Senior Technical Accounting Manager, Faire
$150-206.5k
Eligible for equity
More information about location
2+ days a week in office
Online wholesale marketplace
Open for applications
Online wholesale marketplace
1001+ employees
Open for applications
$150-206.5k
Eligible for equity
More information about location
2+ days a week in office
1001+ employees
Company mission
To empower entrepreneurs around the world to chase their dreams.
Role
Who you are
- 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
- We're looking for a strategic thinker who can translate technical accounting requirements into actionable insights for the business
- Bachelor’s degree in Finance or Accounting; CPA required
- 9+ 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
What the job involves
- As a Senior 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
- 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
- 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
Our take
Faire is a company that helps retailers find and buy wholesale merchandise for their stores, pairing independent brands with retailers. The company connects two million retailers globally to tens of thousands of brands across the globe.
In addition to a large catalog, the company attracts smaller retailers by offering net 60-day terms and free returns to boost confident buying at unpredictable times. Faire has seen impressive growth, reporting 300% year-on-year volume growth and a valuation of over $12.6B following its most recent tranche of funding from Shopify.
This investment is funding its continuing expansion into European and Australian markets, while accelerating product development, focusing on its OS for wholesale. It is also hiring talent globally as it takes aim at becoming a kind of Amazon for local and indie brands that want to sell globally.
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
109% employee growth in 12 months
Company
Employee endorsements
Opportunities to learn
"I joined Faire over a month ago and the onboarding has been very comprehensive including some additional material that has been extremely helpful..."
Funding (last 2 of 10 rounds)
May 2022
$416m
SERIES G
Nov 2021
$400m
SERIES G
Total funding: $1.5bn
Company benefits
- Comprehensive healthcare
- All of our offices have been designed with local in mind—from our architects to our coffee blends
- Paid vacation time, holidays, and company-wide “Faire Fundays.”
- Including a monthly credit toward your wellness-related programs
- Generous parental and family leave, as well as fertility support benefits
- Including free access to Modern Health therapists and resources
- Optional morning meditation, plus a free Headspace membership
- Faire will match up to US$250 of your charitable donations, every year
- For personal and professional development, as well as unlimited access to training courses through LinkedIn Learning
- Whether you want to grow as a leader, hone your craft, or explore a new discipline, our career framework allows space for you to explore
Company values
- We serve our community
- We seek the truth
- We’re all owners
- We embrace the adventure
- We’re kind
Articles
Founders
Max Rhodes
(CEO)Was previously an Advisor at Blunt Umbrellas and Director of Consumer Product at Square.
Daniele Perito
(Advisor)Former Director of Security and Risk Engineering at Square, prior to co-founding Faire.
Marcelo Cortes
(CTO)Previously a Senior Software Engineer at Google. Before that, co-founded FreePoint Inc.
Jeff Kolovson
(COO)Was Operations Lead at Square. Before that was a Business Analust for McKinsey and Co.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
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Diversity & Inclusion at Faire
Clarence Sanon (Engagement and Inclusion Manager)
- We have internal structures and mechanisms that acknowledge and counteract organizational bias while ensuring equitable opportunity across the organization.
- Our teams are balanced across demographic backgrounds and identities, ensuring equity at all levels of the organization and ensuring a region-specific nuance
- Faire Femmes: Our mission is to build a space that is inclusive, safe, and empowering for those who identify as women to succeed
- HUE: Our mission is to create a safe space where folks of colour can feel comfortable being themselves and talk to folks who get it. We want HUE members to feel confident expressing themselves, their culture, and their heritage
- Flaire: Our mission is to empower all Faire employees to express their whole selves at work, and to make Faire an inclusive environment for all members of the LGBTQ+ community
- Fairents: Our mission is to cultivate Faire into a company where working parents can thrive in their professional ambitions, maximize their impact supporting Faire business goals, and be successful in their pursuit of rewarding & fulfilling journeys as parents
- We have employee resource groups (ERGs) and a cross-functional Diversity, Equity, Inclusion, and Belonging Council (DEIB) at Faire. The DEIB Council works in collaboration with other functions to ensure integration and consideration of DEIB in policies, programs, products, and processes
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