Full-Time

Accounting Manager

Posted on 3/26/2024

Weee!

Weee!

501-1,000 employees

Online marketplace for Asian and Hispanic groceries

No salary listed

Mid, Senior

Fremont, CA, USA

Category
Financial Accounting
International Accounting
Management Accounting
Accounting
Required Skills
SAP Products
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in Accounting or Finance
  • 5+ years of progressive accounting experience with a portion of it being in a supervisory role
  • Thorough knowledge of U.S. GAAP, Advanced computer skills on MS Office, accounting software and databases
  • Excellent verbal and written communication abilities across all level of an organization
  • Strong leadership skills with a dedication to driving and achieving results
  • Knowledge of employee relationship building and performance management techniques
  • Advanced Microsoft Excel skills
  • Experience in SAP, or similar ERP/process system preferred
  • Demonstrated ability to take initiative and ownership with focus on continuous improvement
  • Proven ability to partner with cross-functional teams, including sales, sales operation, legal, HR, payroll, accounting and finance
Responsibilities
  • Oversee the international accounting function responsible for accurate and timely completion of period end close with clearly defined responsibilities, processes, documentation and controls
  • Prepare and review journal entries, account reconciliations, roll-forwards, P&L and balance sheet flux and variance analysis
  • Lead new accounting initiatives and business processes including the design, implementation and maintenance of key finance and reporting systems, with a focus on scalability and operational efficiency
  • Advise on local and country-specific accounting and corporate matters, including functional currency considerations, entity setup, intercompany entries, forex matters, statutory filings, etc
  • Participate in designing and implementing internal controls and documentation
  • Manage the local statutory audits and compliance needs
  • Be part of the team that owns the record to report process. Prepare and present the income statement, balance sheet and cash flow statement of the subsidiary entities as well as participate in preparation of the consolidated financial statements
  • Lead or assist on special projects as needed (e.g. compliance filings, entity set up, system implementation, process memorandum, etc)
  • Analyze, account, and review for material expense contracts to ensure the vendor spend is properly accounted for in accordance with GAAP and in compliance with Company’s internal policies
  • Review signed arrangements and document any non-standard terms which require separate accounting entries/actions
  • Maintaining the Company’s accounting policies which includes adoption of new accounting standards and updating the Company’s accounting policies as disclosed in its financial statements
  • Responding to technical accounting inquiries from external and internal parties and explaining technical accounting matters and concepts to all levels within the organization
  • Research and prepare technical accounting memos for transactions with significant judgment
  • Ensure the integrity of key processes by understanding systems, flow of transactions, internal controls, etc
  • Be a change agent for implementing new insights and process improvements in an increasingly sophisticated environment
  • Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships

Weee! is an online grocery platform that focuses on providing Asian and Hispanic groceries to customers in North America. It offers a variety of products, including snacks, beverages, and health items, sourced from countries like China, Mexico, and Japan. Weee! stands out by offering free delivery and no additional fees, which attracts price-sensitive customers and builds loyalty. The company's goal is to be the leading destination for ethnic groceries, catering to the diverse needs of multicultural communities.

Company Size

501-1,000

Company Stage

Series E

Total Funding

$835.1M

Headquarters

Fremont, California

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Weee! raised $425M in Series E funding, boosting its growth potential.
  • The rise of social commerce offers new engagement opportunities for Weee! with customers.
  • Increased mobile app usage enhances demand for Weee!'s user-friendly shopping platform.

What critics are saying

  • Increased competition from niche eGrocery startups could erode Weee!'s market share.
  • Rapid growth of California agrifoodtech startups may pressure Weee! to innovate.
  • Large VC funds supporting new entrants could intensify competition in the eGrocery space.

What makes Weee! unique

  • Weee! offers zero fees and free delivery, enhancing customer loyalty.
  • The platform specializes in Asian and Hispanic groceries, catering to multicultural communities.
  • Weee! sources products directly from suppliers, ensuring high-quality and fresh offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Phone/Internet Stipend

Company Equity

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-2%
Press Hook
Sep 11th, 2023
Everyday People Coffee & Tea Now Available On Weee! Online Grocery

Everyday People Coffee & Tea is proud to partner with Weee!

PR Newswire
Jul 26th, 2023
Goodwater Raises Over $1 Billion To Support Consumer Technology Startups Globally

Goodwater's integrated services help early and growth stage founders and management teams win massive consumer marketsBURLINGAME, Calif., July 25, 2023 /PRNewswire/ -- Goodwater , the largest venture capital fund exclusively focused on consumer tech investments, announced today that it has raised over $1 billion across its family of early and growth stage funds. With this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a clear consumer tech focus and global reach, the firm has backed 79 early and growth stage startups in 19 countries around the world. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, the firm now manages over $3.3B in committed capital and continues to scale as much of the venture industry is slowing.Goodwater's founding partners: Eric Kim and Chi-Hua Chien."During a tough time in the market we are ready to support the very best early and growth stage consumer tech startups with $1 billion of fresh capital. We appreciate the support and trust placed in us by our Limited Partners. This new capital will fuel our global investing approach and strengthen our position as the best consumer tech investing platform in the world," said Chi-Hua Chien, Co-Founder & Managing Partner."With our laser focus on consumer tech, global portfolio of companies building market-leading digital consumer utilities, and software-enabled platform, we are energized to champion the success of the most promising consumer tech startups around the world," added Eric Kim, Co-Founder & Managing Partner

AgFunder News
Apr 12th, 2023
Data Snapshot: Almost Half Of All Agrifoodtech Vc Investment In The Us Goes To California Startups

Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports.Startups in California — and more specifically Silicon Valley — scooped up almost half of all VC funding for US companies in 2022, according to AgFunder’s Global AgriFoodTech Investment Report 2023. US startups raised $12.4 billion in funding last year; California startups took $5.3 billion of that capital, a figure almost twice as big as the second-largest global market, India.California’s dominance shouldn’t surprise too much, given its deep roots both in agriculture and tech. The Golden State produces more than 400 commodities including dairy, rice and cattle in addition to more than one third of the country’s vegetables and three quarters of US fruits and nuts

AgFunder News
Dec 28th, 2022
2022’S 5 Biggest Foodtech Deals

Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports.Agrifoodtech investors took a major interest in eGrocery and restaurant marketplaces in 2022 — at least for the first part of the year. AgFunder data shows that three of the top five 2022 deals for agrifoodtech were in these food delivery sectors. Collectively the top 2022 deals totaled $2.79 billion and were split across North America, Asia and Oceana

PYMNTS
Oct 11th, 2022
Egrocery Startups Push Niche Innovations To Swipe Share From Walmart, Amazon

As consumers increasingly look to digital channels to meet their grocery needs, small, specialized players are getting creative in their efforts to gain share from category giants by promising very specific benefits and advantages. But it’s not just customers that are taking note of the trend, as sustainability-focused eGrocer The Rounds, which promises reusable and refillable containers to minimize waste, announced in a blog post Wednesday (Oct. 5) that it had booked a $38 million Series A fundraise to further drive its expansion plans

INACTIVE