Accounting Specialist, NetSuite

Position Overview:

The Accounting Specialist, NetSuite at Tru Fragrance plays a key role in the financial team, ensuring the accuracy, reliability, and integrity of the company's financial records. This position involves detailed financial operations, including account reconciliations, financial reporting, compliance with licensing agreements, and support for special projects and financial audits. The Accounting Specialist's diligent efforts underpin Tru Fragrances commitment to excellence and strategic goal

Key Responsibilities:

1. Financial Record Integrity & Reconciliation: Conduct detailed bank and account reconciliations, maintain ledger integrity, perform intercompany reconciliations, identify necessary accruals, and collaborate on financial data management improvements to achieve 100% accuracy in financial records.
2. Month-End Financial Close Process: Prepare and post journal entries accurately, collaborate with departments to gather financial information, assist in the preparation of financial statements, actively support the Accounts Receivable team, and ensure adherence to accounting standards, thereby meeting month-end closing deadlines consistently.
3. Licensing Agreement Compliance: Accurately calculate and monitor obligations under licensing agreements, maintain comprehensive records, and ensure agreements are correctly represented in financial records, maintaining 100% compliance.
4. Documentation of Accounting Processes & Procedures: Develop and maintain documentation for accounting processes and procedures, identify areas for improvement, and conduct training on these procedures to establish a detailed, efficient, and standardized accounting process.
5. Special Projects & Financial Audit Support: Support special projects as requested by management, participate in accounting system testing and reconciliation, prepare financial documents for audits, and provide auditors with necessary information and explanations, ensuring the successful completion of special projects and financial audits.

Qualifications:

• Technical Proficiency in accounting principles
• 1+ year of NetSuite ERP experience
• 1-3 years of experience in Accounting (public or industry)
• Analytical abilities for detailed financial analysis
• Attention to Detail in all financial documentation
• Adaptability to manage various tasks and changes
• Problem-Solving skills to address and resolve issues effectively
• Communication skills for effective collaboration
• Time Management to prioritize work and meet deadlines
• Collaboration and Teamwork in line with company culture
• Continuous Improvement mindset for personal and process enhancement
• Ethics and Integrity to uphold financial accuracy and compliance

Company Overview:

We design, produce, and market fragrance & beauty brands that intimately connect with consumers. We continually deliver fresh insights and operational excellence, earning our position as partner of choice for world-class retailers and brands.

What We Do: For over 47 years, Tru has partnered with retailers and brands to capitalize on the enormous category potential of fragrance and beauty. By offering creative and nimble design, sourcing and financing, weve helped transform retailers into lifestyle destinations with must-have beauty offerings. The result is delighted, dedicated consumers - and highly profitable, recurring cash flows. Our tailored approach allows for a unique client list spanning from iconic global retailers to innovative upstarts. Seamless global inventory management and distribution has made us an optimal partner for large-scale retailers, while our flexibility offers the reactivity and speed-to-market needed in todays fast-paced fashion world. Our offices in New York and Chicago house design, marketing, finance, quality and distribution resources. Satellite offices in Los Angeles, Dallas, Denver and Boston offer convenience for our clients and a deeper connection to national market trends. Our long-term sourcing and manufacturing partners are located in the U.S., Canada, India, and China.

Capabilities: We craft and globally distribute iconic fragrance and beauty brands that intimately connect with consumers.

Culture: Our talented team are your partners in category management and growth. Our knowledge, transparency, curiosity and passion are leveraged every day by brand and retail teams who consider us an extension of their corporate family.