Cost Accountant

Posted 3 Days Ago
Be an Early Applicant
Long Beach, CA, USA
In-Office
95K-95K Annually
Mid level
Beauty • Pharmaceutical
Targeted skincare solutions. 35 years of transformational results. DISCOVER #THEOBAGIEFFFECT
The Role
This role entails managing inventory accounting processes, coordinating month-end close, performing financial analysis, and improving operational efficiencies. Collaboration with IT and various departments is essential.
Summary Generated by Built In
Starting Salary: $95,000 + DOE
Who We Are:

Obagi Cosmeceuticals is an industry leading dermo-cosmetic brand that provides transformational skin care products, with a 35+ year legacy backed by science and innovation to protect and enhance skin tone and texture. Obagi is widely recognized by US dermatologists and plastic surgeons for its clinical excellence and science-backed approach, remaining a leader in the beauty space and operates as an innovative, global, omni-channel luxury consumer products business with sales distribution to physicians, wholesale partners, retail outlets, Amazon, and direct-to-consumer (DTC) channels. On a mission to create a global, best-in-class multi-brand, multicategory portfolio, Obagi will continue to redefine the future of skincare. We are Obagi. Fearless. Together.
 
What We Need:
Obagi is seeking an analytical, organized, and meticulous Senior Accountant to join our small but mighty Finance & Accounting team! Reporting to the Assistant Controller, this candidate will oversee all accounting processes related to inventory and month-end close.
What You’ll Do:
  • Collaborate cross functionally to understand inventory levels and the impacts on financial performance and serve as the liaison with Operations to continually drive process improvement and accuracy of reports.
  • Understand and troubleshoot with IT on Oracle system related issues that impact inventory, costing, and month-end close.
  • Calculate and help shape decisions regarding inventory reserves for excess and obsolete products.
  • Coordinate month-end close with upstream departments that impact inventory and cost of goods sold (COGs).
  • Become the subject matter expert in all areas that impact inventory on financial reports.
  • Perform flux analysis on inventory levels and COGs margins.
  • In charge of all inventory levels and COGs related audits requests.
  • Challenge current processes and determine opportunities of improvement to drive change and efficiency.
  • Understand materiality and properly assess US GAAP Accounting when making/proposing business decisions.
  • Other related accounting duties and ad-hoc projects as needed.
What You’ll Need:
  • A bachelor’s degree from an accredited university is required, with a focus in Accounting, Finance, or Economics.
  • At least 4+ years of relevant experience with physical inventory, demonstrating a solid foundation general accounting principles and best practices; industry experience and/or CPG experience highly preferred.
  • Exceptional organizational and prioritization/time management skills; demonstrated ability to work under pressure to meet deadlines and manage responsibilities across multiple customers simultaneously.
  • Comfortable operating in a fast paced, ever-changing environment; someone who thrives in ambiguity and adapts quickly.
  • Proficiency in Microsoft Office, with a heavy emphasis on mastery of Excel, showcasing the ability to manipulate data effectively and derive valuable insights (i.e. lookups, pivots, formulas, filters.)
    • Ability to write macros and prior experience with Oracle Fusion a huge plus.
  • An energetic, positive attitude that encourages a team and builds/maintains robust relationships.
Physical Requirements:
These demands document the physical requirements of a specific job. Criteria may include: Lifting, Carrying, Push/Pull, Sitting/Standing (In Place); On Feet, Walking, Bending, Turn/Twist; Kneeling; Squatting; Crawling; Climbing; Reaching (Out)/Reaching (Up), Grasping, Wrist Turning; Pinching; Finger Manipulation, Hearing, Talking, Working with a computer for eight hours, Working in close quarters. Communicating over the telephone for eight hours.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of job requirements, so classified. All employees may be required to perform duties outside of their normal responsibilities, from time to time, as needed.
 

Skills Required

  • Bachelor's degree in Accounting, Finance, or Economics
  • 4+ years of relevant experience in physical inventory and general accounting principles
  • Proficiency in Microsoft Office, particularly Excel
  • Ability to write macros and experience with Oracle Fusion
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The Company
HQ: Long Beach, CA
456 Employees
Year Founded: 1988

What We Do

Obagi Cosmeceuticals is a specialty pharmaceutical company that develops, markets and sells, and is the leading provider of proprietary topical aesthetic and therapeutic clinically-proven skin care systems in the physician-dispensed market. The systems are designed to prevent and improve the most common and visible skin disorders. The foundation of the company began in 1988 with the creation of the Obagi Nu-Derm® System, developed by leading skin care experts. In 1997 the company officially began operations as Obagi Medical. The company has continued to grow each year, introducing multiple product lines and expanding its commercial operations. The company sells its products through a direct sales force in the United States and internationally through distribution partners in over 42 countries across North America, Central America, South America, Europe, the Middle East and Asia. Over the years, the company has developed clinically-proven skin health products and systems primarily for the dermatology, plastic surgery and related aesthetic markets. Obagi's products are designed to improve common and visible skin conditions including photodamage, hyperpigmentation (chloasma, melasma and freckles), senile lentigines, acne vulgaris and sun damage.

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