Staff Accountant

Staff Accountant

Los Angeles, CA

About the Role

As a Staff Accountant on the Finance team you will support the accounting function, including executing the month-end close cycle, assisting with monthly reporting, managing inventory, daily posting of receipts and payments, and supporting the accounts payable function. This position will also help with monthly budget to actual variance analysis, annual audits and other ad-hoc projects. You will report to the Senior Manager of Accounting and help improve our internal and external financial reporting and workflow automation. We are looking for individuals who thrive in a fast-paced startup environment, catch the smallest details from slipping through the cracks, and above all are driven by solving complex problems.

What You'll Do

• Financial Close & Compliance: Support the month-end and year-end closing processes to consistently meet reporting deadlines and maintain complete audit readiness, which includes handling major balance sheet reconciliations
• Process Improvement: Actively understand, improve, and automate accounting transaction flows and existing manual processes
• Ledger & Vendor Management: Manage Accounts Payable (A/P) and Accounts Receivable (A/R) ledgers, accurately record payments, and efficiently maintain and onboard both vendors and customers
• Fixed Asset Management: Maintain the fixed asset ledger, track capital expenditures, and run monthly depreciation and amortization schedules
• Bank & Cash Management: Perform daily or weekly bank and corporate credit card reconciliations to monitor cash flow
• Variance Analysis: Conduct monthly budget-versus-actual variance analysis on departmental expenses to provide actionable insights to management
• Analysis & Special Projects: Assist in development and implementation of new procedures to enhance the workflow of the finance team and leadership with detailed accounting analyses
• Cross-Functional Support: Communicate with department leads to resolve variances, and assist with the continuous improvement of month end close procedures to shorten the close cycle and maintain accuracy
• This role requires onsite administrative duties, collecting and reviewing finance mail and rectifying outstanding checks and balances
• Assist with ad-hoc special projects

Who You Are

• A Bachelor of Science (B.S.) degree in Finance, Accounting, Mathematics, Engineering, or Computer Science
• 2 to 3 years of proven experience working as a staff accountant
• Demonstrated advanced proficiency in Microsoft Excel
• A strong understanding of full-cycle accounting processes and essential Generally Accepted Accounting Principles (GAAP)
• Hands-on experience executing month-end close and financial reporting procedures
• Strong written and verbal communication skills
• Proven ability to manage multiple competing deadlines, especially during peak close periods

Preferred Qualifications

• Prior experience working with NetSuite and/or other major Enterprise Resource Planning (ERP) software
• Previous experience thriving in a fast-paced start-up environment
• Exposure to Direct-to-Consumer (DTC) business models and merchandising operations

Perks & Benefits at Parachute Home

• Work that fits your life
  • Hybrid schedule with Fridays work-from-home
  • Beautiful HQ in the heart of Culver City, steps from the light rail
  • Dog friendly office
• Take care of you (and your people)
  • Comprehensive medical, dental, vision, and disability coverage
  • One Medical (full health), Kindbody (fertility health), and Talkspace (mental health) memberships for modern, easy access to care
  • Up to 10 weeks of paid parental leave for growing families
• Time to truly unplug
  • Open & flexible PTO take the time you need, when you need it
• Support beyond your paycheck
  • 401(k) through Empower
  • Monthly work-from-home stipend
  • Monthly cell phone reimbursement
• Daily delights
  • Free snacks to keep you fueled
  • Weekly catered lunch to bring everyone together
• Employee Discount
  • Free bedding for a great night's sleep, an incredible employee discount, and $300 in free product every year

Parachute takes a market-based approach to pay, and pay may vary depending on your location. Your actual base salary will depend on factors such as your skills, qualifications, experience, and work location. The estimated pay range for this role is $80,000 - $90,000.

About Us

Parachute is a modern lifestyle brand focused on creating premium, responsibly-made home essentials. At Parachute we exist to fill homes with soft landings. Home is an extension of the self. It offers a sense of belonging and welcomes all with ease and warmth. It's where we recharge, wash off the day and rest up for tomorrow. Home is the most comforting word there is. That's why they say there's no place like it. The unmistakable feeling of home is what inspired us to create Parachute. To responsibly make essential, lasting items that transform a house into a home.