Staff Accountant
Food52
ABOUT THE ROLE
The Staff Accountant ensures the accuracy and integrity of the company’s inventory and cost accounting as well as gross margin reporting functions. Working under the supervision of the EVP of Finance, the Staff Accountant will be responsible for the ongoing accounting, analysis and reporting of inventory, cost of goods sold and gross margin as well as general support of accounting processes across the business.
KEY RESPONSIBILITIES
- Prepare month-end cost accounting journal entries and account reconciliations. Maintains and updates cost accounting inputs in ERP, as part of the monthly close.
- Reviews and analyzes actual cost of goods sold and related balance sheet accounts to ensure completeness and accuracy.
- Reviews standard and actual costs for inaccuracies.
- Develops, standardizes, and enhances systems and procedures for cost accounting and gross margin functions. Focuses on creation of analysis tools and company-wide reporting with use of best practices.
- Enhances processes to review Bill of Material (BOM) set up for accuracy and completeness; enhance ongoing review procedures.
- Assists in preparation, review and updates to Operations budget and forecast.
- Engages as a primary subject matter expert for gross margin, collaborates cross-functionally and provides clear guidance across all key stakeholder groups.
- Partners with the Product Team to assist in pricing and make/buy decisions; ensure alignment on gross margin impact as it relates to Company financial targets.
- Prepares monthly gross margin financial metrics to be reviewed with EVP of Finance.
- Assists Accounting Team in the completion of the monthly close and financial reporting processes as related to gross margin and cost accounting, as needed.
- Design and lead annual physical inventory count process. Act as liaison between auditors and internal team for inventory related audit procedures and compliance
ADDITIONAL FUNCTIONS:
- Participates in project teams, as necessary, to facilitate review of new deals/transactions, process improvements and address changing business requirements.
- Maintains and updates accounting policies, procedures, and white papers on key issues relevant to gross margin.
- Works closely with various business units on ad hoc assignments in improving the overall financial efficiency and profitability for the organization
- Prepares timely and accurate reports, variance analysis and commentary as needed.
- Assist in the development of annual forecasts and budgets.
- Assist with the monthly close process and preparation of financial statements.
- Special projects as assigned.
QUALIFICATIONS:
- A bachelor’s degree in accounting, business administration or a related field.
- 5 plus years of year previous accounting work experience; with cost accounting included
- Public accounting experience is a plus.
- Excellent attention to detail and strong analytical and problem-solving skills
- Strong Excel skills
- Previous ERP experience is a plus, SAP experience preferred.
- Able to organize and manage own work
- Working knowledge of US GAAP
- Ability to work independently and with a team in a fast-paced and high-volume environment with emphasis on accuracy and timeliness
- Excellent written and verbal communication skills, including ability to interact effectively with all levels throughout Company organization
WORKING AT FOOD52
Food52 is committed to providing our team with a competitive benefits package. Some of our benefits include:
- Health benefits (medical, dental, and vision)
- Unlimited paid time off
- Monthly fitness reimbursement
- Citibike (NYC) or BikeTown (PDX) company-sponsored annual membership
- Generous employee discount across our brand portfolio
- 401K
- FSA / HSA
EEO STATEMENT
Food52 is proud to be an equal opportunity workplace, providing equal employment and advancement opportunities to all team members. We value diversity and recruit, hire, and promote individuals solely based on talent, qualifications, competence, and merit. We evaluate candidates without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other protected characteristics as required by law and as a matter of our company values.