Cost Accounting Manager at Reformation

Vernon, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fashion, Apparel, RetailIndustries

Requirements

3+ years of cost accounting experience within an e-commerce, retail or CPG environment
Bachelor’s / Four (4) year degree in Finance, Accounting, or similar field required
2 years of large-scale ERP experience (Netsuite experience a plus)
Expert Excel aptitude with ability to work with large data sets and advanced formulas (Pivot Tables, XLOOKUP’s, etc)
Strong problem-solving aptitude. Identify root causes, gather and process relevant information, and make recommendations for solutions
Ability to effectively analyze transactional-level detail in an enterprise resource planning system and articulate the key findings to management
Must be able to collaborate and build positive relationships cross-functionally to effectively make recommendations and implement process improvements
Action-oriented and solution-driven with the ability to thrive in a fast pace environment

Responsibilities

Prepare journal entries and account reconciliations focused on inventory and cost accounting
Prepare monthly flux explanations and gross margin analysis
Perform monthly purchase price variance and received-not-vouchered reconciliation (RNI)
Prepare monthly SL to GL inventory reconciliation and investigate discrepancies
Work with the inventory control manager to ensure inventory transactions are recorded accurately
Manage inventory accounting team to assist in the 3-way match process, investigate inventory discrepancies, and work with AP, Production and DC operations on variance resolution
Review and help maintain accurate inventory costs in our ERP (NetSuite)
Ad hoc analysis related to inventory and COGS fluctuations
Manage and develop inventory accounting staff
Serve as a key point of contact for external auditors and consultants to support inventory cost testing

Skills

NetSuite

Cost Accounting

Inventory Accounting

Journal Entries

Account Reconciliations

Gross Margin Analysis

Purchase Price Variance

3-Way Match

ERP

Inventory Reconciliation

Reformation

Sustainable fashion brand offering eco-friendly clothing

About Reformation

Reformation focuses on sustainable fashion by offering eco-friendly clothing options in a market known for its environmental impact. The company provides a range of stylish clothing items, including jeans, dresses, and wedding attire, while also releasing seasonal collections to align with current fashion trends. Reformation sells its products directly to consumers through its website and physical retail stores, ensuring a seamless shopping experience without extra charges at checkout. This direct-to-consumer model allows Reformation to maintain control over its brand and pricing, making its products more accessible. The company promotes sustainability through initiatives like encouraging customers to recycle their clothing in exchange for store credit, fostering customer loyalty. Reformation's goal is to clean up the fashion industry by making sustainable choices fashionable and available to eco-conscious consumers.

Vernon, CaliforniaHeadquarters

2009Year Founded

$36MTotal Funding

SERIES_BCompany Stage

Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

401(k) Company Match

Risks

Increased competition in sustainable fashion could dilute Reformation's market share.

Rapid store expansion may strain resources and lead to operational inefficiencies.

Automation partnership with Element Logic could face implementation challenges.

Differentiation

Reformation uses sustainable fabrics and vintage garments to reduce environmental impact.

The company operates a direct-to-consumer model, cutting out middlemen to control costs.

Reformation's quick design-to-market process allows it to release trendy collections swiftly.

Upsides

Growing consumer interest in sustainable fashion boosts Reformation's market potential.

Partnerships with tech companies enhance operational efficiency and customer experience.

Reformation's collaborations with brands like Veja expand its product offerings.

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