Staff Accountant, Leap
$65-75k
+ Bonus + Equity
Launches and operates omnichannel-enabled retail stores
Be an early applicant
Launches and operates omnichannel-enabled retail stores
201-500 employees
Be an early applicant
$65-75k
+ Bonus + Equity
201-500 employees
Company mission
To bring the world’s best and brightest brands to shoppers.
Role
Who you are
- The ideal candidate will have strong analytical and organizational skills that help support the accurate and timely submission of financial accounting data to the leadership
- Netsuite experience
Desirable
- 2+ years operational accounting experience
- Retail industry experience preferred
- Understanding of GAAP accounting, financial analysis standards and best practices
- Enjoy working in a collaborative work setting
- Communicates clearly in both verbal and written settings
- Highly organized and detail oriented, able to manage and keep records and processes up to date
- High level of comfort working in a fast-moving workplace culture
- Entrepreneurial mindset and self-starting working style
What the job involves
- As one of the foundational roles within our Accounting and Finance team, you'll play a key role in the maintaining our accounting and finance capabilities including a focus on the Accounts Receivable and Accounts Payable processes
- Accounts Payable and Receivable:
- Manage the accounts payable email box daily, manage the posting and payment of all approved invoices each week
- Manage the accounts receivable collection process, including following up with brand partners for payment status
- Perform weekly cash reconciliation, matching payments to related bills & cash receipts to open invoices
- Assist in the monthly invoicing of brand billing statements by retrieving reports from various data sources and departments like store development, marketing, and retail operations
- Appropriately code invoices and expenses to the proper GL accounts and store codes
- Responsible for following up with internal stakeholders and ensuring vendor W9s are collected and stored
- Processing 1099s annually, as needed
- Track certain spend types to budget as requested by management
- Corporate & Administrative Systems and Workflows:
- Assist in month-end close process - prepare workpapers, journal entries, and draft financial statements for review by the Accounting Manager
- Draft brand billing statements and invoices
- Conduct bi-weekly expense reimbursement processing
- Reconcile key balance sheet accounts
- Support ad hoc management analysis requests
- Work with the Controller, Accounting Team, and other business stakeholders to brainstorm, analyze, and implement process improvements and automation
- Outcomes & Measures of Success:
- Consistent, timely execution and delivery of accounting workflows and related business financial performance reports with thoughtful analysis and insights
- Contributions to the development and implementation of Accounting & Finance workflows, systems/tools and team development
- Contribution to the development of a team-oriented, high performance culture within the firm
- Successful collaboration with operational peers and team members across the organization
Our take
While the realm of online shopping has flourished, eCommerce brands have recognized the enduring value of engaging with shoppers in a physical setting. Addressing this demand head-on, Leap has taken the initiative to craft immersive retail experiences tailored for online brands.
Leap's contribution lies in its ability to swiftly establish brick-and-mortar retail stores for eCommerce brands, all while significantly curbing costs and minimizing associated risks. Collaborating closely with landlords, developers, and property brokers, Leap pinpoints optimal locations within top retail corridors and bustling shopping centers. Beyond this, Leap's integrated platform takes charge of essential elements like staffing and invaluable data insights.
A testament to its success, Leap experienced an astounding fourfold surge in sales during 2021, successfully inaugurating 50 stores across a diverse array of eight markets. This achievement stands as a precursor to the infusion of recent capital, poised to fuel Leap's ongoing expansion efforts.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jun 2023
$15m
LATE VC
Jan 2022
$50m
SERIES B
Total funding: $89.5m
Company benefits
- Medical & Dental: Employees who work 30+ hours per week are eligible for medical, dental and vision benefits which include employer contributions. We offer individual, individual + spouse, individual + children and family programs
- Parental Leave: We offer expecting parents 12 weeks of paid time off to bond with their new family members and adjust to their new life
- Wellness Programs: All Leap employees are eligible for assistance in the areas of legal, financial, counselling and other programs at no cost through our Leap wellness program
- Unlimited PTO: We believe taking the time to refuel is important and offer unlimited PTO to corporate employees
- 401k: All Leap employees are eligible to participate in the company's 401 upon 60 days of employment. Our provider gives you access to a simplified investment selection platform that makes it easy to sign up and manage overtime
- Discount on Leading Brands: All employees recieve a 25-50% discount on purchases made from our leading brands
- Employee Referal Incentives: If an employee refers a qualified candidate, we'll reward them with cash if the candidate works for us
- Mass Transit Commute Assistance: Staff are able to make daily commute to work more convenient and affordable by paying for mass transit and parking expenses pre-tax
- Paid Sabbatical: Upon 10 years of service, full time employees receive four weeks of full paid time off
Company values
- Leadership: We believe in empowering those around us. It's about leading by example - always acting with empathy, humility, and a high degree of accountability
- Focus: Greatness is doing the little things well. We strive for success by focusing on the details that matter. There are no shortcuts to our approach, and we strive for success by prioritizing the work that will have the greatest impact on our brands and organization
- Innovation: We leverage technology, design, and expertise wherever we can to better engage customers. We make smart decisions and efficiently manage costs to create meaningful brand experience - without overlooking the fundamentals
- Integrity: We believe in creating high quality but unpretentious experiences which make our customers, brands, and staff, feel good, welcome and uncluded
Company HQ
West Village, New York, NY
Leadership
Amish Tolia
(Co-Founder & CEO)Amish worked their way from investment banking to co-founding multiple companies, including Pear, Viking Investment Management and Brand Innovators Labs.
Jared Golden
(Co-Founder)An entrepreneur with experience building, advising and investing in companies in numerous spaces, Jared has co-founded multiple companies alongside Amish since 2009.
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