Accounts Payable Associate

Accounts Payable Associate

at Whatnot (View all jobs)

Remote – US

Whatnot

Whatnot is a livestream shopping platform and marketplace backed by Andreessen Horowitz, Y Combinator, and CapitalG. We’re building the future of ecommerce, bringing together community, shopping and entertainment. We are committed to our values, whether working remotely or from one of our offices. We are building a team that has experience from top tech, retail and payments platforms in the world.

We’re innovating in the fast-paced world of live auctions in categories including sports, fashion, video games, and streetwear. The platform couples rigorous seller vetting with a focus on community to create a welcoming space for buyers and sellers to share their passions with others.

And, we’re growing. Whatnot has been the fastest growing marketplace in the US over the past two years and we’re hiring forward-thinking problem solvers across all functional areas.

Opportunity Size

Retail disruption is one of the largest opportunities in the startup space today. Livestream shopping is taking off around the world a $300B GMV market in China that’s grown 100% YoY. Whatnot is bringing it to the world through a community-first approach, starting in the U.S. where retail is a $5T market opportunity!

About the Finance Team

The Finance team covers everything and anything money at Whatnot. We are broken down into Strategic Finance and Accounting. As a founding member of our accounting team, you will help define our daily practices and policies.

Role

• Accounts Payable: Process incoming bills, initiate payments, and communicate with vendors and internal stakeholders
• Operational Accounting: Categorize bank and credit card transactions, manage bank account balances, review expense reports, manage purchase requests and virtual cards, etc.
• Year-end 1099 Reporting: Own the 1099 reporting process by compiling payment information, communicating with vendors, and filing with the IRS.
• Month-End Close: Assist the monthly financial close by recording journal entries, maintaining accurate supporting documentation, and preparing account reconciliations
• Reporting: Analyze period-over-period fluctuations and provide informative commentary of key business drivers; respond timely to inquiries through research and analysis
• Audits: Support external audit requirements related to specific areas of responsibility
• One-off Projects: Tackle one-off and ad-hock projects as necessary

You

Curious about who thrives at Whatnot? We’ve found that low ego, a growth mindset, and leaning into action and high impact goes a long way here. As our Accounts Payable Associate, you should have 1+ years of professional accounting experience, plus:

• BA/BS in Accounting; CPA is desired
• Experience in public accounting, tech, or a high-growth startup
• Understanding of month-end close processes and US GAAP
• Advanced Excel and data manipulation skills
• Proven ability to succeed in a fast-paced and constantly changing environment while running tight deadlines
• Ability to work quickly and flexible enough to work in an ambiguous environment with limited guidance

Benefits

• Unlimited Vacation Policy and Company-wide Holidays (including a spring and winter break)
• Health Insurance options including Medical, Dental, Vision, Life, Short term disability & Long term Disability
  • Whatnot covers 99% of employee premium costs, and 75% of dependent care premiums for Medical
  • Dental and Vision sponsored 100% by Whatnot for employees and dependents
• Work From Home Support
  • Laptop provided by Whatnot and home office setup allowance
  • $450 work-from-anywhere quarterly allowance for cell phone and internet
• Care benefits
  • $1,350 quarterly allowance on food
  • $1,500 quarterly allowance for wellness
  • 16 weeks Paid Parental Leave and gradual return to work
  • $5,000 annual allowance towards Childcare
  • $20,000 lifetime benefit for family planning, such as adoption or fertility expenses
• Professional Development
  • $2,000 annual benefit to invest in your professional development
• 401k offering for Traditional and Roth accounts provided by Betterment
  • Employer matching contributions of 100% of up to 4% of contributions on base salary

EOE

Whatnot is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.