Inventory Accounting Manager
ALO is seeking a highly skilled and driven Inventory Accounting Manager to join our team in Commerce, California. In this key role, you will own all aspects of inventory accounting, cost accounting, and inventory valuation for our large retail and manufacturing entity. This includes managing monthly closing activities, working closely with our Finance and Operations business partners to analyze and report on business trends, and collaborating with our Business Technology Solutions group to enhance processes and reporting. The ideal candidate is a self-starter who thrives in a dynamic environment, effectively manages multiple priorities, and works well both independently and within a team. A critical part of this role will involve partnering with our Business Technology Solutions group to implement meaningful enhancements in reporting and operational efficiency.
Key responsibilities include overseeing all accounting, reporting, and analysis related to inventories, gross margins, and standard costs. You will prepare and review monthly journal entries related to inventory and cost of goods sold (COGS), ensuring accurate recording of inventory movements and accruals. During the monthly financial close, you will ensure inventories are properly valued and appropriately reserved under US GAAP, investigate significant variances between budgeted and actual margins, and prepare reconciliations for all inventory-related accounts across global operations. Additionally, you will act as the primary finance liaison during physical inventory counts and establish internal controls related to inventory and COGS.
The ideal candidate will have a minimum of 6 years of accounting experience, preferably in public accounting and/or the apparel retail industry, and a bachelor's degree in Finance or Accounting. A CPA qualification is preferred. Strong analytical skills, a sound understanding of accounting principles, and expertise in standard costing are essential. Exceptional project management and presentation skills, along with effective and professional communication abilities, are required. Experience leading and coaching teams, with a track record of improving team performance and advancing individual skill development, is highly valued.
The base salary range for this position is $140,000 to $160,000 per year, representing the current range for this exempt position. Actual salaries will vary based on factors including but not limited to location, experience, and performance. Other rewards may include performance bonuses, long-term incentives, a PTO policy, and many other progressive benefits.
ALO is committed to fostering a culture of mindful movement and better living. Joining our team means becoming part of a community that values taking the consciousness from practice on the mat and putting it into practice in life. We offer growth opportunities and a dynamic work environment where your contributions can make a meaningful impact.