Senior Inventory Accountant

| Greater LA Area
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FabFitFun is searching for a Senior Inventory Accountant to join FabFitFun's Finance and Accounting team. This individual will report to the Director, Inventory Accounting and have the opportunity to greatly impact and improve inventory processes within a growing eCommerce business. We are looking for someone who is excited to work with a high volume of inventory at a fast-paced warehouse.

Please note, this role will require weekly travel to our Fulfillment Center in Chino 

What You’ll Do:

  • Manage and report warehouse inventory levels by product line and SKU; including inventory excess and obsolete balances, inventory projections, inventory turns, and other inventory management measures
  • Work closely with Merchandising, Operations, Warehouse, and other cross-functional departments to identify and implement strategic objectives for improving inventory performance
  • Partner with Data Engineering to update and maintain the inventory management business intelligence dashboard to make sure data is relevant and accurate
  • Publish weekly and monthly inventory KPI’s; such as inventory value, inventory turns, weeks of supply and reserve balances by product type to share with key stakeholders
  • Maintain inventory accounting reports that compare open PO’s, inventory receipts and matched receipts, with adequate variance analysis
  • Review bill of material costs to ensure accuracy in the warehouse management system, and approve item and box build standard costs as needed
  • Perform balance sheet inventory account reconciliations and cost of goods sold analysis
  • Responsible for accurate tracking of RTV, donations, liquidations, and disposition of related inventory, and collaborate with the Director of Inventory Accounting to make sure resulting inventory adjustments and valuations are accurately reported in the financial statements
  • Orchestrate the month end close process; complete pre-close tasks, run month end inventory report, analyze and understand gross margin fluctuations period over period, compare and understand AOP cost of goods sold assumptions and communicate on significant variances and transactional activities to Operations team
  • Collaborate with Accounts Payable team to improve GL coding accuracy and inventory accruals
  • Create quarterly bank debt covenant reporting
  • Support timely internal and external audit requests
  • Assist physical inventory reconciliations, performance measure analysis, and other ad hoc projects

 

What You'll Bring:

  • Bachelor's degree in Accounting/Finance or equivalent field, CPA a plus
  • 4+ years of relevant accounting experience
  • Strong knowledge of GAAP
  • Excellent analytical skills with a focus on inventory management and control systems
  • Advanced knowledge in Microsoft Excel
  • Demonstrate an ability to work independently, think critically, and execute well in a fast-paced environment
  • Effectively communicate and collaborate with teams across all departments

 

Bonus Points:

 

  • Background in MRP planning and inventory management and reporting
  • Experience with a retail, merchandising, or manufacturing preferred
  • Familiarity with warehouse management systems, High Jump (WMS) preferred
  • Knowledge of inventory accounting for both purchased and manufactured goods at a high volume

 

What You'll Get:

  • Amazing benefits including medical, dental, vision, FSA, and 401k
  • The​​ opportunity​ ​to​ ​work​ ​in ​​a​ ​collaborative environment​ ​full​ ​of​​ bright, driven, and happy​​people​
  • Be a part of one of the fastest growing companies in the US that is revolutionizing eCommerce
  • Flexible PTO
  • Free FabFitFun subscription and quarterly credit in the Add-Ons store

FabFitFun sits at the intersection of content, commerce, and community. We inspire over one million members to lead happier, healthier lives through product and brand discovery and continuously find innovative ways to offer our members value beyond the box. To achieve this, we are building a talented team of collaborative individuals with strategic minds and entrepreneurial identities.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • SqlLanguages
    • ReactLibraries
    • ReduxLibraries
    • MySQLDatabases
    • PostgreSQLDatabases
    • Google AnalyticsAnalytics
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • SketchDesign
    • AsanaManagement
    • WrikeManagement
    • SalesforceCRM
    • IterableEmail

Location

In the heart of West Hollywood! Close to many staples of the LA area including The Beverly Center, The Grove and popular restaurants and bars.
Out of the Box: How Subscription Box Service FabFitFun Experiments to Innovate
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An Insider's view of FabFitFun, Inc.

How would you describe the company’s work-life balance?

After being at this company for a few years, balancing work and life has never been a concern for me. Between the flexibility to work from home when necessary, to traveling the world, this company always encourages a balance. I really appreciate that I never have to put my life on pause -- it’s a freedom that makes this company so wonderful.

Taylor

Customer Acquisition Specialist

How has your career grown since starting at the company?

My career has grown tremendously since joining FabFitFun in 2015! I started as a Jr. Account Manager, and have worked my way up to Director, Strategic Merchandising! FabFitFun helped me to not only switch teams, but also encouraged me to take courses on any skills that I wanted to improve for my new position.

Carly

Director, Strategic Merchandising

How do you make yourself accessible to the rest of the team?

I believe in casually connecting with my team on a regular basis. During lunch I will often go to one of our team rooms and eat with them, and aim to not talk about work. My hope is that this connection will encourage them to ask me when they need something. I also try to encourage direct feedback by being grateful for ANY feedback I receive.

Arjen

SVP, People

What are FabFitFun, Inc. Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Each of our seasonal boxes partners with a charity/nonprofit organization.
Friends outside of work
Eat lunch together
Daily stand up
Open door policy
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Highly diverse management team
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Acme Co. provides employees with a flexible work schedule that includes Flexible start and end times.
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Stocked kitchen with amazing snacks that suit both looking for something healthy or a sweet treat in the afternoon. Kombucha & cold brew also on tap!
Some Meals Provided
FabFitFun offers 3 catered a meals a week at our HQ in West Hollywood. Breakfast provided on Monday, while Lunch is provided on Tuesday and Friday.
Happy Hours
Happy hours are hosted Once per month.
Parking
Paid parking available for all of our employees with a paid parking incentive for those who commute to the office and don't require a parking spot or vouchers.
Pet Friendly
Dog friendly office!
Relocation Assistance
Fitness Subsidies
You will have access to our online digital streaming platform (FabFitFun TV) that hosts a library of online fitness classes from top studies. Also hosted fitness classes every quarter in nearby gyms.
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Promote from within
Online course subscriptions available

Additional Perks + Benefits

Generous compensation package and extensive benefits. 12 weeks’ paid parental leave. Free FabFitFun subscription and tons of beauty freebies! Daily impact on personalizing the FabFitFun member experience.

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