Full-Time
Director – Inventory Accounting
Ecommerce focused
Updated on 1/2/2025
Nutrafol
201-500 employees
Natural supplements for hair growth and health
Compensation Overview
$150k - $160kAnnually
Senior, Expert
Remote in USA
- Bachelor’s degree in accounting or finance required
- CPA or CMA certification preferred
- 8+ years experience in inventory/cost accounting, with a minimum of 5 years of recent experience in a manufacturing environment within a CPG/Retail/eCommerce company
- 5+ years of experience leading and coaching a team
- Possess a strong understanding of manufacturing, retail operations, and inventory accounting within a company with 500+ sku’s, ranging between raw materials, WIP and finished goods, both domestic and international
- Ability to travel up to 3 days per quarter, for cycle counts
- Previous experience with Quickbooks
- Knowledge and experience with 3PL's
- Demonstrated knowledge of ERP systems, such as MS Dynamics
- Advanced Excel Skills
- Strong analytical and problem solving skills
- Act as a subject matter expert for Reporting, Inventory and Process Controls.
- Build out and implement plans for international expansion into new markets.
- 3rd Party Logistics Reporting Specialist: Oversee and perform the reconciliation of data between the company's third-party logistics providers and our internal systems.
- Responsible for Month End Close as it relates to the Inventory.
- Accountable for the process of SKU creation and Bill of Material Management.
- Lead the Inventory Accounting team on new processes, business initiatives and assist with the ERP implementation-MS Dynamics.
- Responsible for the Inventory in Transit process to ensure proper calculations.
- Ensure timely and accurate quarterly counts across 20+ warehouses.
- Perform ad hoc financial analysis as needed for the team.
Nutrafol focuses on improving hair health by providing natural, drug-free supplements aimed at addressing hair thinning and promoting hair growth. Their products are formulated with a blend of vitamins, minerals, and natural ingredients that target the underlying causes of hair loss, such as genetics, stress, diet, and environmental factors. Nutrafol sells these supplements directly to consumers through their website, offering personalized plans developed by naturopathic doctors to meet individual needs. What sets Nutrafol apart from competitors is their commitment to clinical studies that validate the effectiveness and safety of their products, as well as their use of consumer health data to tailor recommendations and enhance customer experience. The company's goal is to help individuals achieve visibly thicker and stronger hair through effective, natural solutions.
Company Stage
Series B
Total Funding
$34M
Headquarters
New York City, New York
Founded
2013
6 month growth
↑ 7%1 year growth
↑ 12%2 year growth
↑ 63%
Simplify's Take
What believers are saying
- Nutrafol's expansion into skin health taps into a large, existing market.
- Partnership with Sephora increases Nutrafol's visibility and retail presence.
- Growing consumer interest in personalized health solutions aligns with Nutrafol's offerings.
What critics are saying
- Increased competition from new entrants like Divi could impact Nutrafol's market share.
- Nutrafol Skin faces challenges in a saturated acne treatment market.
- Partnership with Sephora may lead to competition with established brands in their retail space.
What makes Nutrafol unique
- Nutrafol offers a whole-body approach to hair health, unlike many competitors.
- The company is backed by over 3,000 physicians, clinics, and stylists in the U.S.
- Nutrafol's products are clinically proven, drug-free, and target root causes of hair thinning.
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