Accounting Manager

Posted 19 Days Ago
Be an Early Applicant
San Francisco, CA
Senior level
Fashion • Retail • Wearables
The Role
As Accounting Manager, you will manage month-end close processes, prepare financial statements, handle accounting operations including accounts payable and receivable, manage inventory, and coordinate audits and compliance efforts, ensuring reported figures align with expectations and regulations.
Summary Generated by Built In

Who We Are

ThirdLove disrupted the lingerie industry by empowering women to find their perfect fit online with our innovative Fitting Room® quiz and is one of the original brands to operate 100% direct-to-consumer. All design and R&D is done in-house, and our extensive and complex supply chain is fully managed by our team. Inclusivity is at the core of who we are and how we serve our customers and build our teams.

Traditionally, women were given a choice between two options when it came to their bras and underwear: Be sexy, or be comfortable. Our Cofounders: Dave Spector, Heidi Zak, and Ra’el Cohen, thought that was outdated too — so, in 2013,  they created ThirdLove — a third, better option, which doesn’t force us to choose between being sexy or comfortable. 

What Our Team Embodies

Our culture is collaborative, fast-paced, and data-driven, and we were most recently recognized with the Great Place to Work certification. This recognition is given to a very small percentage of companies who apply for it and determined by employees’ real-time reports of their company culture. Earning this designation demonstrates to us that our team at ThirdLove is  inspired by our mission, engaged in their everyday work, and enjoy partnering with our teammates and customers. If you want to impact millions of people, find your fit, and propel your career forward, we’d love to hear from you.

What We Are Looking For

ThirdLove is growing quickly and looking to make a key hire that will help us build the financial foundation to scale with our company’s growth. As the Accounting Manager, you will have a hand in both designing and executing month-end close processes and reconciliations as well as helping run the day to day operations of the accounting function. 

What You Will Own And How You Will Make A Difference

1. Month-End Close: Manage all aspects of the month-end close process and lead the preparation and review of monthly, quarterly, and annual financial statements in accordance with GAAP (Generally Accepted Accounting Principles). Calculate complex accruals, review journal entries, and perform account reconciliations and fluctuation analyses. Drive efficiencies and improvements. Coordinate and lead close meetings, including management presentations.
2. Accounting Operations: Own all aspects of the accounts payable and treasury functions including, but not limited to, bill review/approval, vendor communication, payment remittance, and cash reconciliation. Also own other daily accounting operations including accounts receivable (AR), payroll, and general ledger (GL) functions.
3. Inventory:  Manage inventory balances and activities for multiple locations and distribution channels, including reconciling landed costs & in-transit inventory and monitoring adjustments & shortages. In conjunction with monthly financial close, ensure inventories are properly valued and reserved, liabilities are properly stated, gross margins are accurate and any significant variance versus forecast/expectation are explained. 
4. Audits and Compliance: Coordinate with external auditors in preparation of annual financial statement audits, bank audits, and inventory appraisals by providing requested support and managing auditor communications. Collaborate with external parties to complete required tax filings such as domestic and international sales tax and GST. Ensure successful and timely completion of audits and tax filings.
5. External Reporting: Manage and prepare weekly/monthly/quarterly investor and debt reporting, ensuring accuracy and timeliness
6. Team Leadership: Manage and mentor the accounting team, fostering professional development and ensuring high levels of performance and accuracy. Provide training, timely feedback and coaching.
7. Continuous Improvement: Identify opportunities for process improvements, automation, and cost efficiencies within the accounting function.
8. Cross-Functional Collaboration: Collaborate with other departments (e.g. Product, Supply Chain/Logistics, Marketing…etc.) to ensure accurate financial tracking and reporting.
9. Ad-hoc Analysis/Reporting: Various other tasks and analyses as assigned or needed

You Have

  1. Bachelor’s Degree with concentration in Accounting, Finance, or related fields
  2. Certified Public Accountant (CPA) or working toward CPA preferred
  3. 5+ years of overall accounting experience, with at least 2 years public accounting experience preferred
  4. 2-3 years of management experience
  5. Experience with ecommerce/retail or consumer goods
  6. Advanced proficiency in accounting software (NetSuite strongly preferred, Bill.com), Microsoft Excel, Word, and PowerPoint; BI tool (Looker) experience preferred
  7. Strong knowledge in inventory reconciliation and costing/valuation
  8. Excellent organizational, analytical, and problem-solving skills with a keen attention to detail
  9. Excellent written and verbal communication skills, with the ability to communicate to leadership and collaborate across teams
  10. Proven ability to identify operational inefficiencies and implement processes/systems to address 
  11. Confident, energetic, team player who demonstrates good judgment and influences outcomes cross-functionally
  12. Ability to work in a fast-paced, high-growth environment, balancing multiple priorities and have strong sense of ownership

ThirdLove Offers You

  • Competitive salary + equity
  • Medical/Dental/Vision insurance
  • Paid parental leave
  • Flex time off
  • Discounted and free products

Diversity

ThirdLove is an equal opportunity employer and values diversity at the company. We do not discriminate on the basis of race, religion, color, national origin, gender, gender identity or expression, sexual orientation, age, genetics, marital status, veteran status, or disability status.

ThirdLove is an E-Verify employer and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. For more information please visit E-Verify.

Compensation

Annual base salary range of 85K-120K

 

The Company
HQ: San Francisco, CA
213 Employees
On-site Workplace
Year Founded: 2013

What We Do

Our culture is collaborative, fast-paced, and data-driven. If you want to impact literally millions of people each and every day and propel your career forward, we’d love to work with you. ThirdLove was recently recognized as Great Places to Work Certified for 2021 – a certification given to a very small percentage of companies who apply for it and determined by employees’ real-time reports of their company culture. Earning this designation means ThirdLove is one of the best companies to work for in the country.

ThirdLove is the third largest online intimate apparel brand behind VS and Aerie (according to NPD) and we're expanding into more categories quickly. We're backed by a long list of tier-1 venture capitalists, well known angel investors and celebrities. Traditionally, women were given a choice between two options when it came to their bras and underwear: Be sexy, or be comfortable. Our Cofounders thought that was outdated too — so, in 2013, we created ThirdLove — a third, better option, which doesn’t force women to choose between being sexy or comfortable. We were one of the original D2C brands and operate 100% direct-to-consumer. All design and R&D is done in-house and our extensive and complex supply chain is fully managed by our team. We have redefined marketing in what was, before us, an old-school mostly in-store $15bn category – our mission propels everything we do and say!

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