Director, Accounting, Naturium at E.L.F. BEAUTY in Oakland, CA

About the Company
e.l.f. Beauty, Inc. stands with every eye, lip, face and paw. Our deep commitment to clean, cruelty free beauty at an incredible value has fueled the success of our flagship brand e.l.f. Cosmetics since 2004 and driven our portfolio expansion. Today, our multi-brand portfolio includes e.l.f. Cosmetics, e.l.f. SKIN, pioneering clean beauty brand Well People, Keys Soulcare, a groundbreaking lifestyle beauty brand created with Alicia Keys and Naturium, high-performance, biocompatible, clinically-effective and accessible skincare.
In our Fiscal year 24, we had net sales of $1 Billion and our business performance has been nothing short of extraordinary with 24 consecutive quarters of net sales growth. We are the #2 mass cosmetics brand in the US and are the fastest growing mass cosmetics brand among the top 5. Our total compensation philosophy offers every full-time new hire competitive pay and benefits, bonus eligibility (200% of target over the last four fiscal years), equity, flexible time off, year-round half-day Fridays, and a hybrid 3 day in office, 2 day at home work environment. We believe the combination of our unique culture, total compensation, workplace flexibility and care for the team is unmatched across not just beauty but any industry.
Visit our Career Page to learn more about our team: https://www.elfbeauty.com/work-with-us
Position SummaryWe are currently looking for an analytical, collaborative and organized Director of Accounting to join Naturium, our dynamic, high-growth skincare company.
The Director, Accounting, Naturium is responsible for day-to-day financial reporting and the execution of month-end close. The role applies experience and knowledge of generally accepted accounting principles to analyze financial information and prepare financial reports. They will apply their experience and knowledge of generally accepted accounting principles to analyze financial information and prepare financial reports. They will also maintain the general ledger and review monthly reconciliations of balance sheet accounts. We will expect them to communicate financial results and key drivers of performance. Last, initiate processes and streamline existing processes for efficiency and to sustain future growth of enterprise.
This position will be remote or hybrid remote if located near our offices in West Hollywood, CA or Oakland, CA which are currently open in a hybrid model.
Responsibilities:
Responsible for oversight of the monthly and annual financial statement closing process and review preliminary results for variances, reasonability, etc
Prepare monthly financial reporting package and supplemental reports to be distributed to management and business partners. - Communicate key drivers of financial performance to the VP, Finance, Naturium
Maintain the general ledger. Review monthly reconciliations of balance sheet accounts prepared by Accounting Manager and Inventory - Accounting Manager. Ensure all balance sheet accounts are reconciled and accurate
Manage a team of accounting professionals to support the needs of the organization efficiently and effectively
Assist with establishing and maintaining corporate accounting policies, procedures and internal controls to ensure conformance with US GAAP and SOX laws/regulations
Ensure proper application of ASC 606 for D2C revenue and sales to retailers. Oversee review and documentation of nuances between customers and channels
Draft and/or review technical accounting memos and standard operating procedures to document appropriate application of GAAP and to support external audits
Review payment requests and submit batch payments for approval. Assist with treasury management and short-term cash forecasting
Review journal entries prepared by team members for appropriate coding and support.
Initiate processes and streamline existing processes for efficiency and to sustain future growth of enterprise
Monitor and maintain integrity of ERP system integrations that may impact financial reporting, including platforms that support 3PL services, D2C sales, bill payment services, and retailer EDI.
Establish and maintain fiscal files and records to document transactions
Contribute to external audits, which may include reviewing work-papers prepared by accountants/others, submitting requests and coordinating to ensure audit timelines are met, and escalating issues as they arise
Contribute to tax compliance initiatives and manage requests initiated by the tax team
Perform other related duties as necessary or assigned
Requirements:
B.S./B.A. in Finance, Accounting or equivalent; MBA a plus.
7+ years of experience in Consumer Products or Retail, with public accounting experience required.
CPA is a plus with 3+ years of audit experience from a global or national CPA firm
Experience in a consumer products company or retailer dealing with trade spending a plus
Inventory experience required
Excellent knowledge and application of US GAAP
Advanced knowledge and experience in Excel and proficiency in Microsoft Office
Strong project management skills
Direct experience with Accounting ERP systems (NetSuite or SAP), and Bill.com
Proven ability to operate and thrive in a fast-paced, high-growth company by maintaining focus, strong organization, and time management skills
Solution orientated and innovative with the desire to bring ideas forward and get involved in all areas of the business
Excellent relationship skills, a team player with the ability to inspire others
Ability to communicate clearly and concisely, verbally and in writing
Ability to perform tasks concurrently with ease and professionalism
Flexible to respond to requests and work cross-functionally
Strong work ethic, integrity, and commitment to excellence
This job description is intended to describe the general nature and level of work being performed in this position. It also reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be considered, as detailed description of all the work required inherent in the job. It is not an exhaustive list of responsibilities, and it is subject to changes and exceptions at the supervisors' discretion.
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