Accounts Payable Associate

Posted:
7/24/2024, 8:32:28 AM

Location(s):
California, United States ⋅ Phoenix, Arizona, United States ⋅ San Francisco, California, United States ⋅ Los Angeles, California, United States ⋅ New York, New York, United States ⋅ New York, United States ⋅ Arizona, United States

Experience Level(s):
Junior

Field(s):
Accounting

Workplace Type:
Remote

🚀 Whatnot

Whatnot is a livestream shopping platform and marketplace backed by Andreessen Horowitz, Y Combinator, and CapitalG. We’re building the future of ecommerce, bringing together community, shopping and entertainment. We are committed to our values, and as a remote-first team, we operate out of hubs within the US, Canada, UK, Ireland, and Germany today.

We’re innovating in the fast-paced world of live auctions in categories including sports, fashion, video games, and streetwear. The platform couples rigorous seller vetting with a focus on community to create a welcoming space for buyers and sellers to share their passions with others.

And, we’re growing. Whatnot has been the fastest growing marketplace in the US over the past two years and we’re hiring forward-thinking problem solvers across all functional areas.

🤑 About the Finance Team

The Finance team covers everything and anything money at Whatnot. We are broken down into Strategic Finance and Accounting. As a founding member of our accounting team, you will help define our daily practices and policies.

💻 Role

  • Accounts Payable: Process incoming bills, initiate payments, and communicate with vendors and internal stakeholders
  • Operational Accounting: Categorize bank and credit card transactions, manage bank account balances, review expense reports, manage purchase requests and virtual cards, etc.
  • Year-end 1099 Reporting: Own the 1099 reporting process by compiling payment information, communicating with vendors, and filing with the IRS.
  • Month-End Close: Assist the monthly financial close by recording journal entries, maintaining accurate supporting documentation, and preparing account reconciliations
  • Reporting: Analyze period-over-period fluctuations and provide informative commentary of key business drivers; respond timely to inquiries through research and analysis
  • Audits: Support external audit requirements related to specific areas of responsibility
  • One-off Projects: Tackle one-off and ad-hoc projects as necessary

👋 You

  • BA/BS in Accounting
  • 2+ years professional accounting experience, preferably with experience in tech, or a high-growth startup
  • Understanding of month-end close processes and US GAAP
  • Advanced Excel and data manipulation skills
  • Proven ability to succeed in a fast-paced and constantly changing environment while running tight deadlines
  • Ability to work quickly and flexible enough to work in an ambiguous environment with limited guidance

are committed to our values, and as a remote-first team, we operate out of hubs within the US, Canada, UK, Ireland, and Germany today.

We’re innovating in the fast-paced world of live auctions in categories including sports, fashion, video games, and streetwear. The platform couples rigorous seller vetting with a focus on community to create a welcoming space for buyers and sellers to share their passions with others.

And, we’re growing. Whatnot has been the fastest growing marketplace in the US over the past two years and we’re hiring forward-thinking problem solvers across all functional areas.

💰Compensation

For Full-Time (Salary) US-based applicants: $95,000/year to $105,000/year + benefits + equity

The salary range may be inclusive of several levels that would be applicable to the position. Final salary will be based on a number of factors including, level, relevant prior experience, skills and expertise. This range is only inclusive of base salary, not benefits (more details below) or equity.

🎁 Benefits

  • Competitive base salary and stock options
  • Unlimited Vacation Policy and No Meeting Holidays
  • Health Insurance options including Medical, Dental, Vision, Life, Short term disability & Long term Disability
    • Whatnot covers 99% of employee premium costs, and 75% of dependent care premiums for Medical
    • Dental and Vision sponsored 100% by Whatnot for employees and dependents
  • Work From Home Support
    • Laptop provided by Whatnot and home office setup allowance
    • $450 work-from-anywhere quarterly allowance for cell phone, internet, or co-working space
  • Up to $500 monthly to spend within Whatnot App
  • Care benefits
    • $1,350 quarterly allowance on food
    • $1,500 quarterly allowance for wellness
    • Paid Parental Leave
    • $20,000 for family planning, such as adoption or fertility expenses
    • During the COVID-19 Pandemic, Whatnot provides a $20,000 annual allowance towards Nannies, Daycare, and Caregiving support

💛 EOE

Whatnot is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.