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Assistant Controller

ThredUp

ThredUp

Accounting & Finance
Oakland, CA, USA
Posted on Wednesday, February 28, 2024

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 online resale platforms for 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. With thredUP's Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. thredUP has processed over 172 million unique secondhand items from 55,000 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.

How You Will Make An Impact

thredUP and our Corporate Controller are looking for a strategic partner to continue pushing the company’s accounting team towards world-class performance. The Assistant Controller role will offer a clear path on career progression and exposure to dynamic executives that have built the strongest company and brand in a market segment ready to explode.

The ideal candidate will have a mix of Big 4 and private industry (e-commerce and/or retail) experience, and will have managed and mentored staff members.

In This Role You’ll Get To:

  • Lead the month-end close process, including reconciliations for more complex areas such as revenue, inventory, software capitalization, and equity

  • Use querying software to extract large volumes of data from our home-grown ecommerce database; analyze and validate/corroborate data against third-party information (bank statements, etc.)

  • Assist Controller in better integrating home-grown ecommerce database with Netsuite

  • Work with external auditors and prepare audit workpapers

  • Coordinate with outside tax firm to manage tax provisions, compliance, and planning. Ensure timely filing of federal, state and city tax returns and other statutory filings

  • Reconcile monthly/quarterly sales tax returns

  • Financial reporting to other departments in the organization

  • Manage accounting staff

  • Assist the Controller with technical accounting memos

  • Promote and maintain an effective internal control environment, helping in the ongoing implementation of Sarbanes Oxley

What We’re Looking For:

  • Bachelor’s degree in Accounting or Finance

  • CPA certification

  • 8+ years of related experience with a combination of Big 4 Public Accounting and industry (ecommerce and/or retail) experience

  • Experience managing staff

  • Experience with payment processors such as Braintree, Vantiv, Paypal, etc.

  • Ability to communicate clearly and concisely

  • Cost accounting knowledge and experience is a plus

  • Experience with an omni-channel company is a plus

  • Experience with Netsuite a plus

At thredUP, your base pay is one part of your total compensation package. This role pays between $220,000 and $260,000, 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.

This role is not eligible for visa sponsorship.

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
  • TIME Magazine’s Most Influential Companies of 2023, WWD’s Most Influential ESG Leaders, TIME Magazine’s Best Inventions 2022, Shoptalk’s ATLIS Awards, Business Insider’s Retail Tech Power Players, Inc.’s Power Partner Awards, Lattice’s People Success Awards, Digiday's WorkLife 50 award
  • 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 disabilitysupport@thredup.com 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.