Staff Accountant, Blank Street
$70-80k
Plus equity
Office located in Brooklyn, NY
Coffee chain
Open for applications
Coffee chain
501-1000 employees
Open for applications
$70-80k
Plus equity
Office located in Brooklyn, NY
501-1000 employees
Company mission
To become the defining food and beverage brands of our generation.
Role
Who you are
- Bachelor’s degree in Accounting, Finance, or a related field
- 2-3 years of accounting experience, preferably in a retail or hospitality environment or public accounting
- CPA certification or progress towards certification preferred
- Strong understanding of accounting principles and financial reporting
- Strong understanding of tax regulations and ability to work with external preparers
- Experience with NetSuite or similar ERP system preferred
- Experience with Coupa or similar billing and invoicing accounting software
- Proficiency in Microsoft suite of products, particularly Excel (VLOOKUPS and Pivot Tables at a minimum)
- Strong ability to use logic and questioning to problem-solve and seek to understand information and data before acting
- Willingness to gain knowledge of other teams to help facilitate cross functional work
- Ability to handle delivery of multiple active tasks and responsibilities and can organize and prioritize work based on team needs
- The ideal candidate will have a strong understanding of accounting principles, excellent organizational skills, and a passion for contributing to a growing company
What the job involves
- We are looking for a Staff Accountant to join Blank Street’s US Accounting function. As Staff Accountant, you will play a crucial role in maintaining the financial health of Blank Street and supporting our Field and HQ teams.
- You will be responsible for a range of accounting functions including preparing monthly journal entries, supporting accounts payable and receivable, and ensuring compliance with internal controls and accounting principles
- This role is an in-person position at our office in Williamsburg, Brooklyn. The Staff Accountant will report into the Global Accounting Manager
- Support the month-end close process, prepare journal entries, utilize accounting software to draft and finalize financial statements
- Support day-to-day accounting operations including processing invoices, tracking payments, and reconciling accounts. Ensure timely and accurate payments to vendors and proper recording of receivables
- Maintain and reconcile general ledger accounts, including bank and credit card reconciliations. Post journal entries and adjustments as needed
- Assist with payroll processing, including verifying timesheets and ensuring accuracy of payroll deductions and benefits
- Support in the preparation of all tax filings; including, but not limited to income tax forms, sales tax, 1099s, and payroll taxes
- Support internal and external audits by providing necessary documentation and ensuring compliance with accounting policies and procedures
- Work with leadership to prepare ad hoc reports and analyses as needed
Our take
More people deserve great coffee and Blank Street strives to make this possible. Blank Street’s formula involves technology enabled, micro-footprint brick-and-mortar spaces which operate at a cheap price meaning they can produce excellent coffee, also, at a reasonable price.
What started as one electric-powered coffee cart in 2020 has expanded to over 90 locations across the US and the UK. Blank Street wants to serve coffee cheaper than Starbucks but tastier than Dunkin’ Donuts – its main competitors – and has done so with automation, specifically Eversys espresso makers that can produce 700 drinks an hour.
The chain has received mighty financing too, including from real estate tycoon Tishman Speyer as well as from General Catalyst Partners and Tiger Global Management. This brand is certainly making its mark as its growth has remained at an impressive rate, especially following its entrance into the thriving coffee shop market in the UK.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Mar 2023
$20m
EARLY VC
Oct 2021
$25m
SERIES A
Total funding: $52m
Company HQ
South Williamsburg, NY
Leadership
Issam Freiha
(Co-Founder & CEO)Issam co-founded Blank Street in 2020 alongside Vinay. Previously, he was a Partner at Reshape Ventures and Graduated from Columbia University with a BA in Economics & Statistics.
Vinay Menda
(Co-Founder & President)Vinay graduated from NYU Stern School of Business with a Bachelor's Degree in Finance in 2015. And he is currently a Managing Partner at Reshape Ventures.
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