What are the responsibilities and job description for the Vice President of Accounting position at Hire Point Recruiting?
Position Overview:
We are seeking a highly experienced Vice President of Accounting to lead the financial operations of our fast-growing wholesale furniture company. This role oversees all accounting functions, ensures the accuracy of financial reporting, strengthens internal controls, and partners with leadership to support strategic growth. The ideal candidate brings deep expertise in inventory-driven businesses, a strong command of wholesale apparel industry dynamics, and proven leadership in scaling accounting operations.
Key Responsibilities:
Financial Leadership & Strategy
- Provide strategic financial guidance to executive leadership to support company growth, margin improvement, and operational efficiency.
- Develop, maintain, and enhance financial policies, procedures, and internal controls.
- Lead the annual budgeting, forecasting, and long-range planning processes.
Accounting Operations
- Oversee day-to-day accounting operations including A/P, A/R, general ledger, payroll, cost accounting, and revenue recognition.
- Manage month-end and year-end close processes to ensure timely and accurate reporting.
- Maintain compliance with GAAP and industry best practices.
Inventory, Costing & Wholesale Financial Management
- Oversee inventory accounting, costing methods, landed cost calculations, and valuation for multi-SKU, multi-location operations.
- Partner with warehouse, production, and sourcing teams to ensure accurate inventory records and alignment between systems (e.g., ERP, WMS).
- Monitor chargebacks, return allowances, co-op and marketing deductions common in wholesale accounts.
- Evaluate gross margin trends, SKU-level profitability, and unit economics.
Financial Reporting
- Prepare monthly, quarterly, and annual financial statements, management reports, and KPI dashboards.
- Lead preparation for audits, tax filings, and lender reporting requirements.
- Present financial performance and insights to the executive team and board of directors.
Systems, Process Improvement & Technology
- Oversee ERP accounting modules and support system upgrades or integrations (e.g., apparel ERP systems such as NetSuite, BlueCherry, or SAP).
- Implement process improvements to support scalability, accuracy, and efficiency.
- Leverage automation and technology to streamline accounting workflows and reduce errors.
Team Leadership & Development
- Lead and mentor the accounting team, fostering a culture of accuracy, accountability, and continuous learning.
- Assess team structure and capabilities; recruit and retain high-performing talent as the company grows.
- Promote collaboration with cross-functional teams including Sales, Operations, Logistics, Production, and Customer Service.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field required; CPA or MBA strongly preferred.
- 10 years of progressive accounting experience, including at least 5 years in a leadership role.
- Prior experience in the wholesale apparel, fashion, or consumer goods industry is highly preferred.
- Deep understanding of inventory accounting, costing, landed cost, and wholesale financial operations.
- Strong knowledge of GAAP, internal controls, and multi-entity or multi-channel operations.
- Experience working with ERP systems relevant to apparel/wholesale.
- Exceptional analytical, organizational, and communication skills.
- Ability to thrive in a fast-paced, entrepreneurial environment.
Success Factors:
- Highly detail-oriented with the ability to connect numbers to business realities.
- Proactive problem-solver who anticipates challenges and designs scalable solutions.
- Strong leadership presence with the ability to influence across teams.
- Passion for continuous improvement and operational excellence.
- Commitment to deadlines, accuracy, and team development.
Salary : $250,000 - $285,000