Inventory Accounting Specialist – Contract

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Logo of Nutrafol

Nutrafol

51 - 200 employees

🧘 Wellness

💄 Beauty

🛍️ eCommerce

💰 $35M Series B on 2019-04

Wellness • Beauty • eCommerce

Nutrafol is a leading provider of hair growth supplements, known for its dermatologist-recommended, science-backed approach to whole-body wellness and hair health. Their diverse range of products is clinically tested and formulated to meet the needs of both men and women across different age groups and lifestyle choices, including options for those experiencing postpartum and menopausal changes. Nutrafol's offerings target key root causes of hair thinning, such as stress, hormones, and nutrition, with formulas that focus on comprehensive hair wellness. They emphasize the importance of understanding individual bio-specific needs and offer a personalized growth plan advisor through naturopathic doctors, ensuring visible results and overall wellness benefits.

📋 Description

• Enter and reconcile contract manufacturing activity within the reporting system, ensuring accuracy of production runs, cost details, and supporting documentation • Process product receipts based on vendor reporting related to production order completions at contract manufacturers • Track and analyze inventory movements (receipts, transfers, consumption, adjustments) and ensure proper financial recognition in accordance with accounting standards • Support production activities and build assembly transactions, ensuring Bills of Materials (BOMs) and component consumption are accurately reflected • Process prepaid supplier invoices and purchase orders, and perform regular vendor statement reconciliations to ensure balances are accurate and current • Identify inventory and reconciliation discrepancies, investigate root causes, and recommend or implement corrective actions • Partner cross-functionally with Finance, Operations, and Supply Chain teams to ensure inventory data accuracy and alignment • Provide general inventory accounting support and ad hoc analysis as needed • Assist with testing, troubleshooting, and process improvement efforts related to inventory and reconciliation workflows • Experience utilizing and navigating D365 and Exflow

🎯 Requirements

• 5+ years inventory accounting experience within a manufacturing environment • Experience with contract manufacturing reporting, data entry, and reconciliation to a reporting/ERP system • Strong comprehension of inventory movements/flows and their corresponding financial recognition (e.g., COGS, WIP, finished goods) • Understanding and hands-on application of production activities and build assemblies, including Bills of Materials (BOMs) • Experience with prepaid supplier invoicing, purchase orders, and vendor statement reconciliation • High proficiency in Excel and working with large datasets, reconciliations, and data extracts • Ability to work independently in ambiguous, fast-changing environments • Strong analytical, problem-solving, and organizational skills • Clear written and verbal communication skills and the ability to work effectively across teams

🏖️ Benefits

• Fully remote work experience • Comprehensive medical, dental, and vision package, including FSA program • 401K with employer match • Quarterly Bonus Program • Flexible PTO • Two company-wide wellness breaks every day • Free lunch on us every Tuesday and Thursday via Seamless/Grubhub • Monthly wellness stipend • Monthly internet stipend • Monthly cell phone stipend • Annual learning & development stipend • Free meditation app membership (Headspace) • Free Nutrafol subscription • Pet insurance discounts and benefits

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