Senior Inventory Accountant

Our purpose?

Glad you ask. In a nutshell, we’re all about making the world of wine a better place. We fund and source directly from independent winemakers to bring customers better quality wine for a better price. No thirsty middlemen as far as the eye can see.

It’s a different way of doing things, sure. But it works. We’re currently the largest online direct-to-consumer winery in the USA, shipping over 1 million(!) packs a year to curious wine lovers. And with an ambitious road ahead, we’ve got no plans on plugging the cork on growth.

Our global team (we have offices in the UK and Australia, too) is entrepreneurial by nature, obsessive about customer experience and driven by performance. All things that make Naked a great place to grow both personally and professionally. And yes, we like wine. A lot.

As a key accounting contributor in the global Naked Wines organization, you will play a critical role in ensuring the completeness, existence, reliability, accuracy and valuation of US inventory. You will be the subject matter expert on US inventory in partnership with the Finance Director – Global Operations and the UK-based Transatlantic Financial Controller, as well as several other domestic stakeholders (i.e. winery, operations, etc.).

You will be responsible for:

• Manage all inventory assets for the US business, including wine, dry goods, overheads, etc., through reporting, allocating, analyzing, and reconciling general ledger accounts monthly, resolving any discrepancies timely and completely
• Calculate and post monthly accounting entries to record the costing movements of individual SKUs after bottling and other inventory movements throughout the month
• Prepare, calculate, and analyze the inventory valuation provision to be presented to the Global Finance Director and Chief Financial Officer quarterly
• Review inventory contracts bi-annually in conjunction with the US winery teams in accordance with ‘IAS 37 Provisions, Contingent Liabilities and Contingent Assets’
• Analyze direct and indirect overhead absorption, assessing reasonableness and proposing process improvements
• Prepare profit & loss on disposal of inventory via secondary market and other B2B transactions in support and preparation of the inventory valuation provision
• Provide reliable profit & loss analysis of the Sonoma winery financial operations, supporting the Finance Director – Global Operations with monthly business reporting, forecasting, and presentation to C-level executives
• Develop and implement inventory accounting best practices for core inventory, third-party/B2B sales, and inventory valuation provision
• Provide documents and explanations to external auditors to facilitate annual financial audits of US inventory and associated general ledger balances
• Serve as the point of contact and coordinator of bank inventory field exams and external inventory evaluations; providing documents and explanations as required
• Responsible for upholding company mission, vision and values
• Other tasks, duties or special projects as assigned
  
  Supervisory Responsibilities
  
  This position has no supervisory responsibilities.

You must have:

• Bachelor’s degree in accounting strongly preferred, related education/experience will be considered equivalent
• Minimum 4 years of relatable experience, can include time spent in a higher education course-year
• Knowledge of accounting principles and accounting (IFRS and US GAAP)
• Must be at least 21 years of age.
• Skilled with MS office Suite (Word, Excel, PPT) and/or Google Workspaces.
• Understanding of organizational goals, office procedures, policies and Employee Handbook
• Proof of eligibility to work in your country of employment (US/UK).
• Ability to analyze situations and implement solutions independently.
• Ability to work cooperatively and establish and maintain effective work relationships while performing duties.
• Comfortable managing the demands of a global business, e.g. time zones, jurisdictional differences
• Ability to organize work to meet deadlines.
  

We would like it if you had:

• Experience in winery and/or manufacturing operations
• Experience using Sage X3, Ship Compliant and Vintrace
• Experience working for a publicly traded company

You exhibit our Naked behaviors:

• Ambition (dream big): implementing strategy into action and providing feedback (what works and doesn't)
• Judgement (make good decisions): questioning the status quo, testing hypotheses and sharing outcomes
• Discipline (adhere to high standards): delivering on commitments, on time with quality
• Influence (have a big impact): collaborating effectively, actively working on own development
• Accountability (take full responsibility): delivering results: recognizing mistakes and quickly shares them

Finally, you live by our Naked values:

• You support all stakeholders from the Winemaker, through to the Customer. We are Naked Together
• You embrace growth, pushing yourself out of your comfort zone to overcome obstacles
• You always start with our customers and winemakers
• You keep it simple and are data-led, from the wine itself to the ways of working
• You do the right thing, holding yourself accountable with honesty and openness

• Compensation Range: $85,000-$100,000
• Annual Bonus
• Health, Dental, and Vision Insurance - 90% employee coverage, 60% dependent coverage. Eligible Day 1. 
• Holiday allowance - 34 days of paid time off, including 20 days of accrued paid time off (PTO) and 12 paid company holidays. Paid time off also includes your Birthday, plus one additional day for Volunteer Efforts.
• Retirement plan - 4% employer match. Eligible Day 1. 
• Wine allowance - $50 a month towards your Nakedwines.com account
• Gym contribution - Up to $25 a month towards a gym membership
• Personal Pathways - the Company will pay up to $500 annually towards training on any topic and may be personally interested in pursuing
• Company Share Plan

If you think you fit the bill, we want to hear from you. Get the ball rolling and hit ‘Apply’ now.