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Senior AccountantUnited States

Poshmark

Senior Accountant

United States

Poshmark is seeking a Senior Accountant to join our finance department and take over the major reporting and reconciliation duties for our company. We're the largest social commerce marketplace for fashion where anyone can buy, sell and share their personal style. With over two million Seller Stylists and millions of shoppers, Poshmark brings together a vibrant community everyday to express themselves and share their love of fashion. The Senior Accountant will be responsible for the reconciliations of our marketplace transactions along with the ownership of the related general ledger accounts and monthly close processes. Included in this role, the Senior Accountant will also own and improve the company's internally developed software process.
The successful candidate will have a sound fundamental knowledge and expertise in the following:
  • Revenue
  • Cost of sales
  • Chargebacks
  • Customer funds
  • Internally developed software
Senior Accountant responsibilities and duties
  • Own the revenue close process which includes reviewing API journals, booking journals and reconciling the related revenue, cost of sale, chargeback reserve and customer funds accounts.
  • Maintain system integration to ensure complete and accurate data is flowing to our accounting software.
  • Collaborate with cross-functional stakeholders, finance, marketplace operations, engineering and data.
  • Obtain a thorough understanding of our marketplace transaction flow to determine and apply appropriate accounting treatment.
  • Assist in the adoption of ASC 606
  • Track the company's engineering initiatives and gain an understanding of each project to determine appropriate accounting treatment per ASC-350-40.
  • Collaborate with the project management team and engineering to obtain development information.
  • Streamline, maintain & improve processes and internal controls.
  • Book related journal entries for capitalization and depreciation.
  • Review and reconcile accounts.
  • Establish, maintain & improve processes and internal controls.
  • Assist with external audit.
  • Ad-hoc projects as needed.
Senior Accountant qualifications and skills
  • BS Degree in Finance/Accounting; CPA a plus.
  • 6+ years of accounting experience.
  • Working knowledge of ASC 606 and ASC 350-40
  • Knowledge of Intacct or equivalent.
  • System savvy, in depth understanding of system integrations
  • Advanced Excel skills
  • Strong attention to detail and sense of ownership.
  • Positive attitude and dependable team player
  • Strong problem-solving and analytical skills.
  • Proven ability to prioritize activities and manage workload in a fast-paced environment
  • Ability to complete assignments with minimal supervision, and effective writing, presentation and communication skills.
Why Poshmark?
Founded in 2011, Poshmark is the largest social marketplace for fashion where anyone can buy, sell and share their style with others. Poshmark's mission is to make shopping simple and fun by connecting people around a shared love of fashion, while empowering entrepreneurs to become the next generation of retailers. Recognized as the go-to shopping destination for millennials, Poshmark's community of over four million Seller Stylists help shoppers discover the perfect look from over 75 million items and 5,000 brands. The company is backed by the world's leading investment firms and venture capital institutions including Mayfield, Menlo Ventures, GGV Capital, Temasek, Inventus Capital, Uncork Capital, Union Grove Venture Partners, Shea Ventures and AngelList. For more information, please visit www.poshmark.com, or find us on Instagram, Facebook, Twitter, Pinterest and Snapchat.
Here's what we'll set you up with:
  • A team that is invested in your career growth and training
  • Competitive salary and equity, based on experience
  • Company sponsored health, dental and vision plans
  • A 13" MacBook Air and smartphone reimbursement
  • Work alongside world-class talent
  • Flexible Vacation / Paid Time Off Policy
  • Parental Leave
  • Healthy and exciting lunches and snacks offered daily
  • Personal Style Encouraged (or not, whatever you're in to)
  • Fun company happy hours, parties, and offsite events

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