Inventory Accounting Manager, Gopuff
Offers equity and annual performance appraisal and bonus
More information about location
3 days a week in office
Food, alcohol, and daily essentials delivery service
Be an early applicant
Food, alcohol, and daily essentials delivery service
1001+ employees
Be an early applicant
Offers equity and annual performance appraisal and bonus
More information about location
3 days a week in office
1001+ employees
Company mission
To deliver food, drink, supplies, and essentials to customers' doorsteps, safely and quickly.
Role
Who you are
- Bachelor's degree in Accounting or Finance
- CPA or CMA preferredA minimum of 5 years’ experience in accounting for multi-site inventory operations
- Strong understanding of US GAAP and ASC 705
- Working knowledge of the Oracle Fusion Cloud Inventory module
- Advanced Excel capabilities and an aptitude for data manipulation, investigation and analysis
- Experience with system integrations and development of automated processes
- Excellent people management skills with a passion for developing team members
- Strong interpersonal and communication skills
- Excellent project management and leadership skills
- Ability to perform multiple tasks simultaneously, work effectively in a remote team environment and meet deadlines
What the job involves
- We’re looking for an Inventory Accounting Manager to join our Accounting and Finance team
- In this role, you will lead, grow and develop our inventory accounting activities with the support of a Senior Inventory Accountant
- This role partners with operational, technical and strategic teams across the organization and reports to the Global Controller
- We recognize that people come from diverse backgrounds and skills and welcome all to apply
- Review month-end accounting activities, including variance analysis and account reconciliations to provide accurate inventory valuation and reporting
- Perform monthly purchase price variance and inventory adjustment analysis
- Analyze monthly and/or quarterly inventory obsolescence and calculates the provision for reserves
- Work with accounting, supply chain and IT personnel to develop reconciliation processes and understand significant changes in our inventory balances
- Prepare monthly actuals vs budget and gross margin analysis while partnering with FP&A to bridge variances
- Perform ad hoc analysis related to inventory and COGS (cost of goods sold)
- Establish, implement and document policies and procedures related to inventory accounting, including reserves, intercompany transfers and reconciliations
- Design, test and implement automated process solutions (ideally leveraging the Oracle Fusion Cloud Inventory module) with a focus on simplification, standardization and optimization, especially the reduction of manual, Excel-based activities
- Serve as a key point of contact for external auditors and consultants for inventory process flows and testing; prepare schedules and analysis for external audit
- Assist with other ad-hoc accounting and finance needs or projects
Our take
Gopuff was an early player in the last-mile delivery space, offering consumers access to a wide range of consumer goods (including food and alcohol) with delivery in ~30 minutes through its network of micro fulfillment centers, from which a fleet of drivers pick up and drop off orders.
Gopuff currently operates in over 1,000 cities and is adding more. The company has made several strategic acquisitions to charge its growth – including UKs Fancy and Dija, and US BevMo!. However, the company faces increased competition on all sides, from Getir (who recently acquired Gorillas), Glovo, and Zapp, as well as high operating costs.
The company has added a range of new capabilities to its platform, launching features to eliminate former pain points by including advance order scheduling, gifting, and in-store pickup. After abandoning plans to IPO in mid-2022, it is focusing back on profitability, though the company has faced some scrutiny over its methods and has had to search further afield for funding at a time when venture capital is scarce. Regardless, Gopuff is well set to remain a major player in the market.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 10 rounds)
Dec 2021
$1.5bn
CONVERTIBLE
Jul 2021
$1bn
SERIES H
Total funding: $5.0bn
Company benefits
- Gopuff employee discount
- Career growth opportunities
- Internal rewards programs
- Annual performance appraisal and bonus
- Equity program
Company values
- We put customers first
- We change the game
- We own it
- We win together
Company HQ
Northern Liberties, Philadelphia, PA
Articles
Leadership
Yakir Gola
(Co-CEO)Founded GoPuff whilst studying at Drexel University.
Rafael Ilishayev
(Co-CEO)Rafael studied at Drexel University with Yakir, where they co-founded Gopuff together in October 2013, and have been co-CEOs since.
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