Full-Time

Senior Finance Manager

US

Posted on 7/22/2024

Blank Street

Blank Street

201-500 employees

Specialty coffee shop with efficient service

Food & Agriculture
Consumer Software

Compensation Overview

$130k - $150kAnnually

+ Equity + Learning and Development Opportunities

Senior

New York, NY, USA

This role is an in-person position at our New York Office.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
SAP Products
Coupa
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • 4-6 years of relevant experience in corporate finance; accounting, CFA or CPA is a plus but not required
  • Knowledge of and experience with ERP systems and implementations: Netsuite, Coupa, Hyperion, SAP would be a plus
  • Advanced knowledge of Microsoft Excel and PowerPoint: modeling, pivot tables, indexmatch, vlookup, VBA (thinkcell knowledge would be a plus)
  • Advanced knowledge of Notion would be a plus
  • You can learn extremely fast
  • Excellent written & verbal communication
  • Extreme attention to detail
  • Bachelors and/or Masters in Accounting/Finance/Economics
Responsibilities
  • Lead the US Finance function with responsibilities for the general ledger, AR/AP, and all reporting systems while ensuring compliance with GAAP and internal management reporting requirements
  • Manage monthly financial close in a timely and accurate manner, including preparation of reconciliations of all revenue and expense accounts, fixed assets, prepaids, accruals, journal entries, review of inventory, and variance analysis
  • Work with Accountants on the Finance team to evaluate, develop, and implement accounting policies and controls, including documentation and technical memos
  • Work closely with Facility Operations teams for routine 4-wall location reporting & analysis, including budget vs actual reporting, while ensuring completeness and accuracy
  • Manage revenue recognition and master the order to cash/delivery process
  • Manage annual audit and tax filings with external firms
  • Manage equipment leases and accounting for operating and capital leases
  • Partner with department leaders to understand key issues and business drivers and run point on financial models and forecasts, and increase efficiency of periodic reporting
  • Build, forecast against and maintain annual budgets

Blank Street offers high-quality coffee and food at affordable prices, starting from a small coffee cart in Brooklyn and expanding to major cities like New York and London. The company focuses on efficiency and customer convenience, operating small locations to reduce costs and using an app for ordering ahead and loyalty programs. Blank Street stands out by paying baristas above-market wages, ensuring a motivated workforce. Their goal is to redefine the coffee shop experience by combining quality, affordability, and exceptional service.

Company Stage

Seed

Total Funding

$50.6M

Headquarters

New York City, New York

Founded

2020

Growth & Insights
Headcount

6 month growth

26%

1 year growth

60%

2 year growth

110%
Simplify Jobs

Simplify's Take

What believers are saying

  • Subscription models provide steady revenue and enhance customer loyalty.
  • Expansion into university locations taps into a captive audience of students and faculty.
  • The rise of matcha aligns with health-conscious trends, offering menu diversification opportunities.

What critics are saying

  • Rapid expansion may lead to overextension and financial strain.
  • Subscription programs may not attract enough customers in competitive markets.
  • Focus on matcha may alienate traditional coffee drinkers.

What makes Blank Street unique

  • Blank Street uses automated espresso machines for consistent coffee quality and customer interaction.
  • The company offers a subscription program to attract regular coffee drinkers.
  • Blank Street collaborates with lifestyle brands to enhance brand visibility and engagement.

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