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Inventory Accounting Manager

Finance | San Francisco, CA | Full Time

Job Description

Job Summary

Wine.com is searching for Inventory Accounting Manager to join our dynamic Finance and Accounting team at our headquarter office located in San Francisco, CA. In this highly cross-functional role, you will partner with Warehouse Operations and Merchandising in the course of the day-to-day inventory accounting activities.

Essential Job Functions:

  • Manage team of 6-8 Accounts Payable Warehouse clerks responsible for the inventory matching and invoicing within the ERP system
  • Own all relevant aspects of our close processes to ensure the accuracy and completeness of the Company’s inventory accounts, including the oversight of our key management estimates over inventory reserves.
  • Partner with Warehouse Operations on the continual execution of the cycle count process for inventory at the logistics centers
  • Manage COGS functions, including inventory transactions, gross margin analytics and variances.
  • Reconcile inventory subledger accounts to the general ledger. Ensure inventory valuations are accurate.
  • Assess and maintain inventory reserve requirements.
  • Lead all aspects of the inventory accounting process for high volume purchased inventory for thousands of SKUs
  • Oversee the preparation of and review monthly roll forwards, journal entries, reconciliations and reporting for inventory accruals, obsolescence, cost of goods sold
  • Ensure compliance with GAAP accounting, performing research as needed
  • Support the annual financial statement audit (and other audits).
  • Support operational/systems initiatives/projects and other ad hoc research, including identifying resolutions for relevant data limitations.

Required Skills and Experience:

  • Bachelor’s degree in Accounting (or relevant field) and 6+ years combined of experience at large  retail/eCommerce company
  • 3+ years of supervisory experience
  • Public company experience
  • Experience in Microsoft Dynamics 365 (ERP) and High Jump (WMS) strongly preferred
  • Experience in a warehouse or manufacturing setting a plus
  • An aptitude for working with large sets of data
  • An analytical mind and are always thinking of ways to streamline and improve processes or problems
  • Strong organizational and detail-orientation skills and the ability to handle multiple competing tasks simultaneously
  • You are a strong communicator and leader who enjoys coaching, mentoring and developing others
  • You have strong technical accounting skills and a detailed understanding of current GAAP standards
  • Personal integrity with the highest ethical standards
  • Vast understanding of and experience working with warehouse and fulfillment operations
  • Experience leading and developing a team of 2+ employees of different levels
  • Thorough and complete knowledge of full cycle inventory accounting
  • Someone who can work and lead in a rapid-growth environment
  • Communicate clearly and concisely, both orally and in writing to all levels of the organization, including senior executive team
  • Ability to think critically and research ad hoc accounting or operational issues
  • Advanced Microsoft Excel skills