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Staff Accountant - Naturium

About the Company


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 skincare.


In our Fiscal year 24, we had net sales of $1 Billion and our business performance has been nothing short of extraordinary with 23 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 four 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.


Visit our Career Page to learn more about our team: https://www.elfbeauty.com/work-with-us


We are seeking a detail-oriented staff accountant to join our finance team. This position requires a professional, adaptable, organized, proactive, individual who is able to work independently in completing assigned duties in a fast-paced environment. The ideal candidate will have a bright, positive, team player mentality, and who is also an excellent communicator. The ideal candidate will be responsible for managing bank reconciliation process, accrued Inventory liabilities and ensuring timely and accurate assigned month end close Journals and reconciliations.


Responsibilities
  • Monitor bank transactions, investigate and gather support for miscellaneous transactions, and reconcile related balance sheet accounts.
  • Reconcile sales tax payable accounts; investigate and resolve variances.
  • Reconcile landed cost and tariffs payable accounts.
  • Monitor open vendor deposits and accrued purchases to ensure proper billing; reconcile related balance sheet accounts.
  • Assist with expense coding review.
  • Prepare relevant journal entries and accompanying support for review.
  • Assist with audit requests and SOX control activities.
  • Perform other month end close tasks and reconciliations, as assigned.
  • Other ad hoc duties as assigned.


Requirements
  • B.S./B.A. in Finance, Accounting or equivalent
  • 2 years of experience (preferred Consumer Products or Retail, with public accounting experience).
  • Inventory experience a plus
  • Knowledge and application of US GAAP
  • Advanced knowledge and experience in Excel and proficiency in Microsoft Office
  • Direct experience with Accounting ERP systems (NetSuite or SAP required)
  • Proven ability to operate and thrive in a fast-paced, high-growth company by maintaining focus, strong organization, and time management skills.
  • Proven ability to meet tight deadlines while maintaining high work quality.
  • Solution orientated and innovative with the desire to bring ideas forward and get involved in all areas of business.
  • Ability to communicate clearly and concisely, verbally and in writing.
  • Ability to perform tasks concurrently with ease and professionalism.
  • Flexible to respond to requests and work cross-functionally.
  • Strong work ethic, integrity, and commitment to excellence.


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.


e.l.f. Beauty respects your privacy. Please see our Job Applicant Privacy Notice (www.elfbeauty.com/us-job-applicant-privacy-notice) for how your personal information is used and shared.

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$70000 / YEARLY (est.)
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$60000K
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What You Should Know About Staff Accountant - Naturium, E.L.F. BEAUTY

Are you ready to elevate your career as a Staff Accountant at Naturium? In Ahmedabad, Gujarat, we are looking for a vibrant, detail-oriented individual to join our friendly finance team. At Naturium, a subsidiary of e.l.f. Beauty, we put an emphasis on clean, effective skincare and digital innovation, contributing to our dynamic portfolio that includes various beauty brands. In this role, you'll engage in critical tasks like managing the bank reconciliation process, overseeing accrued inventory liabilities, and ensuring the timely and accurate completion of month-end close journals. You'll have the opportunity to monitor bank transactions, manage vendor deposits, and assist with audits, all while working within a fast-paced environment. We're seeking someone who's not just a number cruncher but a proactive communicator who enjoys collaborating with others. If you bring at least 2 years of experience in finance or accounting, especially in consumer products or retail, you'll find this opportunity to be a perfect fit. Your expertise in Excel, US GAAP, and ERP systems like NetSuite or SAP will be key in helping us achieve our ambitious goals. The culture here at Naturium is all about respect, collaboration, and forward-thinking. Plus, with competitive pay, flexible work options, and a focus on your well-being, you’ll thrive both personally and professionally. So if you're looking to make a significant impact in a growing company, come join us and help shape the future of skincare!

Frequently Asked Questions (FAQs) for Staff Accountant - Naturium Role at E.L.F. BEAUTY
What are the responsibilities of a Staff Accountant at Naturium?

As a Staff Accountant at Naturium, you will have diverse responsibilities, including managing the bank reconciliation process, reconciling sales tax payable and inventory liabilities, and preparing month-end journal entries. You're also expected to assist with audit requests and maintain compliance with SOX control activities. This role demands a proactive approach to monitor transactions and resolve any variances.

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What qualifications are needed for the Staff Accountant position at Naturium?

To qualify for the Staff Accountant position at Naturium, you should possess a B.S./B.A. in Finance or Accounting and ideally have 2 years of relevant experience, particularly in the consumer products or retail sectors. Familiarity with inventory management, US GAAP principles, and advanced Excel skills are essential. Experience with ERP systems like NetSuite or SAP will significantly enhance your candidacy.

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How does a Staff Accountant contribute to Naturium's success?

A Staff Accountant at Naturium plays a crucial role in maintaining financial integrity through accurate reconciliations, timely reporting, and a strong grasp of compliance. Your work ensures that the company operates effectively, enabling Naturium to continue its trend of consecutive sales growth and innovation in the clean beauty space.

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What is the work environment like for a Staff Accountant at Naturium?

The work environment at Naturium is dynamic and collaborative, mixing the flexibility of hybrid work with the excitement of fast-paced financial operations. As a Staff Accountant, you will thrive alongside a team that values innovation, open communication, and team spirit. We believe in maintaining a healthy work-life balance while ensuring everyone is empowered to achieve their best.

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What employee benefits does Naturium offer for the Staff Accountant position?

Naturium offers a comprehensive benefits package for the Staff Accountant role, including competitive pay, eligibility for bonuses, stock options, and flexible time off. We also provide year-round half-day Fridays, fostering a culture of well-being for all employees, allowing work-life balance in a thriving workplace.

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Common Interview Questions for Staff Accountant - Naturium
Can you describe your experience with bank reconciliation as a Staff Accountant?

In discussing your bank reconciliation experience, highlight specific instances where you've effectively managed this process. Focus on your methods for investigating discrepancies, maintaining accuracy, and ensuring timely reporting, showing your analytical skills and attention to detail.

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How would you handle discrepancies when reconciliating accounts?

When faced with discrepancies during reconciliations, I would start by conducting a thorough review of transactions to pinpoint the source of the error. Communication with involved parties is key, and I would document my findings and resolve issues cooperatively, ensuring compliance with internal controls.

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What systems have you used in your accounting roles?

Discuss the ERP systems you've worked with, emphasizing your proficiency, especially with NetSuite or SAP. Share examples of how these systems helped you maintain accurate financial records and facilitated smoother accounting processes in previous roles.

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Can you discuss a time when you met a tight deadline?

Share a story demonstrating your time management skills, detailing the project, your strategies to stay focused, and how you prioritized tasks to meet the deadline. This will exemplify your ability to operate effectively under pressure, which is vital in a fast-paced environment.

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How do you stay updated on accounting regulations and standards?

Explain your approach to staying informed about accounting regulations. Include attending workshops, reading industry publications, and utilizing online resources. Show that you are proactive about learning and adapting to changes in US GAAP or other relevant standards.

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What do you consider the most challenging aspect of month-end close?

Identify specific challenges such as time constraints or the complexity of data, and share your strategies for overcoming them. Explain how thorough planning, effective communication with colleagues, and utilizing technology can ease the month-end close process.

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How do you ensure accuracy in financial reporting?

Emphasize your attention to detail, systematic review processes, and the importance of double-checking figures before submission. Discuss how you maintain integrity in your work and ensure compliance with accounting standards, illustrating your commitment to accurate reporting.

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Describe your experience with financial audits.

Talk about your role in previous audits - whether you prepared documents, facilitated communications, or resolved auditors' inquiries. Highlight your organizational skills and ability to collaborate with various departments to ensure a seamless audit process.

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What techniques do you use for effective communication in a team?

Outline your strategies for fostering clear communication within your team, such as regular check-ins, use of collaborative tools, and ensuring everyone is updated on project developments. Good communication is essential in accounting, particularly when coordinating across functions.

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Why do you want to work as a Staff Accountant at Naturium?

Articulate your enthusiasm for Naturium's mission in clean beauty and how your values align with the company's. Discuss your eagerness to contribute positively to the finance team and help support Naturium's goals, emphasizing your desire for professional growth within a dynamic environment.

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We build brands to disrupt industry norms, shape culture and connect communities through positivity, inclusivity and accessibility.

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Full-time, hybrid
DATE POSTED
December 27, 2024

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