About Ritual
Ritual is a personal health brand that is building the future of daily essentials. Our mission is simple: we help turn healthy habits into a Ritual. We started by creating the first visible supply chain of its kind and reinventing the daily multivitamin from the ground up. Now, together with some of the world’s leading scientists, researchers and advisors, we’re developing a new standard of high-quality, traceable daily products across new categories. Hundreds of thousands of customers across generations trust us, and we are growing quickly.
We’ve built a team of over 120 (and counting) curious skeptics, world-class scientists, unconventional artists, expert marketers, and analytical strategists. We’re venture-backed and based in sunny Los Angeles. If you’re looking to challenge the status quo and be challenged to do the best work of your career, join us.
Essential
We are seeking an experienced and collaborative Director of Accounting to lead our accounting operations and enhance the financial statement reporting process. In this role, you will oversee the preparation of financial statements, ensure compliance with generally accepted accounting principles (GAAP), and lead tax compliance efforts. We're looking for someone who is excited about the Ritual brand, has a strong background in accounting and e-commerce, and is committed to creating scalable solutions in a dynamic environment.
What You'll Do:
- Lead the adoption of new accounting guidance, working closely with internal teams and external auditors to ensure proper treatment
- Support the implementation of an internal control structure, ensuring compliance with SOX requirements
- Manage the financial reporting process, including the compilation of financial statements, segmented reporting, and developing key performance measures to meet reporting needs
- Review journal entries and schedules prepared by the accounting team
- Collaborate with cross-functional teams to assist in the development of new disclosures as necessary
- Ensure revenue is recognized in accordance with GAAP (ASC 606) and the company’s revenue recognition policies
- Apply revenue recognition standards to transactions related to gross-to-net revenue, cost of goods sold, reserves, and other revenue-related accounts (e.g., deferred revenue, gift card liabilities, store credit liabilities, refund reserves, and return assets)
- Continuously develop and refine business processes and procedures to support the growth of the accounting function.
- Take on special projects, including automation initiatives and other related responsibilities as needed.
Who You Are:
- Detail-Oriented & Analytical: You are thorough in your approach and understand the importance of getting the details right.
- Collaborative & Cross-Functional: You are comfortable working across teams and translating complex business concepts into practical, actionable solutions.
- Comprehensive Knowledge: You bring a well-rounded understanding of the entire accounting cycle, especially in e-commerce and direct-to-consumer businesses.
- Effective Communicator: You communicate openly and clearly, while also considering the broader business context.
What You Need:
- Education: Bachelor’s or Master’s degree in accounting or finance; CPA preferred
- Experience: 10+ years of experience in accounting, with exposure to retail, wholesale, and e-commerce; experience with Big 4 accounting or equivalent is a plus
- Expertise: Strong understanding of US GAAP, ASC 606, and SOX 404
- Skills: Advanced Excel skills and proficiency in handling large datasets
- Tools: Experience with Netsuite and proficiency with G-Suite and MS Office
- Writing: Proven experience in drafting technical memos or accounting policies
Compensation and Benefits:
- PAY RANGE: $130,000 - $193,000
- Your base salary is one part of your total compensation package. The salary range represents the entire compensation range for this position. Exact compensation will depend on a number of factors, which may include the successful candidate's skills, level, years of experience, technical expertise, and other qualifications. Not all candidates will be eligible for the upper end of the salary range. This role is also eligible for equity + generous benefits + 401k + unlimited PTO etc - see our list of perks/ benefits below.
Additional Compensation, Benefits and Perks:
- 401k Match - Up to 4%
- Medical/Dental/Vision/Life Insurance
- Healthcare & Dependent Care FSA
- 20 Weeks of 100% paid Parental Leave + 4 weeks of flex time upon return for birthing people
- Talkspace access for mental health support
- Pet Insurance discount
- Unlimited PTO Policy - 2 weeks (10 days) minimum to keep you fresh
- 11 paid holidays
- 7 additional paid days off around holidays
- 12 “Fourth Fridays” off - Days the entire company takes off each month to recharge
- Focus Fridays - No meeting days to focus on heads-down work and development
- Free Ritual Products
- Annual Wellness stipend
- Monthly Childcare stipend
- New hire Work from Home stipend
- Bi-Annual Performance Reviews
- Bi-Annual in-person company events
- Monthly wellness activities
Why Ritual?
Since launching in October 2016, Ritual has grown to be a cultural revolution in the health industry. We’re not about pseudoscience, half-truths or health fads. We are simple, effective, and backed by real science.
Ritual is an Equal Opportunity Employer. We are committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together.
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Last updated on Oct 17, 2024