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Staff Accountant

2 months ago

Torrance, United States The Ladders Full time
Joining King's Hawaiian makes you part of our `ohana (family). We are a family-owned business for over seventy years, respecting our roots while thinking about our future as we continue to grow and care for our customers and the communities we serve. Our `ohana members build an environment of inclusivity as they freely collaborate, pursue learning through curiosity, and explore innovation as critical thinkers. Beyond that, we are also passionate about supporting the long-term health and well-being of our employees and their families. If you're excited to rise with our team, come and join our `ohana

Who Are We?

A few years ago, we realized that the growth of King's Hawaiian, our family owned, and values driven company founded in Hilo, Hawaii in 1950 had grown so fast (from $50M to more than $300M) that we would soon have to move to a focus solely on optimizing capital. We realized then that in a few years we would have to move to focusing both on optimizing capital and reallocating capital. Or, in other words, a business that would make acquisitions in addition to continuing to grow the King's Hawaiian brand. But we wondered: "Life is about more than just growth and revenue even though those two things are critically important. Is there a new, better, and special way in which we could achieve that growth? A way where the legacy we could create and leave behind might be as great or even greater than the growth we would achieve?"

These questions led to the birth of a whole new company. King's Hawaiian had been baking irresistible Hawaii-inspired foods since 1950. What would happen if the new company was populated by people who had in common high-performance heads, high-performance hearts, and who shared common irresistible values? We fell in love with that concept. So, we decided "That kind of place would be irresistible. It's a big dream but let's create that dream and build that future" And so, on September 1, 2021, the Irresistible Foods Group (IFG) was born, and we started to build that dream.

And, when it was born, we articulated that big dream in this Mission and Purpose Statement:

We create Irresistibly. Then we share it.

Irresistibility can exist in everything but rarely does, except here.

Further, we believe the core to our irresistibility is in our four values:
  • Treat others with dignity - respect is unconditional. We have high-performance heads + high- performance hearts and never lose sight that we are all part of the same 'Ohana.
  • Be curious and never stop learning. We approach conversations, situations, and problems with open minds and passionately seek to be better tomorrow than we are today.
  • Dream big and get stuff done. Irresistibility is not an accident - we don't wait for the future to come to us; we actively create it.
  • Bring your own flavor. We care about where you come from and how you see the world; our shared values are our bond, but our uniqueness is what makes us Irresistible.
These values are not only what drive us but also what we seek in all members at all levels in IFG as well as our operating companies (OPCOS). We look for diversity in many areas, but not in these values.

IFG kind of looks like a private equity or venture capital firm but it is much more than that. We are an owner-friendly acquirer focused on creating long-term value with no intent to ever sell our companies. And, importantly, we only invest and acquire companies that we think model these values and will create irresistibility in more than just profit measures. We support our OPCOS with capital allocation (cash & capabilities), strategic guidance, and operational governance but in a very decentralized environment. We strive to be the most trusted, influential, and value-creating family of authentic food & beverage brands. We build brands that are beloved by their consumers for their irresistible products, uniquely connected through their shared values, and sold in the perimeter (of grocery stores). And together, we are creating a connected ecosystem of companies populated with smart people who are having a lot of fun creating irresistibility together. This is what we do. And today we are not one but are seven companies: (1) IFG; (2) King's Hawaiian; (3) King's Hawaiian Restaurants; (4) Grillo's Pickles; (5) Shaka Tea; (6) Innovation Bakers; and (7) Hello Hilo - our new restaurant in Gainesville, GA that spreads Aloha through Hawaii-inspired cuisine and hospitality.

Who Are You?

You are intrigued by what you've read so far. You are an authentic, passionate, strategic problem solver who is highly motivated by the opportunity to play a significant role in taking the growth of a fast-growing ecosystem of companies to the next level. You are a thinker, builder, and advisor, not just a number cruncher. Your associates trust you and would use words like "collaborative" and "creative" to describe you. They might even go so far as to say that they are unusually comfortable with you swimming (a bit) in their lane because you add so much value when you do, and you always do it respectfully. You model behaviors and activities that set a standard for those around you. You care much more about getting the right things done than about who gets the credit for doing them. You are a "get stuff done" person who gets things done so fast, efficiently, and effectively that it usually surprises those around you.

This role is right for you if you....
  • Break the mold of a traditional accountant. You love accounting, but you also enjoy being around people. You are a natural teacher and explain the numbers in a way that helps others "get it."
  • Love to learn and are INTENSELY curious. Many of the projects for our entire team will be about building capabilities that we or the OPCOS don't have and being the "lead learner" for the entire enterprise. If you are not an intensely curious person who thrives on new learnings, this is not the role for you.
  • Define collaboration and understand and believe in accountability. You are recognized by leadership as an incredible and valuable asset to them. If we had to cut costs, they would fight to keep you.
  • Like to have fun. REALLY like to have fun at work and find much of the fun is from accomplishing really unusual, tough things.
What Will You Do?

As the IFG Staff Accountant, your efforts and results will primarily be focused on these four areas:
  • A resource for the IFG finance and accounting team to own the record to report process. Your job is to be hands-on in all aspects of accounting for IFG. You will maintain and validate our accounting systems as the source of truth for the Company's financial data.
  • Coordinate the consolidation of accounting data from the OPCOS. You will collaborate with the accounting team from each OPCO to roll up the financial results on a monthly basis and participate in the consolidation of the annual budget and long range plan.
  • Dream up ways to transform the finance function. We are constantly thinking of how to improve the way we do things. You do not shy away from change and adopting new technologies. You help plan the road map to get there.
  • Participate in special projects that come up and were not anticipated. We move fast. We move from dreams to realities, and we are committed to make things happen. There is ambiguity in this that you love to solve and create value with your team and peers in the IFG ecosystem.
Reporting to the Chief Financial Officer, primary responsibilities will include (but not limited to):
  • Maintain the Company's accounting in QuickBooks, including A/R, A/P and Payroll for IFG and related entities
  • Prepare monthly account reconciliations, research, and resolve reconciling items promptly, and ensure that adequate supporting documentation is maintained.
  • Perform monthly close functions, including accruals and preparation, posting and review of journal entries.
  • Ensure all month-end journal entries are recorded following the monthly close schedule.
  • Reconcile intercompany accounts.
  • Perform analysis of changes in the individual balance sheet and income statement accounts on a monthly, quarterly, and/or annual basis and assist with fluctuation analyses.
  • Participate in the research of accounting treatment for transactions or new contracts and new accounting pronouncements and documentation of conclusions for management review.
  • Identify and implement operational improvements and research technical issues relating to US GAAP.
  • Preparing financial statements for upper management
  • Assist with the month-end and year-end close process
  • Ensure all accounting practices comply with established accounting principles
  • Implement and maintain financial internal controls and policies
  • Identify solutions to discrepancies in financial records
  • Work collaboratively and influentially on projects with cross-functional business partners and across many business groups to achieve desired business outcomes
  • Provide ad-hoc financial reports and metrics as needed
  • Maintain strict levels of confidentiality and discretion
  • Model the high level of customer service expected of all Company associates including responding to voice mails and emails within organizationally defined timeframes, completing projects as committed, responding to others' feedback appropriately, and making optimal use of limited resources by offering assistance to other functional teams when appropriate
  • Perform additional tasks or duties as required or assigned which are reasonably within the scope of this role


Experience & Capabilities:
  • Bachelor's Degree in Accounting, Business or Finance
  • CPA strongly preferred, but not required
  • 3 years of experience in relevant accounting role, with a mix of public and private experience preferred
  • Working knowledge of US GAAP and internal controls
  • Familiar with ERP or other accounting applications, especially SAP or QuickBooks
  • Proficient with MS Office including intermediate knowledge of Excel (VLOOKUP's and building spreadsheets)
  • Strong written and verbal communication skills
  • Excellent analytical, organizational, prioritization, critical thinking, and problem-solving skills with attention to detail, and the ability to multi-task and prioritize projects and work with confidential information
  • Proficient ability to plan and accomplish goals, meet deadlines, and adapt to a changing environment
  • Ability to work collaboratively with employees at all levels and independently
  • Demonstrated ability to think critically, collaboratively, and curiously


IFG operates in a hybrid environment that fluctuates from week to week and is typically 1-3 days in office. There is 1 week per month where the entire IFG team is in the office for the whole week.

The salary range for this position is $75,000 to $115,000 annual base plus a 5% annual bonus target.

Irresistible Foods Group is an equal-opportunity employer.

King's Hawaiian is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for our ohana.