Senior Accountant, The Black Tux
$90-115k
Suits and formal wear for rent and purchase
Be an early applicant
Suits and formal wear for rent and purchase
101-200 employees
Be an early applicant
$90-115k
101-200 employees
Company mission
To offer men an alternative to traditional tuxedo and suit rental outlets.
Role
Who you are
- We are looking for individuals who thrive in a fast-paced startup environment, solving interesting problems and yet still maintain a great work/life balance
- 3+ years of full cycle accounting, and/or public accounting experience
- Certified Public Accountant with in-depth knowledge of US GAAP preferred
- Self-starter with the ability to prioritize various responsibilities
- Bachelor’s Degree in Accounting or related field
- Experience working with inventory
- Worked in a startup environment, preferred but not required
- Experience with Dynamics 365 Business Central or other accounting ERP systems
- You describe yourself as kind, collaborative, and creative
- You know ownership is more than responsibility; it's about taking pride in your work and accountability for any success or failure
- Customer experience is at the heart of everything you do, it inspires and motivates you to hold a high expectation of yourself and your teammates
- You are humble, inclusive, and respectful
What the job involves
- As a Senior Accountant on the Finance team you will support the accounting function, including managing the month end close cycle, monthly compliance reporting, inventory management, prepare technical accounting memos, and lead the accounts payable team
- This position will also help with monthly budget to actual variance analysis, annual audits and other ad-hoc projects
- You will report to the Controller and work closely with the SVP of Finance to improve internal/external financial reporting and workflow automation
- Assist with the month end close process, including preparing monthly account reconciliations and analysis, preparing flux analysis and communicate with department leads to resolve variances, and assist with the continuous improvement of month end close procedures to shorten the close cycle
- Prepare the monthly departmental budget to actual analysis and reporting, strong focus on researching transaction history to reconcile inventory discrepancies
- Responsible for the compilation of all financial statements (monthly, quarterly, and annual)
- Write technical accounting memos that support the company’s compliance with GAAP
- Monitor and track the inventory general ledger accounts, including preparing monthly inventory reconciliations, preparing month end inventory accruals, and working closely with supply chain and warehouse operation teams to improve inventory process flow and controls
- Lead the accounts payable team, including the improvement and implementation of inventory cost management procedures, and work closely with the Controller to develop inventory metrics
- Track and maintain third party request listings (audits, tax, compliance, etc.)
- Develop and train Staff Accountant and Accounts Payable Specialists
- Assist in development and implementation of new procedures to enhance the workflow of the Finance team
- Assist with ad-hoc special projects
Our take
Born from a dissatisfaction with tux hiring, the founders of The Black Tux sought to create an alternative to traditional tuxedo and suit rental outlets, something that was a more fun and enjoyable experience for customers.
Clients can hire or buy one of the company's own designed 100% merino wool suits as well as cotton shirts and proper leather shoes. Using quality and craftsmanship to set them apart from other traditional rental options that typically offer factory-made polyester garments that have been through many rounds of dry cleaning. Customers can build their own look or have one curated by in-house stylists based on their needs. Suit hire is competitively priced considering the garments are worth upwards of $1200 on the shelf.
With standalone showrooms and a Partnership with Nordstrom, Black Tux has recently stepped into the physical retail world. Moving into a future where suits aren’t just reserved for weddings, and the stigma around clothing rental begins to diminish, the company has also started to provide formal wear for interviews and even dates.
Freddie
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Mar 2018
$30m
SERIES C
Sep 2015
$25m
SERIES B
Total funding: $67.6m
Company benefits
- Competitive salaries
- Health, dental, vision and life insurance coverage
- 401(k) Plan
- Paid parking
- Paid maternity and paternity leave
- Open vacation time
- Stocked kitchen & pantry
- Free Lunch Fridays
- Complimentary dry cleaning & tailoring services
- Quarterly excursions (baseball games, sailing trips, etc)
- Frequent happy hours
- Free suit rentals
- Dog friendly office
- Four blocks from the beach, two from the Promenade
Company HQ
Downtown, Santa Monica, CA
Leadership
Patrick Coyne
(Board Member)After completing an MBA from NYU Stern School of Business, they co-founded The Black Tux. They are also co-founder and CEO of LiveControl, which provides video production crews remotely.
Andrew Blackmon
(CEO)Before co-founding The Black Tux, they studied English Literature at Pepperdine University and completed an MBA from HEC Paris.
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