Full-Time

Inventory Accounting Manager

Posted on 11/18/2024

Gopuff

Gopuff

1,001-5,000 employees

Digital delivery service for convenience items

Food & Agriculture
Consumer Goods

Senior

No H1B Sponsorship

Miami, FL, USA + 1 more

More locations: Philadelphia, PA, USA

Hybrid position requires onsite presence in Philadelphia or Miami from Tuesday to Thursday.

Category
Cost Accounting
Financial Analysis
Financial Planning
Accounting
Requirements
  • Bachelor's degree in Accounting or Finance
  • CPA or CMA preferred
  • A minimum of 5 years’ experience in accounting for multi-site inventory operations
  • Strong understanding of US GAAP and ASC 705
  • Working knowledge of the Oracle Fusion Cloud Inventory module
  • Advanced Excel capabilities and an aptitude for data manipulation, investigation and analysis
  • Experience with system integrations and development of automated processes
  • Excellent people management skills with a passion for developing team members
  • Strong interpersonal and communication skills
  • Excellent project management and leadership skills
  • Ability to perform multiple tasks simultaneously, work effectively in a remote team environment and meet deadlines
Responsibilities
  • Review month-end accounting activities, including variance analysis and account reconciliations to provide accurate inventory valuation and reporting
  • Perform monthly purchase price variance and inventory adjustment analysis
  • Analyze monthly and/or quarterly inventory obsolescence and calculates the provision for reserves
  • Work with accounting, supply chain and IT personnel to develop reconciliation processes and understand significant changes in our inventory balances
  • Prepare monthly actuals vs budget and gross margin analysis while partnering with FP&A to bridge variances
  • Perform ad hoc analysis related to inventory and COGS (cost of goods sold)
  • Establish, implement and document policies and procedures related to inventory accounting, including reserves, intercompany transfers and reconciliations
  • Design, test and implement automated process solutions (ideally leveraging the Oracle Fusion Cloud Inventory module) with a focus on simplification, standardization and optimization, especially the reduction of manual, Excel-based activities
  • Serve as a key point of contact for external auditors and consultants for inventory process flows and testing; prepare schedules and analysis for external audit
  • Assist with other ad-hoc accounting and finance needs or projects.

GoPuff is a digital delivery service that specializes in providing convenience items, snacks, and beverages directly to consumers. Customers can easily place orders through the GoPuff website or app, and their selected products are delivered straight to their doorsteps. The service offers a wide range of items, from candy bars to alcoholic beverages, catering to those who want quick access to everyday goods. GoPuff generates revenue through product sales and delivery fees, and it often provides promotional deals to attract more customers. What sets GoPuff apart from its competitors is its extensive product selection and commitment to fast delivery, aiming to meet the needs of consumers looking for convenience.

Company Stage

N/A

Total Funding

$4.8B

Headquarters

Philadelphia, Pennsylvania

Founded

2013

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-4%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Gopuff's largest-ever national brand campaign, 'Bring The Magic,' aims to significantly boost brand awareness and customer engagement.
  • The expansion of private label products under the Basically brand can lead to higher profit margins and customer loyalty.
  • Partnerships with popular brands like ZOA Energy and Safety Shot can attract a broader customer base and drive sales.

What critics are saying

  • The competitive landscape of the digital delivery service market is intense, with major players like Grubhub expanding their grocery offerings.
  • Economic uncertainty and a growing preference for debit and cash purchases among low-income consumers could impact Gopuff's revenue.

What makes Gopuff unique

  • Gopuff's vertically integrated business model ensures consistently fast delivery, setting it apart from competitors who rely on third-party logistics.
  • The company's wide product range, including snacks, beverages, and alcohol, offers a one-stop-shop convenience that many competitors lack.
  • Strategic partnerships with high-profile brands and celebrities, such as Tom Brady and ZOA Energy, enhance Gopuff's brand visibility and appeal.

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Benefits

Comprehensive medical, dental, and vision insurance

Optional FSAs and HSA plans

401(k)

Commuter benefits

Supplemental employee, spouse and child life insurance to all eligible employees

Gopuff employee discount

Career growth opportunities

Internal rewards programs

Annual performance appraisal and bonus