The Role
Supervise the AR team, manage customer payments, conduct reconciliations, assist with audits, and ensure timely month-end closing processes.
Summary Generated by Built In
About the Company
e.l.f. Beauty, Inc. stands with every eye, lip, face and paw. Our deep commitment to clean, cruelty free beauty at an incredible value has fueled the success of our flagship brand e.l.f. Cosmetics since 2004 and driven our portfolio expansion. Today, our multi-brand portfolio includes e.l.f. Cosmetics, e.l.f. SKIN, pioneering clean beauty brand Well People, Keys Soulcare, a groundbreaking lifestyle beauty brand created with Alicia Keys and Naturium, high-performance, biocompatible, clinically-effective and accessible skincare.
In our Fiscal year 25, we had net sales of $1 Billion and our business performance has been nothing short of extraordinary with 26 consecutive quarters of net sales growth. We are the #2 mass cosmetics brand in the US and are the fastest growing mass cosmetics brand among the top 5. Our total compensation philosophy offers every full-time new hire competitive pay and benefits, bonus eligibility (200% of target over the last four fiscal years), equity, and a hybrid 3 day in office, 2 day at home work environment. We believe the combination of our unique culture, total compensation, workplace flexibility and care for the team is unmatched across not just beauty but any industry.
Visit our Career Page to learn more about our team: https://www.elfbeauty.com/work-with-us
Position Summary
The Accounts Receivable (AR) Supervisor will perform review of day-to-day accounting for customer payments (including incoming wires, live checks, and credit card payments), processing payments to the corresponding remittance invoices and creating chargeback invoices for any customer deductions taken. Review customer credit limits and make credit limit recommendations. Perform activities related to accounting including month end close, account reconciliations and financial audits.
Responsibilities
- Supervise the AR team to ensure weekly tasks are completed efficiently and accurately, providing support and guidance as needed.
- Monitor team progress, assist in prioritizing work, and address questions or challenges faced by team members.
- Review the cash application process and coordinating activities of researching and applying cash to the customer’s account and open invoices both timely and accurately.
- Reviewing customer deduction information for the Deductions team for proper resolution of open AR balances.
- Assist in reconciling customer payments between open invoices and credit memos and customer generated deductions to check or wire amount being paid. Desktop check deposits.
- Review the cash application process to meet the monthly close deadline of all cash posted weekly and monthly by close of business Day 1.
- Supporting internal and external audits by providing accurate and well-supported data and communication.
- Assist with any customer and operation’s questions and issues as they relate to customer payments and deductions support.
- Monthly cashflow forecast
- Month end close process, accounts receivable reconciliations, bad debt reserve and other reconciliations.
Requirements
- Bachelor’s degree in accounting or finance.
- Experience in a consumer products company or retailer.
- 6+ years total relevant experience including hands-on accounting roles of mid to large size controls focused companies.
- Experience supervising a team, ensuring tasks are on track, and addressing questions or concerns in a timely manner.
- Advanced knowledge and experience in Excel and Microsoft Office.
- Good project management skills.
- Experience with NetSuite Accounting ERP & SAP accounting systems a plus.
- Proven ability to operate and thrive in a fast-paced, high-growth company by maintaining focus and strong organization and time management skills.
- Proven team player and able to work with all levels of professionals internally and externally.
- Ability to communicate clearly and concisely, verbally and in writing.
- Ability to perform several tasks concurrently with ease and professionalism.
- Must have excellent interpersonal and customer service skills.
- Strong organization and time management skills.
Minimum Work Experience
- 6
Maximum Work Experience
- 12
This job description is intended to describe the general nature and level of work being performed in this position. It also reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be considered, as detailed description of all the work required inherent in the job. It is not an exhaustive list of responsibilities, and it is subject to changes and exceptions at the supervisors’ discretion.
e.l.f. Beauty respects your privacy. Please see our Job Applicant Privacy Notice (www.elfbeauty.com/us-job-applicant-privacy-notice) for how your personal information is used and shared.
Top Skills
Excel
MS Office
Netsuite Accounting Erp
SAP
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The Company
What We Do
e.l.f. Beauty, Inc. stands with every eye, lip, face and paw. Celebrating the beauty of every eye, lip and face is fundamental to our DNA. It’s in our name and inspires us as a company. We are committed to creating a culture internally – and in the world around us – where all individuals are encouraged to express their truest selves, are empowered to succeed and where we do the right thing for people, the planet and animals.
Our deep commitment to inclusive, accessible, cruelty-free beauty has fueled the success of the e.l.f. Cosmetics brand online and at retail since 2004. With the 2020 acquisition of the pioneering clean-beauty brand W3LL People, and the new lifestyle beauty brand Keys Soulcare created with Alicia Keys, we continue to strategically expand our portfolio with brands that support our purpose and values. Our brands are widely available online, and at leading beauty, mass-market, and natural specialty retailers.
