Job Description
Job DescriptionCompany Overview
Perry Ellis International, Inc. represents a diverse portfolio of lifestyle apparel brands. The Company, through its wholly owned subsidiaries owns and licenses nationally and with a brand portfolio of over 42 Brands domestically and internationally recognized brands including: Perry Ellis®, Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist® and Farah®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel.
Position Overview:
The Cost Accountant is a key member of the finance team, responsible for managing all cost accounting activities related to Perry Ellis International's wholesale inventory. This role requires a detail-oriented professional to ensure the accuracy of inventory valuation, analyze cost variances, and provide critical financial insights to support business decisions. The ideal candidate possesses strong analytical skills and a solid understanding of GAAP and cost accounting principles.
Responsibilities
- Inventory Costing & Maintenance: Maintain and update the cost accounting system to accurately reflect the cost of wholesale inventory. This includes standard cost setting, maintaining Bills of Material (BOMs), and ensuring data integrity.
- Cost Analysis & Reporting: Analyze and report on cost variances related to production, procurement, and inventory. Prepare detailed reports on inventory turns, excess and obsolete inventory, and margin analysis.
- Reconciliation & Month-End Close: Prepare and post journal entries related to cost of goods sold (COGS) and inventory. Reconcile inventory accounts to the general ledger and assist with month-end and year-end close procedures.
- Cross-Functional Collaboration: Partner with sourcing, production, and merchandising teams to understand and track product costs. Provide financial analysis to support strategic initiatives and pricing decisions.
- Audit Support: Assist with internal and external audits by providing documentation and analysis related to inventory and COGS.
- Special projects and other tasks as assigned.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 2-3 years of experience in a cost accounting or inventory accounting role, preferably within the apparel, retail, or consumer goods industry.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and cost accounting methodologies.
- Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite) and advanced Microsoft Excel skills.
- Demonstrated ability to perform detailed analysis and prepare accurate financial reports.
Preferred Qualifications
- Experience with NetSuite or similar financial reporting systems.
- Prior experience with licensing agreements, legal accounting, or forensic accounting.
- Experience in the wholesale or retail industry.
Personal Attributes
- Analytical & Detail-Oriented: Possesses a meticulous approach to data and a commitment to accuracy.
- Effective Communicator: Ability to present complex financial information clearly to both finance and non-finance stakeholders.
- Proactive & Independent: Takes initiative to identify and resolve issues and can manage multiple tasks and deadlines effectively.
- Team Player: Works collaboratively with various departments to achieve shared goals.
Legal Disclaimer:
Perry Ellis International is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other legally protected status. All qualified applicants will receive consideration for employment without regard to their individual background and characteristics. We are committed to providing a workplace free of any discrimination or harassment. This commitment extends to all aspects of employment, including hiring, promotion, transfer, compensation, and termination. By submitting your application, you acknowledge and agree to the company's commitment to equal employment opportunities.
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