Inventory Accountant (Associate to Senior) at Reformation

Vernon, California, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fashion, Apparel, RetailIndustries

Requirements

Bachelor's degree in Business, Accounting, or Finance, or equivalent combination of education and experience
Proficient in Excel – Pivot Tables, XLookup, VLookup, Index Match, Sumifs
2-3+ years’ experience in accounting (preferably in inventory accounting, manufacturing, or retail/fashion)
Large-scale ERP experience, such as NetSuite, Oracle etc. (a big plus for NetSuite)
Strong ability to problem solve, gather and analyze relevant information, and help with recommendations for resolutions
Ability to multitask and drive actions to completion to meet all deadlines
Must be able to collaborate and build positive relationships both within Finance as well as cross-functionally, to make recommendations, and drive process improvements effectively
Positive “can do” attitude and highly analytical; enjoys challenges
Detail-oriented and comfortable working with large data sets
Action-oriented and solution-driven with the ability to thrive in a fast-paced environment

Responsibilities

Prepare and record freight and duty accruals for both raw materials and finished goods
Maintain and reconcile in-transit accruals
Process brand marketing gifting reclasses and other ad-hoc inventory-related journal entries
Perform flux analysis for both BS account recs and month-end P&L entries
Compile WIP schedules and book raw material consumption journal entries
Create ad-hoc COGS-related entries and put together gross margin reporting
Prepare account reconciliations, such as prepaid inventory and accrued purchasing (RNV)
Partner with cross-functional teams including Marketing, Product Innovation, FP&A, and Purchasing to ensure accuracy of inventory records and entries
Analyze large data sets and run reports to support inventory reconciliations and month-end close activities in compliance with SOX and GAAP regulations
Support audit requests and provide accurate documentation

Skills

Accruals

Reconciliations

Journal Entries

Flux Analysis

WIP Schedules

COGS

Gross Margin Reporting

SOX

GAAP

Month-End Close

Data Analysis

Inventory Management

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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