Staff Accountant, Blank Street
$70-80k
+ Equity
5 days a week in office (Williamsburg, Brooklyn)
Coffee chain
Open for applications
Coffee chain
201-500 employees
Open for applications
$70-80k
+ Equity
5 days a week in office (Williamsburg, Brooklyn)
201-500 employees
Company mission
To reimagine local commerce to better serve their customers, neighborhoods, and the planet.
Role
Who you are
- The ideal candidate will have a strong understanding of accounting principles, excellent organizational skills, and a passion for contributing to a growing company
- Magic is in the Details: We value attention to detail in everything we do. We're always thinking about the small things that make a moment meaningful
- Move as One: We value people who strive to be the best team player, not individual stars
- “My Home is your Home” Hospitality: We look for individuals who treat others the same way they'd treat a guest in their home. We care about presentation, hospitality, and having fun even when things are stressful
- 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
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 50 locations across New York City, Boston and London. 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, 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
Company
Funding (last 2 of 3 rounds)
Mar 2023
$20m
EARLY VC
Oct 2021
$25m
SERIES A
Total funding: $52m
Company benefits
- Medical, Dental, and Vision coverage. Blank Street covers the full premium for low and mid-tier employee-only plans
- Paid sick time
- Paid time off + company holidays
- Paid parental leave benefits
- Equity
- Learning and development opportunities. We're growing and we'd like for you to be a part of the journey
- A whole lot of Blank Street swag & coffee
Company HQ
South Williamsburg, NY
Articles
Leadership
Issam Freiha
(Co-founder & CEO)Spent less than a year in Investment Banking at Morgan Stanley before becoming a Partner at Reshape (Fmr. Alrai Capital)
Vinay Menda
(Co-founder)Is currently a Board Member for Eden and Hudson River Park Friends, an Advisor for both Vero Leasing and Archie, an Investor at Sprout, Mealco and MainStreet, and a Managing Partner for Reshape Ventures.
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