Full-Time

Inventory Accounting Manager

Confirmed live in the last 24 hours

Alo Yoga

Alo Yoga

501-1,000 employees

Sells high-quality yoga wear and accessories

Social Impact
Consumer Goods

Compensation Overview

$115k - $135kAnnually

+ Performance Bonuses + Long Term Incentives

Senior

Montebello, CA, USA

Category
Cost Accounting
Financial Analysis
Accounting
Required Skills
Inventory Management
Requirements
  • Minimum of 5 years of cost analysis experience in a complex manufacturing environment, preferably in the apparel industry
  • Bachelor’s degree in Finance or Accounting
  • Strong cost systems background
  • Excellent analytical skills
  • Sound understanding of accounting principals, including expertise in standard costing
  • Exceptional project management skills and presentation skills
  • Experience with implementing ERP systems that support manufacturing
  • CPA qualification preferred
  • Effective and professional communication skills
  • Challenge conventional practices and use creativity and information to lead, innovate, problem solve, and implement ideas to contribute to the growth of the organization
  • Collaborates with co-workers to achieve common goals
Responsibilities
  • Responsible for all accounting, reporting and analysis related to inventories, gross margins, and standard costs
  • Work with Product, Sourcing and Logistics departments to establish accurate standard costs for all product styles
  • Work closely with Sales leadership (both domestic and international) and Category Managers to provide costing information on new and existing products so that these teams can establish product pricing that achieves targeted margin metrics for both the product category and the Company overall
  • Continuously monitor inventory balances and report on inventory adjustments as well as cost of goods sold (COGS)
  • Prepare and/or review monthly journal entries related to inventory and COGS to record inventory movement, accruals for inventory in transit and amortization of capitalized variances
  • In conjunction with the monthly financial close, ensure that inventories are properly valued and appropriately reserved under US GAAP (including an evaluation of slow moving, excess and obsolete inventories), liabilities related to inventory purchases are properly stated, gross margins are accurate and any significant variances between budgeted and actual margins are investigated and explained to management
  • Prepare and/or review monthly reconciliations for all inventory related accounts across all global operating territories
  • Understand and document the Company's current end to end inventory processes
  • Act as primary finance liaison in physical inventory counts, review monthly cycle count results, and investigate variances as needed
  • Establish and maintain inventory and COGS related internal controls and assist in preparing inventory and COGS related information for both internal and external auditors
  • Monitor low margin, slow moving inv., and provide related financial reporting to relevant departments so that appropriate actions can be taken

Alo Yoga offers high-quality yoga wear and accessories, focusing on stylish and functional activewear for yoga enthusiasts and fitness lovers. The company sells directly to consumers through its website, allowing for better control over branding and pricing. Alo Yoga stands out by featuring celebrity endorsements and promoting a lifestyle that integrates yoga into everyday life. Their goal is to enhance customer satisfaction through diverse product offerings and a strong community around the brand.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2007

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Alo Yoga's frequent new arrivals and high-profile collaborations keep the brand fresh and relevant, driving continuous customer interest.
  • The partnership with Reshop for instant refunds enhances customer satisfaction and encourages repeat purchases.
  • Expanding physical presence in key international markets like the UK, Israel, and UAE indicates strong growth potential and brand recognition.

What critics are saying

  • The highly competitive athleisure market requires Alo Yoga to continuously innovate to maintain its edge.
  • Dependence on celebrity endorsements could backfire if associated celebrities face public backlash.

What makes Alo Yoga unique

  • Alo Yoga's direct-to-consumer model allows for greater control over brand experience and pricing, unlike competitors who rely on traditional retail channels.
  • Celebrity endorsements from figures like Kendall and Kylie Jenner significantly boost Alo Yoga's brand appeal and marketability.
  • The company's emphasis on integrating yoga into everyday life broadens its customer base beyond just fitness enthusiasts.

Help us improve and share your feedback! Did you find this helpful?