Senior Manager, Inventory Accounting

#KeepGrowing with Nutrafol

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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

In this hands-on role, the Senior Manager, Inventory Accounting will lead a team of Inventory accountants with a focus on operations accounting, including inventory, manufacturing, procurement and distribution) and related financial analyses/operational KPIs. The ideal candidate is a self-starter with a thorough knowledge of accounting, commitment to continuous improvement, strong initiative, attention to detail, and a willingness to work in a collaborative team environment are skills that will support a high level of success in this position. This role reports to the Vice President of Inventory Accounting.

Responsibilities

• Direct monthly close activities and reconciliation of inventory, ensuring third-party partners adhere to reporting requirements

• Validate inventory and input into general ledger/inventory sub-ledger; including reviewing reserves for excess, slow moving, obsolete, expiring and other at-risk inventory

• Maintain accurate inventory master data through the establishment, maintenance and ongoing audit of processes related to bill of materials and inventory set-up

• Develop, analyze and interpret statistical and accounting information to improve measurements and understanding of third-party partner performance (e.g., yield loss), inventory management (e.g., days on hand, procurement savings) and gross margin

• Coordinate with Supply Chain/Operations management on physical inventory counts and assess the financial controls/procedures, participate in audits and evaluate results

• Oversee assigned general ledger account reconciliations and detailed account analyses to ensure the integrity of the general ledger accounts

• Identify, develop and implement process improvements to drive continued department efficiency and accuracy.

• Manage and develop a team, providing routine direction, feedback, coaching and support to ensure accurate and timely performance of duties in accordance with the departmental responsibilities/objectives. 

• Ensure proper cross training and adequate desktop procedures across the team & partners

• Perform ad hoc financial analysis and participate in projects as directed by senior financial management (e.g., ERP implementation, initiative tracking)

Requirements

• Bachelor’s degree in Accounting or Finance

• 6-8 years of finance/accounting experience within a CPG/Retail company

• 5+ years operational support experience (supply chain, manufacturing, or inventory)

• 3+ years of managerial experience 

• Exceptional communication skills and the ability to adeptly engage with various stakeholders

• Strong sense of ownership, proactive approach, and inquisitive mindset

• Problem-solving enthusiast; unafraid to challenge the status quo and seek continuous improvement

• Superior organizational and time management abilities

• Proficiency with Microsoft Excel

• Experience with ERP applications

Preferred:

• Previous experience with Quickbooks and Microsoft Dynamics

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:

$120,000—$140,000 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.