What are the responsibilities and job description for the Cost Accountant position at OBAGI COSMECEUTICAL LLC?
Job Description
Job Description
Who We Are :
Obagi Cosmeceuticals is an industry leading, ~$115M dermo-cosmetic brand that provides transformational skin care products clinically formulated to minimize signs of skin aging, address dark spots, hyperpigmentation, fine lines, and wrinkles. A 35-year legacy backed by science and innovation to protect and enhance skin tone and texture. Ranked No. 1 and widely recognized by US dermatologists and plastic surgeons for its clinical excellence and science-backed approach, Obagi remains a leader in the beauty space and operates as an innovative, global, omni-channel luxury consumer products business with sales distribution to physicians, wholesale partners, retail outlets, Amazon, and direct-to-consumer (DTC) channels. On a mission to create a global, best-in-class multi-brand, multicategory portfolio, Obagi will continue to redefine the future of skincare. We are Obagi. Fearless. Together.
What We Need :
Obagi is seeking an analytical, organized, and meticulous Cost Accountant to join our small but mighty Finance & Accounting team! Reporting to the Global Brand Controller, this candidate 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 Oracle 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).
- 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.
What You’ll Need :
Ability to write macros and prior experience with Oracle Fusion a huge plus.
Physical Requirements :
These demands document the physical requirements of a specific job. Criteria may include : Lifting, Carrying, Push / Pull, Sitting / Standing (In Place); On Feet, Walking, Bending, Turn / Twist; Kneeling; Squatting; Crawling; Climbing; Reaching (Out) / Reaching (Up), Grasping, Wrist Turning; Pinching; Finger Manipulation, Hearing, Talking, Working with a computer for eight hours, Working in close quarters. Communicating over the telephone for eight hours.
Disclaimer :
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of job requirements, so classified. All employees may be required to perform duties outside of their normal responsibilities, from time to time, as needed.