Senior Accountant

Rent the Runway; New York (NY); Hybrid; USD 81,000 - 109,000; Full time

Benefits offered by this job

Paid Time Off

Parental Leave

Sabbatical after 5 years

Employee subscription and rental-discs

Health insurance

401k match

Hybrid work schedule

Job summary

Rent the Runway is searching for a Senior Accountant to join the Finance team in New York. The role supports month-end close, journal entries, and balance-sheet reconciliations, while assisting in audits and budgeting.

You will collaborate across departments on system implementations and reporting accuracy. The ideal candidate has a BA/BS in Accounting or Finance, 4+ years of accounting experience, and strong Excel skills; CPA is preferred.

Qualifications

• BA/BS degree in Accounting or Finance required.
• 4+ years of relevant accounting experience in either public accounting and/or relevant private industry experience.
• CPA license preferred.
• Must be a highly organized detail-oriented self-starter with the ability to work both independently and within a team environment.
• Exceptional Excel skills - must be comfortable with analyzing and manipulating large data sets.
• Experience with a major ERP system preferred.
• Strong work ethic and solutions oriented approach is a must.
• Able and willing to communicate effectively with various internal and external partners at various levels.

Responsibilities

• Support the month end close by preparing ongoing journal entries and accruals for revenue, expense and balance sheet accounts
• Maintain weekly and monthly schedules performing reconciliations of balance sheet accounts including, but not limited to fixed assets, prepaid expenses, other assets, accounts receivable and deferred liabilities
• Investigate reporting discrepancies / anomalies and communicate issues as they arise in a timely manner
• Review invoices, expense reports, and capital expenditures as needed to ensure proper coding and accounting treatment by Accounts Payable
• Assist in the preparation of support for the year-end financial statement audit, as well as any statutory audits that may arise
• Support the planning and budgeting team during the planning and budgeting processes by compiling ad-hoc reports and schedules
• Be a key collaborator for any company-wide system implementations

Skills

Excel

Detail-oriented

Problem solving

Communication

Team collaboration

Education

BA/BS in Accounting or Finance

CPA license preferred

Tools

ERP system

Job description

About Us:

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel and accessories from hundreds of brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times.

About the Job:

We are looking for a Senior Accountant to join our growing Finance team. The Senior Accountant will play a key role in the day-to-day operations of the Accounting group reporting directly to the Manager, Accounting. This is a great opportunity to be a part of a fast-paced, extremely successful, high energy company.

What You’ll Do:

• Support the month end close by preparing ongoing journal entries and accruals for revenue, expense and balance sheet accounts
• Maintain weekly and monthly schedules performing reconciliations of balance sheet accounts including, but not limited to fixed assets, prepaid expenses, other assets, accounts receivable and deferred liabilities
• Investigate reporting discrepancies / anomalies and communicate issues as they arise in a timely manner
• Review invoices, expense reports, and capital expenditures as needed to ensure proper coding and accounting treatment by Accounts Payable
• Assist in the preparation of support for the year-end financial statement audit, as well as any statutory audits that may arise
• Support the planning and budgeting team during the planning and budgeting processes by compiling ad-hoc reports and schedules
• Be a key collaborator for any company-wide system implementations

About you:

• BA/BS degree in Accounting or Finance required
• 4+ years of relevant accounting experience in either public accounting and/or relevant private industry experience
• CPA license preferred
• Must be a highly organized detail-oriented self-starter with the ability to work both independently and within a team environment
• Exceptional Excel skills - must be comfortable with analyzing and manipulating large data sets
• Ability to execute and follow-through on multiple tasks simultaneously
• Strong attention to detail
• Superior problem-solving skills
• Experience with a major ERP system preferred
• Strong work ethic and solutions oriented approach is a must
• Able and willing to communicate effectively with various internal and external partners at various levels

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:

• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Hybrid work - our accounting team have the option to work remotely two days per week, in accordance with Company policies.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

The anticipated base salary for this position is $85,000 to $105,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held.