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Accounting Senior Manager

2 months ago

Los Angeles, United States RareBeauty Full time

COMPANY OVERVIEW

Rare Beauty, based in El Segundo, aims to break down unrealistic standards of perfection. Here at Rare Beauty, we place purpose and social impact at the heart of everything we dofrom the products we make to the community we create. We empower our team and our community to challenge beauty norms by shaping positive conversations about self-acceptance and mental health. We promote self-acceptance and give people the tools they need to feel less alone in the world. Our mission is to help everyone celebrate their individuality by redefining what beautiful means. We take pride in offering best-in-class benefits, with medical monthly premiums covered by the Company at 100%, employee certification in mental health first aid at work, regular wellness activities, a quarterly makeup stipend, and much more

POSITION SUMMARY

The Accounting Senior Manager, reporting to the Accounting Director, will be accountable for developing, managing, and growing the Companys accounting team and operations. The Accounting Senior Manager will be responsible for the preparation of financial reports, maintenance of an adequate system of accounting records, a comprehensive set of controls designed to mitigate risk, enhancing the accuracy of the company's reported financial results, and ensuring that reported results comply with US GAAP.

RESPONSIBILITIES

  • Supervise and monitor day-to-day accounting activities, including revenue/accounts receivable, accounts payable, fixed assets, inventory, general accounting, and payroll
  • Prepare and book day-to-day and month-end journal entries
  • Manage the monthly accounting close process, ensuring compliance with US GAAP, proper review of balance sheet reconciliations, variance analysis, and preparation of an internal reporting package
  • File yearly property tax, assist with income tax requests from tax advisors, supervise 1099 filings, and file sales and use tax monthly
  • Ensure tax and regulation compliance of foreign operations with the support of tax advisors (e.g., VAT, other non-income taxes)
  • Supervise D2C transactions and automation projects, and assist with monthly journal entries and reconciliations
  • Manage inventory transactions and reconciliations as needed, including landed cost, periodic inventory reconciliations, and accounting treatment for inventory related adjustments
  • Perform reconciliations and journal entries related to fixtures, receivables, and accruals
  • Oversee quarterly fixed asset count reconciliations
  • Assist with annual external audit
  • Assist with preparation of annual financial statements
  • Assist with transformational initiatives including implementation of internal controls, documentation of accounting procedures, enhancement to monthly reporting in collaboration with the finance team, updates and/or reviews of technical accounting memos, if any, etc.
  • Supervise and provide leadership, direction, and mentorship to the accounting team
  • Other duties as assigned

REQUIREMENTS

  • Bachelors degree in Accounting or Finance
  • 10+ years of progressive accounting experience including at least 3-4 years of supervisory experience
  • Minimum 3 years audit experience
  • Inventory experience is a must
  • Advanced Excel skills and experience of using ERP system (NetSuite is a plus)
  • Certified Public Accountant (active or inactive)
  • Strong understanding of US GAAP
  • Hands-on, flexible, and able to adapt to changes quickly
  • Able to work both collaboratively across teams and independently
  • Excellent verbal, written, and interpersonal communication skills

PHYSICAL DEMANDS

  • Prolonged periods sitting at a desk and working on a computer.
  • Hybrid role with requirement to be in the office at least 1-2 days per week

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