The RealReal is leading the way in authenticated luxury consignment, online and in real life at our brick and mortar locations. Founded in 2011, we're growing fast and fundamentally changing the way people buy and sell luxury a multi-billion dollar industry. With a team of in-house experts who inspect every item we sell, our commitment to authenticity sets us apart and creates a foundation of trust with shoppers and consignors. Our mission to extend the life cycle of luxury items is leading innovation in sustainable fashion. We're proud to promote the circular economy and to be the first luxury member of the Ellen MacArthur Foundation's prestigious CE100 USA.
Employees at The RealReal are dedicated, collaborative and innovative, and we're looking for exceptional talent to join our team. Build your career with us and enjoy 401K matching, health, dental and vision insurance, commuter flex spending, healthcare flex spending, generous PTO, a mother's room, and flexible work hours!
Reporting to the VP Corporate Controller, the Senior Director, Revenue and Inventory Operations will be a key leader for the accounting department of a recently minted public company. This position will be responsible for setting the strategic vision for the revenue and inventory functions.
The Senior Director, Revenue and Inventory will play an integral role for process improvement, system implementations and optimizations, and standardizing internal control processes. A successful candidate will be a hands-on and detailed oriented leader, with strong organization, management and communication skills.
This position is based in San Francisco, CA and will report to the VP, Corporate Controller.
DUTIES & RESPONSIBILITIES
Oversee revenue accounting, revenue operations, month end close, credit card processing and reporting
Identify, scope and drive critical projects to enhance the global order-to-cash and revenue accounting processes
Monitor relevant US GAAP and SEC developments to ensure revenue recognition policies and procedures are in compliance
Work closely with other functional groups to drive improvement in the revenue recognition and order to cash cycle
Lead technical accounting discussions relating to revenue recognition and be the subject matter expert to drive matters to conclusion.
Manage all revenue recognition matters with the external audit firm for quarterly reviews and annual audits
Develop and maintain SOX internal controls over financial reporting in the Order to Cash business cycle.
Lead all aspects of the inventory accounting process, including costing and control for a high volume merchandised single SKU inventory environment
Oversee and improve the month-end close of inventory and COGS
Lead future warehouse management system implementation
Supervise and grow the inventory accounting team as needed to scale
Collaborate with the warehouses, merchandising, and accounts payable teams on processes design and improvement to ensure proper accounting and reporting for the current business and future growth
Work with the fulfillment team to improve inventory control process
Partner with warehouse and operations during quarterly physical inventory count process
Ensure proper and accurate classification of inventory and costs
Oversee the preparation of and review monthly roll forwards, journal entries, reconciliations and reporting for inventory deposits, accruals, obsolescence, cost of goods sold, and analysis, KPI's and ratios
Bachelor of Science in Accounting or Finance.
Certified Public Accountant (active status) required.
10+ years of proven successful experience in accounting with a minimum of 5 years in a director level position with a Public Company.
Strong working knowledge of US GAAP technical accounting and business matters.
Polished communication skills with an ability to listen to the needs of the business, comprehend complex matters, and articulate issues in a clear and concise manner. Makes the complex simple.
Aptitude for working well within a team and the ability to influence, mentor, and leverage the skills of others to achieve objectives.
Ability to manage large-scale projects across multiple functional areas, influencing stakeholders and driving results
The RealReal is committed to providing an equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or Veteran status. We will consider qualified applicants for a position regardless of arrest or conviction records, consistent with legal requirements.