Senior Cost Accountant

Welcome to the MILK MAKEUP FAM:

At Milk Makeup, we’re all about good ingredients + effective formulas. We’re cruelty-free, paraben-free, and 100% vegan. Always.

Born out of Milk, a creative studio in downtown New York City, community and self-expression is at the heart of everything we do. We believe beauty isn’t about how you create your look, it’s what you do in it that matters.

#LiveYourLook

Who YOU are:

• Naturally curious: You’re always thinking about how to improve your and your community’s future. You value a forward-thinking space that encourages you to move the needle and take risks.

• Confident but chill: You’re flexible and ready to get the job done, but you’re humble and make moves thoughtfully. You go after what you want, but always have your team and the greater good of the brand in mind.

• Creatively minded: You’re not afraid of the unknown and enjoy problem solving. You’re down to disrupt the status quo and believe that an open mind is always a good place to start.

• Inclusive + mindful of community: You embrace differences and help foster a safe working environment for yourself and your peers.

• Champion of self-expression: You’re genuinely you. You live your look and want to grow with people who champion self-expression.

The Role:

We are looking for a driven Senior Cost Accountant to join the Milk Makeup accounting team. The role will directly report to the Controller. The Senior Cost Accountant will oversee all accounting processes related to inventory and month-end close.

What YOU’ll do:

• Collaborate cross functionally to understand inventory levels and the impacts on financial performance and serve as the liaison with Operations to continually drive process improvement and accuracy of reports.
• Understand and troubleshoot with IT on SAP system related issues that impact inventory, costing, and month-end close.
• Calculate and help shape decisions regarding inventory reserves for excess and obsolete products.
• Coordinate month-end close with upstream departments that impact inventory and cost of goods sold (COGs).
• Monitor and enforce internal controls and SOX compliance related to inventory and COGs.
• Assist in developing and maintaining accounting policies and process documentation related to inventory.
• Become the subject matter expert in all areas that impact inventory on financial reports.
• Perform flux analysis on inventory levels and COGs margins.
• In charge of all inventory levels and COGs related audits requests.
• Challenge current processes and determine opportunities of improvement to drive change and efficiency.
• Understand materiality and properly assess US GAAP Accounting when making/proposing business decisions.
• Other related accounting duties and ad-hoc projects as needed.

We’d like YOU to have:

• A bachelor’s degree from an accredited university is required, a focus in Accounting or Finance highly preferred.
• At least 4+ years of relevant experience with physical inventory, demonstrating a solid foundation general accounting principles and best practices; industry experience highly preferred.
• Exceptional organizational and prioritization/time management skills; demonstrated ability to work under pressure to meet deadlines and manage responsibilities across multiple customers simultaneously.
• Comfortable operating in a fast paced, ever-changing environment; someone who thrives in ambiguity and adapts quickly.
• Proficiency in Microsoft Office, with a heavy emphasis on mastery of Excel, showcasing the ability to manipulate data effectively and derive valuable insights (i.e. lookups, pivots, formulas, filters.)
• An energetic, positive attitude that encourages a team and builds/maintains robust relationships.