Treasury & Accounting Manager, Later

4 Month Contract, Possible Extension

$155-179k

Additionally, all permanent team members are granted stock options

Excel
NetSuite
Senior and Expert level
Chicago
Later

Social media marketing scheduling platform

Be an early applicant

Later

Social media marketing scheduling platform

1001+ employees

B2BMarketingContentSaaSSocial Media

Be an early applicant

$155-179k

Additionally, all permanent team members are granted stock options

Excel
NetSuite
Senior and Expert level
Chicago

1001+ employees

B2BMarketingContentSaaSSocial Media

Company mission

To build the world’s first Social Revenue Platform.

Role

Who you are

  • We are committed to building an inclusive, supportive place for you to do the best and most rewarding work of your career. If you identify with any of the following, we encourage you to apply!
  • Bachelor’s degree in accounting or finance required
  • Minimum of 5 years of treasury and general ledger accounting experience
  • Strong accounting systems experience; NetSuite experience preferred
  • Experience in the SaaS or technology industry is highly desirable
  • Experience managing teams and the ability to work in a highly collaborative environment
  • Experience preparing multiple account reconciliations with strong attention to detail
  • Intermediate to advanced Excel skills required
  • Experience with Stripe in a corporate environment preferred
  • Excellent analytical and problem-solving skills
  • Ability to work effectively in a fast-paced environment establishing priorities and managing multiple tasks and demands

What the job involves

  • The Treasury Manager will be responsible for managing the company’s liquidity, customer funds, and creator disbursements on the customers’ behalf
  • The ideal candidate will have a strong accounting background, and experience with cash forecasting and billing for companies with multiple subsidiaries and with multiple banking platforms
  • The Treasury manager will manage the company’s billing, cash forecasting, and customer collections processes and will work closely with the Accounting team as well as cross-functionally to ensure financial integrity and compliance with the company’s internal controls
  • Cash Management
  • Prepare cash forecasts for all entities, including on a consolidated basis, and maintain supporting documents
  • Monitor cash account balances and initiate funding to support operational and customer payment activities
  • Review and monitor accounts receivable aging for timely billing and collections along with the Staff Accountant and AR Analyst
  • Assist team members with developing and implementing improved collection strategies
  • General Ledger
  • Complete various aspects of the Company’s monthly financial close within strict close timetables
  • Prepare journal entries with clear and accurate supporting documentation
  • Prepare and review monthly general ledger account reconciliations on a timely basis (including, but not limited to, cash, restricted cash, accounts receivable, and accrued campaign and incentive spend accounts)
  • Provide thoughtful commentary on monthly financial variance analysis
  • Audit and Risk Management
  • Coordinate and assist in managing external audits to ensure timely and successful delivery of audit results
  • Ownership of selected balance sheet accounts (including, but not limited to, restricted cash, accrued incentive funds, and certain COS accounts)
  • Identify, communicate, and help mitigate any accounting or financial reporting risks as they arise
  • Assist in department-wide cross-training efforts and ensure backups exist for all treasury and accounts receivable related functions
  • Process Efficiencies
  • Assist in developing and driving the adoption of new systems and processes to help drive operational efficiency
  • Review and recommend process improvements related to accounting systems and procedures
  • Collaboration
  • Partner with cross-functional teams including FP&A and customer-focused teams to resolve discrepancies, identify and resolve process inefficiencies, and expedite resolution of issues
  • Collaborate directly with systems engineering, data, and customer service teams to create new reports and improve existing reports to streamline processes
  • Collaborate with systems and data teams on new system implementations and integrations with the current accounting environment
  • Support other Finance team members with ad hoc projects and requests

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Insights

Led by a woman

6% employee growth in 12 months

Company

Company benefits

  • Flexible Paid Time Off
  • Hybrid Work Environment
  • Competitive Healthcare Benefits
  • Stock Options
  • Learning & Development Opportunities

Funding (last 2 of 3 rounds)

Jan 2015

$1.2m

SEED

Dec 2014

$1.3m

SEED

Total funding: $3.8m

Our take

Platforms like Instagram, Pinterest, and TikTok have become indispensable for businesses of all sizes, shaping their marketing strategies and driving success. Later specializes in assisting customers in navigating these channels. Offering a visually oriented suite of tools, the marketing platform enables marketing managers to schedule, analyze, and track sales from their content effectively.

Focusing on small businesses, Later is doubling down on its strategy, aiming to provide additional products tailored for marketers at these enterprises while expanding its geographic reach. This expansion of product capabilities not only caters to the evolving needs of small businesses but also helps Later mitigate platform risk from social media companies mimicking its services. Partnerships with platforms like TikTok and Instagram, featuring post scheduling, analytics, and conversation tools, showcase Later's commitment to innovation and staying ahead in the competitive landscape.

In a significant development, Later recently merged with Mavrck to become one single brand under the name Later. The unified entity brings together its flagship products to drive traffic and revenue from platforms like Instagram and TikTok. This move aims to enhance user experience, drive engagement, and allow brands and creatives to achieve their social marketing and revenue goals effectively.

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Steph

Company Specialist at Welcome to the Jungle