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 25, 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.
rhode is seeking a detail-oriented and experienced Senior Inventory Accountant to manage and improve all aspects of inventory accounting. This role plays a critical part in analyzing system-to-3PL variances, managing inventory reserves, and leading account reconciliations. You’ll also help design and execute monthly financial and operational reporting, and conduct detailed inventory and cost analysis to ensure accurate and timely financials.
This is a high-impact position that collaborates cross-functionally with our Operations, Finance and Accounting, and offers the opportunity to contribute to key process improvements as we scale.
Key Responsibilities
●Collaborate closely with Operations and Accounting teams to ensure the accuracy and integrity of inventory balances across systems; proactively identify and address variances.
●Oversee and support the quarterly cycle count process; reconcile inventory balances between internal systems and 3PLs. Investigate discrepancies and partner with Operations to resolve.
●Prepare quarterly excess and obsolescence inventory analyses and recommend reserve adjustments based on findings.
●Perform and/or review month-end journal entries and account reconciliations for all inventory-related accounts, including:
○Prepaid inventory
○Inventory in transit
○Inventory received not billed
○Landed cost accruals
○COGS
○Purchase price variances
○Inventory adjustments
●Serve as the primary inventory contact for external audits, preparing documentation and collaborating with both auditors and internal stakeholders to ensure audit readiness and compliance.
●Conduct in-depth inventory, cost, and margin analyses, identifying trends and providing actionable insights to management.
●Support and enhance internal controls over inventory accounting processes; assist in documenting and improving procedures.
●Participate in special projects and ad hoc analyses as requested by leadership.
Qualifications
●Bachelor’s degree in Accounting, Finance, or related field.
●3–5+ years of hands-on inventory accounting experience; prior audit experience is a plus.
●Strong working knowledge of US GAAP and inventory valuation methodologies.
●Advanced Excel skills; proficient in Microsoft Office Suite.
●Proven ability to work independently and collaboratively across departments.
●Strong analytical, problem-solving, and organizational skills.
●Excellent written and verbal communication skills.
Preferred Attributes
●A proactive and strategic thinker with high attention to detail.
●Thrives in a fast-paced, evolving environment with multiple priorities
●Team player with the ability to work cross-functionally and build relationships at all levels.
●Self-starter who takes ownership and demonstrates initiative.
●Strong leadership presence with the ability to influence and drive results.
●Committed to continuous improvement and professional growth.
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.
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