Accounting Coordinator, Overtime
Finance
$54-58k
+ Stock options
3+ days a week in office (Brooklyn, NY)
Youth-focused sports network
Be an early applicant
Youth-focused sports network
501-1000 employees
Be an early applicant
$54-58k
+ Stock options
3+ days a week in office (Brooklyn, NY)
501-1000 employees
Company mission
To build disruptive new sports leagues aimed globally at the next generation of sports fans and athletes.
Role
Who you are
- The ideal candidate will have a great attitude, be eager to learn, and possess excellent organizational, communication and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
- Bachelor's degree in accounting, finance, or related field
- 0-3 years related work experience
- Team player with great attitude, eager to learn, self-starter
- Possess excellent organizational, communication and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
- Strong Excel skills
- NetSuite and Ramp experience a plu
What the job involves
- We are seeking an Accounting Coordinator to join our accounting team
- This person will play a key role in coordinating our vendor payment process and preparing monthly close journal entries, account reconciliations and accruals
- Coordinate accounts payable process utilizing our AP automation software; communicate with internal and external stakeholders, manage invoice workflow, review invoices for coding accuracy, process invoices for payment, and coordinate payment timing with the Senior Accounting Manager
- Support the accounts receivable workflow by accurately preparing and distributing client
- Invoices, maintaining regular communication with clients regarding account status, and
- Proactively executing payment collection efforts to resolve outstanding balances
- Prepare and record various journal entries including cash activity, accruals, and other
- Month-end activity
- Assist with month-end close, including posting journal entries, reconciliations of
- Accounts and subledgers to the General Ledger
- Complete various Balance Sheet and Income Statement analysis to be used by
- Management in monthly and quarterly financial statement reviews
- Process monthly credit card statements and allocation of expenses
- Assist with audit requests
- Assist in preparation of annual 1099 filings
- Provide other ad hoc analysis as may be required by management
- Other duties as assigned by management
Our take
Gen Z prefers short-form highlights content to full sports league matches, and tight NBA licensing restrictions mean that independent content platforms can’t trim matches to cater to this younger audience. Overtime saw this problem and turned it into a market opportunity.
It has built a short-form content empire around unlicensed amateur sports leagues, with a focus on basketball. It has a substantial multi-platform presence across social media, featuring reality-TV-style dispatches and shows focused on up-and-coming players with strong viral potential.
The brand now has over 100M followers, most of them Gen Z or younger Millennials, and its videos rack up well over 3B views each month. This brings in substantial ad revenue for Overtime, supplemented with merchandise sales.
The company has also launched its own youth basketball league and pulled in high-profile backers including Jeff Bezos, Drake, and Kevin Durant, which is remarkable progress for the still relatively young company. With a comfortable and unchallenged position in this niche, Overtime looks set to continue building out a leading platform.
Freddie
Company Specialist at Welcome to the Jungle
Insights
41% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Aug 2022
$100m
SERIES D
Apr 2021
$80m
SERIES C
Total funding: $243.3m
Company HQ
Dumbo, NY
Leadership
Dan Porter
(CEO)Worked in Music Business Development at BMG and Virgin USA, and served as CEO at social game company omgpop. Also worked in Senior roles at Zynga and worked at William Morris Endeavor as Head of Digital. Current an Adjunct Professor at NYU.
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