Senior Accountant at ibotta

Denver, Colorado, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

TechnologyIndustries

Requirements

3-4+ years of overall general accounting experience
Bachelor’s Degree in Accounting preferred
CPA preferred
Deep understanding of GAAP
Technical Skills: Intermediate Excel, NetSuite preferred
Ability to work in a dynamic and changing environment
Deep understanding of internal controls and SOX compliance
Ability and willingness to meet critical business deadlines
Self-starter who enjoys working in a team environment
Candidates must live in the United States
Located in Denver, Colorado as a hybrid position, requiring 3 days in office (preferred Tuesday and Thursday)

Responsibilities

Oversee monthly accounting close procedures (journal entries, reconciliations, analysis) for capitalized software, expense reimbursements, deferred revenue and other areas as needed
Full ownership of specific focus areas, including the implementation of process improvements
Support leadership with strategic initiatives and accounting department goals
Provide analysis on financial results (trends, performance metrics and benchmarks) as part of the monthly review process with FP&A
Work with external auditors to ensure successful audit results and compliance
Create process documentation and accounting policies and build schedules to support journal entries and analysis
Provide support on special requests and ad-hoc projects as necessary, such as NetSuite billing automation, custom reporting and dashboarding
Strive to continuously improve and automate the accounting and reporting process and instill proper financial controls, wherever possible
Embrace and uphold Ibotta’s Core Values: Integrity, Boldness, Ownership, Teamwork, Transparency & A good idea can come from anywhere

Skills

GAAP

Excel

NetSuite

Journal Entries

Reconciliations

Financial Analysis

Accounts Payable

Process Improvement

Audit Support

Deferred Revenue

ibotta

Shopping rewards app for cash-back offers

About ibotta

Ibotta operates a shopping rewards app that connects brands with millennial consumers by offering cash-back rewards for purchases. Users earn cash back by shopping at partner retailers, which encourages them to shop more often and spend more. Brands and retailers collaborate with Ibotta to promote their products through targeted advertising within the app, especially during major shopping events like Black Friday. Ibotta generates revenue by charging these brands for featured placements and marketing campaigns designed to increase sales velocity and conversion rates. The company aims to enhance brand awareness and drive incremental sales for its clients, making it a significant player in the retail and consumer goods market.

Denver, ColoradoHeadquarters

2012Year Founded

$58.4MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

501-1,000Employees

Benefits

Parental leave

Onsite gym

Dinner perk

Healthcare coverage

Culture club

401(k) match

Team wide bonus

Flexible time off

Equity

Lifestyle spending account

Risks

Increased competition from platforms like Rakuten and Honey could dilute market share.

Reliance on major retailers means disruptions could significantly impact revenue.

Rapid expansion in Denver may lead to increased operational costs and financial strain.

Differentiation

Ibotta offers cash-back rewards, incentivizing frequent shopping and larger purchases.

The Ibotta Performance Network delivers coordinated promotions across multiple platforms.

Ibotta connects brands with millions of millennial consumers, enhancing brand awareness and sales.

Upsides

Ibotta's user base grew by 158%, indicating strong consumer engagement.

Partnerships with major retailers like Walmart and Instacart boost Ibotta's market reach.

Winning the MarTech Breakthrough Award highlights Ibotta's innovation in performance marketing.

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