Staff Accountant

Description

Scentsy is looking for a Staff Accountant to ensure the accurate costing of inventory and oversee proper handling of inventory transactions, including cycle counts and year-end physical inventories. This role supports the month-end close process, conducts variance analysis, and manages accounting for Excess and Obsolescence (E&O) reserves, while providing guidance to maintain accuracy and compliance in all inventory-related activities.

What You'll Do:

• Perform monthly analysis of inventory and variance accounts to ensure all inventory-related accounts are reconciled for accuracy and reasonableness on a monthly basis
• Review, summarize, and report recommendations on inventory, E&O reserve, and gross margin
• Develop and/or improve upon established policies and procedures to enhance inventory control efforts, including the cycle counting process, scrap process, etc.
• Become a business partner with the Operations departments
• Ensure the accurate and timely recording of inventory transactions
• Prepare monthly journal entries and account reconciliations in an accurate and timely manner
• Ensure physical inventories are scheduled and performed
• Review cycle count results and validate the effectiveness of the process and results
• Prepare costed BOM's from the ERP system with the ability to drill into details and identify any inconsistencies with costs, including freight and duties where applicable
• Assist with annual audits, domestic and international
• Apply sound judgment based on accounting principles
• Produce various schedules in conjunction with financial reporting on a daily, weekly, monthly, and annual basis
• Review system processes from purchasing to receiving to invoicing to ensure inventory is properly accounted for
• Maintain confidential and proprietary information
• Perform all other assigned tasks and requirements as needed

We're Looking For:

• Bachelor's degree in Finance or Accounting required
• 2+ years of finance/accounting experience required
• 2+ years of cost accounting experience preferred
• SAP experience preferred
• Experience in a multi-national company preferred
• Certified Public Accountant (CPA) and/or Certified Management Accountant (CMA), nice to have
• Keen attention to detail
• Skilled Excel user, able to create and maintain complex spreadsheets
• Strong understanding of inventory cost calculations and methods, including Standard Cost, and FIFO / Periodic Unit Price
• Strong understanding of inventory management controls and practices
• Excellent data analysis skills
• Excellent communication and interpersonal skills (verbal and written) with the ability to interact with all levels within the organization
• Self-motivated with the ability to prioritize and work under deadlines
• Commitment to excellence and high standards