Accounting Senior Manager, Poshmark
$129-190k
Office located in Redwood City, CA
Fashion and home decor marketplace
Job no longer available
Fashion and home decor marketplace
1001+ employees
Job no longer available
$129-190k
Office located in Redwood City, CA
1001+ employees
Company mission
To put people at the heart of commerce, empowering everyone to thrive.
Role
Who you are
- BS Degree in Finance/Accounting; CPA a plus
- 10+ years of progressive accounting experience, including a minimum of 3 years public accounting experience
- Working knowledge of global consolidation and financial reporting
- Experience with Netsuite or equivalent
- Strong attention to detail
- Effective leader with excellent oral and written communication
- Multi-tasker, problem solver and succeeds in a fast-paced, growth environment
What the job involves
- Poshmark is seeking an entrepreneurial, energetic, and distinguished Senior Manager, Accounting to join our accounting team. This position reports to the Assistant Controller
- This role oversees global consolidation and financial reporting that includes hands on knowledge of the consolidation process, including intercompany reconciliation and managing the financial reporting process
- Manage global consolidation activities that includes intercompany reconciliation, ensuring consolidation entries are accurate, maintaining different sets of books
- Drive the financial reporting process that includes providing timely and accurate financial reports to our parent company monthly and quarterly
- Own the financial fluctuation analysis process: distributing financial reports, ensuring the completion of the flux review, and reviewing explanations of material changes
- Assist with month-end close process, including review of journal entries and perform account analysis
- Manage regulatory filings such as franchise tax, business licenses, etc. timely and accurately
- Provide process improvement recommendations and drive report automation in Netsuite
- Maintain the General Ledger chart of accounts and segment structure
- Assess technical accounting issues for ad-hoc transactions
- Ensure SOX compliance maintenance, documentation & testing for accounting operations business processes, as relevant
- Participate in year-end financial audit as relevant
- Assist in special projects as needed
Our take
In a fast-fashion industry that accounts for roughly 9% of global greenhouse gas emissions and a third of microplastics in the oceans, more people are turning to secondhand clothing in an attempt to save money and practice better sustainability. The secondhand clothing market is projected to triple in value to $80 billion within the next 10 years.
Poshmark is a social marketplace for pre-owned clothing for women, men, children, and pets, allowing users to communicate, buy, and sell clothing. Marketed as a shopping destination for millennials, Poshmarkâs has amassed over 200+ million items for sale.
The company has around 80 million users across North America and Australia. Poshmark is up against two behemoths in the secondhand fashion retail industry, eBay and Amazon, while Etsy and Tradesy are also well-known competition. The company went public in January 2021 with a valuation of $3 billion.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Nov 2017
$87.5m
SERIES D
Apr 2016
$25m
SERIES D
Total funding: $153m
Company benefits
- A comprehensive health care and benefit plan
- Health & wellness
- Remote work support
- Flexible vacation and paid time off
- Parental and family leave
- 401K plan
- Fun company parties and offsite events
- Personal style encouraged (or not, whatever you're into.)
- Learning and development for career growth
Company HQ
Redwood Shores, Redwood City, CA
Leadership
Manish Chandra
(CEO)Manish worked as a Software Engineer for Intel and Sybase for a combined 6 years, before working as VP of Marketing at Versant and Versata. He founded Kaboodle in 2005, before starting Poshmark with Tracy and Gautam in February 2011.
Tracy Sun
(SVP of Seller Experience)After undertaking Clinical Research at Columbia University, Tracy woorked for Canon as Business Strategy Manager for 2 years, before working at Brooklyn Industries in Merchandising. She left her role at Est. Today to co-found Poshmark.
Gautam Golwala
(CTO)Gautam studied at the University of Pennsylvania before working in Software Engineering and Architecture for over 7 years. Having spent 6 years as VP of Engineering at Kaboodle, he co-founded Poshmark in 2011.
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