Senior Revenue Accountant

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.

Responsibilities:

• 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 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

Requirements:

• 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.