GL Accountant

The posting, as Tesolife wrote it

About TESO Group
Founded in 2017 in New York, TESO Group is an Asian-inspired lifestyle retail company bringing premium Asian products and culture to the U.S. market. With brands including TESO LIFE, TESO X, and TESO Mini, we offer a curated mix of beauty, snacks, home goods, and trendy collectibles—delivering quality, value, and a unique shopping experience.

Job Responsibilities

• General Ledger Accounting & Monthly Close
• Responsible for daily general ledger accounting for assigned entities and accounts, completing Journal Entries, accruals, provisions, amortization, reclassifications, and other standard month-end adjustments in accordance with the monthly close calendar.
• Review transactions against supporting documents, including transaction details, account codes, entities, departments, periods, and amounts, to ensure accounting records are accurate, complete, and compliant with accrual-basis accounting.
• Follow up on outstanding items and unusual variances based on the monthly close checklist and promptly escalate significant or complex issues to Senior General Ledger Accountants / Finance Management.
• Balance Sheet Reconciliations & Account Management
• Complete monthly reconciliations for assigned balance sheet accounts, including bank, prepaid expenses, accruals, fixed assets, leases, payroll, intercompany, and other balance sheet accounts.
• Maintain reconciliation supporting schedules and reconcile GL balances to detailed supporting records. Investigate and follow up on long-outstanding items, unusual balances, negative balances, and timing differences.
• Perform accounting in accordance with the company’s Chart of Accounts, account usage guidelines, and standard JE templates; identify and correct misclassifications or inconsistent accounting treatments.
• Fixed Assets, Lease & Payroll Accounting
• Responsible for or assist with fixed asset additions, capitalization, depreciation, disposals, and CIP detail maintenance, ensuring asset records and supporting documents are complete.
• Responsible for or assist with monthly ASC 842 lease accounting, ROU Asset / Lease Liability reconciliations, and follow-up on rent-related variances.
• Responsible for or assist with payroll / headcount cost accruals, allocations, and payroll-related liability reconciliations, ensuring labor costs are recognized in the correct period and entity.
• Multi-Entity & Intercompany Accounting
• Responsible for daily accounting of intercompany transactions, due to / due from balances, expense allocations, and other related-party transactions for assigned entities.
• Reconcile intercompany balances with corresponding entities monthly, investigate differences, and prepare necessary adjustments in a timely manner.
• Prepare supporting documentation required for consolidation and eliminations and assist Senior General Ledger Accountants with intercompany cleanup prior to month-end close.
• Financial Statement & Variance Review
• Assist w

[…]
preparing GL, reconciliation, fixed asset, lease, payroll, and other requested documentation in accordance with PBC requirements and timelines.

• Collaborate with AP, Revenue / Cost, Monki Accounting, FP&A, HR, IT, Operations, and other teams to collect month-end close information and resolve accounting issues within the assigned scope.
• Maintain organized and complete workpapers, supporting documents, and financial records; promptly escalate significant variances, accounting judgments, or control issues and do not independently make decisions beyond authorized responsibilities.

Qualifications

• Education : Bachelor’s degree in Accounting, Finance, or a related field.
• Professional Experience : 2–4+ years of experience in accounting, auditing, or finance, with experience in general ledger accounting, month-end close, or balance sheet reconciliations. Experience with multi-entity environments and/or the retail or consumer industry is preferred.
• Knowledge & Skills : Working knowledge of US GAAP, accrual-basis accounting, Journal Entries, month-end close, and Balance Sheet Reconciliations. Familiarity with fixed assets, lease accounting, payroll accounting, and intercompany accounting. Proficiency in Excel; ERP / NetSuite experience preferred.
• Core Competencies : Strong sense of responsibility and ownership, with excellent attention to detail and logical thinking. Strong learning, problem-solving, and execution skills. Ability to independently complete assigned responsibilities within deadlines, with strong communication and teamwork skills.

Compensation

• $28 per hour
• Quarterly Performance Bonus: This position is eligible for a quarterly performance-based bonus, subject to the eligibility requirements, performance criteria, and terms of the Company's bonus program.

Benefits

• 401(k) & 401(k) matching - subject to the eligibility requirements
• Paid Sick Leave
• Employee discount
• Health insurance
• Paid Time Off

Job Type: Full-Time (On-Site)