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Senior Revenue Accountant

Company: Poshmark
Location: Redwood City
Posted on: January 15, 2022

Job Description:

Poshmark is seeking a Senior Revenue Accountant to join our accounting team. This role requires an individual with excellent business, communication, and analytical skills, enabling collaboration with various functions. The successful candidate will be a self-starter comfortable with ambiguity, with strong attention to detail and desire to learn complex processes and systems.

The ideal candidate is eager to show what they are able to accomplish when given the opportunity, able to focus on the fine-points, and embraces daily challenges as opportunities for success with the company to expand and grow together. To be successful in this high-volume role you must be a hardworking and detail-oriented professional with exceptional communication skills, as you will be communicating with the Accounting and Operations teams on a daily basis regarding various aspects of Accounting including but not limited to: month-end processes, reconciliations and related analysis, external audit support, monthly reporting packages, and ad hoc projects and assignments.

The ideal Senior Revenue Accountant...
Perform monthly/quarterly revenue accounting close tasks including but not limited to preparing revenue analysis, journal entries, and account reconciliations for revenue and related accounts.
Reconcile revenue and COR transactions along with the related balance sheet accounts (funds receivable and customer redeemable balances).
Partner with shipping team in preparing monthly journal entries and reconciliations related to shipping
Partner with operation team and perform daily inquiries on unusual revenue transactions.
Partner with Data and Engineering team, and support API implementations related to revenue processes.
Reconcile internal data to accounting posted balances and perform complex bank reconciliations.
Assist in implementing revenue recognition policies and procedures to ensure are in accordance with ASC 606.
Assist with SOX implementation and ensure compliance with SOX 404 controls.
Support 10Q and 10K filing for revenue related footnotes and disclosures.
Support internal and external audits and ad hoc projects as needed.

6-Month Accomplishments
Obtain understanding and knowledge of business operations, revenue streams, policies, and ASC 606
Demonstrate proficiency with company's systems and accounting operations
Preparing and reconciling revenue and COR transactions, including owning revenue functions and related areas of improvements
Proficiency in assisting with streamlining and automating revenue processes
Mastery of strong time management, written, analytical and verbal communication skills
Supporting implementation and documentation of accounting policies and procedures
Supporting and executing revenue ad hoc projects
Supporting annual financial and tax audits

12+ Month Accomplishments:
Mastery of the 6-month accomplishments
Mastery of thorough understanding of the nuances, transaction cycles, and accounting treatments around revenue recognition and ASC 606
Supporting with preparation of revenue monthly reporting package, and preparing monthly working papers prepared for the monthly/ quarterly/ annual closing
Mastery for data accuracy and integrity; excellent reconciliation skills
Building strong cross-functional relationships and work collaboratively
Prioritizing effectively, meeting deadlines, working with others and following through to execute all tasks

Bachelor's degree in Accounting or equivalent, CPA a plus
Understanding of current GAAP standards as well as familiar with ASC 606 and big 4 experience is preferred.
Minimum 5 to 7 years of relevant accounting experience.
Public company and SOX 404 experience are desired.
Experience with Intacct or equivalent ERP system.
Be able to think outside the box, work independently with general supervision, be a team player, and willing to contribute beyond the defined role to meet business needs as circumstances require. Continuously identify opportunities for process improvement.
Strong organizational and time management skills with the ability to prioritize and multitask effectively and work as part of a team, deliver results and meet expectations in a fast-paced environment.
Strong attention to detail; excellent reconciliation skills
Advanced Excel and proficient in MS Office
Internally motivated to seek out answers, generate ideas and ability to learn quickly in a fast-paced environment.
Strong written and oral communication skills.
High degree of confidentiality, integrity and judgement.

About Us

Poshmark is a leading social marketplace for new and secondhand style for women, men, kids, pets, home, and more. By combining the human connection of physical shopping with the scale, ease, and selection benefits of e-commerce, Poshmark makes buying and selling simple, social, and sustainable. Its community of more than 80 million registered users across the U.S., Canada, Australia, and India, is driving the future of commerce while promoting more sustainable consumption. For more information, please visit, and for company news and announcements, please visit You can also find Poshmark on Instagram, Facebook, Twitter, Pinterest, and YouTube.

Why Poshmark?

At Poshmark, we're constantly challenging the status quo and are looking for innovative and passionate people to help shape the future of Poshmark. We're disrupting the industry by combining social connections with e-commerce through data-driven solutions and the latest technology to optimize our platform. We're nothing without our amazing team who deliver an unparalleled social shopping experience to the millions of people we connect each day.

We built Poshmark around four core values: 1) focus on people to create empowered communities that drive success; 2) together we grow to support each other to strive for our dreams; 3) lead with love to foster genuine connections built upon a foundation of respect; and 4) embrace your weirdness to accept and empower one another on their own unique journey. We're invested in our team and community, working together to build an entirely new way to shop. That way, when we win, we all win together. Come help us build the most connected shopping experience ever.

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 sponsors up to 100% cost for your health, dental and vision plans and up to 90% for your dependents
Work alongside world-class talent
Flexible vacation / paid time off policy
Parental leave
Personal style encouraged (or not, whatever you're in to)

Poshmark is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Keywords: Poshmark, Redwood City , Senior Revenue Accountant, Accounting, Auditing , Redwood City, California

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