Senior Cost Accountant

Posted 8 Hours Ago
Be an Early Applicant
Commerce, CA
90K-110K Annually
Mid level
Fashion • Retail
The Role
As a Senior Cost Accountant, you will oversee inventory accounting and valuation, manage monthly closing activities, analyze cost of goods sold, and improve financial processes in a fast-paced manufacturing environment.
Summary Generated by Built In

WHY JOIN ALO?

Mindful movement. It’s at the core of why we do what we do at Alo—it’s our calling. Because mindful movement in the studio leads to better living. It changes who yogis are off the mat, making their lives and their communities better. That’s the real meaning of studio-to-street: taking the consciousness from practice on the mat and putting it into practice in life.

OVERVIEW

We are seeking a highly skilled and driven Senior Cost Accountant to join our team. In this pivotal role, you will manage all aspects of inventory accounting, cost accounting, and inventory valuation for our large manufacturing entity. This includes managing monthly closing activities and working closely with our Business Technology Solutions group to enhance processes and reporting. We are looking for a motivated individual who thrives in a fast-paced environment, excels at managing multiple priorities, and is both a self-starter and a collaborative team player.

RESPONSIBILITIES  

  • Collaborate cross-functionally with business partners to ensure accurate monthly financial closing, including calculations and analyses of inventory balances, obsoletes, capital expenditures, margin analysis, operating expenses, and other inventory reserve accounts. 
  • Prepare detailed account analyses and balance sheet reconciliations for respective GL accounts and COGS reconciliation across all global operating entities. 
  • Continuously monitor inventory balances and report on inventory adjustments, as well as review and validate cost of goods sold (COGS). 
  • Review and explain month-to-month fluctuations on balance sheet and P&L statements. 
  • Prepare manual journal entries related to expenses and in-transit inventory accruals. 
  • Collaborate with the Logistics and Production teams to resolve inventory discrepancies by performing reconciliations against warehouse and system data. 
  • Work closely with the business operations and business systems teams to identify opportunities for process improvements and automation within the supply chain and inventory modules. 
  • Perform standard cost reviews and communicate changes to relevant teams. 
  • Understand and document the Company’s end-to-end inventory processes. 
  • Support year-end audits, including potential physical inventory counts at warehouses. 

QUALIFICATIONS

  • Bachelor’s degree in accounting, Finance, Economics, or a related field. 
  • 3+ years of cost analysis experience in a complex manufacturing environment, preferably in the apparel industry. 
  • Preferred knowledge of Cost Accounting, Supply Chain, and Operations. 
  • Expertise in standard costing and accounting principles. 
  • Experience with ERP systems that support manufacturing operations. 
  • Proficient in financial and operational controls. 
  • Proven experience in leading and implementing process improvements. 
  • Intermediate MS Excel skills (ability to maintain complex spreadsheets, use xlookup, sumif, pivot tables, etc.). 
  • Demonstrated ability to challenge conventional practices, use creativity and information to lead processes, innovate, problem-solve, and implement ideas to contribute to organizational growth. 

The base salary range for this position is $90k - $110k  per year which represents the current range for the base salary for this exempt position. Please note that actual salaries will vary based on factors including but not limited to location, experience, and performance. As such, on occasion and when applicable, there is the possibility that the final, agreed-upon base salary may be outside of the upper end of the range. Please also note the range listed is just one component of the company’s total rewards package for exempt employees. Other rewards may include performance bonuses, long term incentives, a PTO policy, and many other progressive benefits. 

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Top Skills

Excel
The Company
HQ: Beverly Hills, CA
530 Employees
On-site Workplace
Year Founded: 2007

What We Do

Mindful movement. It’s at the core of why we do what we do at Alo—it’s our calling. Because mindful movement in the studio leads to better living. It changes who yogis are off the mat, making their lives and their communities better. That’s the real meaning of studio-to-street: taking the consciousness from practice on the mat and putting it into practice in life.
That’s why we started Alo —to spread good: to anyone who is experiencing the transformative power of yoga, to the world’s best yogis who wear Alo to practice because it’s the only line that actually elevates their practice, to the celebrities and the fashion-forward who wear Alo because it’s the perfect street brand, comfortable, contemporary and decidedly not just for the mat.
Creating garments that carry over to the street, into a life lived consciously, takes mindful movement one step further: a beautiful life celebrated with beautiful design. Capturing what’s trending in contemporary fashion with both the women’s and men’s collections makes it so Alo can travel beyond the studio. Luxury meets performance in every collection.
Mindful movement carries over to life at Alo, where there’s a solar-powered office, yoga five days a week for employees at our on-site gym, electric-car charging stations, an advanced recycling program that reduces waste to that of a small household, and meetings outside by the fountains in our meditative Zen garden. We have a gong. And we use it. Our stores are designed to be places to commune—people and ideas mingle over organic juice, kombucha and coffee. And the airy yoga studio and roof deck at our Beverly Hills flagship store is where it’s really happening. There’s even a super-sized cosmic mural on one wall—come by for some astral travel (or just to take an Instagram pic).

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