physical counts are properly accounted for and documented to support established SOX Control.
Performs analysis of cycle counts, physical counts and Marked Out of Stock (MOS) inventory adjustments, to support reserves and to identify and report trends to the appropriate teams.
Reviews and analyzes “returns” reserve
Responsible for delivering month-end closing financial entries to accounting
Update Sox Control narratives on Inventory and Revenue to ensure updated processes are appropriately documented
Requirements:
Bachelor’s degree in accounting or finance required.
CPA or CMA certification preferred
10 years experience in inventory/cost accounting, with a minimum of 5 years of recent experience in a manufacturing environment within a CPG/Retail/eCommerce company
5+ years of experience leading and coaching a team
Possess a strong understanding of manufacturing, retail operations, and inventory accounting within a company with 500+ sku’s, ranging between raw materials, WIP, to finished goods; international experience is a plus
Knowledge and experience with 3PL's
Demonstrated knowledge of ERP systems, such as MS Dynamics
Passion for coaching and leading teams
Strong analytical and problem solving skills
Previous experience with Quickbooks
Nutrafol takes into consideration a wide range of factors in final compensation decisions, including but not limited to: skill sets, experience and training, licensure and certifications, qualifications and education, and other business and organizational needs. The listed range is applicable only to the annual base salary and does not include additional perks, benefits, or applicable bonus eligibility comprising the total compensation package.
Salary Range:
$160,000—$175,000 USD
Perks & Benefits
Fully remote work experience
Comprehensive medical, dental, and vision package, including FSA program
401K with 50% match
Flexible PTO
Two company-wide wellness breaks every day
Free lunch on us every Tuesday and Thursday via Seamless/Grubhub
Monthly wellness stipend
Monthly internet stipend
Monthly cell phone stipend
Annual learning & development stipend
Wellness Program, including virtual Wellness Sessions & No-Meeting Wednesdays
Free meditation app membership (Headspace)
Free Nutrafol subscription
Pet insurance and benefit programs
California residents may review our CCPA notice here.
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