Head of Group Accounting, SellerX
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Buys and builds Amazon businesses
Job no longer available
Buys and builds Amazon businesses
501-1000 employees
Job no longer available
501-1000 employees
Company mission
To transform everyday moments with next-generation consumer brands that people love and trust.
Role
Who you are
- Experience in audit or consulting or Group Accounting (you feel confident to produce Group Accounting numbers in a growing and dynamic company)
- Significant experience in senior accounting roles, preferably within multinational corporations
- Experience working with common ERP systems (NetSuite, etc.) and consolidation tools (LucaNet is a plus)
- Strong technical knowledge of German GAAP (HGB)
- Structured and sharp communication skills in English (German is not reqired, but a plus)
- First leadership experience is a plus
What the job involves
- At SellerX we are looking for a Head of Accounting (x/f/m) for a one year parental leave contract
- Even this role is only temporarely in the driver seat to head our Group Accounting / consolidation function you will own the consolidation for our +60 entities globally and will have major impact to build and shape innovative and automated processes from day one
- Prepare monthly, quarterly, and annual consolidated financial statements in compliance with HGB
- Produce communication to investors/lenders
- Develop and implement accounting policies and procedures to improve financial reporting efficiency and consistency across the group
- Manage a team of 2 people, fostering a culture of high performance and continuous improvement
- Coordinate and oversee group audits, ensuring that all financial information is presented transparently and in compliance with required standards
Our take
The eCommerce sector has seen rapid growth in recent years, with Amazon continuing to be a dominant force in the market. SellerX was founded to capitalize on this trend by acquiring and building online retailers that trade on Amazon. The company targets high-profile sellers with the goal of creating in-demand consumer brands, ultimately amassing a diverse portfolio.
In late 2021, with the acquisition of KW-Commerce and a $500M investment, SellerX expanded its reach within the consumer goods sector. The company's long-term vision is to revolutionize the industry by developing a powerful brand portfolio, leveraging the growing demand for eCommerce-driven consumer products.
However, this year has been challenging for SellerX. A slowdown in growth and rising debt pressures led to significant financial restructuring, with BlackRock set to become the largest shareholder as part of a deal to reduce the company's debt. Despite these hurdles, the deal offers a fresh start, providing SellerX with improved liquidity and new backing to stabilize its position and continue reshaping the eCommerce space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-22% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2023
$64m
LATE VC
Dec 2021
$250m
LATE VC
Total funding: $482.3m
Company HQ
Mitte, Berlin, BE
Leadership
Olivier Van Calster
(CEO)Joined SellerX in July 2024 as CEO. Prior to that, they were the Chief Commercial Officer at Voi Technology. They also worked at StockX as the VP and General Manager and at Talmix as the COO, CEO, and NED.
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