The Senior Accountant will oversee month-end close activities, manage revenue and sales adjustments, and ensure compliance with GAAP and internal policies.
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 skin care.
In our Fiscal year 24, we had net sales of $1 Billion and our business performance has been nothing short of extraordinary with 26 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 six 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
About the Role
e.l.f. Cosmetics is currently looking for a detail-oriented, organized, and collaborative Senior Accountant to join our dynamic, high-growth beauty company to support the Naturium brand. This newly created role will report directly to the Manager, Accounting, Naturium.
This Senior Accountant role will be responsible for the execution of our month-end close activities for Revenue and Sales Adjustments. In this role, you will work closely with Sales teams to accurately report monthly allowances through discussions with cross functional partners, reviewing contracts, and calculating estimates. Additionally, this role will prepare general ledger related accounting activities including journal entries, account reconciliations, account fluctuations, and financial audits.
The ideal candidate has a CPA and brings 3-5 years of experience in Accounting, including audit experience from a global or national accounting firm. Public company experience as well as CPG experience is a plus. This individual should be a self-starter with a strong financial accounting background and a passion for process improvements. This individual should be comfortable working with cross functional partners and should have strong interpersonal verbal and written communication skills. Finally, the best hire will be someone who embraces e.l.f.’s dynamic culture of executing with speed and quality to drive solutions. And if you have a passion for beauty, it’s a definite plus!
This position can be based in any of our west coast e.l.f. offices (Oakland or L.A.).
Responsibilities
- Prepare monthly sales allowance accruals, account reconciliations, and other related accounting entries
- Partner with Sales teams to develop retailer specific estimates for monthly allowances (e.g. markdowns)
- Prepare quarterly lag analysis and rate analysis for the general reserve
- Reviews new customer contracts
- Review monthly allowances and deductions with Sales Teams
- Perform month end tasks and reconciliations related to D2C sales channels including revenue deferrals (e.g. loyalty programs)
- Work closely with AR and deductions teams and report key insights and KPIs to management regularly
- Continually implement process improvements in day-to-day activities
- Assist in assuring effectiveness of control environment for Sales Allowance activities. Includes compliance with U.S. GAAP, SOX, and Delegation of Authority requirements. Ensure compliance with company policies (e.g. Financial, Procurement, etc.)
- Provides outside auditors with assistance and gathers necessary documentation for quarterly reviews and year-end audits.
- Support team on other month-end close procedures, as assigned
- Performs other related duties as assigned.
Requirements
- 3-5 years in accounting, including audit experience from a global or a national accounting firm
- CPA Required
- CPG experience and experience with major retailers is required
- Public company is a plus
- Strong financial accounting understanding
- Comfortable working with cross functional partners including upper-level management
- Strong written and verbal communication skills
- Good understanding of ASC 606 Revenue Recognition with emphasis on consideration payable to a customer.
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.
e.l.f. Beauty respects your privacy. Please see our Job Applicant Privacy Notice (www.elfbeauty.com/us-job-applicant-privacy-notice) for how your personal information is used and shared.
Top Skills
Asc 606
Financial Audits
Sox
U.S. Gaap
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