Senior Accountant - Revenue

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June 14

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Olaplex Inc. (Nasdaq: OLPX)

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Beauty • eCommerce

Olaplex Inc. is a company that specializes in hair-care products, offering a range of products designed to treat, maintain, and style hair. It provides various kits and individual items such as shampoos, conditioners, hair serums, and oils aimed at repairing hair damage, enhancing curls, and supporting hair health. Olaplex is known for its focus on sustaining hair bonds to improve hair strength and appearance. They also manage an online platform for direct sales, including special offers and gift sets, targeting customers worldwide. Their products are popular among those seeking professional-quality hair treatment at home.

51 - 200 employees

💄 Beauty

🛍️ eCommerce

📋 Description

• Reporting to the Director, Revenue Accounting, the Senior Accountant, Revenue will be responsible for assisting with all areas related to the monthly reporting cycle in a fast-paced, growing organization. • This position will directly own monthly entries and reconciliations and will be responsible for researching complex accounting issues. • You will assist various stakeholders across sales, marketing, finance, IT, and legal by providing technical accounting expertise on ASC 606 matters on a variety of topics, including contracts, new products/promotions, strategic initiatives, and budgets. • You will ensure the highest level of compliance with U.S. GAAP rules. • Prepare monthly and quarterly activities for revenue and related areas to ensure timely and accurate financial statements, while ensuring compliance with U.S. GAAP and SOX • Substantiate journal entries with supporting documentation • Responsible for performing monthly general ledger closing procedures, including account analysis and reconciliations, and reconciling subledger activities • Assist with training sessions to educate the business on ASC 606 processes and financial impacts • Conduct ASC 606 contract reviews to ensure accurate revenue recognition • Partner closely with AR team on order-to-cash process to ensure accuracy of revenue recognition, including credits issued to customers • Support new business initiatives and changes to existing processes • Work with FP&A and various business stakeholders to advise on accounting matters impacting budgets/forecasts to help make informed decisions • Participate in identifying and implementing systems, tools, and process changes to streamline the work of the accounting function, reduce time to close, and provide better insights • Assist with external financial audit to ensure deadlines are met and ensure strong relationships with both external and internal auditors • Assist SEC and Tax teams to support tax provision, external reporting, evaluate, and implement new accounting pronouncements • Implement and maintain strong internal controls to meet public company audit standards • Exhibit flexibility and willingness to take on new responsibilities and assignments as they are identified and to assist with various ad hoc projects as needed • Participate in weekly team meetings to review day-to-day activity, monthly results, and discuss the organization’s financial policies and procedures

🎯 Requirements

• Bachelor’s or Master’s degree in accounting is required • Active CPA license or currently pursuing • Minimum 3 years of experience in accounting, with a mix of public accounting and consumer industries, is preferred • Strong knowledge of US GAAP (especially ASC 606) • Public company experience, preferably in consumer-packaged goods, retail, or related industry is preferred • Familiarity with Ecommerce, Direct-to-consumer, B2B business models (i.e. Amazon, Shopify, etc.) is preferred • Experience with NetSuite is preferred • Highly proficient in Microsoft Excel • Strong analytical and problem-solving skills • Familiarity working within an internal control (SOX) environment • Ability to prioritize and balance multiple tasks simultaneously and manage multiple competing deadlines • Strong written & verbal communication skills • Ability to build strong cross-functional relationships, work independently, and with a team • Ability to work extended schedules around key reporting deadlines • Travel to NYC may be required periodically for team building or key times of the year

🏖️ Benefits

• Competitive compensation • Work/Life Balance: Flexible paid time off, 11 paid holidays, and flexible work schedules • Wellness: Company Contribution to Medical, Dental, and Vision Insurance for Employees and their Families, Company Paid Employee Life Insurance, Optional additional Life Insurance, and Short and Long-Term Disability Coverage Options • Parental Leave: Up to 18 weeks for birthing-parents and up to 10 weeks for non-birthing new parents • Financial Well-being: Roth and 401k plans: 100% match up to the first 4% and is immediately vested • Professional Development Reimbursement Program: Career development is as important to us as we know it is to you! • Our culture has an “attitude of gratitude” and a shared passion for our brand. Join our Bond Builder DEI committee to play a role celebrating DEI at OLAPLEX • Products: Twenty (20) free products per year, plus a friends and family discount