Senior Director, Accounting Operations

Job Description

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 R ), 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. How You Will Make An Impact thredUP is looking for a partner to continue to drive the company’s accounting and close processes toward world-class performance. The Senior Director, Accounting Operations role will be a leader within the accounting and finance team with exposure to dynamic executives that have built an industry-leading company and brand in a market segment ready to explode. (See more about this in thredUP’s 2022 Resale Report ) The ideal candidate will have a mix of Big 4 and private industry experience, and will have managed, mentored, and developed staff members. This role will report directly to the VP, Corporate Controller in Oakland, California but will have a hybrid work arrangement.

In This Role You’ll Get To:

• Lead the month-end close process with the G/L team, including review of journal entries and account reconciliations
• Collaborate with accounting staff to review accounting close and reconciliation processes, resulting in reduction of time required to close and increased efficiency of close processes
• Provide oversight for consolidations processes, ensuring our international operations are accurately and efficiently integrated into our financial results and that foreign currency impacts are correctly accounted for
• Oversee AP, AR and expense reporting processes using Coupa and manage third party outsourced resources
• Oversee payroll and ensure timely payment of exempt and non-exempt workforce using ADP
• Direct team toward expansion of our internal reporting function, with scalable processes to generate timely financials and interface with department expense heads
• Work with external auditors to plan and support audit of financial statements
• Collaborate with our tax team to ensure that taxes are correctly accounted for and remitted
• Manage and mentor accounting staff for optimal performance and career growth
• Assist the Director, SEC Reporting and Technical Accounting in preparation of technical accounting memos as transactions arise, and incorporate new accounting pronouncements into operational processes
• Promote and maintain an effective internal control environment, helping in the ongoing implementation of and ongoing compliance with Sarbanes Oxley
• Provide guidance and oversight for process improvements in procure to pay and record to report optimizing existing SaaS tools such as NetSuite, Coupa, ADP and others

What We’re Looking For:

• Bachelor’s degree in Accounting or Finance
• CPA certification
• 10-15 years of related experience with a combination of Big 4 and industry experience
• Demonstrated ability in process improvement and system implementation and optimization
• Creative problem solving skills
• Experience managing a staff of full time employees with varying levels of professional experience and coaching high performing team members
• Ability to communicate clearly and concisely
• General ability to identify and navigate technical accounting areas such as debt, leases, stock based compensation, asset impairment
• Experience with an omni-channel ecommerce and retail company is a plus
• Experience with Netsuite, Coupa, ADP and Floqast a plus

What We Offer: - 4-day work week with Fridays off - Competitive salary (we leverage market data) + stock - 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 - Voted “50 Most Innovative Companies of 2020” - RaaS - Finalist in Fast Company’s World Changing Ideas Awards 2021 - 2021 FORTUNE Change the World Finalist 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. Please note, our corporate offices are open but in person attendance is optional. For the safety of those on-site, we require that any individuals who wish to attend meetings/activities on-site in corporate offices be fully vaccinated. Apply for this job