Stella & Dot Job Type: Full-Time - Exempt Category: Finance City: San Bruno , CA
Inventory Accountant REPORTING
Reports to Inventory Manager LOCATION San Bruno, CA
Stella & Dot, one of Inc 500’s fastest growing companies ( http://www.inc.com/inc5000/profile/stella-dot ), and backed by Sequoia Capital and Radar Partners, is a billion-dollar global brand in the making. Join a world-class, hyper growth company with a seasoned executive team. Stella & Dot, one of INC 500’s fastest growing companies (rank 67) is a dynamic boutique style jewelry company with unlimited opportunity. Stella & Dot’s innovative business model combines the best of social selling of luxury goods with e -commerce, retail merchandising and social media. Our mission is to revolutionize entrepreneurial opportunities for women (and a few good men) by reinventing the category and creating the modern business opportunity, our Social Selling platform. We’ve already created over 16,000 dream jobs that help each of our independent sales entrepreneurs, whom we call Stylists, live more bold and joyful lives. Our Stylists earn meaningful income by selling our irresistible line of jewelry, both online and in person. Stella & Dot is a profitable, cash flow positive, debt-free, dynamic and rapidly growing company with unlimited opportunity. Stella & Dot has been featured been featured on CNBC’s Power Lunch, in the New York Times, the Wall Street Journal, on The View, The Today Show, and in countless fashion magazines such as InStyle and Lucky. Visit us at www.stelladot.com . JOB MISSION Your job as an Inventory Accountant is to take initiative and creative thought to a new level in accounting. You’ll be the right-hand person to our Inventory Manager, and help with processes ranging from the creation of new SKUs with our Inventory Planning Department, tracking receipts/ shipments/ sales of our products, entering in data to our accounting system, and assisting with month-e nd reconciliations of inventory located in our warehouses in the US, Canada and Belgium. We are seeking a person who is energetic, passionate and motivated. Takes direction and can also work very independently, taking responsibility for tasks, deliverables and deadlines. Gets “out of the chair” to work with other team members within Finance, and with other departments to collaborate and provide assistance to our team. Friendly, cheerful, personable, team oriented – a perpetual optimist. Absolutely flawless communications both orally and in writing- no grammatical mistakes. Meticulous about spreadsheets and can find the error of $.01 when needed. Loves our product, our brand, our manifesto and our mission and would “fall on the sword” when representing our company to others. Innovative, creative and takes problem-solving to a whole new level. Doesn’t mind, and actually loves, getting hands into details and working with enormous volumes of data. PRIMARY JOB RESPONSIBILITIES
Management of inventory and cost, month-end closing, journal entries preparation, inventory valuation, inventory roll forward, etc.
Reconcile inventory, receivables, revenue and COGS accounts to general ledger.
Monitor systems to assure timely inventory transaction costing in accordance with company accounting policy
Work closely and proactively with various groups in US as well as the European team to assure that inventory transaction flows smoothly and the accounting is consistent with financial and management reporting.
Maintain internal control documentation and test internal controls for revenue and inventory
Assist Accounting team in liaison with external auditors on any issues related to inventory
Assist in creation, writing and testing of “Process & Procedure” documents created in the Finance Department, giving feedback and offering suggestions to improve existing procedures
Maintain item setup and assist Inventory Planning team with purchase order creation in our GL system.
Ensure adequate control and reporting mechanisms are implemented in order to maintain the integrity of the revenue and revenue related items
Quality assurance activities during closing cycle to validate revenue reported numbers
Ensure compliance with accounting policy as it relates to the recognition of revenue, including imbalances and deferred income
Champion and drive process improvement initiatives to improve team efficiency and global standardization
Contributes to forecasting process and analyzes any variances between budgeted amounts and actual results in relation to revenue and gross margin
Specifically, you should have:
BA/ BS in Finance or Accounting, Business Administration or related field
Proficient with Microsoft Office, Web Based Applications
Excel knowledge including pivot tables, vlookups, and other advanced database functions
Exposure to Great Plains Accounting System and FRx Reporting Tools
Strong interpersonal and communications skills, tact, diplomacy and graciousness
Detail-oriented, but able to “see the forest beyond the trees” as well
Experience with creating exception-based reports, reconciliation of large volumes of data, and ability to follow through on projects to completion
2-5 years practical experience in the accounting field
COMPENSATION Competitive compensation, including base salary, and performance based annual bonus. TO APPLY Send us your resume and cover letter. Tell us clearly why you’re an amazing, outstanding accountant, what your experience in inventory accounting is, and how your style and personality fit our company. Also give us at least your full salary history and your expectations for compensation from the position. Thank you kindly, and we look forward to hearing from you!
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