Staff Accountant, Rho
$75-95k
+ Equity
5 days a week in office (Soho, NYC)
Business banking platform
Posted today
Business banking platform
201-500 employees
Posted today
$75-95k
+ Equity
5 days a week in office (Soho, NYC)
201-500 employees
Company mission
To take the friction out of finances, and to prime their customers for success.
Role
Who you are
- Bachelor’s degree in Accounting or Finance; CPA or CPA candidate preferred
- 3+ years of accounting experience, preferably in technology and or a fast-paced start-up environment
- Experience in B2B SAAS or fintech is highly desirable
- Strong understanding of US GAAP financial reporting standards
- Proficiency in accounting software (preferably NetSuite) and advanced Excel/GSheet skills
- Excellent communication skills
- Strong problem-solving skills with attention to detail
- Ability to manage multiple projects in a fast-paced environment
What the job involves
- This position requires a detail-oriented professional who can manage complex accounting tasks while providing insights that drive strategic decision-making. As a Staff Accountant, you will manage critical aspects of the accounting organization. Working closely with the team, you will perform detailed tasks to support the month-end close and financial reporting process. This role is based out of our SoHo office 5 days a week
- Monitor bank account balances and activity to assess daily cash flow requirements
- Manage accounts payable process including seeking approvals, managing payments and posting/syncing to NetSuite
- Post daily cash transactions related to Rho Bank Accounts
- Assist with tax compliance by preparing schedules and liaising with external preparers
- Manage the month-end close process, including preparing journal entries and financial reports
- Prepare supporting schedules and analyses for income statement and balance sheet accounts
- Reconcile account balances, bank statements, and general ledger accounts
- Prepare and review US GAAP financial statements including footnotes and disclosures
- Analyze and explain account fluctuations versus prior period, budget and forecast
- Prepare consolidated financial statements for internal and external use
- Assist with external audits, ensuring accuracy of financial data
- Recommend automation of manual processes and repetitive tasks to enhance efficiency
- Work closely with other departments to support financial goals and provide guidance on accounting-related matters
Our take
Rho was founded to address the growing need among small and medium-sized businesses for a unified solution to manage corporate spending and cash flow. Aiming to serve companies with 30 to 500 employees, Rho designed its platform to create seamless workflows across banking, corporate cards, and accounts payable.
The company introduced Rho AP, an accounts payable product, followed by a corporate card in partnership with Sterling Bank, enhancing its offering for businesses looking for efficiency in managing financial operations. With a clear focus on product strategy and growth, Rho has been expanding its team and integrating AI capabilities into its platform to stay ahead of the evolving fintech landscape.
Freddie
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 4 rounds)
Dec 2021
$75m
SERIES B
Jan 2021
$15m
SERIES A
Total funding: $97.2m
Company benefits
- Medical, dental, and vision
- Commuter benefits
- Flexible work policy
- Wellness perks
Company values
- Speed: We move fast. Really fast. Speed is critical to every move we make. We prioritize impact, focus on tasks that add immediate value, and relentlessly refine our work to achieve more for our clients. Our pursuit of speed helps propel our journey from incremental to transformational change year over year
- Precision: We may not make the most moves, but we make the right ones—every time. We believe in critical thinking, deep research, thoughtful analysis, and careful work that makes a difference. Through precision, Rho delivers meaningful, impactful results for our company, our culture, and our customers
- Diversity: Rho’ers come from many different backgrounds, specialties, and career paths. Our differences amplify not only our individual potential but also our collective ambition. Our diverse voices, perspectives, and skill sets mean we’re always ready to take on any challenge in any industry
- Empathy: We at Rho consider empathy our paramount company value. We have empathy for our clients, our colleagues, and our partners. We strive to understand them, relate to them, and consider them with compassion in every aspect of our daily work. We are here for all and push forward for all
- Creativity: We push ourselves to imagine exciting new possibilities and outcomes that defy the status quo. We don’t dismiss established practices on principle but consider alternatives through a unique lens, breaking down traditional barriers to innovation, collaboration, and performance
Company HQ
SoHo, New York, NY
Articles
Leadership
Everett Cook
(CEO)Studied International Economics at Vanderbilt, before working in Investment Banking at Deutsche Bank. They were a Senior Analyst at Taylor Woods and Atreaus Capital.
Alex Wheldon
(President & CPO)Founded Trebax Innovations and Kanary Limited. Served as CMO of Smarkets and CPO of Lyst.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 7 more jobs at Rho