Director of Accounting

• FIGS is seeking a strong Director of Accounting to join our Accounting & Finance team. We are looking for someone who can thrive in an entrepreneurial, fast-paced, emerging growth environment to help take the Accounting function to the next level
• This role oversees the monthly close process for the sales to cash cycle, manages the accounting team, partners cross-functionally with Finance and business leaders, and supports strategic initiatives that drive operational excellence and scalable growth
• Manage and oversee the month-end close processes covering the entire sales-to-cash cycle for all revenue streams. This includes the review and posting of journal entries, account reconciliations and reviewing the work of others
• Identify areas of opportunity around the month-end close process and enhance process documentation of areas of responsibility
• Lead projects to drive improvements in these areas with a focus on efficiency, the use of financial systems and reporting tools
• Develop scalable AR processes in support of our growing B2B partnerships and develop scalable reporting and GL processes around our growing retail business
• Support the reporting and settlement of royalties of licensed products and agreements
• Consistently manage and execute the on-time completion of all month-end close responsibilities and support the quarterly earnings cycle. Maintain strict discipline over close deadlines and timely review of team deliverables
• Supervise, mentor, manage and develop staff, conduct performance evaluations and foster cross-functional collaboration across the company
• Collaborate with the Financial Planning and Analysis team to review monthly results and handle ad hoc financial reporting
• Maintain ongoing compliance of SOX controls including the preparation and retention of all necessary documentation. Monitor appropriate execution of the control environment, including leading control walkthrough meetings.
• Assist with the development and implementation of accounting policies, procedures, and internal controls to ensure compliance with GAAP and other applicable regulations
• Coordinate with external auditors to provide required documentation and analysis for audits
• Support ad-hoc projects and initiatives related to process improvement, management reporting, technology integration, and data analytics

Benefits

• Finance: Amazing 401(k) progream, with a company match up to the first 6% of your contribution. 100% FIGS-sponsored life insurance, disability insurance, access to an Employee Stock Purchase Plan and financial wellness learning opportunities.
• Family: We care for our extended FIGS family by offering generous parental leave, new-parent care meals, and a transition back to work program following leave.
• Health and Wellbeing: Comprehensive benefits and perks package focused on your well-being including: previum medical, dental, and vision coverage, FIGS-sponsored bi-weekly UberEats meal credits, free access to Breethe, a fitness stipend with ClassPass, and a free Peleton room on-site.
• Time Away: Generous time off - flexible vacation for salaried team members and up to 3 weeks of vacation for hourly team members. We also offer access to leave programs to care for yourself and your family.
• Staying Connected: Weekly company-wide meetings, exclusive Coffee Connection meetings with the FIGS Co-CEOs, and monthly Fruitful Talks with thought-leaders and industry experts. WE support our team members through affinity groups and a thoughtfully designed Buddy Program, fostering friendship and belonging.
• Culture Committee: The Culture Committee creates incredible monthly Culture Programs spotlighting a specific area of wellness, while also finding ways to give back to the local community through volunteerism.
• Furry Friends: We partner with The Wags Club in West LA to provide weekday doggy day care at a partially subsidized cost. We also partner with MetLife to get discounts on pet insurance.
• Employee Discounts & Rewards: Team members receive 50% off, a $75 gift code on birthdays, and a special anniversary gift each year.- Strong leadership abilities, with the capacity to manage and develop a team, maintain a high level of excellence and maintain strong internal controls
• Able to work with a high volume of transactions in a fast-paced environment
• Strong teamwork and business partnering capabilities
• Big 4 Public Accounting and strong SOX 404 experience
• Experience implementing accounting systems or process automation
• Ability to leverage technology for efficient data gathering and analysis
• Able to maintain a high level of accuracy in preparing and entering financial information
• Forward looking thinker who can articulate the need for and implement process improvements
• Bachelor’s or master’s degree in accounting
• Current CPA
• IFRS experience preferred
• 8+ years experience with a combination of public accounting and/or public company industry experience, preferably at a rapidly growing retail and e-commerce company with a focus on the sales-to-cash cycle
• NetSuite OneWorld experience required
• Familiarity with international accounting processes, working with multiple currencies and international consolidations
• In depth knowledge of US GAAP
• The ability to synthesize large sets of data from multiple, sometimes unrelated, sources
• Someone who can take a task from 0 to 100 without a lot of direction; a self-starter that makes it happen
• Team player with an egoless nature and an entrepreneurial spirit
• Proven work ethic and integrity
• Positive attitude and a desire to excel and grow with FIGS