Controller

TONYMOLY USA is a leading K-beauty brand located in Brooklyn, NY. We bring fun, effective, and innovative skincare to beauty lovers nationwide through our presence in major retailers, e-commerce, and DTC channels. We're scaling and building a high-performing team to support this next phase of growth.

We’re currently seeking an experienced and strategic Controller to oversee all accounting operations and lead financial reporting, planning, and controls. This is a hands-on role for a highly analytical, operationally-minded finance professional with deep experience in distribution, inventory accounting , and ERP systems .

Position Summary

We are seeking a highly skilled and experienced Controller to lead the accounting function at TONYMOLY USA. The Controller will oversee all aspects of accounting operations, including the preparation of timely and accurate financial reports, the maintenance of robust accounting systems and internal controls, and the development of budgets and forecasts aligned with company goals.

This role requires a strategic thinker with a strong operational mindset - someone who thrives in a fast-paced, entrepreneurial environment and can build scalable processes without sacrificing precision. The ideal candidate will have deep experience in wholesale distribution and E-commerce businesses, and must bring expert-level proficiency in ERP systems. This is a hands-on leadership role that will collaborate cross-functionally across departments and help shape the financial infrastructure.

Key Responsibilities

Financial Management & Reporting

• Oversee all core accounting functions: billing, A/R, A/P, general ledger, cost accounting, inventory accounting, and revenue recognition
• Prepare timely and accurate monthly, quarterly, and annual financial statements in accordance with GAAP
• Maintain a robust system of accounting policies, internal controls, and procedures
• Manage intercompany transactions and reconciliations with TONYMOLY HQ and related entities
• Prepare management reporting packages and variance analyses for senior leadership
• Coordinate and support external audits, tax filings, and compliance reviews

Accounts Receivable & Collections

• Manage the full AR cycle including invoicing, cash application, aging analysis, and collections for retail, wholesale, and e-commerce customers (Target, Ulta Beauty, Amazon, Nordstrom Rack, and others)
• Monitor and dispute retailer chargebacks and deductions across all trading partners, including compliance deductions (VCNA, VC011, TR10, CB501) through vendor portals such as Partners Online (Target) and Vendor Central (Amazon)
• Maintain aging reports and coordinate with sales and operations to resolve disputed balances

Accounts Payable & Cash Management

• Oversee AP processing, vendor payment runs, and reconciliation of vendor statements
• Manage weekly cash flow forecasting and daily cash position reporting

Inventory & Distribution Focus

• Manage inventory valuation, standard costing, and reconciliation across all channels (wholesale, eCommerce)
• Partner with operations and supply chain to ensure accurate and timely inventory tracking
• Identify and implement strategies to improve inventory turnover and reduce obsolescence
• Oversee freight, logistics, and landed cost accounting
• Identify and write off obsolete, non-saleable, or slow-moving inventory in coordination with operations

ERP & Financial Systems

• Act as internal SAP Business One expert (FI/CO, MM, SD modules)
• Ensure data integrity and maximize operational efficiency through system optimization
• Lead enhancements, upgrades, and cross-functional financial integrations

Compliance & Internal Controls

• Ensure full compliance with federal, state, and local regulations
• Maintain strong internal controls over all financial transactions and reporting
• Act as primary liaison to external accounting partners

Leadership

• Promote a culture of ownership, accuracy, and continuous improvement
• Collaborate closely with executive leadership, Fractional CFO, sales, operations, and marketing

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred)
• Minimum 7 years of progressive experience in accounting/finance, including 3+ years in a Controller or senior finance leadership role
• Strong background in wholesale/retail distribution , inventory management, and COGS analysis
• Expert-level proficiency in SAP
• Experience working with major U.S. retailers (e.g., Ulta, Target, Macy’s)
• Background in beauty, skincare, or CPG is highly desirable
• Exceptional analytical, leadership, and cross-functional communication skills
• Thrives in a fast-paced, entrepreneurial environment and can build structure within growth
• Experience managing retailer AR, chargebacks, and deduction disputes with major accounts (Target, Amazon, Ulta, Nordstrom, or similar)

Compensation & Benefits

• Competitive salary and performance-based bonus
• Full health, dental, and vision insurance
• 401(k) retirement plan
• Generous employee discount on all beauty and skincare products
• Career development opportunities and leadership exposure within a growing company