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General Ledger Accountant



Accounting & Finance
Oakland, CA, USA
Posted on Tuesday, October 3, 2023

About thredUP
thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, thredUP has become one of the world’s largest resale platforms for women’s and kids’ apparel, shoes and accessories. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. In 2018, we extended our platform with thredUP’s Resale-As-A-Service (RaaS), which facilitates modern resale for a number of the world’s leading brands and retailers. thredUP has processed over 125 million unique secondhand items from 35,000 brands across 100 categories. By extending the life cycle of clothing, thredUP is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

Job Description

About the Role

thredUp is looking for a highly qualified and detail-oriented staff accountant to join our team and help support our rapid and sustained growth. You will be responsible for performing journal entries, reconciling and analyzing various balance sheet and P&L accounts, ensuring transactions are correctly processed and reported in our financial systems.

To ensure success as a staff accountant, you should demonstrate a sound knowledge of best practices in general ledger accounting and have experience in a similar role. A top-class staff accountant will be someone who has outstanding problem-solving skills and enjoys working in a challenging and fast–paced, high-growth environment.

In This Role You’ll Get To:

  • Prepare monthly expense accrual journal entries.

  • Perform balance sheet reconciliations for month-end close

  • Assist in reviewing of monthly departmental spend, ensuring that expenses are coded to the correct account and department through review of Coupa and NetSuite

  • Support management in completing special projects, ad-hoc reporting and other tasks as necessary

  • Assist in consolidation of our European operations into NetSuite, ensuring correct account mapping, reconciliation of intercompany balances and transactions, etc.

  • Translate Bulgarian documents and records into English as necessary.

  • Collaborate with all parts of Finance and business partners to source accruals

  • Support SOX implementation, ensuring that job duties are performed in accordance with thredUp’s SOX controls

  • Support external audit requirements as required, including assisting with sampling requests, population reconciliations and various audit requests

What We’re Looking For:

  • Bachelor’s degree

  • 2+ years experience in general ledger accounting, or similar

  • E-commerce and Retail experience is a plus!

  • Proficiency in accounting and business management software, such as NetSuite

  • Proficiency with Excel is a must (e.g., Pivot table, vlookup, sumif, iferror, etc.)

  • In-depth knowledge of accounting standards and regulations.

  • Proactive self-starter with strong time-management and organizational skills, attention to detail and the ability to work in a dynamic, fast-paced environment

  • A strong curiosity and a resolute mindset toward continuous process improvement with the ability to innovate and simplify both finance and operational processes

  • Effective interpersonal skills, including proven ability to listen, comprehend, effectively communicate clearly and concisely to obtain positive results

At thredUP, your base pay is one part of your total compensation package. This role pays between $83,000 and $110,000, and your actual base pay will depend on your skills, qualifications, experience, and location.

Many thredUP employees also have the opportunity to own shares of thredUP stock. thredUP employees are eligible for discretionary restricted stock unit awards, as well as a discount when purchasing thredUP stock if voluntarily participating in thredUP’s Employee Stock Purchase Plan. Subject to eligibility requirements, you’ll also receive other benefits: Comprehensive medical & dental coverage, vision, 401k, life and disability insurance.

What We Offer:

  • 4-day work week, with Fridays off
  • Hybrid work environment: 3 days in the office and 1 day remote each week
  • Competitive salary (we leverage market data)
  • Many thredUP employees also have the opportunity to own shares of thredUP stock and are eligible for discretionary restricted stock unit awards
  • Employee stock purchase plan
  • Flexible PTO (take the time you need) + 13 company holidays
  • Paid Sabbatical after 3 years of full time employment
  • Generous paid parental leave for new mothers and fathers
  • Medical, dental, vision, 401k, life and disability insurance offered
  • We live by our Core Values of Transparency, SpeakingUP, Thinking Big, Infinite Learning, Influencing Outcomes & Seeking the Truth
  • RaaS - Inc. Magazine, 2022 Power Partner Awards
  • Thrift the Look– TIME Magazine, The Best Inventions of 2022
  • Winner of Lattice's “People Vision” - recognizing thredUP as a top place to work for our investment in professional development and our innovations in work-life integration

We believe diversity, inclusion and belonging is key for our team

At thredUP, our mission has been built on extending the lives of millions of unique clothing items. Much like our inventory, we are proud to have fostered a workplace that is one-of-a-kind. As a company focused on diversity, inclusion and belonging, we are committed to ensuring our employees are comfortable bringing their authentic selves to work every day. A unique perspective is critical to solving complex problems and inspiring a new generation to think secondhand first. Be you.

If you are a candidate with a disability and have a reasonable accommodation request for the job application process, please email the specific details of your disability related accommodation request. This email address is reserved for candidates with disabilities only. General application inquiries will not receive a response.