People Matter

Technical Accounting Manager

Faire

Faire

IT, Accounting & Finance
San Francisco, CA, USA
Posted on Thursday, July 4, 2024

About Faire

Faire is an online wholesale marketplace built on the belief that the future is local — independent retailers around the globe are doing more revenue than Walmart and Amazon combined. At Faire, we're using the power of tech, data, and machine learning to connect this thriving community of entrepreneurs across the globe. Picture your favorite boutique in town — we help them discover the best products from around the world to sell in their stores. With the right tools and insights, we believe that we can level the playing field so that small businesses everywhere can compete with these big box and e-commerce giants.

By supporting the growth of independent businesses, Faire is driving positive economic impact in local communities, globally. We’re looking for smart, resourceful and passionate people to join us as we power the shop local movement. If you believe in community, come join ours.

About this role

As a Technical Accounting Manager, you'll be at the forefront of shaping our financial landscape. We're seeking a dynamic individual to lead our technical accounting initiatives and drive excellence in financial reporting and the controls environment. This role is perfect for someone who thrives in a fast-paced environment, enjoys tackling complex accounting challenges, and has a passion for implementing best practices. In this pivotal position, you'll bridge the gap between operational goals and accounting standards, ensuring Faire's financial integrity as we continue to scale. We're looking for a strategic thinker who can translate technical accounting requirements into actionable insights for the business.

As a Senior Manager, Technical Accounting You Will

  • Play a key role in driving towards IPO readiness including S-1 preparations
  • Research and prepare technical accounting positions for our significant accounting policies including revenue recognition, potential business combinations, and equity related issues
  • Proactively collaborate cross-functionally to identify and assess the accounting implications of significant transactions and new marketplace features. Determine appropriate accounting treatments, communicate financial impacts to leadership, and ensure timely and accurate recording.
  • Lead the evaluation and adoption of new accounting pronouncements, including collaborating with the broader finance organization to ensure effective implementation.
  • Assist with audits, including preparing technical accounting work papers for the auditors. Serve as the key point of contact with our external auditors to ensure accuracy and compliance with GAA
  • Document financial processes, accounting policies and standard operating procedures
  • Support SOX compliance efforts and assist in improvement of control procedures
  • Participate in and help lead essential accounting projects including audit readiness and management reporting
  • Draft, update, and maintain the Company’s accounting policies
  • Provide training to internal Finance and Accounting group on technical accounting matters
  • Conduct and document technical accounting research related to new business initiatives and/or complex transactions
  • Perform ad hoc projects, analysis and reporting as required

Qualifications

  • Bachelor’s degree in Finance or Accounting; CPA required
  • 7+ years of experience working in a combination of auditing and technical accounting; Pre-IPO to IPO experience preferred. Big 4 experience a plus
  • Proven ability to work cross-functionally with Finance, Legal, Product, and Sales to proactively identify accounting issues, research applicable US GAAP, IFRS, SEC, and Big 4 guides and document accounting conclusions
  • Strong analytical skills; including proven ability to independently analyze transactions and contracts and document the related accounting analysis under GAAP
  • Familiarity with ERP systems such as Netsuite
  • A team player and commitment to deliver outstanding results while having a fun time with your teammates doing it!
  • You are resourceful and not afraid to roll up your sleeves.


Salary Range

San Francisco & New York City: the pay range for this role is $120,000 to $165,000 per year.

This role will also be eligible for equity and benefits. Actual base pay will be determined based on permissible factors such as transferable skills, work experience, market demands, and primary work location. The base pay range provided is subject to change and may be modified in the future.

Faire’s flexible work model aims to meet the needs of our diverse employee community by making work more flexible, connected, and inclusive. Depending on the role and needs of the team, Faire employees have the flexibility to choose how they work–whether that’s mainly in the office, remotely, or a mix of both.

Roles that list only a country in the location are eligible for fully remote work in that country or in- office work at a Faire office in that country, provided employees are located in the registered country/province/state. Roles with only a city location are eligible for in-office or hybrid office work in that city. Our talent team will work with candidates to determine what locations and roles are eligible for each option.

Applications for this position will be accepted for a minimum of 30 days from the posting date.

Why you’ll love working at Faire

  • We are entrepreneurs: Faire is being built for entrepreneurs, by entrepreneurs. We believe entrepreneurship is a calling and our mission is to empower entrepreneurs to chase their dreams. Every member of our team is taking part in the founding process.
  • We are using technology and data to level the playing field: We are leveraging the power of product innovation and machine learning to connect brands and boutiques from all over the world, building a growing community of more than 350,000 small business owners.
  • We build products our customers love: Everything we do is ultimately in the service of helping our customers grow their business because our goal is to grow the pie - not steal a piece from it. Running a small business is hard work, but using Faire makes it easy.
  • We are curious and resourceful: Inquisitive by default, we explore every possibility, test every assumption, and develop creative solutions to the challenges at hand. We lead with curiosity and data in our decision making, and reason from a first principles mentality.

Faire was founded in 2017 by a team of early product and engineering leads from Square. We’re backed by some of the top investors in retail and tech including: Y Combinator, Lightspeed Venture Partners, Forerunner Ventures, Khosla Ventures, Sequoia Capital, Founders Fund, and DST Global. We have headquarters in San Francisco and Kitchener-Waterloo, and a global employee presence across offices in Salt Lake City, Atlanta, Toronto, London, New York, LA, and Sao Paulo. To learn more about Faire and our customers, you can read more on our blog.

Faire provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or gender expression.

Faire is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please fill out our Accommodation Request Form (https://bit.ly/faire-form)