Fashion Retail Accounting Leader
6 days ago
We are seeking an experienced Accounting Leader to join our team in Los Angeles. This is a great opportunity for a professional looking to take on a leadership role in a dynamic and growing fashion retail company.
About the Company
Our client is a luxury fashion retailer with a strong brand and international presence. We are committed to providing excellent customer service and creating a unique shopping experience.
Job Description
- Financial Reporting
- Prepare and oversee the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP.
- Manage general ledger and journal entries, ensuring proper recording of transactions.
- Produce timely and accurate internal financial reports for senior management, including income statements, balance sheets, and cash flow reports.
- Inventory Management
- Ensure accurate inventory valuation and cost of goods sold (COGS) calculations.
- Work with retail operations teams to track product costs, margins, and sales trends.
- Analyze inventory levels and help optimize inventory turnover.
- Cash Flow Management
- Oversee daily cash management and forecasting, ensuring adequate liquidity and managing cash flow effectively.
- Supervise accounts payable and accounts receivable processes to maintain healthy cash flow.
- Internal Controls & Compliance
- Develop, implement, and maintain internal controls to safeguard assets and ensure compliance with financial regulations.
- Coordinate the annual audit process and ensure timely submission of tax filings.
- Ensure compliance with local, state, and federal tax laws.
- Team Leadership
- Manage and mentor the accounting team, providing guidance and fostering a collaborative environment.
- Oversee the month-end and year-end close processes and ensure timely completion.
- Conduct performance evaluations, identify training needs, and support professional development.
Requirements
- Bachelor's degree in Accounting, Finance, or related field (CPA preferred).
- 5+ years of experience in accounting or finance, with at least 3 years in a leadership or managerial role in a retail environment, preferably in fashion or consumer goods.
- Strong knowledge of GAAP and financial reporting.
- Experience with retail accounting, including inventory management, COGS, and margin analysis.
- Proficiency with accounting software (e.g., NetSuite, QuickBooks, SAP) and advanced Excel skills.
- Ability to analyze and interpret complex financial data and present it clearly to non-financial stakeholders.
- Strong attention to detail and organizational skills.
- Excellent communication and interpersonal skills.
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
What We Offer
- Salary up to $230,000 plus bonus and benefits.
- Hybrid working schedule.
- A commitment to diversity, equity, and inclusion.
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