Controller
Indexed description
Our finance team is a small, high-ownership group embedded in the business. We don’t have layers of process handed down from a large corporate parent — we build what we need, own what we build, and move fast. The person in this role will be expected to bring the same energy.
The Position: Controller (Wholesale Footwear & Fashion)
Location: Chicago, IL - Onsite
Department: Finance & Accounting
Reports To: Controller / Senior Leadership
Position Summary:
Azalea Wang is seeking an experienced Controller to lead the accounting function and serve as the primary finance leader for the business. This is a full-ownership role: you will be responsible for the complete accounting cycle, from daily transactional operations through month-end close, financial reporting, and audit readiness.
The right candidate has deep experience in fast-fashion, wholesale apparel or footwear, or a similarly high-velocity inventory-driven environment. You have led a close, built processes from scratch, managed a team, and understand the full scope of what it means to be the top accounting resource in a fast-moving wholesale business.
Month-End Close & Financial Reporting
- Own and execute the full monthly, quarterly, and annual close cycle end-to-end
- Prepare and review financial statements, supporting schedules, and variance analysis
- Ensure timely and accurate revenue recognition, inventory accounting, and expense accruals
- Maintain general ledger integrity and manage the chart of accounts
- Deliver clean, audit-ready financials to leadership on a consistent close calendar
- Support budgeting, forecasting, and cash flow planning
- Manage accounts receivable for wholesale retail accounts including department stores and specialty retailers
- Reconcile retailer remittances against open invoices — identify, dispute, and resolve deductions and short payments
- Maintain deduction aging reports and track recovery on disputed retailer deductions
- Partner with sales and operations on retailer compliance requirements and EDI-related billing issues
- Develop and document AR processes to reduce deduction exposure and improve cash application accuracy
- Oversee AP operations, including high-volume invoice processing, vendor reconciliation, and payment management across a large domestic and international vendor base
- Manage payment runs, vendor statement reconciliations, and dispute resolution
- Work directly with international and domestic vendors on payment timing, invoice discrepancies, and account cleanup
- Ensure accurate three-way matching and proper cut-off for accruals
- Ensure accurate inventory accounting across wholesale channels and product categories
- Manage inventory reconciliations, reserves, and shrink/write-off analysis
- Oversee COGS accounting and gross margin reporting by channel and category
- Partner with merchandising and operations on inventory controls, costing, and landed cost accuracy
- Support seasonal inventory roll-forwards and physical count reconciliation
- Serve as the accounting owner of the ERP system (NetSuite preferred) — including saved searches, reporting, and workflow optimization
- Lead or support system implementations, upgrades, or integrations as needed
- Build and maintain strong internal controls and process documentation
- Identify and drive process improvements that increase accuracy, efficiency, and scalability
- Partner with IT/admin on system configuration, data integrity, and automation opportunities
- Manage, review, and develop accounting team members
- Collaborate with operations, sales, merchandising, and logistics on financial reporting and planning
- Serve as a key finance partner to leadership on ad hoc analysis, business decisions, and strategic initiatives
- Support annual audit preparation and act as primary contact for external auditors
- Bachelor’s degree in Accounting or Finance; CPA preferred but not required
- 7+ years of progressive accounting experience in wholesale apparel, footwear, fast fashion, or retail
- Demonstrated ownership of the full month-end close cycle
- Hands-on experience with wholesale AR — retailer deductions, remittance reconciliation, and high-volume vendor management
- Strong understanding of inventory accounting, COGS, and cost of goods in a wholesale environment
- NetSuite experience strongly preferred; proficiency in other ERP systems considered
- Advanced Excel skills — comfortable building and maintaining complex reconciliation workbooks
- Experience managing direct reports and building team capacity
- Proven ability to build, improve, and document accounting processes in a fast-moving environment
- Strong communicator with the ability to work cross-functionally and present to senior leaderships
- Has worked in a high-SKU, high-velocity environment where speed and accuracy both matter
- Understands wholesale AR from the inside — how retailer deductions get disputed and recovered, and how to manage high-volume vendor relationships with accuracy and accountability
- Has owned a close cycle, not just contributed to one, and has a track record of hitting the calendar
- Has been through a system implementation and can speak to what went wrong and how they managed through it
- Self-directed, high standards, and comfortable operating without a detailed playbook
- Brings strong process instincts — identifies gaps and fixes them without being asked
- International vendor experience (AP reconciliation, payment coordination) is a plus
Job Type: Full-Time
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