Senior Accountant, Revenue

4 weeks ago


Oakland, United States E.L.F. Beauty, Inc. Full time

About the Company

e.l.f. Beauty, Inc. stands with every eye, lip, face and paw. Our deep commitment to clean, cruelty free beauty at an incredible value has fueled the success of our flagship brand e.l.f. Cosmetics since 2004 and driven our portfolio expansion. Today, our multi-brand portfolio includes e.l.f. Cosmetics, e.l.f. SKIN, pioneering clean beauty brand Well People, Keys Soulcare, a groundbreaking lifestyle beauty brand created with Alicia Keys and Naturium, high-performance, biocompatible, clinically-effective and accessible skincare.

We have annual revenues of ~$900 million and our business performance has been nothing short of extraordinary with 21 consecutive quarters of net sales growth as we have grown to #3 mass cosmetics brand in the US and are the fastest growing brand among the top 5. Our total compensation philosophy offers every new hire competitive pay and benefits, bonus eligibility (200% of target over the last four fiscal years), equity given to every full-time employee as a part of their new hire package, flexible time off, year-round half-day Fridays, and a hybrid 3 day in office, 2 day at home work environment. We believe the combination of our unique culture, total compensation, workplace flexibility and care for the team is unmatched across not just beauty but any industry.

About the Role

e.l.f. Cosmetics is currently looking for a detail-oriented, organized, and collaborative Senior Accountant to join our dynamic, high-growth beauty company. This newly created role will report directly to the Manager, Accounting. This Senior Accountant role will be responsible for the execution of our month-end close activities for Revenue and Sales Adjustments. In this role, you will work closely with Sales teams to accurately report monthly allowances through discussions with cross functional partners, reviewing contracts, and calculating estimates. Additionally, this role will prepare general ledger related accounting activities including journal entries, account reconciliations, account fluctuations, and financial audits. The ideal candidate has a CPA and brings 3-5 years of experience in Accounting, including audit experience from a global or national accounting firm. Public company experience as well as CPG experience is a plus. This individual should be a self-starter with a strong financial accounting background and a passion for process improvements. This individual should be comfortable working with cross functional partners and should have strong interpersonal verbal and written communication skills. Finally, the best hire will be someone who embraces e.l.f.'s dynamic culture of executing with speed and quality to drive solutions. And if you have a passion for beauty, it's a definite plus This position can be based in any of our e.l.f. offices (Oakland, L.A. or NYC) or be fully remote.

Detailed Responsibilities and Requirements

Responsibilities

- Prepare monthly Sales Allowance accruals, account reconciliations, and other related accounting entries

- Partner with Sales teams to develop retailer-specific estimates for monthly allowances (eg. markdowns)

- Prepare quarterly lag analysis and rate analysis for the general reserve

- Review new customer contracts

- Provides monthly reporting to the sales team

- Continually implement process improvements in day-to-day activities

- Assist in assuring the effectiveness of the control environment for Sales Allowance activities

- Includes compliance with U.S. GAAP, SOX, and Delegation of Authority requirements

- Ensure compliance with company policies (e.g. Financial, Procurement, etc.)

- Provides outside auditors with assistance and gathers necessary documentation for quarterly reviews and year-end audits

- Support team on other month-end close procedures, as assigned

- Performs other related duties as assigned

Requirements

- 3-5+ years in accounting, including audit experience from a global or a national accounting firm

- CPA Required

- Public company and CPG experience is a plus

- Strong financial accounting understanding

- Comfortable working with cross-functional partners including upper-level management

- Strong written and verbal communication skills

- Good understanding of ASC 606

- Revenue Recognition with emphasis on consideration payable to a customer

This job description is intended to describe the general nature and level of work being performed in this position. It also reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be considered, as detailed description of all the work required inherent in the job. It is not an exhaustive list of responsibilities, and it is subject to changes and exceptions at the supervisors' discretion.

e.l.f. Beauty respects your privacy. Please see our Job Applicant Privacy Notice (www.elfbeauty.com/us-job-applicant-privacy-notice) for how your personal information is used and shared.


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