Senior Accountant, Etsy
Revenue
$105-137k
+ Equity + Annual performance bonus
More information about location
1-2 days a week in office (Brooklyn, NY)
eCommerce platform for handcrafted goods
Be an early applicant
eCommerce platform for handcrafted goods
1001+ employees
Be an early applicant
$105-137k
+ Equity + Annual performance bonus
More information about location
1-2 days a week in office (Brooklyn, NY)
1001+ employees
Company mission
To keep human connection at the heart of commerce.
Role
Who you are
- The ideal candidate will have technical accounting experience with a SaaS revenue model, whether from industry, public accounting, or a combination of both
- Minimum of three years of accounting or audit experience
- Bachelor’s degree in accounting or related field
- Proficient knowledge of Microsoft Excel or Google Sheets is required
- Collaborative spirit and drive for making process improvements
- Ability to work independently, proactively identify challenges, and actively work to find solutions
- Strong organizational and time-management skills, with excellent attention to detail
- Hands-on approach and desire to work in a dynamic environment
- Experience working in public accounting or at a publicly traded company preferred
- Workday Accounting System and Looker (BI Tool) knowledge is a plus
- CPA Preferred, but not required
What the job involves
- Etsy is looking for a Senior Revenue Accountant who will contribute in the order-to-cash process from end-to-end and help shape the future of the company's revenue accounting function
- This role will collaborate closely with many key business partner teams, including Money Movement, Payments, Strategic Finance, and external auditors to ensure an efficient and compliant revenue recognition process
- This is a full-time position reporting to the Director, Revenue Accounting
- Account for payment processing fees and other cost of revenue as part of the month-end close process
- Account for banking activity related to funds received from payment service providers
- Perform balance sheet reconciliations; with an emphasis on cash and payment processor receivables
- Collaborate with financial systems team to optimize cash reconciliation processes and ensure accurate reporting
- Work closely with internal partner teams, including Tax, Treasury, Payments, and Financial Systems Solutions to resolve day-to-day queries and support ongoing projects
- Collaborate with external partners, such as payment service providers, to resolve payments related discrepancies and ensure smooth transaction flows
- Assist with audit inquiries, particularly related to cost of revenue, cash, and payment processor receivables
- Partner with Strategic Finance to analyze actual cost of revenue against budget, investigate variances, and identify trends
- Of course, this is just a sample of the kinds of work this role will require! You should assume that your role will encompass other tasks, too, and that your job duties and responsibilities may change from time to time at Etsy's discretion, or otherwise applicable with local law
Our take
Created as an alternative to more corporate eCommerce sites, Etsy is a peer-to-peer (P2P) website where users buy and sell handmade crafts, vintage items, art, and photography. The online marketplace works similarly to Amazon and eBay, only with an emphasis on unique items rather than mass-produced merchandise.
Since its IPO in 2015, it has managed to hold its own in an increasingly competitive eCommerce industry, including from Amazon's handmade section that launched in 2015. Further, by providing sellers with ownership over pricing and branding, the site is attractive for those wanting to set up a business on an established platform.
However, the seller-side of Etsy is not without problems. The recent hike in transaction fees and the introduction of mandatory marketing fees for artists with high turnovers has created significant discontent amongst sellers. Etsy must reconcile these issues to ensure artists continue to operate on the same scale within the platform. It plans to attract shoppers with its message of extraordinary, handmade and affordable products.
Freddie
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2012
$40m
LATE VC
Aug 2010
$20m
SERIES E
Total funding: $91.7m
Company benefits
- Equity (offers vary by country)
- Performance bonuses
- Paid gender neutral parental leave
- Adoption and family planning
- Back-up care
- Volunteer time off
- Donation matching
- Employee resource groups
- Global virtual events
- Employer paid health benefits
- Fitness benefits
- Wellness programming
- Mental health benefits
- 401K matching/Pension contributions
Company HQ
Downtown Brooklyn, NY
Leadership
Josh Silverman
(CEO)Previously senior executive at eBay, CEO of Shopping.com, CEO of Skype and President of Consumer Products & Services at American Express.
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