Job Details
The RealReal is the world's largest online marketplace for authenticated, resale luxury goods. Through our work, we are committed to contributing to a sustainable future, both for fashion and for our employees. Authenticity is a core component of our business; we value it in our products and we celebrate it across our teams by encouraging every TRR employee to bring their REAL authentic selves to work each day. We're hiring, and we'd love for you to join our dynamic team!
We are seeking a highly skilled and experienced Manager, Technical Accounting to join our dynamic finance team. The ideal candidate will play a crucial role in ensuring accurate and compliant revenue recognition processes. This role is perfect for someone with a strong background in public accounting and a proven track record in revenue accounting within the retail or e-commerce industry.
What You Get To Do Every Day
Revenue Recognition Compliance:
- Lead and manage the revenue recognition process in accordance with ASC 606.
- Ensure compliance with accounting principles and internal policies.
- Collaborate with cross-functional teams to understand new business initiatives and their impact on revenue recognition.
Financial Reporting:
- Oversee the preparation of monthly, quarterly, and annual revenue-related journal entries, supporting schedules, and financial statements.
- Provide insights into revenue trends, analysis, and variances.
Audit Support:
- Act as the key point of contact for internal and external auditors during quarterly and year-end audits.
- Prepare audit schedules and assist in addressing audit inquiries related to revenue recognition.
Process Improvement:
- Collaborate with financial systems data teams, product support, and engineering to enhance accuracy and completeness of transactional reporting for the order to cash process.
- Identify and implement process improvements to enhance the efficiency and accuracy of revenue accounting.
Cross-Functional Collaboration:
- Work closely with order management, and operations teams to ensure accurate and timely recording of revenue transactions.
- Collaborate with other finance teams to drive seamless integration between revenue and other financial processes such as inventory, shipping services, indirect taxes, and other operating expenses.
What You Bring To The Role Minimum Requirements: - Bachelor's degree in Accounting, Finance, or related field.
- Minimum of 5 years of experience in revenue, inventory, and general accounting, with a significant portion in public accounting.
- In-depth knowledge of ASC 606 and other relevant accounting standards.
- Advanced excel skills.
- Ability to interpret and communicate complex financial data to various stakeholders.
- Exceptional analytical and problem-solving abilities.
- Excellent communication skills, both written and verbal.
- Proven leadership experience in managing a team.
Preferred Requirements: - CPA certification preferred.
- Public accounting experience; Big Four experience is a plus.
- Strong proficiency in ERP systems; experience with NetSuite is a plus.
- Previous experience with inventory operations and accounting in the retail or e-commerce industry is highly desirable.
- Experience with revenue automation tools such as RevPro, Zuora, Leapfin, or other similar platforms streamlining the revenue accounting processes and enhancing efficiencies.
- Proven experience working with high growth companies in a fast paced environment.
The expected salary range for this role is $134,558.00 - $161,874.00. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate's skills, experience, market demands, and internal parity. Additionally, salary is just one component of TRR's total rewards package. Depending on role, employees may also be eligible for a bonus program, incentive pay and benefits.
GHR8905 #LI-ES30 #LI-Remote
The RealReal is the world's largest online marketplace for authenticated, resale luxury goods, with more than 30 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. We have hundreds of in-house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, we give new life to pieces by thousands of brands across numerous categories-including women's and men's fashion, fine jewelry and watches, art and home-in support of the circular economy. We make selling effortless with free virtual appointments, in-home pickup, drop-off and direct shipping. We do all of the work for consignors, including authenticating, using AI and machine learning to determine optimal pricing, photographing and listing their items, as well as handling shipping and customer service. At our 13 retail locations, including our twelve shoppable stores, customers can sell, meet with our experts and receive free valuations.
The RealReal is committed to providing an equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or Veteran status. We will consider qualified applicants for a position regardless of arrest or conviction records. At TRR, People Come First. That's why diversity and inclusion are vital to our priorities as an equal opportunity employer. You can read about our Diversity Equity and Inclusion program here.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand; walk; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.