Accounting Associate

Job Title:

Accounting Associate

About Bombas:

Bombas is a comfort focused premium basics brand with a mission to help those in need. The company launched in 2013, after the founders learned that socks are the #1 most requested clothing item at homeless shelters. From there, they set out to solve that problem, donating a pair of socks for every pair they sell. How do you donate a lot of socks? You sell a lot. And how do you sell a lot? You make the most comfortable socks in the history of feet. Millions of pairs sold and donated later, Bombas has continued to innovate within its mission and product, introducing new socks, as well as underwear and t-shirts, the #2 and #3 most requested clothing items at homeless shelters, all while continuing to make a positive impact on the community where we all work and live.

Click here to see what it's like to work inside the Bombas Hive!

The word Bombas is derived from the Latin word for bumblebees. Bees work together to make their hive a better place. At Bombas, we’re inspired by that. We know it’s the collective efforts of our team that keeps the Hive alive and strong - a team that is diverse and inclusive. Different perspectives strengthen our ability to make the most comfortable versions of the products people wear closest to their bodies every day and to serve the communities where we all work and live. We are committed to continuously building a Hive where all are welcomed, seen, and heard regardless of age, color, ethnicity, gender, gender identity, genetics, physical or mental ability, protected veteran, status, race, religion and sexual orientation. As a team, we will strive to create room for different experiences and empower all voices.

About the Job:

We are looking for an energetic team player to join our Accounting & Finance Team as an Accounting Associate, reporting directly to the Accounting Manager. The ideal candidate has 1 years of experience, ideally in public accounting. This is an opportunity to support the improvement of our general ledger and accounting operations functions, while supporting the company's goals. The candidate should be detail-oriented and adept at multitasking in a fast-paced environment. Owning many areas as a member of a small team, the candidate will support the month-end close process and the completion of account reconciliations, as well as provide assistance in accounting research and ad hoc projects.

What you’ll be responsible for:

• Perform and own multiple areas of the monthly, quarterly, and yearly closes (including, but not limited to, accruals, account reconciliations and analytical reviews)
• Execute bank reconciliations and review bank transactions to ensure accurate classification
• Perform departmental variance analysis to identify trends, opportunities, and potential areas of concern
• Post and process journal entries to ensure all business transactions are recorded on a daily, weekly, and monthly basis
• Partner with FP&A to provide insightful financial analysis to support executive decision-making
• Assist in process improvement and automation efforts to streamline accounting operations and overall workflows and improve the quality of monthly, quarterly, and annual closes, and internal controls
• Support the preparation of monthly, quarterly, and annual financial statements and footnotes in accordance with GAAP
• Support completion of internal and external audit procedures on annual/ ad-hoc basis
• Identify opportunities for process optimization and automation to increase efficiency and accuracy in financial operations.
• Contribute to other ad-hoc projects as needed (i.e. system implementations, compiling internal and external financial data, audit requests, performing various analyses, etc.)
• Areas of focus:
  • Cash
  • Leases 
  • Accrual models - Royalties, Refunds, etc.
  • Flux Analyses
  • Account Reconciliations
  • AP and Sales Cutoff
  • Month-End Close

What we’ll love about you:

• Ability to adhere to tight deadlines
• Considerably skilled in effective verbal and written communications, including active listening and critical thinking to investigate findings and propose solutions
• Ability to establish and maintain harmonious working relationships with co-workers, client staff, and external contacts
• Ability to consistently follow-through, multi-task, effectively balance priorities, and meet tight deadlines
• Belief in our mission and understand the importance of giving-back
• Inquisitive, love to learn, embrace failure, and never give up
• Comfortable working in an open office environment while staying focused

What you’ll love about us:

• We are a team of smart, interesting, diverse, funny, and loving people.
• We offer competitive compensation, employer paid health, medical and dental benefits, 401k with match, paid parental leave, snacks, socks and a fun, relaxed office environment.
• We take the responsibility to make sure you are excited, happy, and find fulfillment in your work very seriously.
• We value fun. This is why we host office lunches, offsite team outings and company retreats.
• We believe in giving back to the community and helping those in need, which is why we volunteer as a team regularly.
• We believe success comes from the collective effort of all, which is why all full-time employees receive equity in the business.
• We offer flexible paid time off for all full-time employees. This includes 20 paid company holidays and unlimited vacation, sick, and wellness days because we understand the value of health, relaxation, spending time with friends and family, and traveling the world.
• We understand the importance of communication and offer a monthly phone stipend for all full-time employees.
• We believe a healthy body equals a healthy mind, so we offer a $100 monthly wellbeing reimbursement to all full-time employees.
• We will support you in your testing process for your CPA license if you have not yet sat for all the exams.

What you’ll bring:

• Bachelor's degree in Accounting or related field; required
• 1 years of experience, preferably in public accounting
• Exceptional knowledge of US Generally Accepted Accounting Principles (GAAP)
• Highly proficient with Microsoft Office including, Excel, Word, and PowerPoint
• Experience with NetSuite; a plus

Bombas is committed to delivering competitive and equitable pay for our employees.

Each component of the Bombas total rewards package, including benefits and pay, is aimed at contributing to an environment where team members have resources to  manage their lives and are enabled to focus on doing their best work.

The pay range for this position at the start of employment is expected to be between $60,000 and $68,000/year. However, the base pay offered may vary depending on multiple factors, including job-related knowledge, skills, experience, market factors, and business need.

The Bombas total rewards package offered for this position may also include other elements, such as annual bonus and equity target award opportunities as well as medical, financial, and well-being benefits. Additional details of these benefits will be provided if a candidate receives an offer of employment.

If hired, the position is “at-will” and the Company reserves the right to modify any component, plan, or program of the total rewards package at any time, for any reason.

Salary : $60,000 - $68,000