Senior Accountant, Blank Street
$90-100k
+ Equity
5 days a week in office (Brooklyn, NY)
Coffee chain
Open for applications
Coffee chain
201-500 employees
Open for applications
$90-100k
+ Equity
5 days a week in office (Brooklyn, NY)
201-500 employees
Company mission
To reimagine local commerce to better serve their customers, neighborhoods, and the planet.
Role
Who you are
- The ideal candidate will have a strong understanding of accounting and tax principles, excellent organizational skills, and a passion for contributing to a growing company
- Bachelor’s degree in Accounting, Finance, or a related field
- 3+ years of accounting experience, preferably in a mix of public accounting and retail or hospitality environment
- CPA certification preferred
- Strong understanding of accounting principles and financial reporting
- Experience with NetSuite or similar ERP system
- Experience with Coupa or similar billing and invoicing accounting software
- Proficiency in Microsoft suite of products, particularly Excel (VLOOKUPS and Pivot Tables at a minimum)
- Ability to identify and solve problems and clearly communicate solutions
- Ability to work independently own deliverable timelines and communicate workstream issues
- Approaches work with a team mindset and understands the importance of cross-functional communication
What the job involves
- Blank Street is in search of a Senior Accountant to join the US Accounting function
- As Senior Accountant, you will play a crucial role in maintaining the financial health of Blank Street and supporting our Field and HQ teams
- You will be responsible for a range of accounting functions including supporting monthly close process, managing accounts payable and receivable, helping implement, document, and ensure compliance with strong internal controls and accounting principles
- This role is an in-person position at our office in Williamsburg, Brooklyn. The Senior Accountant will report into the Global Accounting Manager
- Prepare and ensure timely, accurate and complete GAAP compliant monthly, quarterly and annual financial statements
- Perform period-end closing of the general ledger including preparation and posting of journal entries, accruals and reconciliation of balance sheet accounts and supporting schedules
- Perform ad-hoc research and analysis of information from various systems
- Research, calculate, and document areas of significant judgments and estimates including emerging or complex accounting treatments
- Provide day-to-day operational support (i.e. reviewing invoices and vendor issues), oversee timely and accurate vendor and expense payment processing in compliance with contractual terms, organizational policies & procedures
- Drive the development and maintenance of appropriate documentation for key accounting policies and procedures, including internal controls
- Liaise with the internal and external partners to support timely preparation of monthly and quarterly tax returns including: sales, use, property, income, payroll etc. in multiple jurisdictions
- Proactively evaluate and implement improvements to processes and procedures where appropriate
- Support annual audit and quarterly review processes with external auditors
Our take
More people deserve great coffee and Blank Street strives to make this possible. Blank Street’s formula involves technology enabled, micro-footprint brick-and-mortar spaces which operate at a cheap price meaning they can produce excellent coffee, also, at a reasonable price.
What started as one electric-powered coffee cart in 2020 has expanded to over 50 locations across New York City, Boston and London. Blank Street wants to serve coffee cheaper than Starbucks but tastier than Dunkin’ Donuts – its main competitors – and has done so with automation, specifically Eversys espresso makers that can produce 700 drinks an hour.
The chain has received mighty financing, including from real estate tycoon Tishman Speyer as well as from General Catalyst Partners and Tiger Global Management. This brand is certainly making its mark as its growth has remained at an impressive rate, especially following its entrance into the thriving coffee shop market in the UK.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
11% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Mar 2023
$20m
EARLY VC
Oct 2021
$25m
SERIES A
Total funding: $52m
Company benefits
- Medical, Dental, and Vision coverage. Blank Street covers the full premium for low and mid-tier employee-only plans
- Paid sick time
- Paid time off + company holidays
- Paid parental leave benefits
- Equity
- Learning and development opportunities. We're growing and we'd like for you to be a part of the journey
- A whole lot of Blank Street swag & coffee
Company HQ
South Williamsburg, NY
Leadership
Issam Freiha
(Co-founder & CEO)Spent less than a year in Investment Banking at Morgan Stanley before becoming a Partner at Reshape (Fmr. Alrai Capital)
Vinay Menda
(Co-founder)Is currently a Board Member for Eden and Hudson River Park Friends, an Advisor for both Vero Leasing and Archie, an Investor at Sprout, Mealco and MainStreet, and a Managing Partner for Reshape Ventures.
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