CRAFT MEETS COMFORT. At Resident, we believe your living space shouldn’t just look good, it should feel good. That’s why we’ve created a house of brands that focuses on quality materials, timeless style, and most importantly, comfort. Our current brands include the award-winning Nectar, DreamCloud, Awara, and Siena products and we continue to invest in new categories to broaden our offering and address our customer’s needs.
Since our inception in 2017, Resident has become one of the fastest-growing, scaled, and profitable omnichannel retailers in North America. We are a disruptor in the broader home furnishings category underpinned by deep and proven expertise in data science & analytics, performance marketing, and e-commerce technology. As our business continues to grow, we are focused on building world-class retail, finance, operations, logistics, data science, performance marketing, and customer success-driven teams that thrive in a modern work environment.
At Resident, our staff is dedicated to the values of Excellence, Customer Love, Big Thinking, Inclusivity, and Forward Momentum.
This is a fully remote position. To be considered for this opportunity you must reside within and have the right to work within the United States
About the Role:
In this newly created position on our Accounting Team, the Manager, Inventory Accounting will report into the Director of Accounting Operations and take full ownership of all Inventory Accounting responsibilities in a fast paced and growing ecommerce and retail business. In this leadership role, you will have full oversight of all Inventory Accounting with the support of a Sr. Accountant, Inventory.
Key Responsibilities:
Account for inventory under US GAAP and in accordance with company accounting policies
Review monthly inventory-related journal entries
Review monthly inventory-related balance sheet account reconciliations
Perform flux analysis on respective balance sheet and P&L accounts
Execute completion of all month/quarter/annual close processes timely and in adherence to close calendar
Ensure stock ledger is reconciled to 3PL reporting weekly, at a minimum
Collaborate with Technical Accounting on appropriate accounting for inventory transactions
Partner with FP&A on budget/forecast and close results
Partner with Supply Chain/Ops on developing/revising processes and policies, creating budgets/forecasts, and providing/understanding actual results, etc.
Understand and observe physical inventory processes and counts
Perform inventory analysis to determine appropriate reserve and methodologies for shrink and excess/obsolete/slow-moving inventory
Design, document, implement, and execute internal controls to ensure inventory transactions and balances are accurately reported
Perform analysis and provide insight into account balance details and drivers of change, particularly around COGS
Support external audit by providing timely and accurate support schedules as requested
Continuous evaluation and identification of process improvements
Cultivate strong partnerships with Accounting, Finance, Supply Chain/Ops, and other functions
Mentor and develop junior staff members
Conduct ad-hoc analysis and tasks as requested
Handle special projects related to technology, systems, automation, new initiatives, or other requests
Skills/Competencies:
Ability to work in ambiguous, unstructured, fast-paced and dynamic environment
Accountable to content of work product and meeting deadlines
Ability to multi-task with strong sense of urgency
Excellent verbal and written communication skills
Possess agility and ability to prioritize
Collaborative with others at all levels within and outside Finance
Self-motivated, proactive, and inquisitive
Ability to work independently without a lot of guidance
Strong organization skills and attention to detail
Excellent work ethic
Results-oriented
Ability to turn a thought into execution
Process mindset with continuous improvement mentality
Analytical and problem-solving skills
Experience with developing, implementing, and executing effective internal controls
Comfortable with change and quick learner of new skills, processes, tools, and accounting concepts
Strong computer skills, including proficiency in Excel (pivot tables, lookups, etc.)
Qualifications:
Bachelor’s or Master’s degree in Accounting from an accredited university
CPA (or path to it) required; MBA a plus
7+ years of work experience in an Accounting role
Inventory accounting experience required
Retail and/or e-commerce experience a plus
Knowledge of US GAAP and internal controls
Big 4 and or public company experience preferred
NetSuite experience a plus
What We Offer (subject to eligibility requirements):
Remote-first workplace (since 2016!)
Competitive salary
Annual bonus potential
Health, Vision & Dental Insurance
HSA company contributions
401K with company match component
“Take what you need” PTO
Wellness benefits
WFH office and cell phone/internet stipend
A FREE MATTRESS plus an awesome Friends and Family discount!
If you reside in a state or location where pay transparency laws or regulations have been adopted please read the following: The salary range for this position is $93,600 – $128,500. We carefully consider a wide range of compensation factors, including your background, skills, qualifications, experience, geographic location and other non-discriminatory factors. These considerations can cause your compensation to vary. [Additionally, this role might be eligible for discretionary bonuses or commission payments]. For more information regarding the pay range applicable for this position, please contact us at [email protected]
Resident is a privately-held company headquartered in San Francisco, CA., with a dedicated New York City office, London and an R&D facility in Tel Aviv. Learn more at: https://www.residenthome.com
We are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, ancestry, sex, religion, gender, gender identity or expression, sexual orientation, marital status, national origin, genetics, disability, age, veteran status or other characteristics.
