SonicJobs Logo
Left arrow iconBack to search

Cost Staff Accountant

LOVESAC COMPANY
Posted 3 days ago, valid for 16 days
Location

Stamford, CT 06901, US

Salary

Competitive

Contract type

Full Time

Paid Time Off
Disability Insurance
Employee Assistance
Flexible Spending Account

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • Lovesac is seeking a Cost Staff Accountant for a remote position based in Stamford, CT, offering a salary range of $70,000.00 to $80,000.00.
  • The role involves supporting monthly close activities related to cost accounting, including journal entries and reconciliations.
  • Candidates should have a minimum of 2-4 years of experience in cost accounting, preferably with a retailer that manufactures its own brands.
  • Key responsibilities include preparing balance sheet reconciliations, conducting cost analysis, and collaborating with cross-functional teams.
  • Lovesac emphasizes a culture of Top Ambition and values teamwork, self-awareness, and customer-centricity in its employees.

Job DetailsJob Location: Remote - Stamford, CTSalary Range: $70,000.00 - $80,000.00 SalaryAbout Lovesac   We are a young-at-heart, fast-growing furniture company, dedicated to helping people fill their homes with Total Comfort™. We do this by designing and innovating furniture solutions that are adaptable, washable, expandable, and delivered right-to-your-door-able, allowing our customers to live the life they want to live.    Our Designed for Life mission started with Sacs, a seat so much better than your classic beanbag made with repurposed Durafoam and designed to reduce environmental impact while providing unimaginable, cloud-like comfort. From there, we expanded the possibility for sustainable furniture with Sactionals, a customizable modular sectional that can be endlessly rearranged to evolve with you. Our product line has grown a lot since our Sacs days, but our goal will always remain the same – to create truly adaptable, comfortable furniture that can be with you for life.   About our Culture   At Lovesac, we strive to be an employer of choice by embodying a culture that encourages team members to think and dream big. We call this Top Ambition. We aim to not only excel within our industry but also make a meaningful impact on the world. Above all else, we’re driven by love (because it matters) and are dedicated to promoting love and happiness in all aspects of our work. It’s about success, of course, but it’s also about making a positive impact on everyone our business touches.   About the Role   As our Cost Staff Accountant, you are responsible for supporting the timely completion of monthly close activities related to Cost Accounting.  This includes preparation of journal entries, Cost Accounting reconciliations, gathering audit requests, and assisting with lease administration and cross functional projects as needed.   This position is remote and will report into Lovesac Corporate HUB based in Stamford, CT.   Candidates must fully reside in the United States at all times during employment and should have the ability to travel as needed.   What You’ll Do   Support month end close activities related to cost accounting, including recording and reviewing accruals and allocations for freight, warehouse expenses, obsolete inventory, warranty reserves, sales returns, and cost of merchandise sold  Prepare balance sheet account reconciliations and provide analytical commentary on budget to actual variances, with a focus on cost of merchandise and inventory  Partner with Inventory Control to maintain accurate costing in NetSuite, reconcile physical inventory counts, and review, process, and post validated inventory adjustments  Assist with inventory cycle counts and physical inventory processes, identifying variances and opportunities for improvement  Prepare routine and ad hoc cost analysis, accounting schedules, and variance reporting to support internal management and external reporting requirements  Analyze key cost drivers, including purchase price variances, invoice to PO variances, cost revaluations, and work order variances.  Collaborate cross functionally with Supply Chain and Inventory Control to resolve SKU level costing issues and support initiatives impacting inventory and cost of merchandise sold  Participate in ERP, manufacturing system, and warehouse management system implementations and upgrades as needed  Support external audits, including quarterly reviews, year end audits, bank audits, and inventory appraisals related to sales and inventory valuation  Maintain SOX documentation and assist with internal controls testing, including updating cost accounting controls, processes, and procedures  Support special projects and ad hoc reporting requests as assigned  Assist with lease administration tasks as needed Perform any other reasonable duties for this role as requested by management.       QualificationsWho you Are:   Core Values: Top Ambition, We All Win Together, Conscious Operations, Do Less and Do Best, Love Matters  Table-Stake Values: Willing to Sweep Floors, Grit, Positive, Self-Aware, Self-Starting, Insatiable Learners, Transparency, Customer-Centric Core Competencies: Builds Customer Centricity, Drives Remark-able Results, Collaborates Effectively, Makes Good Decisions, Demonstrates Self-Awareness        Preferred Requirements: Minimum of 2-4 years of experience in cost accounting preferably with a retailer who also manufactures their own brands. Experience working with a public company, preferred.  Understanding of manufacturing environments and related financial and cost accounting processes  Working knowledge of supply chain operations, inventory flow, inventory valuation, and manufacturing principles  Strong analytical skills with the ability to quickly learn new systems, analyze transactional level data, and clearly communicate insights  Proven problem solving ability, including identifying root causes, evaluating options, and recommending or implementing solutions  Experience analyzing detailed data within an ERP system and presenting key findings to management  Software requirements – Microsoft Office, Advanced Excel Skills  Exemplify each of our Lovesac values, at all times, be results driven and utilize knowledge to meet or exceed key performance indicators (KPIs), goals and deadlines.  Must be able to travel using various forms of transportation, as required by the Company in its sole discretion, for mandatory meetings and conferences held either at our offices or offsite (i.e. quarterly team connection weeks, companywide meetings and events, vendor visits).  Must comply with all policies and procedures outlined in the Lovesac Employee Handbook and work collaboratively with fellow employees, treating all clients, both internal and external with dignity and respect at all times.   Full Time Benefits* Financial Benefits: Annual Bonus Program, Annual and Inaugural Grant Equity Awards, 401K Matching Contribution, Financial Wellness Tools. Health and Wellness Benefits: Medical, Dental, Vision, Health Savings and Flexible Spending Accounts, Paid Parental Leave, Life/AD&D, Short Term and Long-Term Disability, Critical Illness and Accident Insurance, Employee Assistance Program. Paid Time Off: Up to 160 hours of paid time off within our fiscal calendar year, prorated from date of hire, 8 paid company recognized holidays. Pet Insurance and generous Associate Discounts.   *Eligibility and terms for all benefits listed are as outlined in Lovesac’s policy and plan documents.    Associate pay will vary based on factors such as qualifications, experience, skill level and competencies.   Lovesac is an Equal Opportunity Employer and considers all applicants for employment without regard to race, color, religious creed, ancestry, national origin, ethnicity, religion, sex, sexual orientation, gender (including gender-related identity, gender nonconformity),, pregnancy, age, national origin, marital status, physical or mental disability, military status, genetic information or any other characteristic protected by applicable law. Non-New York City Applicants Only: To the extent permitted by law, conditional offers of employment will be contingent upon successful completion of a background check, including but not limited to education verification, employment history verification, reference checks, criminal history and motor vehicle history (if vehicle required). All qualified applicants with criminal histories will be considered in accordance with applicable local, state, and federal law.   Lovesac participates in E-Verify as required by law. Immigration sponsorship is not available for this role.   Lovesac is committed to the principles of equal employment opportunity and providing reasonable accommodations to candidates with disabilities. If you need an accommodation during the application process, please reach out to us at: Accommodations@lovesac.com.   




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.