Job description
Job Summary:
The Senior Accountant, Freight Operations will be responsible for the comprehensive accounting for all inbound and outbound freight activities and ensuring the accuracy and integrity of freight-related financial data.
Job Expectations:
Freight Cost Accounting & Management:
- Manage the end-to-end accounting for all domestic and international freight expenses, including inbound, transfers, and outbound shipments (including 3PLs).
- Ensure accurate G/L coding, validation, and timely processing of freight invoices from various carriers and logistics providers, including reviewing freight information and reconciliations performed by our third-party freight audit and payment vendor.
- Develop and maintain procedures for freight cost allocation to appropriate general ledger accounts, inventory, or cost of goods sold.
- Execute all accounting-specific duties per relevant Standard Operating Procedures (SOPs), ensuring accurate financial tracking, cost recording (accrued and actual), validation/remediation of invoice posting errors, and compliance across all freight modes and types.
- Perform regular audits of freight charges against contracts and rate agreements to identify and resolve discrepancies.
- Actively participate in month-end close procedures, including the preparation and posting of journal entries and account reconciliations, while ensuring completeness and accuracy.
- Serve as the primary finance point of contact for freight-related inquiries from internal departments and external partners (freight carriers, 3PLs, third-party freight audit vendor).
- Foster strong cross-functional collaboration with the Global Logistics team to understand operational activities impacting freight costs, the Accounts Payable (AP) team to ensure accurate and timely payments, and the Financial Planning & Analysis (FP&A) team for variance analysis.
Financial Analysis & Reporting:
Prepare and analyze monthly, quarterly, and annual reports on freight spend, identifying trends, variances, and KPIs and review dashboards to provide visibility into freight costs for stakeholders in finance, logistics, and procurement.
Provide variance analysis of actual freight costs versus planned costs including explanations.
Collaborate with relevant teams to develop freight cost estimates.
Reconciliation & Controls:
- Perform balance sheet reconciliations for all freight-related accounts.
- Document and perform internal controls, including SOX compliance.
- Participate in User Acceptance Testing (UAT) for system changes impacting freight accounting and identify process improvements.
- Assist with internal and external audit requests.
Knowledge, Skills and Abilities:
Required:
- Analytical, problem-solving, and critical-thinking skills with attention to detail and accuracy.
- Interpersonal skills
- Strong communication skills
- Organizational and time management skills
- Proven ability to work independently and as part of a team in a fast-paced environment.
Equipment Knowledge:
- Proficiency with Microsoft Office applications (specifically advanced Microsoft Excel skills including pivot tables, VLOOKUPs, complex formulas, data modeling)
- G-Suite, SAP, Blackline (preferred)
Experience Requirements:
- Minimum of 5-7 years of progressive accounting experience, with at least 3 years specifically focused on freight, transportation, or logistics accounting in a complex, high-volume environment.
- Strong understanding of U.S. GAAP and internal control frameworks, including Sarbanes-Oxley (SOX) requirements.
- Experience with Transportation Management Systems (TMS) and/or freight audit systems is a plus.
Education Requirements:
- Bachelor’s Degree in Accounting, Finance or related field.
- CPA (Certified Public Accountant) is preferred but not required.
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The anticipated pay scale for this position can be found below, however the pay range applicable to you may vary by geographic location based on where the job is located or where you work. The final pay offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and years of experience within the job, the type of years and experience within the industry, education, etc. iHerb, LLC is a multi-state employer and this pay scale may not reflect positions that work in other states or locations.
Employees (and their families) that meet eligibility criteria as outlined in applicable plan documents are eligible to participate in our medical, dental, vision, and basic life insurance programs and may enroll in our company’s 401(k) plan. Employees will also be eligible for Time Off and Paid Sick Leave pursuant to the company’s policies. Employees will enjoy paid holidays throughout the calendar year. Eligibility requirements for these benefits will be controlled by applicable plan documents.
Hired applicant may be awarded Restrict Stock Units and receive annual bonuses pursuant to eligibility and performance criteria defined in the respective plan documents and policies.
For more information on iHerb benefits, visit us at iHerbBenefits.com.
Anticipated Pay Scale:
$73,556—$140,425 USD
Staffing Agency Submission Notice
iHerb does not accept unsolicited 3rd party (“Agency”) candidates. If you are an Agency, please send any requests to be considered as a supplier in our Vendor Management System to [email protected]. Do not contact iHerb employees directly. If requested to work on a role, any Agency candidates would be presented through the internal recruiting organization.
About iHerbiHerb is on a mission to make health and wellness accessible to all. We offer Earth’s best-curated selection of health and wellness products, at the best possible value, delivered with the most convenient experience.
We’re the world’s largest eCommerce platform dedicated to vitamins, minerals, and supplements, and other health and wellness products. For more than 25 years, we’ve been making it simple for people all over the world to purchase the highest quality products. From supplements to skincare to grocery items, we ship over 50,000 products, from over 1,800 brands direct to our customers in 180+ countries.
Our vision is to become the #1 destination for health and wellness across the world.
With a passion for wellness and a mind for innovative solutions, iHerb team members share a vision for a healthier world that drives them each day. Our 5 Shared Values unite our global team:
Focus on the Customer · Empower Our People · Be Entrepreneurial & Pivot Quickly ·
Embrace Diversity & Inclusion · Strive for Simplicity
iHerb BenefitsAt iHerb, we are dedicated to offering programs designed to help our employees and their families stay healthy, live well, and plan for their financial future. Built on a strong foundation, our programs provide options and upgrades with flexibility, protection, and security in mind. For the comprehensive benefits list, visit www.iHerbBenefits.com. For our international team members, you may be eligible for benefits depending on the country where you are employed. The Talent Acquisition Partner/local HR representative will go over the benefits you are eligible for.
iHerb is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. iHerb provides equal employment opportunities to all applicants for employment and prohibits discrimination and harassment.
