Senior Manager - AP, AR & Reconciliations

About The Company

e.l.f. Beauty, Inc. stands with every eye, lip, face and paw. Our deep commitment to clean, cruelty free beauty at an incredible value has fueled the success of our flagship brand e.l.f. Cosmetics since 2004 and driven our portfolio expansion. Today, our multi-brand portfolio includes e.l.f. Cosmetics, e.l.f. SKIN, pioneering clean beauty brand Well People, Keys Soulcare, a groundbreaking lifestyle beauty brand created with Alicia Keys and Naturium, high-performance, biocompatible, clinically-effective and accessible skincare.

In our Fiscal year 24, we had net sales of $1 Billion and our business performance has been nothing short of extraordinary with 24 consecutive quarters of net sales growth. We are the #2 mass cosmetics brand in the US and are the fastest growing mass cosmetics brand among the top 5. Our total compensation philosophy offers every full-time new hire competitive pay and benefits, bonus eligibility (200% of target over the last four fiscal years), equity, and a hybrid 3 day in office, 2 day at home work environment. We believe the combination of our unique culture, total compensation, workplace flexibility and care for the team is unmatched across not just beauty but any industry.

Visit our Career Page to learn more about our team: https://www.elfbeauty.com/work-with-us

Position Summary

The Senior Manager – AP, AR and Reconciliations is responsible for overseeing these functions and ensuring the timely and accurate execution of processes, tasks. This role will lead a team of Accounting Professionals and collaborate closely with Vendors and Business units to maintain strong controls, compliance, and mutually beneficial relationships

Key Responsibilities

Accounts Payables (AP):

• Lead and manage the end-to-end accounts payable process including invoice verification, approvals, and payment processing
• Ensure compliance with internal controls, accounting policies, and external regulatory requirements (e.g., GST, TDS, SOX, etc.)
• Develop and maintain KPIs to monitor AP performance including DPO, invoice aging, and payment accuracy
• Implement process improvements and automation initiatives to increase efficiency and reduce errors
• Manage vendor relationships and resolve escalations or discrepancies related to invoicing and payments
• Coordinate month-end and year-end closing activities for the AP function including accruals and reconciliations. Would need to work during US PST Hours for closing
• Collaborate with internal and external auditors during audits and ensure timely resolution of audit findings
• Drive system improvements and participate in ERP enhancements or implementations
• Provide leadership, coaching, and development opportunities to the AP team
  
  
  

Accounts Receivable (AR):

• Collaborate with the AR team to ensure timely billing, collections, and accurate application of payments.
• Monitor AR aging and provide strategic directions to improve collection rates and reduce Days Sales Outstanding (DSO)
• Support interdepartmental coordination between sales, finance, and customer service to address disputes and payment delays
• Review AR performance metrics and present insights to executive leadership
  
  
  

Deductions Management (AR):

• Provide leadership in analyzing and resolving complex customer and vendor deductions
• Develop and implement policies and workflows to ensure valid deduction processing and timely resolution
• Coordinate with sales, logistics, and customer service teams to resolve root causes of recurring deductions
• Monitor deduction trends and develop reporting mechanisms to track financial impact and improve recovery rates
  
  
  

Cash Reconciliations:

• Oversee the cash reconciliation process, ensuring timely and accurate reconciliation of bank accounts with internal records
• Review reconciliation reports, investigate variances, and ensure resolution of open items
• Collaborate with treasury and accounting teams to optimize cash management practices
• Ensure compliance with audit requirements and support month-end and year-end close activities related to cash and banking
  
  
  

Qualifications

• Bachelor’s degree in accounting, Finance, or related field; CA/MBA preferred
• 10+ years of progressive experience in finance and accounting with a strong background in AP, AR and Reconciliations
• Proven leadership experience managing medium to large teams
• Strong knowledge of ERP systems (SAP preferred)
• Exceptional understanding of accounting principles and relevant tax regulations – US GAAP
• Strong analytical, problem-solving, and communication skills
• High level of integrity and attention to detail
  
  
  

Key Compentencies

• Leadership & Team Management
• Financial Acumen
• Process Improvement
• Attention to Detail
• Communication & Stakeholder Management
• Time Management & Prioritization
  
  
  

Minimum Work Experience

• 10
  
  
  

Maximum Work Experience

• 15
  
  
  

This job description is intended to describe the general nature and level of work being performed in this position. It also reflects the general details considered necessary to describe the principal functions of the job identified, and shall not be considered, as detailed description of all the work required inherent in the job. It is not an exhaustive list of responsibilities, and it is subject to changes and exceptions at the supervisors’ discretion.

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