About You

The ideal candidate for Nutrafol's VP of Inventory Accounting role is a natural leader with a comprehensive understanding of the retail manufacturing arena, from inventory planning and replenishment to high-level financial planning and analysis within a manufacturing company. You’re a highly analytical thinker who develops key strategies for sales and margin improvement, as well as processes that maximize inventory performance and reduce liability. You’re a passionate leader who builds teams and partnerships across divisions, both domestic and international.  

The VP, Inventory Accounting will determine operations and manufacturing strategies to ensure attainment of financial and strategic goals, translating strategy into tactics, priorities and resource requirements. Alongside the Senior Management team, the successful candidate will develop short and long-range strategic plans to meet projected business growth.

Responsibilities

• Work with cross-functional team leads and leadership to establish priorities, understand scope, define and refine requirements around cost accounting, vendors, inventory management and systems, and liabilities.
• Responsible for inventory related projects, while representing the team through company initiatives, including: managing the Inventory team, executing quarterly counts across 20+ warehouses, reporting and analytics, and supporting month-end close.
• Utilize existing systems and understand how to develop reporting through new systems.
• Build out and implement plans for international expansion .
• Review and implement store and corporate procedures related to data integrity of billings, financial and replenishment inventory.
• Continually reports on inventory control risks and assist FP&A on forecast of returns reserve and shortages. 
• Lead the team on new processes and system implementations, acting as a subject matter expert in Reporting and Inventory and Control.

Oversight of Team Responsibilities: 

• • Ensure the reconciliation between the numerous Inventory Stock Ledger and General Ledger are reconciled and the team documents and understands reconciling items
  • Ensure Inventory in Transit is properly calculated and booked
  • Ensure cycle count and full physical counts are properly accounted for and documented to support established SOX Control
  • Performs analysis of cycle counts, physical counts and Marked Out of Stock (MOS) inventory adjustments, to support reserves and to identify and report trends to the appropriate teams.
  • Reviews and analyzes “returns” reserve.
  • Responsible for delivering month-end closing financial entries to accounting.
  • Update Sox Control narratives on Inventory and Revenue to ensure updated processes are appropriately documented.

Requirements:

• Bachelor’s degree in cost accounting or finance required
  • Master’s degree in Business preferred
  • CPA or CMA certification preferred 
• 12-15 years experience in inventory accounting
  • Minimum o5 years recent experience in a manufacturing environment 
• 5+ years of experience leading and coaching a team
• Possess a strong understanding of manufacturing, retail operations, and inventory accounting within a company with 500+ sku’s, ranging between raw materials, WIP, to finished goods; international experience is a plus
• Demonstrated knowledge of ERP systems such as MS Dynamics
• Passion for coaching and leading teams 
• Strong analytical and problem solving skills