Manager – General Ledger Accounting

About ThredUp

ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world’s largest online resale platforms for apparel, shoes and accessories. Sellers love ThredUp because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With ThredUp’s Resale-as-a-Service, some of the world’s leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. ThredUp has processed over 172 million unique secondhand items from 55,000 brands across 100 categories. By extending the life cycle of clothing, ThredUp is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

Recognized on TIME Most Influential Companies of 2023,  Digiday’s WorkLife 50 2023, TIME’s Best Inventions of 2022, and Lattice’s People Success Awards 2022.

How You Will Make An Impact 

At ThredUp, the accounting team is all about working together to solve problems and improve processes. As the GL Accounting Manager, reporting to the Senior Accounting Manager, you will be working closely with various business partners and key stakeholders and be responsible for driving the monthly and quarterly close activities, performing analytical reviews and variance investigations as needed, maintaining accounting policies and procedures, and help refine our processes with an eye toward scalability, efficiency, and compliance with our internal control guidelines. The ideal candidate will have a strong working knowledge of U.S. GAAP and is a demonstrated leader who excels in managing people and can exceed goals in a fast-paced environment.

In This Role You’ll Get To:

• Lead and manage the monthly close process, including maintenance of close calendars and checklists. Prepare/review booking of journal entries, account reconciliations and analysis of results, ensuring the completeness, accuracy, and appropriateness of supporting documentation to support the accuracy of the consolidated trial balance.

• Manage, coach and mentor team that is responsible for prepaid expenses, supply chain/inventory, other assets, fixed assets, accruals, and equity.

• Perform accounting research and provide technical guidance, as needed, while facilitating the accounting team’s commitment to timely and accurate processing of accounting transactions in accordance with GAAP

• Manage the monthly consolidation and inter-company reconciliation for our subsidiaries.

• Collaborate with FP&A and business partners to generate, record, reconcile, and maintain accrual balances and assist with monthly budget versus actual analyses.

• Support internal and external quarterly reviews and annual audits of the company’s financial statements, including preparation of audit schedules/footnotes and responding to auditor questions and requests.

• Assist in the development and implementation of internal controls, keeping a SOX state of mind.

• Proactively identify issues and areas for improvement within the close process to accelerate the close timeline and implement accounting process improvements.

• Review, update and maintain financial policies and procedures to ensure compliance with company policies and SOX

• Collaborate with various teams on system implementations, ad hoc projects and strategic analyses

What We’re Looking For:

• Bachelor’s degree in accounting, business or finance, with CPA preferred

• 6+ years of progressive accounting experience, including management experience, with at least three years in public accounting (Big 4)

• In depth GAAP knowledge

• Strong proficiency in Microsoft Office products (Excel and Word)

• Experience with Netsuite and Coupa, a plus!

• Ability to proactively and creatively approach problem solving in order to execute multiple tasks and adhere to strict deadlines in a fast-paced, changing environment.

• Must have excellent critical thinking and time management skills, as well as strong written and oral communications skills, including the ability to work collaboratively and build strong relationships across the organization.

• Must have strong organizational, leadership, and interpersonal skills.

At ThredUp, your base pay is one part of your total compensation package. This role pays between $134,000 and $170,000, and your actual base pay will depend on your skills, qualifications, experience, and location.

Many ThredUp employees also have the opportunity to own shares of ThredUp stock, ThredUp employees are eligible for discretionary restricted stock unit awards, as well as a discount when purchasing ThredUp stock if voluntarily participating in ThredUp’s Employee Stock Purchase Plan. Subject to eligibility requirements, you’ll also receive other benefits: Comprehensive medical & dental coverage, vision, 401k, life and disability insurance.

This role is not eligible for visa sponsorship.

What We Offer:

• 4-day work week, with Fridays off

• Hybrid work environment: 3 days in the office and 1 day remote each week

• Competitive salary (we leverage market data)

• Many ThredUp employees also have the opportunity to own shares of ThredUp stock and are eligible for discretionary restricted stock unit awards

• Employee stock purchase plan

• Flexible PTO (take the time you need) + 13 company holidays

• Paid Sabbatical after 3 years of full time employment

• Generous paid parental leave for new mothers and fathers

• Medical, dental, vision, 401k, life and disability insurance offered

• We live by our Core Values of Transparency, SpeakingUP, Thinking Big, Infinite Learning, Influencing Outcomes & Seeking the Truth

We believe diversity, inclusion and belonging is key for our team

At ThredUp, our mission has been built on extending the lives of millions of unique clothing items. Much like our inventory, we are proud to have fostered a workplace that is one-of-a-kind. As a company focused on diversity, inclusion and belonging, we are committed to ensuring our employees are comfortable bringing their authentic selves to work every day. A unique perspective is critical to solving complex problems and inspiring a new generation to think secondhand first. Be you.

If you are a candidate with a disability and have a reasonable accommodation request for the job application process, please email [email protected] the specific details of your disability related accommodation request. This email address is reserved for candidates with disabilities only. General application inquiries will not receive a response.