Job Description
Help empower our global customers to connect to culture through their passions.
Why youll love this role
Were looking for a detail-oriented Senior Accountant to join our Revenue & Platform Accounting team. In this role youll contribute to key areas of StockX order-to-cash, spanning payment processor reconciliations, exception resolution, and other revenue related transactions across the StockX platform (a high volume, multi-currency global marketplace). Youll work at the intersection of accounting and data, partnering closely with business teams to stay ahead of platform changes and design processes to accurately account for existing and new products. With revenue touching all parts of the business, this role offers a unique opportunity to collaborate with business teams to shape how accounting scales inside a fast-paced company and be a champion for our customers, external and internal alike.
What youll do
- Perform end-to-end monthly close responsibilities for StockX platform activity including preparation and posting of journal entries, reconciliation of payment processor receivables, and reconciliation of associated balance sheet accounts
- Collaborate internally and with cross-functional business partners to streamline processes and contribute to an efficient, effective, and accurate month end close
- Research and drive resolution of exceptions with key cross-functional stakeholders in Customer Service, Inventory Control, and Transportation
- Assist with external audit requests, including preparing supporting schedules and documentation
- Partner with Data Engineering and Product teams to implement accounting changes stemming from platform and product updates, designing data flows, proactively flagging exposures, and addressing exceptions as encountered
- Participate in special projects, user acceptance testing for new products, and analysis and reporting as needed
- Help shape the future of the Platform Accounting team as a global workforce
About you
- Bachelors Degree (or equivalent) in Accounting or Finance and 3+ years of progressive experience in US GAAP accounting
- Basic knowledge of US GAAP (with a focus onASC 606) required, or ability to learn US GAAP from a foundation in IFRS and/or Ind AS
- Strong problem solving skills and experience analyzing high volume, multi-currency transactions in a global business environment using Excel and data visualization tools
- Energized by operating in an ambiguous, high-growth environment and the opportunity to build out new processes
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- Excellent written and spoken English, confidence working with internal stakeholders and comfort working across international time-zones and occasional US-based scheduling
- An interest in using new technologies, such as AI and automation tools, to make reconciliations, journal preparation, and workflows more efficient while ensuring completeness & accuracy and protecting confidential data.
- Big 4 Accounting firm and/or marketplace experience; CA/CMA certified or in the process of attaining a plus
- Experience with payment processing platforms in a reconciliation and exception resolution capacity
- Experience working directly with non-finance business partners to communicate accounting impacts in digestible real world and drive resolution
StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, accessories, electronics, collectibles, trading cards, and more. StockXs powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach affords access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from brands including LEGO, KAWS, Bearbrick, and Pop Mart; and electronics from industry-leading manufacturers Sony, Microsoft, Meta, and Apple. Launched in 2016, StockX employs 1,000 people across offices and verification centers around the world. Learn more at www.stockx.com. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. StockX reserves the right to amend this job description at any time. StockX may utilize AI to rank job applicant submissions against the position requirements to assist in determining candidate alignment.
Skills
AccountingGaap AccountingInd AsExternal AuditGaapIfrsInventory ControlMonth End CloseJournal EntriesPayment ProcessingReconciliationsTransactionsUs Gaap AccountingAccountantBalance SheetCaFinanceCashReconciliationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
In finance, stock (also capital stock) consists of the shares of which ownership of a corporation or company is divided.[1] (Especially in American English, the word "stocks" is also used to refer to shares.)[1][2] A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt),[3] or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes of stock may be issued for example without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of shareholders.
Stock can be bought and sold privately or on stock exchanges, and such transactions are typically heavily regulated by governments to prevent fraud, protect investors, and benefit the larger economy. The stocks are deposited with the depositories in the electronic format also known as Demat account. As new shares are issued by a company, the ownership and rights of existing shareholders are diluted in return for cash to sustain or grow the business. Companies can also buy back stock, which often lets investors recoup the initial investment plus capital gains from subsequent rises in stock price. Stock options issued by many companies as part of employee compensation do not represent ownership, but represent the right to buy ownership at a future time at a specified price. This would represent a windfall to the employees if the option is exercised when the market price is higher than the promised price, since if they immediately sold the stock they would keep the difference (minus taxes).
Stocks are a function of capitalism, and therefore the stock market operates by the price mechanism: a stock cannot be classified as an investment unless it pays a dividend – the standard dividend yield being 2% – otherwise, it must be classified as a speculation (gambling). However, if one decides to reinvest the dividends, it is not speculation, and assuming for ceteris paribus, this will lead to an exponential growth of {displaystyle FV=P*(1+r/m)*m*t}, where P is the initial investment, r is the yield, m is dividends per year, and t is number of years. A "dividend king" is a stock which has had an increasing or constant dividend yield for over 50 successive years.
Important dates & deadlines?
Application Deadline
03 Nov 26, 01:22 PM IST
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