Director, Accounting

FIGS is seeking a strong Director of Accounting to join our Accounting & Finance team. We are looking for someone who can thrive in an entrepreneurial, fast-paced, emerging growth environment to help take the Accounting function to the next level. This role oversees the monthly close process for the sales to cash cycle, manages the accounting team, partners cross-functionally with Finance and business leaders, and supports strategic initiatives that drive operational excellence and scalable growth.

What You’ll Do:

• Manage and oversee the month-end close processes covering the entire sales-to-cash cycle for all revenue streams. This includes the review and posting of journal entries, account reconciliations and reviewing the work of others.
• Identify areas of opportunity around the month-end close process and enhance process documentation of areas of responsibility. 
• Lead projects to drive improvements in these areas with a focus on efficiency, the use of financial systems and reporting tools.
• Develop scalable AR processes in support of our growing B2B partnerships and develop scalable reporting and GL processes around our growing retail business.
• Support the reporting and settlement of royalties of licensed products and agreements.
• Consistently manage and execute the on-time completion of all month-end close responsibilities and support the quarterly earnings cycle. Maintain strict discipline over close deadlines and timely review of team deliverables.
• Supervise, mentor, manage and develop staff, conduct performance evaluations and foster cross-functional collaboration across the company.
• Collaborate with the Financial Planning and Analysis team to review monthly results and handle ad hoc financial reporting.
• Maintain ongoing compliance of SOX controls including the preparation and retention of all necessary documentation. Monitor appropriate execution of the control environment, including leading control walkthrough meetings..
• Assist with the development and implementation of accounting policies, procedures, and internal controls to ensure compliance with GAAP and other applicable regulations. 
• Coordinate with external auditors to provide required documentation and analysis for audits. 
• Support ad-hoc projects and initiatives related to process improvement, management reporting, technology integration, and data analytics. 

Qualifications:

• Bachelor’s or master’s degree in accounting
• In depth knowledge of US GAAP
• Current CPA 
• Big 4 Public Accounting and strong SOX 404 experience 
• 8+ years experience with a combination of public accounting and/or public company industry experience, preferably at a rapidly growing retail and e-commerce company with a focus on the sales-to-cash cycle. 
• Strong leadership abilities, with the capacity to manage and develop a team, maintain a high level of excellence and maintain strong internal controls.
• Familiarity with international accounting processes, working with multiple currencies and international consolidations.
• IFRS experience preferred
• NetSuite OneWorld experience required.
• Able to work with a high volume of transactions in a fast-paced environment.
• Able to maintain a high level of accuracy in preparing and entering financial information.
• Strong teamwork and business partnering capabilities.
• Forward looking thinker who can articulate the need for and implement process improvements.
• Ability to leverage technology for efficient data gathering and analysis.
• Experience implementing accounting systems or process automation

What We look For:

• Someone who can take a task from 0 to 100 without a lot of direction; a self-starter that makes it happen
• The ability to synthesize large sets of data from multiple, sometimes unrelated, sources
• Proven work ethic and integrity
• Positive attitude and a desire to excel and grow with FIGS
• Team player with an egoless nature and an entrepreneurial spirit

FIGS Compensation and Benefits

Pay Range

• At FIGS, your base salary is one part of your total compensation package. This role's base salary range is between $170,000 and $190,000. Actual base salary is determined based on a number of factors, including but not limited to your relevant skills, qualifications, and years of experience. 

Additional Compensation and Benefits 

• Equity: All FIGS employees have the opportunity to own shares of FIGS stock through our new-hire equity program. Additionally, FIGS provides a discount when purchasing FIGS stock voluntarily through our FIGS Employee Stock Purchase Plan  
• Annual bonus: This position is eligible to participate in the FIGS annual bonus program

• Other compensation and benefits offered include: 
• Comprehensive benefits and perks package focused on your well-being, including premium medical, dental and vision coverage, and full access to wellness services through Breethe and Classpass. 100% FIGS-sponsored life insurance and disability insurance  
• Amazing 401(k) program, with a company match up to the first 6% of your contribution
• Generous paid time off - We have 12 company holidays. For salaried team members, we offer flexible vacation. For our hourly team members, we offer up to 3 weeks of accrued vacation
• Meaningful time away for baby bonding, including parental leave, new parent care meals, and a transition back to work for primary caregivers
• FIGS sponsored Uber Eats voucher for in-office weeks
• Personalized discount code for 50% off all FIGS products, along with a separate code to share with family and friends to enjoy a 25% discount site-wide
• Access to FIGS Vet, Discounted Pet Daycare, Discounted Pet Insurance, and so much more…

*Benefits eligibility is determined by hour requirements and length of service 

A little bit about us…

FIGS, Inc. is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We redefine what scrubs are by creating technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style, all at an affordable price. With the largest DTC platform in healthcare apparel, we sell our products to a rapidly growing community of loyal customers. Through these customer relationships, FIGS has built a community and lifestyle around a profession, revolutionizing the large and fragmented healthcare apparel market and becoming the industry’s category-defining healthcare apparel and lifestyle brand.

Our Threads for Threads initiative is integral to our mission to improve the lives of healthcare professionals on a global scale. Founded alongside FIGS in 2013, Threads for Threads donates scrubs to healthcare professionals working in resource-poor countries around the world.