Thrive Market

Senior Accountant

Los Angeles, California, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
E-commerce, RetailIndustries

Requirements

Candidates should have 3+ years of relevant accounting experience, with Big 4 experience preferred. A strong accounting knowledge and understanding of GAAP are required, along with proficiency in Excel, including Pivot Tables, VLookUp’s, and Sumifs. A CPA or progress towards obtaining a license is preferred. The ideal candidate will possess an analytical mindset, the ability to work under pressure in a deadline-driven environment, and excellent critical thinking, problem-solving skills, and attention to detail. Prior experience in e-commerce or CPG is a plus.

Responsibilities

The Senior Accountant will be responsible for monthly financial closing activities, procedures, journal entries, and account reconciliations. This role involves performing weekly procedures to reconcile eCommerce activities and supporting the annual audit process. Key responsibilities include leading accounting for Fixed Assets, Payroll and benefits, certain accruals, and other accounting tasks. The position will also contribute to department and organization special projects, help implement internal controls through policies and procedures, and create best practice procedures for accounting activities, recommending process improvements.

Skills

Financial Closing
Account Reconciliations
Financial Statements
US GAAP
Internal Controls
Fixed Assets
Payroll
Benefits Accounting
Accruals

Thrive Market

Online grocery retailer for organic products

About Thrive Market

Thrive Market operates an online platform for purchasing organic and non-GMO food products, catering to health-conscious individuals and families. Customers pay an annual membership fee to access a wide variety of grocery items, often at prices up to 30% lower than traditional retailers, thanks to a price matching policy. The platform also features services like 24/7 access to a personal shopper, known as a Thrive Guide, and fast, carbon-neutral shipping, which enhance the shopping experience. Thrive Market stands out from competitors by focusing on organic and sustainably sourced products, aligning with the growing consumer trend towards healthy eating and convenience. The company's goal is to make healthy living accessible and affordable for everyone.

Los Angeles, CaliforniaHeadquarters
2013Year Founded
$234.8MTotal Funding
CONVERTIBLECompany Stage
Food & Agriculture, Consumer GoodsIndustries
501-1,000Employees

Benefits

Health Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Mental Health Support
Employee Discounts

Risks

Increased competition from Amazon Fresh and Walmart Grocery threatens market share.
Dependence on membership fees is risky during economic downturns.
Supply chain disruptions could affect product availability and customer satisfaction.

Differentiation

Thrive Market offers 70+ filters for personalized diet and lifestyle shopping.
The company provides carbon-neutral shipping, enhancing its eco-friendly brand image.
Membership model includes price matching, offering competitive pricing to customers.

Upsides

Partnership with Instacart enhances brand visibility and provides a new revenue stream.
Collaboration with rePurpose Global aligns with consumer demand for sustainability.
Exclusive collaborations, like with LesserEvil, tap into the growing healthy snacks market.

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