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Full-Time

Senior Accountant

Posted on 6/27/2024

Turo

Turo

1,001-5,000 employees

Peer-to-peer car sharing platform for rentals

Automotive & Transportation
Consulting
Crypto & Web3
Real Estate
Consumer Goods

Compensation Overview

$117k - $131.5kAnnually

+ Equity

Senior

San Francisco, CA, USA

Category
Financial Accounting
Accounting
Required Skills
NetSuite
Coupa
Requirements
  • Bachelor’s degree in Accounting, Finance and/or Business
  • Experience working with NetSuite, or another large-scale accounting system
  • Experience working with Coupa is preferred
  • Experience working in the tech industry in a fast-paced environment
  • Must have experience posting journal entries, reconciling balance sheet accounts, making accruals, and building high quality working papers
  • High attention to detail, critical thinking, problem solving and analytical skills. Ability to manage multiple priorities under tight deadlines
  • Team player who works well with cross functional teams and external business partners. Confident communicator
  • Comfortable navigating uncertainty. Embraces change and approaches work with a continuous improvement mindset
  • Ability to work independently
  • Curious; wants to learn; aspires to build and create processes in a fast-growing organization
  • Prioritizes developing clean, accurate and auditable working papers
Responsibilities
  • Responsible for the USA general ledger including posting journal entries and reconciling balance sheet accounts on a monthly basis
  • Partner with Procurement and Accounts Payable teams to ensure invoice coding accuracy
  • Develop new processes to improve month-end close efficiency
  • Support accurate and timely accounting close activities
  • Support ad-hoc projects for process improvements
  • Support external audit requirements

Turo operates a peer-to-peer car sharing platform that allows private car owners to rent out their vehicles to others. Car owners can list their vehicles, set rental prices, and determine availability, while renters can browse these listings to find a car that meets their needs for a short period. Turo facilitates the rental process by providing insurance coverage and customer support, ensuring a smooth transaction for both parties. The company earns revenue by taking a percentage of the rental fees, which aligns its interests with those of its users. Turo stands out from traditional car rental companies and other peer-to-peer platforms by offering a diverse range of vehicles, including everyday cars, luxury options, and specialty vehicles. The goal of Turo is to provide a flexible and cost-effective alternative to traditional car rentals, leveraging the sharing economy to connect car owners with renters.

Company Stage

Private

Total Funding

$746.3M

Headquarters

San Francisco, California

Founded

2009

Growth & Insights
Headcount

6 month growth

4%

1 year growth

8%

2 year growth

25%
Simplify Jobs

Simplify's Take

What believers are saying

  • Turo's expansion into international markets like France and Canada indicates strong growth potential and global reach.
  • Partnerships with major airports and travel brands like Warner Brothers and WestJet enhance Turo's brand recognition and customer base.
  • The platform's user-friendly interface and robust support services ensure a seamless experience for both car owners and renters, fostering customer loyalty.

What critics are saying

  • The highly competitive market, including traditional rental companies and other peer-to-peer platforms, could limit Turo's market share.
  • Dependence on partnerships with airports and travel brands may pose risks if these collaborations do not yield expected results.

What makes Turo unique

  • Turo's peer-to-peer model offers a diverse range of vehicles, from everyday cars to luxury options, unlike traditional rental companies with limited fleets.
  • The company’s commission-based revenue model aligns its interests with users, ensuring mutual benefit from successful transactions.
  • Turo's strategic partnerships with major airports and travel brands enhance its visibility and accessibility, setting it apart from other car-sharing platforms.
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