Senior Accountant, Zum
$114-132k
Office located in Redwood City, CA
Student transportation services
Be an early applicant
Student transportation services
201-500 employees
Be an early applicant
$114-132k
Office located in Redwood City, CA
201-500 employees
Company mission
To bring student transporation into a new era enabling greater safety, sustainability, equity, and transparency.
Role
Who you are
- This role requires experience with lease accounting and consolidated financial statements
- Joint venture accounting and fixed asset experience are a strong plus
- 4+ years of progressive accounting experience, preferably in a multi-entity environment
- Proficiency in lease accounting (ASC 842) and GAAP
- Experience in LeaseQuery is preferred
- Experience preparing or supporting consolidated financials
- Strong understanding of intercompany accounting and eliminations
- Sarbanes-Oxley(SOX) internal controls experience
- Prior exposure to JV structures or fixed asset accounting is a plus
- Advanced Excel skills and experience working with large data sets
- Experience with NetSuite or other large ERP systems preferred
- CPA license or progress toward CPA is strongly preferred
- Strong communication skills, attention to detail, and ability to work both independently and collaboratively
What the job involves
- Reporting to the Director of Accounting and play a key role in financial reporting, month-end close, and process improvements
- You will be instrumental in maintaining accurate financials and supporting cross-functional collaboration across departments
- Prepare and review journal entries, balance sheet reconciliations, and monthly close schedules
- Apply ASC 842 lease accounting standards to ensure proper classification and accurate reporting
- Manage and reconcile prepaid expenses, ensuring timely amortization and proper cutoff
- Prepare and book month-end accruals based on supporting documentation and departmental input
- Assist with consolidated financial statements, including intercompany eliminations and reporting across multiple subsidiaries
- Maintain and track fixed assets, including capitalization, depreciation, and disposals (preferred)
- Collaborate with FP&A, Legal, and cross-functional teams on reporting, new initiatives, and ad hoc projects
- Support external audits by preparing schedules and responding to auditor inquiries
- Drive process improvements to optimize the accuracy and efficiency of financial operations
Our take
The largest mass transit system in the US is student transportation, and it’s more than double the size of all others combined. It’s rife with inefficiencies, however: circuitous routes mean many students are spending more time travelling and less time sleeping, exercising, or participating in enrichment activities, affecting student outcomes and inequalities.
Zum is looking to overhaul school transport with the help of cloud computing and AI. It has a central hub from which it manages route planning and vehicle assignments across 4,000 areas and school districts in California, meaning fleet deployment, maintenance, and operational efficiency can be optimized. It also offers cameras and tracking in vehicles, and is committed to having a fully electric, 10,000-strong bus fleet by 2025.
It's an ambitious plan, but it’s clear that the US school busing system is in dire need of an overhaul. We’re seeing startups like Via offer a similar service to NY schools, gathering similarly strong momentum. With Zum fast approaching Unicorn status, and its California roll-out continuing without a hitch, it appears, for now, to be leading the modern student transportation startup pack.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
18% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jun 2024
$32m
GRANT
Jan 2024
$140m
SERIES E
Total funding: $368.8m
Company benefits
- Medical, dental and vision benefits, including paid membership to One Medical
- Unlimited vacation policy
- Free daily catered lunches + fully stocked kitchen at HQ
- Ability to have a huge impact at an early-stage, mission-driven startup
- Fun office culture and a team you would be proud to work with
Company HQ
Redwood Shores, Redwood City, CA
Leadership
Ritu Narayan
(Co-Founder & CEO)Worked as a Lead Product Manager at Yahoo!, eBay, then took up a Sloan Fellowship at the Stanford Graduate School of Business.
Vivek Garg
(Co-Founder & COO)Spent over a decade as a Major in the Indian Army, then went on to found and lead BAPAR, before taking up a Researcher role at Stanford University's SEED Institute.
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