Wayfair Careers

Senior Manager, Inventory Accounting

Boston, MA
Finance


Job Description

Wayfair’s Finance group is looking for a Senior Accounting Manager to join our team! This role will reside on the financial reporting and general ledger team within the Wayfair Finance Department. This is a fast scaling position and will be able to offer a lot of career progression at a growing public company, and this dynamic role will offer exposure to many areas of accounting and finance. 

The financial reporting and general ledger team is responsible for the preparation of our financial statements and ensures they are in compliance with GAAP. Members of this team work closely with various other teams and departments to properly report the consolidated balance sheets and income statement to management monthly as well as public filings quarterly and annually. 

Responsibilities:

  • Key player in helping lead month-end close process & reporting in inventory and other areas
  • Managing and training staff of 4 for day to day closing and cost allocation and reporting
  • Analyze COGS and freight costs by location
  • Review overhead analysis calculations and make necessary changes as the business grows
  • Analyze monthly balance sheet and income statement account variances
  • Preparing monthly and ad-hoc financial reporting for senior management
  • Work with external auditors and prepare audit workpapers
  • Prepare and review the reconciliations of inventory, product cost and freight and various other general ledger accounts
  • Review, recommend, and implement best practices regarding accounting policies and procedures
  • Collaborate with other finance team members to identify ways to improve the efficiency and effectiveness of inventory and financial reporting and assist in initiatives to implement improvement
  • Assist with the ongoing implementation of Sarbanes Oxley. Promote and maintain an effective internal control environment

 

Qualifications:

  • Bachelor’s degree in Accounting 
  • 6-8 years of experience in public or private accounting
  • CPA certification strongly preferred
  • Experience leading a team in a fast-paced, deadline –oriented environment
  • Experience in inventory accounting and costing
  • Organized and self-motivated
  • Proactive work ethic
  • Team player
  • Strong interpersonal and communication skills including experience in translating financial concepts to individuals at all levels, including finance and non-finance managers
  • Excellent verbal and written communication skills
  • Solid analytical, problem solving and financial troubleshooting skills
  • Ability to quickly learn new systems, processes and procedures and adapt local practices to global standard

 

Wayfair believes everyone should live in a home they love. Through technology and innovation, Wayfair makes it possible for shoppers to quickly and easily find exactly what they want from a selection of more than 10 million items across home furnishings, décor, home improvement, housewares and more. Committed to delighting its customers every step of the way, Wayfair is reinventing the way people shop for their homes – from product discovery to final delivery.

The Wayfair family of sites includes:

  • Wayfair, an online destination for all things home
  • Joss & Main, where beautiful furniture and finds meet irresistible savings
  • AllModern, unbelievable prices on everything modern
  • Birch Lane, a collection of classic furnishings and timeless home décor
  • Perigold, unparalleled access to the finest home décor and furnishings

Wayfair generated $4.7 billion in net revenue for the twelve months ended December 31, 2017. Headquartered in Boston, Massachusetts with operations throughout North America and Europe, the company employs more than 7,700 people.

Tag: FINS
Requisition ID: 22245