The Director, Wholesale Accounting is a critical role responsible for overseeing complex accounting areas within the Company’s wholesale channel, including month-end close, balance sheet reconciliations, general ledger management and reporting, while ensuring compliance with accounting standards and internal policies.
The Director, Wholesale Accounting will work closely with cross-functional teams including FP&A, IT, AR, AP, Tax, Treasury, and Operations, and will play an integral role in driving process improvements, supporting audits, and providing accurate and timely financial reporting. Success in this role requires a deep understanding of the Company’s operations, technical accounting expertise, and the ability to lead and develop a high-performing team. Leadership, communication, and collaboration will be key to achieving excellence in this position.
Impact & Contribution:
Contributions are expected to include:
- Drive Accuracy and Timeliness of Financial Reporting
- Ensure almost flawless execution of month-end close processes, balance sheet reconciliations, and general ledger oversight to deliver accurate and timely financial statements.
- Lead Wholesale Accounting
- Perform reviews of complex accounting areas such as inventory reserves and production overhead capitalization; own accounting for customer deductions and revenue recognition.
- Enhance Operational Efficiency and Internal Controls
- Implement process improvements, strengthen internal controls, and optimize accounting workflows to support scalability and compliance with GAAP and corporate policies.
- Cross-Functional Leadership and Collaboration
- Partner with FP&A, IT, AR, AP Tax, Treasury, and Operations to align accounting practices with business objectives, support audits, and drive system enhancements.
- Develop and Mentor a High-Performing Team
- Provide guidance and professional development to accounting staff, fostering a culture of accountability, technical excellence, and continuous improvement.
Our Best Fit Candidate Would Have
Responsibilities:
- Oversee and execute core accounting functions, including reconciliation and accurate reporting of financial activity.
- Lead assigned monthly close processes and ensure timely completion of management reporting.
- Manage complex accounting areas such as inventory reserves, production overhead capitalization, wholesale sales dilution reserves, revenue recognition and gross profit review.
- Review and approve balance sheet reconciliations with supporting documentation; provide variance commentary and ensure checklist compliance.
- Collaborate cross-functionally with FP&A, IT, AR, AP, Tax, Treasury, and Operations to improve processes, policies, and systems.
- Supervise preparation of reports required for the Company’s asset-backed lending facility.
- Develop and maintain documented policies, procedures, and workflows for assigned areas.
- Function as a key point of contact for auditors; provide quality and timely responses to audit requests.
- Provide leadership and guidance to staff on technical accounting issues, operational tasks, and professional development.
- Build strong, collaborative relationships across the organization.
- Proactively drive innovation and change in key areas, including the monthly close and reporting; lead ad hoc projects and strategic initiatives.
Qualifications:
- Bachelor’s degree in accounting or finance; CPA strongly preferred
- 8+ years of progressive accounting experience, including leadership roles; public accounting background
- Strong knowledge of U.S. GAAP, including revenue recognition principles
- Advanced Excel skills; SAP experience preferred
- Excellent analytical, organizational, and communication skills
- Ability to manage multiple priorities in a fast-paced environment with high level of accuracy
- Able to work independently and take initiative
- Previous experience with companies engaged in wholesale distribution of apparel, accessories, or other consumer products is required
- Ability to identify areas for change, prior experience with systems implementations and / or process re-engineering
Attributes:
- Ability to mentor and develop staff, a self-starter and team player
- Excellent collaboration skills; persuasive; experience working with cross-functional teams; ability to find common ground with stakeholders
- Strong work ethic and value system, high degree of integrity
- Questions the status quo; consistently seeks to elevate performance
Jessica Brooks