Color Street HQ: Innovative Cosmetic Concepts · 1 day ago
Senior Accountant
Totowa,NJ,US
Full-time
Onsite
Senior Level
5+ years expColor Street and Innovative Cosmetic Concepts is a company that empowers beauty lovers through innovative cosmetic products. They are seeking a Senior Accountant to oversee general accounting functions, including month-end close processes and financial statement preparation, while ensuring compliance with accounting standards.
Cosmetics
Responsibilities
Lead and execute the monthly, quarterly, and annual close processes, ensuring timely and accurate financial reporting in accordance with U.S. GAAP and applicable international accounting policies
Prepare, review, and maintain detailed balance sheet and account reconciliations; investigate and resolve variances
Manage intercompany accounting activities, including intercompany transfers, eliminations, reconciliations, and coordination with related entities
Partner with Operations and Supply Chain to ensure accurate inventory valuation, standard costing, and Cost of Goods Sold (COGS) reporting within a manufacturing environment
Prepare and file monthly sales and use tax returns across multiple state, county, city, and special tax jurisdictions
Prepare and file annual IRS information returns, including Forms 1099-NEC and 1099-MISC, ensuring compliance with IRS reporting requirements
Perform financial analysis and prepare management reporting, including variance analysis and commentary on significant period-over-period changes
Design, document, and enhance internal controls and accounting processes to mitigate financial and operational risk and support scalability
Serve as a key contributor during annual audits, including preparation of audit schedules and coordination with external auditors
Support the implementation of new accounting standards, systems enhancements, and cross-functional process improvements as needed
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related discipline required
Minimum of 5 years of progressive accounting experience, including hands-on responsibility for close, reporting, and reconciliations
Manufacturing environment experience with strong knowledge of inventory, cost accounting, and COGS required
Proven experience handling intercompany transactions and reconciliations
Strong working knowledge of U.S. GAAP; exposure to international accounting considerations is a plus
Experience working with SAP or a comparable ERP system required
Advanced proficiency in Microsoft Excel (or Google Sheets), including data analysis and reconciliation tools
Demonstrated attention to detail, strong organizational skills, and ability to manage multiple priorities in a fast-paced environment
Preferred
Bilingual Korean language proficiency is a plus
Company
Color Street HQ: Innovative Cosmetic Concepts
Innovative Cosmetic Concepts is a global manufacturer and distributor of high quality cosmetic and personal care products.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Matt Warner
COO
Company data provided by crunchbase