Job Details

Company Overview

Payability empowers eCommerce sellers with flexible funding and tailored cash flow solutions. Since our founding in 2015, we have helped thousands of eCommerce sellers scale their businesses by providing over $6 billion in funding to date. Payability is fully remote and we are looking for talented people to join our dynamic team. We are on a mission to provide capital and payment solutions for eCommerce sellers, suppliers and merchants; powered by automation, delivered friction-free.

Payability is an equal opportunity employer.

Position Overview

We are looking for an energetic, proactive and diligent Senior Accountant to join our finance team. This position will report to the Head of FP&A. As Senior Accountant, you'll play a key role in managing our end-to-end accounting operations - owning the month-end close process, assisting in treasury operations, and preparing for our annual financial audit. This is a high-impact, hands-on role where you'll work closely with cross-functional teams to ensure financial accuracy, process efficiency, and regulatory compliance. You will be empowered and challenged to build and automate your own workflows, enhance internal reporting, facilitate cost control, and realize process improvements.

Responsibilities

• Lead the monthly, quarterly, and year-end close processes, ensuring timely and accurate reporting in accordance with GAAP. This includes reconciling operational data, preparing and recording journal entries, maintaining and reconciling general ledger accounts and performing variance analysis to budget and prior periods.
• Own the preparation of financial statements in accordance with GAAP. Assist in the development and preparation of internal financial reports for management and investors.
• Coordinate and manage the annual financial statement audit and semi-annual bank audits, acting as the key point of contact with external auditors.
• Maintain and reconcile the accounts payable ledger to ensure that all bills and payments are properly approved, paid timely, and recorded in the right period.
• Implement and maintain effective internal controls, including segregation of duties, reconciliation and review processes, and process automation. Contribute to the ongoing development of accounting policies and procedures, including process improvements and automation initiatives to scale accounting operations as the company grows.
• Work closely with the Head of FP&A to monitor compliance with debt covenants, and serve as a fully-trained backup for daily borrowing base reporting.
• Support daily treasury operations including cash flow tracking, payments processing, and bank reconciliations.
• Other duties as assigned, including support for ad-hoc projects

Requirements

• Bachelor's degree in Accounting
• 4-6 years of progressive accounting experience, ideally with a mix of public accounting and in-house roles
• Active CPA license preferred, must have passed all sections of the exam
• Skilled with spreadsheets and queries to extract, manipulate and transform data
• Excellent analytical and problem solving skills
• Must be detail-oriented and produce accurate and timely work
• Adaptable and able to thrive in a rapidly changing environment
• Operates with a sense of urgency while managing multiple priorities
• Ability to work independently with minimal direct supervision
• Effectively communicates and collaborates across the organization
• Highly motivated, intellectually curious, and a team player
• Experience with Quickbooks Online preferred

Measurements of Success

• Timely completion of month end close, producing accurate financial reporting and GAAP financial statements
• Maintenance of reconciliations to ensure accuracy and variance resolution
• Continual process improvement and automation to reduce time spent on manual duties and recurring processes
• Adherence to internal controls, supporting accountability to budget
• Completion of annual financial statements audit and bank collateral audits with no significant findings
• Seamlessly supports daily treasury operations to ensure timely payments and effective cash management
• Ability to complete daily borrowing base process independently, as needed (backup)

Benefits

• Base salary range: $80,000 to $100,000
• Quarterly bonus potential based on achievement of company OKRs
• Opportunity to participate in company equity
• Full benefits: health (employee coverage fully paid by company), dental, vision
• 401(k) plan
• Paid Time Off and Company Holidays