Senior GL Accountant

company

About TESO Group

Founded in 2017 and headquartered in New York, TESO Group is a rapidly growing Asian lifestyle retail group in the United States. Its portfolio includes TESO Life, its flagship general merchandise retail brand; TESO X, a collectible toy retail concept; TESO Mini, an Asian convenience store concept; and proprietary brands including MONKIMON and O’HOMNI.

The Group currently operates 35 stores across 14 states, with another 67 locations under construction or in development, and aims to open more than 300 stores by 2030. Its product categories include beauty, snacks, collectible toys, home goods, stationery, and pet products, serving more than 450,000 customers per month.

role

Position Overview

The Senior GL Accountant is a key member of the Finance team responsible for general ledger accounting and monthly close. The role covers multi-entity general ledgers, month-end close, accruals, fixed assets, leases, payroll-related accounting, balance sheet reconciliations, and consolidation / related-party transactions, ensuring compliance with accrual accounting, Company accounting policies, and financial reporting requirements. In addition to routine entries and reconciliations, the role proactively identifies exceptions, analyzes variances, and drives issues to resolution, while providing substantive review, coordination, and technical support for close, audits, system implementations, and accounting process standardization.

Job Responsibilities

- General Ledger and Month-End Close
- Maintain GL accounting for assigned entities and accounts; complete journal entries, accruals, provisions, amortization, reclassifications, and other month-end adjustments in accordance with the close calendar.
- Recognize revenue, costs, and expenses on an accrual basis in the correct accounting periods, supporting the transition from cash / payment-driven accounting to accrual / period-based accounting.
- Follow up on outstanding close tasks and unusual variances, ensure complete supporting documentation and approvals, and promptly escalate material issues that may affect financial statements.

- Balance Sheet Reconciliations and Account Management
- Complete monthly reconciliations for assigned bank, prepaid, accrual, fixed asset, lease, payroll, intercompany / other receivable and payable, and other balance sheet accounts; ensure agreement with underlying records and between ledgers.
- Maintain reconciliation supporting schedules; analyze and clear aged open items, unusual or negative balances, and items spanning accounting periods.
- Help maintain the chart of accounts, account usage guidelines, and standard JE templates to reduce misclassification and inconsistent treatment.

- Fixed Asset, Lease, and Payroll Accounting
- Perform or support fixed asset additions, transfers into service, depreciation, disposals, and construction-in-progress (CIP) clearing; ensure accurate in-service dates and asset classifications.
- Perform or support monthly ASC 842 lease accounting, right-of-use asset / lease liability reconciliations, and rent variance analysis.
- Perform or support payroll / personnel cost accruals and allocations, benefits accounting, and payroll-related liability reconciliations, recognizing labor costs in the periods services are provided.

- Multi-Entity, Related-Party, and Consolidation Support
- Perform or support accounting and monthly reconciliations for intercompany transactions, due-to / due-from balances, expense allocations, and related-party transactions.
- Resolve cross-entity differences and coordinate timely adjustments on both sides, ensuring intercompany balances agree before close and consolidation.
- Assist the Finance Director / Accounting Manager with supporting schedules and analyses for consolidation, eliminations, and financial statement preparation.

- Financial Reporting and Exception Analysis
- Participate in monthly P&L, balance sheet, and related financial statement reviews; analyze significant movements, unusual balances, and unreasonable trends.
- Use GL detail, operational data, and historical trends to identify missing accruals, duplicate / unusual entries, misclassifications, and other potential accounting issues.
- Provide accurate accounting data and explanations to FP&A, Operations, and management; drive correction of source-data or process issues.

- Systems, Processes, and Internal Controls
- Participate in NetSuite ERP implementation, testing, data migration, opening balances, COA, close and GL process design, and go-live readiness.
- Execute key controls for JE approval, reconciliation review, period close, system access, and supporting documentation.
- Identify manual processes, duplicate work, and control weaknesses; recommend standardization, automation, and efficiency improvements, and support implementation with Finance leadership.

- Audit, Collaboration, and Technical Support
- Support external audits, tax reviews, and other special examinations; prepare GL, reconciliation, fixed asset, lease, payroll, and other prepared-by-client (PBC) materials, and respond promptly to inquiries.
- Collaborate with AP, Revenue / Cost, Monki Accounting, FP&A, HR, IT, Operations, and other teams to resolve cross-functional accounting and close issues.
- Guide junior accountants within the role’s expertise and share accounting and close practices; escalate significant accounting judgments, unusual transactions, or control issues without acting beyond delegated authority.

Qualifications

- Education : Bachelor’s degree or higher in accounting, finance, auditing, or a related field. CPA, Chinese CPA, or equivalent professional qualification preferred.

- Professional Experience : At least 5 years of accounting, audit, or finance experience, with comprehensive GL and month-end close experience. Multi-entity, chain retail / consumer industry, or high-growth company experience preferred.

- Knowledge & Skills : Strong knowledge of US GAAP fundamentals, accrual accounting, month-end close, journal entries, balance sheet reconciliations, fixed assets, leases, payroll, and intercompany accounting. Proficiency in Excel; ERP / NetSuite experience preferred.

- Core Competencies : Strong accountability and ownership, attention to detail, logical thinking, and issue identification, analysis, and resolution skills. Able to work independently under strict deadlines, with effective cross-functional communication and teamwork.

Compensation

- $35 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)