Senior Accountant, Blank Street
$90-100k
+ Equity
Office located in Brooklyn, NY
Coffee chain
Job no longer available
Coffee chain
501-1000 employees
Job no longer available
$90-100k
+ 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
- The ideal candidate will have a strong understanding of accounting and tax 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
- 3+ years of accounting experience, preferably in a mix of public accounting and retail or hospitality environment
- CPA certification preferred
- Strong understanding of accounting principles and financial reporting
- Experience with NetSuite or similar ERP system
- 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)
- Ability to identify and solve problems and clearly communicate solutions
- Ability to work independently own deliverable timelines and communicate workstream issues
- Approaches work with a team mindset and understands the importance of cross-functional communication
What the job involves
- Blank Street is in search of a Senior Accountant to join the US Accounting function
- As Senior 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 supporting monthly close process, managing accounts payable and receivable, helping implement, document, and ensure compliance with strong internal controls and accounting principles
- This role is an in-person position at our office in Williamsburg, Brooklyn. The Senior Accountant will report into the Global Accounting Manager
- Prepare and ensure timely, accurate and complete GAAP compliant monthly, quarterly and annual financial statements
- Perform period-end closing of the general ledger including preparation and posting of journal entries, accruals and reconciliation of balance sheet accounts and supporting schedules
- Perform ad-hoc research and analysis of information from various systems
- Research, calculate, and document areas of significant judgments and estimates including emerging or complex accounting treatments
- Provide day-to-day operational support (i.e. reviewing invoices and vendor issues), oversee timely and accurate vendor and expense payment processing in compliance with contractual terms, organizational policies & procedures
- Drive the development and maintenance of appropriate documentation for key accounting policies and procedures, including internal controls
- Liaise with the internal and external partners to support timely preparation of monthly and quarterly tax returns including: sales, use, property, income, payroll etc. in multiple jurisdictions
- Proactively evaluate and implement improvements to processes and procedures where appropriate
- Support annual audit and quarterly review processes with external auditors
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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