Senior Manager of Accounting

About Us

At Parachute we are focused on creating premium, responsibly-made home essentials that fill homes with soft landings. We believe the home is an extension of one's self, it offers a sense of belonging and welcomes all with ease and warmth. Home is where we recharge, wash off the day and rest up for tomorrow. It is the most comforting word there is – that’s why they say there’s no place like it.

The unmistakable feeling of home is what inspired us to create Parachute and we invite you to join us in helping people transform a house into a home.

We're looking for people who are curious, accountable, and motivated to build something exceptional together. At Parachute, we value teammates who take ownership, adapt with optimism, challenge themselves to grow, and raise the bar for themselves and those around them. If you're energized by meaningful work, high standards, and the opportunity to make a real impact, we'd love to meet you.

About This Role

As our Senior Manager of Accounting you will lead our accounting operations and strengthen the financial foundation of the business. Reporting directly to the CFO, you’ll own the monthly, quarterly and year-end close, financial reporting, inventory accounting, and day-to-day accounting operations while partnering cross-functionally to improve financial accuracy, systems, and processes. You will also lead improvements across inventory accounting, product costing and Net Suite transaction processes.

This role is ideal for someone who enjoys digging into the details, solving complex problems, and building scalable processes in a fast-paced environment.

• Lead the monthly, quarterly, and year-end close in accordance with U.S. GAAP.
• Own journal entries, account reconciliations, balance sheet integrity, and financial reporting.
• Own inventory accounting, product costing, COGS, reserves, returns, and inventory adjustments.
• Reconcile inventory across Net Suite, warehouse operations, and third-party logistics partners.
• Partner with Supply Chain, Commercial, and FP&A to improve inventory accuracy, margin reporting, and operational processes.
• Serve as the accounting owner for Net Suite transaction flows and accounting processes.
• Investigate and resolve system, accounting and data issues.
• Partner with Commercial and FP&A to improve gross margin accuracy, cost control and financial insights.
• Support cash management, banking activities, audits, tax compliance, and special projects.
• Lead and develop a small accounting team while fostering accountability, collaboration, and continuous improvement.
• Establish clear priorities, maintain high-quality work, and support the ongoing growth of the accounting function.

• Bachelor’s degree in Accounting, Finance or a related field.
• 8+ years of progressive accounting experience.
• Experience leading a monthly close and managing accounting team members.
• Strong hands-on Net Suite experience.
• Strong inventory accounting and product costing experience.
• Strong understanding of U.S. GAAP and financial reporting.
• Experience in a consumer products, retail, wholesale or inventory-based business.
• Advanced Excel and analytical skills.
• Strong cross-functional communication and problem-solving abilities.
• Comfortable working in a hands-on and fast-paced environment.
• Able to work from our Culver City office Monday through Thursday.

• Experience with average costing, landed costs, freight, duties, returns and inventory reserves.
• Experience with third-party logistics providers or warehouse systems.
• CPA or CMA is a plus but not required.

• Hybrid schedule with Fridays work-from-home
• Comprehensive medical, dental, vision, and disability coverage
• One Medical (full health), Kindbody (fertility health), and Talkspace (mental health) memberships
• Open & flexible PTO
• 401(k) plan through Empower
• Up to 10 weeks of paid parental leave
• Weekly catered lunch & free snacks
• Monthly work-from-home stipend
• Monthly cell phone reimbursement
• $300 annual free bedding, plus an employee discount and $250 new hire gift card
• Beautiful HQ in Culver City, steps from the light rail
• Dog friendly office

Compensation

The base salary range for this position will be $140,000-$155,000. Compensation may vary based on the candidate’s skills, qualifications, and location. This role may be eligible for additional compensation through bonus or stock options.

Our Commitment to You

At Parachute, we value diverse perspectives and believe great ideas come from people with different backgrounds and experiences. We strive to provide a thoughtful, respectful hiring experience where candidates are evaluated based on the skills, qualifications, and experiences relevant to the role.