Senior Revenue Accountant, Stitchfix
$81.6-120k
+ Eligible for an annual cash award depending on employee and company performance
Online personal styling
Job no longer available
Online personal styling
1001+ employees
Job no longer available
$81.6-120k
+ Eligible for an annual cash award depending on employee and company performance
1001+ employees
Company mission
To change the way people find clothes they love by combining technology with the personal touch of seasoned style experts.
Role
Who you are
- You have a Bachelor's degree with a major in Accounting or Business Administration with an Accounting emphasis
- You have 3-4+ years of work experience in revenue accounting. A mix of public accounting and in-house accounting experience is highly preferred
- You have prior experience with user acceptance testing (UAT) for system enhancements or reporting
- You have prior experience with ERP / IT system implementations
- You are highly skilled in MS Excel and the ability to quickly manipulate and analyze large data sets and build reports. Having experience with Oracle GL and reporting is a plus
- You are excited about building and refining processes and controls, and possess a good understanding of SOX requirements
- You possess a strong analytical mind and are comfortable juggling multiple tasks while meeting hard deadlines
- You are highly organized and detail-oriented
- You are a team player and have the ability to work independently
- You are self-motivated, deadline driven and result oriented, a problem solver with a can-do attitude with strong teamwork skills and strong desire to drive changes
- You have excellent written and verbal communication skills, including the ability to interact effectively with all levels throughout the Company organization
- You have strong personal integrity with the highest ethical standards
- Above all else, you are Bright, Kind, and Motivated-by-Challenge
What the job involves
- As the Revenue Senior Accountant, you will be responsible for the day to day revenue functions including journal entries and reconciliations, research and analysis, process improvements, and policy documentation
- You will partner with IT, Engineering, and Financial Systems teams to analyze & test the impact of upstream changes on the entire revenue process. You will have the chance to serve as a key contributor to a high growth environment and strengthen your understanding of both operational and technical accounting processes
- Be responsible for accurate and timely month-end, quarter-end, and year-end close procedures for certain key balance sheet and income statement accounts (including preparing journal entries, account reconciliations, and performing flux analyses) in all areas of revenue, specifically in gift cards, deferred revenue, and significant management estimates
- Prepare cash to revenue reconciliation and daily cash reconciliation by various payment processors. Research revenue exceptions and perform analysis on significant management estimates
- Propose and assist with developing user acceptance testing (UAT) scenarios and perform testing for projects impacting our revenue systems
- Support the unclaimed property process for gift card escheatment
- Partner with the Financial Systems, IT, Operations, and Engineering teams to design and implement process and system updates in support of new revenue initiatives
- Prepare and analyze revenue reporting around deferred revenue, annual subscriptions, gift cards, loyalty programs, and promotions
- Collaborate with various organizations within the Company to support the accounting close process
- Enhance the Company’s existing accounting procedures and internal controls (SOX) and seek opportunities to improve accounting operational efficiency and effectiveness
- Prepare audit schedules requested by the auditors to support our quarterly reviews and annual audit
- Assist and prepare internal management reporting documents to support company decision making and analysis
- Support for ad-hoc projects as required
Our take
Shopping online for clothes is not always a fun experience. Finding clothes you like is only half the battle. Sizing guides and return policies seem to have been designed to be challenging to understand, and can also vary wildly from company to company.
Stitchfix sets out to change this by making online clothes shopping personalized and hassle-free. Customers take a survey on their personal tastes, and pay a one-off fee for a stylist, to receive a box of 5 personalized items. Then, they simply pay for any items they keep, or return what they don't want free of charge.
Stitchfix's unique blend of technology and human touch allows the company to deliver its personalized experience at scale. Unfortunately, this once exciting brand has been hit hard by economic trends, cutting back staff and shutting down UK operations entirely. Only time will tell if it can bounce back and find success again in the future.
Steph
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2014
$30m
SERIES C
Oct 2013
$12m
SERIES B
Total funding: $47.6m
Company benefits
- Leadership, managing people program, career journey & other training opportunities
- Company equity for eligible roles
- Medical, dental and vision benefits
- 401(k) plan
- Unlimited vacation for qualified roles
- Competitive parental leave
- Enjoy 40% off of Fixes plus access to quarterly sample sales
- Collaborative workspaces - Open floor plan with standing desks & living room seating throughout
Company HQ
Financial District, San Francisco, CA
Leadership
Katrina Lake
(Founder & Executive Chair)BA in Economics from Stanford. MBA from Harvard Business School. Previously 2 years as an Associate at The Parthenon Group and 2 years as an Associate at Leader Ventures.
Matt Baer
(CEO)Board Member at La-Z-Boy Incorporated. Former Chief Customer and Digital Officer at Macy's, VP at Walmart eCommerce. Founded and was COO at Bezar.
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