Rag & Bone
Senior Accounting Manager (Inventory)
New York - Full Time
About rag & bone
From our origins in New York in 2002, rag & bone was founded on a belief of uncompromising ideals: a commitment to doing things the right way, not the easy way. To making things that are as original as they are timeless. To being true to ourselves, even when that truth sets us apart from the mainstream.
We still believe in the same principles we started with: the easy elegance of classic British tailoring, the authenticity of American workwear, and the originality of our home city, New York. As New Yorkers, community and authenticity have become synonymous with our brand. An inclusive environment at rag & bone upholds our original values by encouraging employee connection and empowering each individual to have a voice on policy, process, and collaboration for a more equitable future.
SUMMARY
This position offers an opportunity to work in a fast-paced and dynamic work environment for a fashion label in the retail industry. The successful candidate must have a deep understanding of inventory controls, experienced reconciling inventory in a retail / omni-channel environment, and have a comprehensive understanding of standard cost systems, along with strong inter-personal skills.
PRIMARY RESPONSIBILITIES:
KNOWLEDGE, SKILLS AND ABILITIES
EDUCATION AND EXPERIENCE
From our origins in New York in 2002, rag & bone was founded on a belief of uncompromising ideals: a commitment to doing things the right way, not the easy way. To making things that are as original as they are timeless. To being true to ourselves, even when that truth sets us apart from the mainstream.
We still believe in the same principles we started with: the easy elegance of classic British tailoring, the authenticity of American workwear, and the originality of our home city, New York. As New Yorkers, community and authenticity have become synonymous with our brand. An inclusive environment at rag & bone upholds our original values by encouraging employee connection and empowering each individual to have a voice on policy, process, and collaboration for a more equitable future.
SUMMARY
This position offers an opportunity to work in a fast-paced and dynamic work environment for a fashion label in the retail industry. The successful candidate must have a deep understanding of inventory controls, experienced reconciling inventory in a retail / omni-channel environment, and have a comprehensive understanding of standard cost systems, along with strong inter-personal skills.
PRIMARY RESPONSIBILITIES:
- Responsible for daily and monthly reconciliation and oversight of the Company’s inventory sub-ledger (ERP) to 3PL’s and store inventory for its retail and wholesale business.
- Responsible for wholesale sales and margin analysis
- Help drive balance sheet reconciliations and process improvements
- Identify, analyze and communicate root cause of variances, establishing inventory controls, and making required adjustments, as needed working with retail operations team and logistics
- Maintain cost accounting system including updating of standards, working with product development team
- Develop inventory analysis reporting and analyze variances from standard
- Oversee annual physical inventory counts
KNOWLEDGE, SKILLS AND ABILITIES
- Inventory control experience
- Experience with inventory standard costing, including managing and accounting for standard costs, and analysis of variances
- Good working knowledge of first-in, first-out inventory accounting, including capitalization and expensing of cost variances i.e. purchase price, freight, and duty variances
- Results orientated, flexible, resourceful and self-motivated
- Detail oriented , accurate, well organized and able to prioritize
- Strong analytical skills and initiative
- Strong verbal and written communication skills
- Strong time-management skills and ability to adhere to month-end close timelines
- Ability to work independently and provide solutions to questions
- Proficiency in Excel and inventory general ledger applications
- Demonstrated curiosity about what is happening in the business and why.
EDUCATION AND EXPERIENCE
- 5- 7 years of experience in managing inventory with standard cost accounting experience
- Microsoft Dynamics preferred, but not required
- Retail / wholesale industry experience a plus
- BS in Accounting
