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Senior Accountant
Company | SKIMS |
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Location | Los Angeles, CA, USA |
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Salary | $85000 – $95000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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Requirements
- Minimum of 3-4 years of relevant work experience with prior knowledge of inventory management, preferably in the apparel industry
- Bachelor’s degree in Finance or Accounting
- Effective and professional communication skills, and project management skills
Responsibilities
- Responsible for the preparation of all accounting reporting and analysis related to inventory gross margin and product cost
- Work with production, logistics, and tech departments to establish accurate costing for all product styles and channels
- Monitor inventory balances and report on inventory adjustments as well as cost of goods sold
- Prepare and review monthly journal entries related to inventory and COGS to record inventory movements and accruals for inventory in transit
- As part of monthly close, ensure inventory are properly valued and reserved for under US GAAP, including evaluation of slow-moving, excess and obsolete inventory
- Prepare fluctuation analysis between budgeted, prior periods, and actual gross margins
- Prepare monthly reconciliations for all inventory related accounts and assist in developing various reports that suits the business growth
- Understand and document the company’s end-to-end inventory processes
- Maintain internal controls and assist in preparing the related information and proper documentation for auditors
- Oversee the 3-way match process and ensure timely resolution of issues
- Supervise off-shore resources to achieve accurate and timely data entry of daily transactions
- Assist with special projects and ad-hoc requests as necessary
Preferred Qualifications
- CPA Qualification Preferred
- Prior experience with NetSuite preferred