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Assistant Controller

New York, New York, United States
 
MERIT is a minimalist beauty brand that makes impossible to mess up products for a multi-generational community. Designed by makeup consumers — not artists — MERIT was created as the antidote to the overwhelming world of beauty. We simplify what it takes to get ready by creating only well-edited essentials that help you do more with less. With minimalism at its core, MERIT remains intentional in the products it creates, spending years perfecting every detail to ensure it’s not just another product, but one that you can live with for years to come.

As the Assistant Controller at Merit, you will be responsible for coordinating and maintaining all Accounting functions, including the financial month-end close process, accounts receivable including retailer compliance, lifecycle receivables management, and account reconciliations. Our ideal candidate is self-directed, proactive, and possesses resourcefulness to take on various accounting related initiatives.

Responsibilities:

  • Ensure accurate and timely preparation of financial statements in compliance with GAAP and company policies
  • Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger, and payroll
  • Maintain an accurate General Ledger
  • Manage cash flow, including billing, AP/AR, and payment schedules to optimize working capital
  • Assist in activities related to cash management
  • Manage the monthly, quarterly, and year-end closings
  • Assist in year-end audits and tax workpaper preparation
  • Manage internal and external audits, ensuring compliance with all required documentation and reporting
  • Support the CFO in budgeting, forecasting, and financial reporting activities
  • Monitor and improve internal controls and procedures to ensure accuracy and integrity of financial data
  • Manage, grow and develop one direct report (and determine resourcing at business demands)
  • Lead special projects and process improvement initiatives to drive operational efficiency within the accounting department

Qualifications:

  • Bachelor’s degree in Accounting required, CPA license required
  • 7+ years of accounting experience, with prior experience in a leadership role overseeing the majority, or all, of accounting operations
  • Strong understanding of accounting principles and GAAP
  • Strong analytical skills with the ability to interpret complex financial data and provide actionable insights
  • Proficiency with NetSuite and knowledge of payments and T/E platforms (like Tipalti and Navan
  • High proficiency in Excel
  • A high attention to detail and strong organizational skills
  • An ability to be flexible and adaptable as business priorities shift
  • An ability to communicate effectively with multiple levels within an organization
  • A high level of integrity, with a commitment to ethical and sound financial practices
  • An ability to meet deadlines, with the ability to prioritize and manage projects effectively
  • An ability to multi-task and manage multiple projects in a very fast-paced start-up environment

MERIT is proud to offer a comprehensive and competitive benefits package in addition to salary compensation. The annual salary range for this role is $120,000 - 140,000 in addition to bonus potential, stock options, a 401(k) match, health benefits, paid time off and more.

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