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Full-Time

Accounting Associate

Posted on 10/19/2024

WhatNot

WhatNot

501-1,000 employees

Online marketplace for authentic collectibles

Consumer Software
Consumer Goods

Compensation Overview

$95k - $105kAnnually

Junior, Mid

No H1B Sponsorship

San Francisco, CA, USA + 2 more

More locations: Los Angeles, CA, USA | New York, NY, USA

Team members must be within commuting distance of New York, San Francisco, or Los Angeles.

Category
Auditing
Financial Accounting
Financial Analysis
Accounting
Required Skills
NetSuite
Requirements
  • 2-3+ years professional experience in public accounting
  • BA/BS in Accounting; CPA is desired
  • Detailed understanding of month-end close processes and thorough US GAAP expertise
  • Experience auditing companies in the e-commerce/tech industries preferred
  • Advanced Excel and data manipulation skills
  • Proven ability to succeed in a fast-paced and constantly changing environment while running tight deadlines
  • Self-starter with a strong sense of ownership, takes initiative to simplify and improve processes
Responsibilities
  • Responsible for assigned monthly GL close tasks, which includes various journal entries, reconciliations, analytics, and variance explanations
  • Assist in the creation and management entity level reporting in Netsuite and day to day finance operational tasks in assigned areas including ongoing process improvement
  • Support external audit requirements related to specific areas of responsibility, own ad-hoc projects as necessary
  • Manage assigned projects and collaborate with cross-functional team members within and outside of Finance in delivering impactful, high quality information to our business partners

Whatnot.com operates as an online marketplace dedicated to collectibles, particularly focusing on items like Funkos and FiGPiNs. The platform ensures that every collectible listed is 100% authentic through a rigorous verification process that includes hand authentication, providing trust and security for both buyers and sellers. It serves a community of collectors and enthusiasts who seek rare and exclusive items from popular franchises such as Marvel Comics and Star Wars. Whatnot.com distinguishes itself from competitors by charging low fees on sales and offering seller protection, which guarantees prompt and secure payments. The company's goal is to create a safe and reliable environment for collectors to buy and sell their prized items.

Company Stage

Series D

Total Funding

$464.7M

Headquarters

Marina del Rey, California

Founded

2019

Growth & Insights
Headcount

6 month growth

14%

1 year growth

40%

2 year growth

90%
Simplify Jobs

Simplify's Take

What believers are saying

  • Whatnot's recent $260M Series D funding round and $3.7B valuation highlight its strong financial health and growth potential.
  • Partnerships with major brands like Marvel Comics and Professional Sports Authentication (PSA) enhance Whatnot's credibility and market reach.
  • The expansion into livestream shopping and additional collectible categories indicates a commitment to innovation and market diversification.

What critics are saying

  • The niche focus on collectibles like Funkos and FiGPiNs may limit market size and growth potential compared to broader marketplaces.
  • Rapid expansion and scaling, including the planned increase to over 300 employees, could lead to operational challenges and cultural misalignment.

What makes WhatNot unique

  • Whatnot.com offers the largest collection of 100% authenticated collectibles, ensuring trust and security for buyers and sellers, unlike many competitors.
  • The platform's focus on niche markets like Funkos and FiGPiNs, combined with hand authentication, sets it apart from broader online marketplaces.
  • Whatnot's low fees and seller protection provide a competitive edge, making it an attractive option for both buyers and sellers in the collectibles market.

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Benefits

Competitive base salary and stock options

Unlimited Vacation Policy and No Meeting Holidays

Health Insurance options including Medical, Dental, Vision, Life, Short term disability & Long term Disability

Work From Home Support

Up to $500 monthly to spend within Whatnot App

Care benefits