Senior Accountant

OpenStore

OpenStore

Accounting & Finance
Miami, FL, USA
Posted on Tuesday, June 4, 2024

Our mission is to inspire entrepreneurs and shoppers to find something new. We buy great brands built on Shopify, unlocking liquidity for small business entrepreneurs looking to start new adventures. We manage nearly 50 brands with over 100,000 products across apparel, beauty, home goods, and electronics.

Our team of e-commerce experts and engineers uses our proprietary technology and tooling, and advantages from our size, to grow our brands at scale.

Two million people have purchased OpenStore products, and soon, we’ll launch a consumer shopping app, helping people discover products in an all-new way. OpenStore was started in 2021 by top investor and operator, Keith Rabois, a former executive at PayPal, LinkedIn, and Square, and a co-founder of Opendoor. We are backed with $150M+ from world-class investors such as Atomic, Khosla Ventures, Founders Fund, General Catalyst, and Lux Capital.

ABOUT THE OPPORTUNITY:
OpenStore is looking for a highly motivated and energetic Senior Accountant to join our established Accounting and Finance team. The candidate is responsible for maintaining timely, accurate financial records, performing other day-to-day activities and inventory/supply chain projects on the accounting team. The position will assume ownership of a wide range of account reconciliations, financial closing activities, and other projects to support our financial close process. The candidate for the Senior Accountant position must have an advanced understanding of financial statements (balance sheet, income statement, and cash flow) and how they relate to one another. Candidates must also have working knowledge of US GAAP and internal controls.

WHAT YOU'LL DO:

  • Own the preparation of month-end close processes in relation to inventory management ensuring accurate and timely reporting.

  • Work cross functionally with various departments to manage expenses and improve processes.

  • Serve as a key player during the monthly close process to ensure accurate and transparent representation of financial results.

  • Analyze monthly/quarterly/annual financial results and prepare variance analyses.

  • Support ad-hoc accounting projects including the creation of new processes and implementation of new systems as the organization continues to evolve and grow.

  • Responsible for monthly financial closing activities, procedures, journal entries and account reconciliations.

  • Assist with the design and test work leading up to the implementation and enhancements of our new ERP system (NetSuite) and automation of new brand integrations, close, and accelerated reporting.

  • Provide support to external auditors on the annual financial audit, including preparing schedules and responding to audit inquiries.

  • Help implement internal controls through policies and procedures.

  • Create best practice procedures for accounting activities and recommend process improvements where they already exist.

WHO YOU ARE:

  • You are curious. You want to understand the application of your work and learn how to build a high growth company.

  • You communicate and collaborate effectively. You know how to deliver the right message to the relevant audience at the appropriate level of detail. You co-create solutions that are better than the sum of individuals’ ideas. You embrace intellectual friction as a feature of improvement, not a relationship bug.

  • You take ownership. You are comfortable driving projects end-to-end that execute and eliminate blockers, helping you and the company move fast with confidence. You know when to raise your hand and ask for help.

  • You are collaborative, organized, and thoughtful. You actively solicit teammate’s feedback and can get things done through informal influence. You demonstrate judicious decision-making and embrace intellectual friction as a feature of improvement, not a relationship bug

WHAT YOU HAVE:

  • 3+ years of relevant accounting experience; a mix of public and industry experience is a plus.

  • Bachelor of Accounting or similar, CPA Preferred.

  • Experience with Inventory Management and/or Supply Chain Management industry preferred.

  • Organized and able to efficiently prioritize, multi-task, and adapt in a fast-paced, often ambiguous environment; ability to meet deadlines.

  • Strong technical accounting knowledge with an understanding of US GAAP and ability to document accounting conclusions.

  • Ability to work under pressure and perform several tasks concurrently in a deadline driven environment.

  • Excellent critical thinking and problem-solving skills, and superior attention to detail.

  • Excellent verbal and written communication skills with the ability to interact at all levels of the organization.

  • Exceptional analytical skills, including Excel.

  • A proactive, self-directed approach with the ability to multi-task, think creatively, and learn quickly in a fast-paced environment.

  • Able to work independently as well as collaboratively with a team.

  • Familiarity with monthly close procedures including generating journal entries and preparing balance sheet reconciliations and variance analyses.

  • Prior experience with NetSuite, Bill.com, and/or Ramp is a plus.

OpenStore is a proud Equal Opportunity Employer where we welcome and celebrate differences. We are committed to providing a workspace that is safe and inclusive, where everyone feels supported, connected, and inspired to do their best work. If you require any accommodations to participate in our recruitment process, please inform us of your needs when we contact you to schedule an interview.