Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy. The Senior Manager, Inventory Accounting will lead the global inventory accounting function, ensuring the accuracy, integrity, and compliance of inventory-related accounting in accordance with GAAP and internal policies.
Reporting to the Senior Director of Corp Controller, the Senior Manager is responsible and accountable for accounting for Hardware inventory and COGS transitions, leading the global team reporting to this role.
About this roll* (Responsibilities)
- Lead an accurate and timely month-end close process by driving solutions at scale that benefit cross-functional teams and our reporting goals.
- Assess and define inventory and COGS accounting policies and processes for hardware inventory.
- Perform thorough reviews for all inventory related processes and transactions to ensure accuracy and compliance with US GAAP, appropriate documentation for external reporting and audit/SOX requirements.
- Own the process to conduct the periodic inventory counts in third party warehouses and ensure SOX compliance throughout the entire process.
- Lead collaboration with our cross functional partners, such as Hardware Operations, Business Systems, 3rd party warehouses, Finance and FP&A, Accounting, and Legal including but not limited to variance analysis, periodic business review results, and establish new processes in international countries. Communicate the accounting implication to stakeholders at all levels.
- Streamline and enhance processes and SOX compliant controls. Create efficiencies and simplification by leveraging technology solutions and automation.
- Support the company’s growth, in particular the integration of inventory accounting of new offerings and non-integrated companies.
Do you have the right ingredients*? (Requirements)
- 7+ years of relevant inventory accounting experience, preferably with a combination of public accounting experience and progressive in-house inventory accounting experiences.
- Balance between rolling up sleeves to execute results and leading a team with great leadership skills. Passionate about coaching and mentoring to team members.
- Netsuite experience is a must.
- Strong operational accounting skills, including trouble shooting system errors, reviewing / approving journal entries, and compiling NetSuite reports
- Strong ability to work cross functionally and proactively identify accounting issues, research applicable guidance and document accounting conclusions.
- Ability to meet tight deadlines, work independently, be detail-oriented, prioritize competing workloads, and manage the deliverables from business partners and team members in a fast paced environment.
- Ability to work with multi-national subsidiaries and multi-cultural environment
Special Sauce* (Nice-to-Have Skills)
- CPA preferred
- Experience with 3rd party warehouse providers
Our Spread* of Total Rewards
We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.
The base salary range for this role is listed below. The starting salary will be determined based on skills and experience. In addition to base salary, our total rewards components include cash compensation (overtime, bonus/commissions, if eligible), benefits, and equity (if eligible).
Diversity, Equity, and Inclusion is Baked into our Recipe for Success
At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry is one of the most diverse, and we embrace that diversity with authenticity, inclusivity, respect, and humility. By embedding these principles into our culture and design, we create equitable opportunities for all and raise the bar in delivering exceptional experiences.
We Thrive Together
We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the restaurant community. To learn more about how we work globally and regionally, check out: https://careers.toasttab.com/locations-toast.
Apply today!
Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact [email protected].
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For roles in the United States, It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
