Fixed Assets Accountant

Posted 3.13.24
Location
San Francisco, CA

WE’RE HERE TO BRING DELIGHT TO THE WORLD OF NUTRITION

OLLY is a fast-growing company working to bring simplicity and delight to the world of nutrition. Yes, stuff like vitamins and probiotics. We see only upside in the opportunity to transform the category experience. Not only that, we believe you can’t have happy without healthy. And isn’t true happiness where it’s at? So we’ve made it our personal mission to help people make healthy choices by making it easier than ever for them to get better nutrition into their daily lives. We’re super passionate about the work that we do and we’re on the hunt for a fellow self-starter to join our ambitious bunch.

We hope you’ll indulge us as we toot our own horn a little. We currently have over 40 products sold nationwide at retailers including Target, CVS, Safeway, Whole Foods, Walmart and many more. We got off to a fast start and have already been recognized as a successful, transformational brand in both the supplement and nutrition categories. As you can imagine we need more rock stars to help us continue the pace as we have high hopes for our future.

OK, one last tidbit or two – in 2019 we joined our friends over at Unilever to help us grow OLLY into a global brand. We are also a B-Corp, so doing social good is built into our DNA and we’re headquartered in the heart of San Francisco with a culture that reflects the friendly, optimistic and health-minded values of the brand. Our goal is to build a uniquely special company and brand that will make us all proud! 

BUT ENOUGH ABOUT US LET’S TALK ABOUT YOU

You are welcome at OLLY for who you are, no matter where you come from, what you look like, or what healthy means to you. Our products are for everyone, and so is our workplace. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and shine. So bring us your personal experience, your perspectives, and your background. It’s in our differences that we will find our inspiration to help people be happy from the inside out.

THE ROLE: 

This temporary role reports to the Senior Accounting Manager. The role will support and maintain the internal fixed asset management system, will develop and document fixed asset policies and procedures and will lead the first comprehensive fixed asset count for the business. A critical component to succeed in the role will be to establish processes to track capital spend and ensure timeliness of capitalization of assets. As part of the fixed asset physical verification, the role will summarize results,  gain approvals, and recommend necessary adjustments. The role will collaborate with the Senior Accounting Manager and Staff Accountant.

KEY RESPONSIBILITIES: 

  • Document the end-to-end fixed assets process, including defining key roles and responsibilities.
  • Design a new process to ensure timely capitalization of assets, addition of assets to the asset register, monthly depreciation posting and reconciliation, monthly/quarterly roll-forwards, and gaining approvals for asset disposals.
  • Conduct an annual fixed asset physical count, collecting and summarizing counts, identifying discrepancies, and gaining approvals for adjustments. Ensure that all locations are counted (most assets are at 3rd party manufacturers/bottlers). 
  • Work with the Operations team on timing of in-service dates and define / obtain proper documentation to set-up assets.
  • Reconcile and consolidate the fixed assets list by location to the general ledger assets accounts.
  • Assist in pulling all supporting documentation to support fixed asset list.
  • In partnership with the Sr. Accounting Manager, identify opportunities to streamline and enhance process.
  • Provide input, feedback and documentation on how to improve the fixed assets policy and how to implement best practices to improve efficiency and accuracy of fixed asset management (e.g., tagging of assets).  
  • Propose the assembly and presentation of fixed asset schedules.
  • Support internal and external audits, ensuring that all transactions are properly documented and accounted for.

THE  CANDIDATE
You have a meticulous eye for detail, and you love when things flow – professionally and personally. When they do notyou’re the first to notice and you figure out just how to get things back on track. You are proactive, highly organized, self-driven and expect the best from yourself – you genuinely see the cup half full, even under pressure. You are looking for a job where no two days are the same and you want to grow with a company. You like to solve problems and you want to work as an integral part of a team that makes great things happen. While not required,  a Bachelor’s degree in accounting, finance or related field and/or CPA is preferred.

CAPABILITIES + SKILLS REQUIRED

  • A minimum of 3-5 years experience in fixed asset accounting or accounts payable in a manufacturing company
  • Ability to travel outside as required for physical fixed asset counts – all travel costs will be reimbursed by company
  • Excellent problem-solving skills with an orientation to building business partnership cross functionally
  • Exceptional command of fixed asset accounting and proficiency in ERP systems essential to perform the job
  • Previous audit experience is a must!

THE DETAILS

LOCATION: Remote with preference given to Bay Area candidates

HOURS: 40 hours (8:30am – 5pm PT) / week (Mon –Fri) with the possibility of some weekend overtime,  nonexempt (hourly) 

DURATION: 3-6 months

MANAGER: Senior Accounting Manager

PLEASE NOTE: Candidates must be authorized to work in the United States without sponsorship.

The pay range for this position is $42.50 – $52.00/hour dependent on experience. 

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