Accounts Payable Associate, Whatnot
$95-105k
+ Stock options
Live stream platform & marketplace for collectibles
Job no longer available
Live stream platform & marketplace for collectibles
501-1000 employees
Job no longer available
$95-105k
+ Stock options
501-1000 employees
Company mission
Whatnot missions is to enable anyone to turn their passion into a business and bring people together through commerce.
Role
Who you are
- 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
What the job involves
- 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
- 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
Our take
The collectible toy market is large, and Whatnot has built a unique social platform that enables sellers to use livestreams to showcase their products and reach more buyers. The company’s focus is on collectible toys, some of which are rare and can cost thousands of dollars, and has also expanded to sports cards.
The idea of Whatnot was led by buyer trends. Instagram's live feature became a popular place for selling toys and trading cards, but of course was not set up to facilitate bidding or handling payments after a sale occurs. Whatnot combines live showcasing with follow-up sale capabilities, thus serving the community in a more novel way than established collectibles market players such as eBay.
The company has grown fast. It was established in 2019 and has already expanded from its original category - Funko Pop figurines - to Pokemon cards, pins, sports cards, and many more. There is still plenty of scope for expanding into new categories, as the company aims to establish itself as the go-to for this large niche, which will be facilitated by the strong levels of funding that Whatnot has raised.
Steph
Company Specialist at Welcome to the Jungle
Insights
54% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jan 2025
$265m
SERIES E
Jul 2022
$260m
SERIES D
Total funding: $749.2m
Company benefits
- Wellness: Health, dental, vision, and life insurance plans. We also cover some of the cost for your dependents as well.
- Compensation: Full-time Whatnauts receive equity, a WFH stipend to support your remote workspace and a monthly stipend to dogfood the app.
- Recharge: Flexible Time Off policy, holiday week off at the end of year, and paid parental leave after 1 year with us.
- Flexibility: Remote-first work culture. We provide a working environment where you're in charge of your time and schedule.
Company HQ
Marina del Rey, CA
Leadership
Grant LaFontaine
(Co-Founder & CEO)Former Product Marketing Manager at Google, Project Manager at Facebook. Also co-founded Kit.
Logan Head
(Co-Founder)Experience in Engineering, including at Maker's Row, Factr, and Flight Club. Former Senior Product Manager at GOAT.
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