Job Description

One by one, we are leading a movement to a future where all beauty is clean beauty. We are powered by people, and our collective mission is to get safer products into the hands of everyone. Formulate, advocate & educate- that's our motto for creating products that truly perform while holding ourselves to unparalleled standards of safety.

Why? It's really this simple: beauty should be good for you.

The Inventory Accountant is responsible for implementing cost accounting methods and activities. Create and maintain control systems for inventory accuracy, own financial reporting and analysis. Manage month end close for our 3PL and Retail stores. Monitor inventory transactions, perform monthly reconciliations, oversee weekly cycle counts and lead year end physical inventories.

This position will report to the Director of Inventory while working closely with internal and external partners to ensure the highest level of inventory accuracy/integrity for raw materials WIP and finished goods.

REQUIREMENTS:

Accounting and Financial Reporting:

• Maintain standard material, labor and overhead costs
• Prepare journal entries and reconcile inventories to balance sheet
• Review and adjust inventory reserves in accordance with accounting policies
• Analyze gross margin, other cost of sales, inventory trends and turnover ratios
• Prepare audit schedules and footnote disclosures
• Support business unit and manufacturing groups with cost, and inventory analysis
• Assist in complying with Sarbanes-Oxley documentation and internal control requirements

Inventory Accounting and Control:

• Work with Manufacturing and Fulfillment to plan and conduct physical inventoriesReconcile physical inventories to SAP systems

• Monitor and audit global 3PL cycle count programs

• Coordinate weekly cycle counts and analyze inventory variances prior to making adjustments

• Perform 3PL inventory reconciliations

• Analyze excess and obsolete inventory and work with appropriate teams to manage waste

• Monitor GR/IR in SAP to ensure 3 way match of purchase orders, material receipts, and invoices

• Assist with overall inventory control to maximize available space at our 3PL’s

Reporting and Analysis:

• Validate GAAP and non-GAAP P&L results by performing detailed analysis of ‘cost of sales’ and related functional areas

• Support Product/Customer margin analysis by reviewing, correcting and reconciling SAP transactions that drive detailed corporate and business unit P&L reporting.

  • Reconciliation involves detailed analysis of business activity by P&L account, profit center and profitability segment (e.g. customer/product)

• Support the analysis of variance incurred during production and purchasing activities by comparing the basis for standard cost (info records, overhead rates from costing sheets)

Business Process:

• Ensure timely completion of month-end process for settlement of production orders, receipts and inventory levels

• Perform allocations on a monthly basis and ensure the results correctly reflect allocation logic

• Support the process of updating standard costs

QUALIFICATIONS:

• B.S. degree in Accounting, Information Systems, Economics, or related field preferred
• 3+ years professional cost accounting experience
• Strong SAP skills
• Microsoft office  (Excel, Word, Powepoint)

At Beautycounter we are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

#LI-TJ1