Position Summary

This role represents a hands-on, hybrid position responsible for managing and maintaining accounting and finance records in a best practices manner for a rapidly growing division of an international company and best-in-class brand in the action sports industry. This position is responsible for maintaining the integrity of the accounting and financial data, as well as profitability of the organization utilizing in-depth analytics research, modeling, and reporting. 

The role will focus on, and support, all accounting and financial aspects of the business including daily transactional functions associated with banking, sales order and Accounts Receivables, perpetual standard inventory costing, planning, forecasting, variance and gross margin analysis, and multi-state sales tax compliance to ensure the accounting books and records are accurate and the Company’s profitability goals are achieved. This role integrally participates in the month end closing process by evaluating general and subsidiary ledger account activity, providing reconciliations and adjustments as necessary to ensure accurate and timely reporting in accordance with U.S. GAAP and IFRS, as applicable, to the international parent company for consolidation. This role supports biannual independent audits by Canyon’s outside accounting firm, annual internal budgeting process and interim forecast updates, as well as additional projects directed by executive leadership.

All candidates must be broadly skilled team players with a high level of intelligence, business acumen, deep analytical and computing skills, possess strong knowledge of all business operational cycles, cost accounting principles, along with the desire, drive and self-motivation to thrive in a fast-paced, demanding environment.

Summary of Role and Responsibilities

Oversee monthly sales tax returns for over 50 states and local jurisdictions, prepared by a third-party provider, to ensure accuracy of return data, recognition of liabilities, timely filing, payment, and reconciliation of variances with general or subsidiary ledgers.

Manage and maintain all elements of the inventory costing system, including but not limited to, in-transit, raw materials, work in process, finished goods, and merchandise under a perpetual system and standard costing valuation method.

Prepare monthly reconciliations of bank account activity and prepare liquidity reporting.

Assist with month-end closing by evaluating detail general and subsidiary ledger transactions, reconciling variances, and proposing journal entries.

Coordinate with outside accounting firm during biannual audits or reviews to ensure timely responses to inquiries and immediate resolution of open items.

Regularly compile and evaluate supplier costs affecting inventory, propose and update standard costs as necessary with the approval of the Accounting Manager, and report on variances from published standard costs.

In collaboration with Purchasing and Accounting Managers, ensure a streamlined and efficient process is in place from purchase order placement and maintenance, product receipt, and supplier payment to reduce variances associated with the full inventory purchasing and supplier payment cycle.

Regularly compile, organize, and report on product margins to ensure alignment with Company’s stated targets.

Regularly analyze and report on MSRP changes and customer sales order data to determine impact of sales discounts and price increases during the period.

Assists with preparing annual sales plan, interim forecast updates, and determining acceptable inventory levels.

Works with Accounting Manager to drive and report on Canyon’s key inventory and financial performance metrics and participates with the team on ensuring timely period-end closing and financial reporting. 

Ad-hoc assignments and reporting as deemed necessary.

Major Challenge:

Ensuring the complete, accurate and timely recording of all costs and reporting of Company’s financial performance in line with anticipated profitability targets.

Education, Experience, and Knowledge / Skills / Abilities

Minimum Education Requirements: 

• Bachelor’s degree of Science in Accounting or equivalent combination of education and experience.

Work Experience:

Knowledge, Skills, and Abilities

• Strong hands-on knowledge of accounting, auditing, and financial aspects of a business, particularly sales tax compliance, inventory standard costing, accounts receivable/payable, bank and general ledger reconciliations
• Strong analytical skills using large volumes of data.
• Problem solving skills.
• Adaptable to fast paced environment and track record of meeting tight deadlines
• Strong MS Office skills, in particular Excel

Preferred Education, Knowledge, Skills and Abilities:

• Bachelor of Science in Accounting or higher is preferred; CPA is desired.
• Previous experience in a Direct to Consumer or technology-driven business a plus.
• Experience working with international trade matters a plus.

Work Environment

Work is performed within an office environment, with standard office equipment available.

Physical Factors

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this Job, the employee is regularly required to sit for extended periods of time; use hands to finger, handle, or feel the computer; reach with hands and arms and talk or hear. The employee must occasionally lift and/or move up to 25 pounds.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.