Senior Director, Accounting

Our client, a growing global apparel company located in New York, NY, is seeking a Senior Director of Accounting on consulting basis. The qualified candidate must possess wholesale accounting experience from an apparel-based company. This individual will oversee accounting, inventory accounting, work with other division heads, special projects and more.

This role will be in the office in NYC.

About the Job

The Senior Director, Accounting is a critical leadership role responsible for overseeing key areas of the Company’s accounting function, including month-end close, balance sheet reconciliations, general ledger management, and daily operations principally for Wholesale and Retail channels, ensuring compliance with accounting standards and internal policies.

The Senior Director will work closely with cross-functional teams including FP&A, IT, AR, AP, Tax, Treasury, and Operations, and will play an integral role in driving process improvements, supporting audits, and providing accurate and timely financial reporting.

Responsibilities:

• Lead assigned monthly close processes and ensure timely completion of management reporting.
• Manage complex accounting areas such as inventory reserves, production overhead capitalization, purchase price variance analysis, wholesale sales dilution reserves, direct to consumer sale to cash, deferred revenue, and gross profit review.
• Review journal entries for key areas, including discount, margin support and customer chargeback accruals, operating expense, transit, allocations, prepaids, and sales commissions.
• Own accounts receivable and inventory reserve provisions, deliver detailed monthly analyses to FP&A, Chief Accounting Officer, and CFO.
• Review and approve balance sheet reconciliations with supporting documentation; provide variance commentary and ensure checklist compliance.
• Collaborate cross-functionally with FP&A, IT, AR, AP, Tax, Treasury, and Operations to improve processes, policies, and systems.
• Supervise preparation of reports required for the Company’s asset-backed lending facility.
• Ensure accuracy and completeness of accounting system reports and adherence to financial closing deadlines.
• Develop and maintain documented policies, procedures, and workflows for assigned areas.
• Function as a key point of contact for auditors; provide quality and timely responses to audit requests.
• Provide leadership and guidance to staff on technical accounting issues, operational tasks, and professional development.
• Build strong, collaborative relationships across the organization.
• Proactively drive innovation and change in key areas, including the monthly close and reporting; lead ad hoc projects and strategic initiatives.

Qualifications:

• Bachelor’s degree in Accounting or Finance; CPA strongly preferred.
• 12+ years of progressive accounting experience, including leadership roles; public accounting background.
• Strong knowledge of U.S. GAAP including revenue recognition principles.
• Advanced Excel skills; SAP experience preferred.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple priorities in a fast-paced environment with high level of accuracy.
• Able to work independently and take initiative.
• Previous experience with companies engaged in wholesale distribution of apparel, accessories, or other consumer products.
• Demonstrated ability to present insights and recommendations to senior executives.
• Demonstrated change agent with prior leadership roles involving transformation, systems implementations and / or process innovation / re-engineering.
• Prior experience leading and inspiring large teams and with outsource service providers.