Senior Accountant (Apparel Company)

TCW Trends Inc. is a leader in the global arena of fashion apparel manufacturing, bringing together design, sourcing, manufacturing, distribution, and financing expertise. Our passion goes beyond business; we inject excitement and significant value into our partnerships, immersing them in the dynamic world of fashion.

Our mission is to provide our customers with unique, stylish pieces while maintaining the utmost integrity in our business practices.

As we continue to grow, we are looking for an experienced and detail-oriented Senior Accountant OR Accounting Manager to join our team and help us manage our financial operations with precision and efficiency.

Position Overview:

The Senior Accountant will oversee and manage all aspects of accounting for the company, ensuring the accuracy and integrity of financial transactions. The ideal candidate will have a strong understanding of accounting principles, and excellent attention to detail. This role will involve working closely with senior management, providing financial reports, and ensuring compliance with regulatory requirements.

Key Responsibilities:

Financial Reporting & Analysis:

• Prepare and review monthly, quarterly, and annual financial statements, ensuring accuracy and timeliness.
• Analyze financial data and trends to provide insights and recommendations for improving business operations and profitability.
• Manage budgeting and forecasting processes, including variance analysis and identifying opportunities for cost savings.

General Ledger & Month-End Close:

• Oversee the general ledger to ensure all transactions are recorded accurately and timely.
• Supervise and ensure the completion of the month-end close process, including reconciliations, accruals, and journal entries.

Accounts Payable & Receivable:

• Supervise the accounts payable and accounts receivable functions, ensuring all invoices and payments are processed correctly and on time.
• Manage relationships with vendors, ensuring accurate and timely payment of bills.
• Oversee collections efforts and resolve any discrepancies or issues related to accounts receivable.

Inventory & Cost of Goods Sold (COGS):

• Work with the operations and production teams to track inventory levels, cost of goods sold (COGS), and ensure accurate reporting of inventory on hand.
• Reconcile inventory accounts and ensure that stock levels align with financial records.

Payroll & Tax Compliance:

• Partnering with Payroll professionals to ensure timely and accurate processing of employee wages, benefits, and deductions.
• Ensure compliance with local, state, and federal tax regulations, including sales tax, income tax, and other applicable taxes.

Internal Controls & Compliance:

• Assist in internal and external audits, ensuring all required documentation is provided and audit recommendations are followed.

Accounting of smaller affiliates / sister companies:

• Oversee and manage accounting to ensure all transactions are recorded accurately and timely.
• Ensure that inter-company transactions are recorded correctly in each entity’s books
• Supervise and ensure the completion of the month-end close process, including reconciliations, accruals, and journal entries.

Qualifications:

• Bachelor’s degree in accounting, finance, or a related field (CPA or CMA certification preferred).
• 5 years of experience in accounting; 2 supervisory experience is required.
• Experience working in the apparel, fashion, retail, or distribution industries and working with factor / lender are preferred.
• Proficiency in QuickBooks, Microsoft Excel, and other financial tools.
• Strong understanding of accounting principles and financial reporting.
• Excellent organizational, time-management, and problem-solving skills.
• Strong attention to detail with the ability to multitask in a fast-paced environment.
• Ability to communicate financial information clearly to non-financial stakeholders.