Cost Accountant

Reposted 7 Days Ago
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Detroit, MI
In-Office
Senior level
eCommerce
The Role
The Cost Accountant oversees inventory valuation, ensures data accuracy, prepares reporting, collaborates with teams, and provides insights for pricing and cost optimization.
Summary Generated by Built In

ABOUT SHINOLA

At Shinola, we make beautiful, enduring, handcrafted goods that are built to be lived in, worn out, and well-loved.  Our thoughtful craftsmanship, timeless design, and spirited stories inspire our customers to live well, with confidence & joy—in a style that is uniquely their own!  Because we are a growing and evolving company, each employee is a key stakeholder, making decisions every day that directly impact our overall vision and direction. At Shinola, you’ll have the opportunity to make a significant contribution at the start of what we believe will become an iconic American brand.  

ABOUT THE ROLE

The Cost Accountant will be responsible for overseeing inventory valuation, explaining variances on the P&L, ensuring accuracy of inventory data, and preparing inventory reporting for all retail stores, factories, and the distribution center. This role will require frequent collaboration with the teams across Bedrock, Filson and Shinola, including but not limited to retail operations, supply chain, logistics, purchasing, planning and production. The Cost Accountant will ensure inventory and inventory costing is current, reliable, and accurate in the ERP (NetSuite) and across the various reporting platforms the business currently utilizes. A successful candidate in this role will provide the insights necessary for leadership to optimize pricing strategies, forecast profitability, and find ways to cut costs on our products.

RESPONSIBILITIES

  • Maintain and reconcile inventory accounts across stores, manufacturing facilities, and distribution centers, ensuring accuracy in valuation and reporting
  • Analyze inventory item costs, identify discrepancies, and work collaboratively with supply chain systems to implement corrective actions
  • Assist in month-end and year-end closing processes related to inventory and cost of goods sold (COGS) including variance analysis and report outs to the operations team
  • Provide support to Supply Chain teams item cost records in the ERP as they relate to inventory valuation, costing, and set up to ensure accurate financial reporting
  • Provide support throughout the standard cost roll process by validating accuracy of inputs and ensuring there are logical explanations for pre/post cost roll fluctuations
  • Collaborate with store operations, manufacturing, procurement, and distribution teams to ensure inventory transactions in the ERP are reconciled
  • Work collaboratively with the operations and retail teams to monitor and execute cycle counting and full physical counting activities
  • Support the external audit process by owning all inventory and COGS requests from auditors
  • Identify opportunities for process improvements in inventory management, cost tracking, and reporting

QUALIFICATIONS

  • Bachelor’s degree in accounting, Finance, or related field; CPA or CMA preferred
  • 5+ years of experience in inventory or cost accounting, preferably within a retail, manufacturing, or distribution environment
  • Strong understanding of GAAP and familiarity with both standard and average costing practices
  • Excellent analytical, problem-solving, and organizational skills
  • Strong communication and interpersonal abilities
  • Ability to work independently and collaboratively in a fast-paced, multi-location environment
  • Experience with retail inventory management systems a plus
  • Prior experience with NetSuite ERP a plus

Note: This job description is not meant to be all-inclusive.  Employee may be required to perform other duties to meet the ongoing needs of the organization.

Filson and Shinola are equal opportunity employers. We believe that every employee has the right to work in surroundings which are free from all forms of unlawful discrimination.  It is our policy that all decisions involving any aspect of the employment relationship will be made without regard to race, color, sex, religion, age, national origin, marital status, sexual orientation, gender identity, the presence of any sensory, mental, or physical disability, veteran and military status, genetic information, political ideology or any other status or characteristic protected by local, state or federal law.  Discrimination and/or harassment based on any of those factors are totally inconsistent with our philosophy of doing business and will not be tolerated.

With regard to applicants or employees with disabilities, the company offers what the law refers to as "reasonable accommodation" to enable a person to perform his or her job.

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The Company
HQ: Detroit, MI
350 Employees
Year Founded: 2011

What We Do

In the fall of 2010, Shinola, a Bedrock Manufacturing brand, was conceived with the belief that products should be well made and built to last. As makers of modern watches, bicycles, leather goods, and journals, we build all of our goods to last. But of all the things we make, world-class jobs might just be the thing we’re most proud of.

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