Full-Time

Senior Accountant

Revenue

Posted on 8/16/2024

Babylist

Babylist

501-1,000 employees

Comprehensive baby registry platform for parents

Education
Consumer Goods

Compensation Overview

$79.7k - $119.5kAnnually

+ Equity + Bonus + Health Insurance + Dental Insurance + Vision Insurance + 401(k) Matching + Paid Leave

Senior

Remote in USA

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • A bachelor's degree in accounting, finance, or a related field is required.
  • CPA is preferred.
  • You should have a minimum of 5 years of experience in general and/or revenue accounting.
  • Must be familiar with media and advertising businesses, agreements, and revenue recognition principles (identifying performance deliverables and recognizing revenue accordingly), including affiliate and digital media.
  • Proficiency in GAAP revenue recognition accounting principles and methods is vital.
  • Proficient with Microsoft Excel/Google Sheets
  • Strong analytical skills, with the ability to interpret data, conduct variance analysis, and make data-driven decisions.
  • Precision and a keen eye for detail are necessary to maintain accurate financial records.
  • Excellent verbal and written communication skills to collaborate with cross-functional teams and present financial data effectively.
  • A proactive problem-solving attitude to address discrepancies and improve processes.
  • The ability to adapt to changing business needs and a dynamic work environment.
Responsibilities
  • Collaborate cross-functionally with the Partnerships and Finance/Accounting teams, ensuring appropriate dissemination of information
  • Research and document complex revenue recognition matters. Work with Accounting Manager to review new revenue agreements and establish appropriate revenue recognition accounting policy.
  • Prepare and update supporting schedules, 606 calculations, and record media (and other) revenue journal entries as part of the accounting month-end close process.
  • Reconcile general ledger balances for media revenue related accounts.
  • Prepare schedules and respond to inquiries received from auditors as part of the year-end financial statement audit.
  • Work with Accounting Manager and business partners (sales team) to develop processes and policies for various types of media contract arrangements.
  • Support process improvements and automation initiatives to enhance the accuracy and efficiency of revenue recognition.
  • Perform Balance Sheet and P&L flux analysis for media, affiliate and other revenue accounts
  • Support accounting team and assist with ad hoc projects on an as needed basis
  • Financial Stewardship: Your meticulous approach to revenue recognition will directly impact the company's financial health.
  • Strategic Decision Support: Your revenue analysis and research will serve as a critical resource for strategic decision-making.
  • Compliance and Auditing: Your commitment to maintaining compliant and accurate revenue records will ensure a smooth auditing process.
  • Cross-Functional Collaboration: Your collaboration with the sales team will foster better communication and alignment within the organization.

Babylist provides a universal baby registry platform that allows expecting and new parents to compile baby products from any store, including popular retailers like Amazon, Target, and Etsy. The platform features an interactive checklist and expert-vetted guides to assist parents in making informed choices about baby gear and essentials. Babylist differentiates itself from competitors by offering a comprehensive solution that combines affiliate marketing, direct sales, and curated product recommendations, generating revenue through affiliate commissions, exclusive curated kits, and advertising partnerships. The company's goal is to simplify the baby registry process for parents, ensuring they have all the necessary items for their growing families while enhancing user engagement with offerings like a free box of goodies for new registrants.

Company Stage

Series C

Total Funding

$38.9M

Headquarters

Oakland, California

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Expectful expands Babylist's offerings into health and wellness.
  • Growing demand for eco-friendly products aligns with Babylist's product recommendations.
  • AI integration can enhance personalized shopping experiences on Babylist's platform.

What critics are saying

  • Increased competition from Lalo could draw customers away from Babylist.
  • Integration challenges with Expectful may distract from Babylist's core business.
  • Reliance on affiliate marketing exposes Babylist to changes in partner terms.

What makes Babylist unique

  • Babylist offers a universal registry platform integrating products from any store.
  • The platform combines affiliate marketing, direct sales, and curated recommendations for revenue.
  • Expert-vetted guides and interactive checklists enhance informed decision-making for parents.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Sick Leave

Remote Work Options

Flexible Work Hours

Wellness Program

Mental Health Support

Company Equity

INACTIVE