Corporate Accounting Co-op, Wayfair
January 2025
More information about location
4 days a week in office
A global online homeware marketplace
Open for applications
A global online homeware marketplace
1001+ employees
Open for applications
More information about location
4 days a week in office
1001+ employees
Company mission
To help everyone, anywhere create their feeling of home.
Role
Who you are
- Current Sophomore, Junior, or Senior student pursuing an undergraduate degree in a quantitative discipline (e.g., accounting, finance, economics, business administration) with a 3.0 GPA minimum
- Must be returning to the course of study following the completion of the Co-op
- The ability to commit to working 40 hours/week (9am-5pm, Monday-Friday) from January 6 to June 20, 2025 in our Boston office
- You must be authorized to work in the United States without visa sponsorship by Wayfair now or in the future
Desirable
- Strong Excel skills
- Strong interest in or experience in accounting
- Detail-oriented
- Ability to work independently
- Positive attitude
What the job involves
- The Finance team consists of detail-oriented, highly organized individuals who oversee the company's financial well-being while supporting operational and general business planning
- We solve challenging accounting problems and provide financial analyses to determine key operational decisions within a growing and diversifying organization
- Wayfair’s accounting team is responsible for recording and reconciling financial transactions while ensuring that all reporting complies with internal and external laws and regulations. The accounting team monitors financial activity and assists in the preparation of external financial reports such as form 10-K and 10-Q
- Program Dates: January 6, 2025 - June 20, 2025
- Preparation of journal entries
- Preparation of account reconciliations
- Account fluctuation analysis
- Assist in preparation of SEC 10Q and 10K Filings
- Ad-hoc audit and internal audit requests
- Miscellaneous reporting requests for both Finance stakeholders and business partners
- Collaborate with other teams within Finance
- Possible Team Placements Include:
- Internal Audit & Data Governance: The Internal Audit & Data Governance teams are responsible for ensuring the integrity, accuracy, and security of our data and operations. The key functions include evaluating and enhancing internal controls, managing risk, maintaining data health, monitoring real-time financial data, driving process improvements, and ensuring compliance with regulatory standards
- Close Accounting/SEC Reporting Team: The SEC Reporting and Close Accounting teams are responsible for the preparation and filing of external 10K/10Q documents. This includes performing monthly reconciliations to ensure accurate numbers, and compiling and consolidating financial statements for compliance with accounting standards
Our take
Wayfair emerged in the early era of eCommerce with a mission to revolutionize online shopping, offering customers a convenient platform to purchase goods. Today, it stands as one of the foremost global players in the online furniture delivery industry, boasting an impressive inventory of over 33 million products.
Renowned for its extensive product range and comprehensive service offerings, Wayfair distinguishes itself by providing an end-to-end customer experience, from browsing to doorstep delivery. Despite its prominence, the company faces profitability challenges attributed largely to expansion expenses. Nonetheless, its solid presence in the competitive online homeware sector solidifies its position as a key contender.
With ambitious global expansion plans, Wayfair remains committed to maintaining its leadership in the industry. As it aspires to become the ultimate destination for all home needs, its more recent ventures into physical retail represent significant strides toward this overarching goal.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
-14% employee growth in 12 months
Company
Company values
- Relentless Customer Focus: Delivering an exceptional customer experience drives everything we do. We invest in understanding our customers and partners. We are all in customer service
- Deliver Rsults With Agility: We prioritize work that drives long-term value. We execute with urgency, learn from failure, and nimbly pivot. The outcomes of our efforts are impactful, measurable results
- Use Good Judgement: We are bold and confident, never reckless. We make reasoned, calculated decisions based on data, critical thinking, and pattern recognition
- Build the Best Team: We lead by setting the bar high, articulating clear goals, and diving deep. We hire, develop, and leverage only the best. Our leaders continually reevaluate and strengthen their teams and do not shy away from hard decisions. We expect and demonstrate excellence
- Collaborate Effectively: We invest in cross-functional global partnerships that maximize impact and minimize duplication. We prize collaboration in all interactions – with our teammates, stakeholders, and suppliers. We disagree, align, and commit. Effectiveness and efficiency in collaboration are required.
- Respect Others: We earn and show respect, treating our teammates and partners with empathy and inclusion. We presume good intent while prioritizing impact. We balance confidence and candor with humility and kindness.
- Be an Owner: We are Wayfair first. We act on what’s best for the company, ahead of team or individual goals. We spend every dollar as if it is our own. We take pride in Wayfair’s success while planning the next win. We always think long-term
- Innovate & Improve: We are not limited by precedent. We boldly challenge the norm. We continually identify opportunities to innovate, improve, and simplify. We value incremental improvements, but we also look for game-changing breakthroughs.
- Adapt & Grow: We value adaptability and self-reflection. We find opportunity in every change, experience, and mistake. We are committed to continuous self-improvement.
Company HQ
Prudential / St. Botolph, Boston, MA
Articles
Leadership
Niraj Shah
(Co-Founder & CEO)Studied Engineering at Cornell University before co-founding Spinners, a Boston-based IT services company. Previously acted as Entrepreneur in Residence for Greylock and has served as CEO of Wayfair since co-founding the company in 2002.
Steven Conine
(Co-Founder)Co-founded Spinners before working for Operations at iXL. Conine also co-founded Pillar VC in 2016.
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