We are looking for an experienced Accountant in our Los Angeles office. This person will be responsible for all accounts receivable and payable duties and be a main point of contact with our customers, vendors and internal employees. This position reports to the Financial controller and will provide key support in building a sound financial structure to benefit the overall financial health of OUAI.

Responsibilities

Account Receivables (60% of workload)

  • Issue the invoices to customers based on the sales order and delivery notice daily.
  • Post customer payments by verifying and posting bank receipts daily.
  • Resolve valid or authorized deductions by entering credit memos.
  • Resolve invalid or unauthorized deductions by following pending deductions procedures. Verifies validity of account discrepancies by obtaining and investigating information from sales, logistics, or from customers;
  • Reconcile the account receivable ledger and prepare the AR aging follow-up report to Financial Controller weekly.


Account Payables/Expense Claim (30% of workload)

  • Verify and create vendor information in Bill.com and QuickBooks.
  • Create bills in Bill.com daily.
  • Post the bank payment for expense claim.


Other (10% of workload)

  • Assist with month-end closing.
  • Provide the supporting documents for annual audit and tax filing.
  • Other ad hoc tasks requested by financial controller.


Requirements

  • Minimum of a Bachelor’s degree in accounting major.
  • Proficiency in Quick books.
  • Solid understanding of basic Accounting principles, fair credit practices and collection regulations.
  • Attention to Detail High degree of accuracy and attention to detail.
  • Outgoing personality that enjoys working with customer and supplies.
  • Familiarity with the processes of our key retailers (Sephora, Nordstrom, Urban Outfitters, etc.).
  • Be proactive and an independent problem solver.
  • Be open-minded and keep pace with the changes of company.