Senior Accountant, Wayfair

Project-Based

Salary not provided
SQL
BigQuery
Mid level
Boston

More information about location

4+ days a week in office

Wayfair

A global online homeware marketplace

Open for applications

Wayfair

A global online homeware marketplace

1001+ employees

B2CRetailLifestyleMarketplaceInterior designFurnitureHome improvementeCommerce

Open for applications

Salary not provided
SQL
BigQuery
Mid level
Boston

More information about location

4+ days a week in office

1001+ employees

B2CRetailLifestyleMarketplaceInterior designFurnitureHome improvementeCommerce

Company mission

To help everyone, anywhere create their feeling of home.

Role

Who you are

  • Bachelor’s degree in Accounting, Finance, or a related analytical field (e.g., Economics, Engineering, Business, Mathematics, Statistics, Science, or Analytics)
  • 3+ years of accounting or a related analytical field experience
  • Strong analytical, problem-solving, and financial troubleshooting skills
  • Proactive, detail-oriented, and a collaborative team player
  • Organized and self-motivated, with the ability to thrive in a fast-paced, deadline-driven environment
  • Excellent interpersonal and communication skills, with experience in translating financial concepts to individuals at all levels, including both finance and non-finance managers
  • Exceptional verbal and written communication skills
  • Quick learner, adept at mastering new systems, processes, and procedures, and capable of aligning local practices with global standards

Desirable

  • CPA certification preferred
  • Experience with SQL or Google BigQuery (GBQ)
  • Public accounting experience

What the job involves

  • Wayfair’s Finance group is seeking a project-based Senior Accountant to join our dynamic financial reporting team.
  • In this fast-scaling role, you’ll have the opportunity to work across various areas of accounting and finance, with a strong focus on General Ledger (GL) accounting.
  • This position offers exposure to a broad range of financial reporting, compliance, and analysis tasks, making it an ideal fit for someone eager to learn and explore different facets of accounting.
  • As part of our growing public company, you’ll gain hands-on experience with high-impact financial projects, positioning yourself for career growth in a rapidly evolving finance organization
  • The financial reporting team is responsible for the preparation of our financial statements and ensures they are in compliance with GAAP.
  • Members of this team work closely with various other teams and departments to properly report the consolidated balance sheets and income statement to management monthly as well as public filings quarterly and annually
  • Key Contributor to Month-End Close: Drive the month-end close process, ensuring all financial data is accurate, timely, and aligned with strategic objectives
  • Advanced General Ledger Reconciliations: Lead the preparation and critical analysis of reconciliations for various general ledger accounts, maintaining high standards of accuracy and compliance
  • In-Depth Variance Analysis: Conduct detailed variance analysis on monthly balance sheets and income statements, providing actionable insights to improve financial performance
  • Financial Reporting: Prepare comprehensive monthly and ad-hoc financial reports for senior management, directly impacting strategic decision-making
  • Audit Facilitation: Lead collaboration with external auditors, preparing detailed audit workpapers and ensuring seamless audit processes
  • Policy & Procedure Optimization: Review, recommend, and implement best practices in accounting policies and procedures, driving continuous improvement across the organization
  • Research & Compliance Leadership: Proactively research emerging accounting and reporting issues, ensuring the company’s practices are always in compliance with US GAAP
  • Project Management & Process Improvement: Work closely with the financial reporting team and product management on high-impact projects aimed at enhancing the efficiency and effectiveness of financial reporting
  • Team Development & Cross-Training: Lead cross-training initiatives within the financial reporting team, fostering a culture of adaptability and continuous learning
  • SOX Compliance & Documentation: Assist in the management and documentation of SOX compliance efforts, ensuring adherence to the highest standards of corporate governance

Our take

Wayfair emerged in the early era of eCommerce with a mission to revolutionize online shopping, offering customers a convenient platform to purchase goods. Today, it stands as one of the foremost global players in the online furniture delivery industry, boasting an impressive inventory of over 33 million products.

Renowned for its extensive product range and comprehensive service offerings, Wayfair distinguishes itself by providing an end-to-end customer experience, from browsing to doorstep delivery. Despite its prominence, the company faces profitability challenges attributed largely to expansion expenses. Nonetheless, its solid presence in the competitive online homeware sector solidifies its position as a key contender.

With ambitious global expansion plans, Wayfair remains committed to maintaining its leadership in the industry. As it aspires to become the ultimate destination for all home needs, its more recent ventures into physical retail represent significant strides toward this overarching goal.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Some candidates hear
back within 2 weeks

-14% employee growth in 12 months

Company

Company values

  • Relentless Customer Focus: Delivering an exceptional customer experience drives everything we do. We invest in understanding our customers and partners. We are all in customer service
  • Deliver Rsults With Agility: We prioritize work that drives long-term value. We execute with urgency, learn from failure, and nimbly pivot. The outcomes of our efforts are impactful, measurable results
  • Use Good Judgement: We are bold and confident, never reckless. We make reasoned, calculated decisions based on data, critical thinking, and pattern recognition
  • Build the Best Team: We lead by setting the bar high, articulating clear goals, and diving deep. We hire, develop, and leverage only the best. Our leaders continually reevaluate and strengthen their teams and do not shy away from hard decisions. We expect and demonstrate excellence
  • Collaborate Effectively: We invest in cross-functional global partnerships that maximize impact and minimize duplication. We prize collaboration in all interactions – with our teammates, stakeholders, and suppliers. We disagree, align, and commit. Effectiveness and efficiency in collaboration are required.
  • Respect Others: We earn and show respect, treating our teammates and partners with empathy and inclusion. We presume good intent while prioritizing impact. We balance confidence and candor with humility and kindness.
  • Be an Owner: We are Wayfair first. We act on what’s best for the company, ahead of team or individual goals. We spend every dollar as if it is our own. We take pride in Wayfair’s success while planning the next win. We always think long-term
  • Innovate & Improve: We are not limited by precedent. We boldly challenge the norm. We continually identify opportunities to innovate, improve, and simplify. We value incremental improvements, but we also look for game-changing breakthroughs.
  • Adapt & Grow: We value adaptability and self-reflection. We find opportunity in every change, experience, and mistake. We are committed to continuous self-improvement.

Company HQ

Prudential / St. Botolph, Boston, MA

Leadership

Niraj Shah

(Co-Founder & CEO)

Studied Engineering at Cornell University before co-founding Spinners, a Boston-based IT services company. Previously acted as Entrepreneur in Residence for Greylock and has served as CEO of Wayfair since co-founding the company in 2002.

Steven Conine

(Co-Founder)

Co-founded Spinners before working for Operations at iXL. Conine also co-founded Pillar VC in 2016.

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