Staff Accountant, Bombas
$65-85k
Comfort-focused apparel brand & clothing donation
Posted today
Comfort-focused apparel brand & clothing donation
201-500 employees
Posted today
$65-85k
201-500 employees
Company mission
Bomba's mission since day one has been to help those experiencing homelessness. That’s why for every item purchased, it donates an item of clothing.
Role
Who you are
- Ability to consistently follow-through, multi-task, effectively balance priorities, and adhere to tight deadlines
- Self-starter with impeccable attention to detail
- Comfortable operating in an open office environment while staying focused
- Considerably skilled in effective verbal and written communications, including active listening and critical thinking to investigate findings and propose solutions
- Ability to convey accounting concepts to cross functional partners
- Conversant in AI Tools and data-driven solutions
- Ability to establish and maintain harmonious working relationships with co-workers, client staff, and external contacts
- 1+ years of Accounting experience
- Bachelor's degree in Accounting, or related field required
- Excellent organizational and time management abilities
- Strong analytical, communication, collaboration, and interpersonal skills
- Exceptional knowledge of US Generally Accepted Accounting Principles (GAAP)
- Highly proficient with Microsoft Office including, Excel, Word, and PowerPoint
- Experience with NetSuite a plus; not required
What the job involves
- We are looking for an energetic team player to join our Accounting & Finance Team as a Staff Accountant, reporting directly to the Accounting Manager
- The ideal candidate has at least a year of accounting experience, ideally in public accounting
- This is an opportunity to support the improvement of our general ledger and accounting operations functions, while supporting the company's goals
- The ideal candidate should be detail-oriented and adept at multitasking in a fast-paced environment
- Owning many areas as a member of a small team, the Staff Accountant will support the month-end close process and the completion of account reconciliations, as well as provide assistance in accounting research and ad hoc projects
- Perform and own multiple areas of the monthly, quarterly, and yearly closes (including, but not limited to, accruals, account reconciliations and analytical reviews)
- Perform bank reconciliations and review bank transactions to ensure accurate classification
- Perform departmental variance analysis to identify trends, opportunities, and potential areas of concern
- Post and process journal entries to ensure all business transactions are recorded on a daily, weekly, and monthly basis
- Partner with FP&A to provide insightful financial analysis to support executive decision-making
- Assist in process improvement and explore AI and data-driven solutions to streamline workflows and improve the quality of monthly, quarterly, and annual closes
- Support the preparation of quarterly and annual financial statements and footnotes in accordance with GAAP
- Support completion of external audit procedures on annual/ ad-hoc basis
- Support Accounting needs for international and wholesale expansion
- Contribute to other ad-hoc projects as needed (i.e. system implementations, compiling internal and external financial data, audit requests, performing various analyses, etc.)
- Areas of focus:
- Cash
- Leases
- Accrual models - Royalties, Refunds, etc
- Flux Analyses
- Account Reconciliations
- AP and Sales Cutoff
- Month-End Close
Our take
Bombas is a direct-to-consumer apparel brand with a social mission. For every item sold, it donates another to a homeless shelter or service in NYC and beyond. The founders discovered that socks were the most requested item at homeless shelters, and it became the original inspiration for the business. To date, the company has donated over 50 million items to various charities.
This philanthropic angle gives Bombas the edge in a crowded clothing market, as consumers hunt for mission-driven products, a trend that is already well in motion. Bombas received B Corporation certification for its commitment to helping those in need, the way it treats employees, volunteer work it undertakes, and how it makes decisions as a company.
While Bombas originally became known as a sock brand, it has since expanded into several new categories, and now offers socks, underwear, T-shirts and slippers. The company generates over $100 million in revenue, capitalizing on direct-to-consumer trends that have seen other mission-led apparel brands like Toms and Warby Parker reach unicorn status in recent years.
Bombas is now expanding to new markets and recently launched in the UK. It kicked off its launch by collaborating with St. Mungo’s, a non-profit that helps people without housing.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Mar 2021
$150m
LATE VC
Dec 2015
$3m
SERIES A
Total funding: $153.2m
Company benefits
- 100% Employer-Paid Healthcare
- Annual Bonus
- 401K Matching
- Unlimited Vacation
- Hive Hangouts
- Health & Wellness Reimbursement
- Educational Assistance
- Company Retreats
- Community Events
- Company Equity
- Dog-Friendly Office
- Pre-Tax Commuter Benefits
Company HQ
Midtown Manhattan, New York, NY
Leadership
David Heath
(CEO & Co-Founder)Worked for over 4 years at UrbanDaddy, as Director of Business Development/Membership Opportunities Group. At VIBE for over 2 years, leaving as Automotive Editor. VP and Co-Founder of Regalis Foods. President and Founder of Talking Owls.
Randy Goldberg
(Chief Brand Officer & Co-Founder)Worked at UrbanDaddy for 7 years, progressing to Editorial and Creative Director. Freelance Brand Consultant for 9 years.
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