Eight Sleep

Senior Accountant

United States

$70,000 – $120,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Consumer Goods, Financial ServicesIndustries

Position Overview

  • Location Type: Remote
  • Job Type: Full-Time
  • Salary: $70K - $120K

Eight Sleep is the world’s first sleep fitness company. Our mission is to fuel human potential through optimal sleep. We use innovative technology, detailed design, and proven science and data to personalize and improve each night for everybody—changing the way people sleep forever and for the better. With our flagship product, the Pod, we are addressing critical sleep issues such as temperature regulation, bed elevation, snoring reduction, and the wake-up experience. Hundreds of thousands of customers around the world sleep better every night thanks to the Pod. But we’re just getting started. We’re committed to developing more groundbreaking products to tackle additional sleep problems, changing the role sleep plays in our lives forever. We’re excited about the journey ahead and the impact we can make as we continue to innovate and expand our offerings to fulfill our mission. We are backed by leading Silicon Valley investors like YC Combinator, Founders Fund, Valor, and Khosla Ventures, and we have been recognized as one of Fast Company’s Most Innovative Companies in 2018, 2022, and 2023. The Pod was also recognized two years in a row by TIME’s “Best Inventions of the Year.” We currently sell the Pod in the United States, Canada, the United Kingdom, Europe, and Australia.

Requirements

  • (Details are missing from the provided text)

Responsibilities

  • Prepare, review, and analyze monthly, quarterly, and annual financial statements.
  • Ensure timely and accurate month-end and year-end close processes.
  • Maintain the general ledger, ensuring all financial transactions are properly recorded and classified.
  • Perform monthly sales to cash receipts reconciliation.
  • Perform monthly fulfillment information to sales order for revenue recognition.
  • Perform balance sheet reconciliations, including bank accounts, inventory, and accruals.
  • Ensure compliance with GAAP, tax regulations, and internal policies.

Application Instructions

  • (Details are missing from the provided text)

Company Information

  • Company: Eight Sleep
  • Mission: To fuel human potential through optimal sleep.
  • Industry: Sleep Technology
  • Recognition: Recognized as one of Fast Company’s Most Innovative Companies (2018, 2022, 2023) and TIME’s “Best Inventions of the Year.”
  • Investors: Backed by YC Combinator, Founders Fund, Valor, and Khosla Ventures.
  • Current Markets: United States, Canada, United Kingdom, Europe, and Australia.
  • Work Environment: Intense, demanding, and ambitious, with potential for up to 60 hours per week. Emphasizes a "Mamba Mentality" – striving to be in the top 1% of performance.

Skills

Financial Statements
General Ledger
Reconciliation
Revenue Recognition
GAAP
Month-End Close
Year-End Close

Eight Sleep

Personalized temperature control for better sleep

About Eight Sleep

Eight Sleep focuses on enhancing sleep quality through its main product, The Pod, which is a bed accessory that allows users to control the temperature on each side of the bed. This temperature can be adjusted between 55°F and 110°F, catering to individual preferences for a more comfortable sleep experience. The Pod also tracks sleep patterns and provides health insights, helping users understand their sleep quality and trends. It includes features like a gentle vibration and thermal alarm for waking up. Eight Sleep differentiates itself from competitors by offering a direct-to-consumer sales model with flexible payment options and a risk-free 30-night trial, making it easier for customers to try their product. The company's goal is to improve sleep quality and overall wellness for its users.

New York City, New YorkHeadquarters
2014Year Founded
$157.6MTotal Funding
SERIES_CCompany Stage
Consumer Software, Healthcare, Consumer GoodsIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Unlimited Paid Time Off
Commuter Benefits
Parental Leave
Company Equity

Risks

High price point of Pod 4 Ultra may limit market penetration.
Expansion into UAE may face cultural and regulatory challenges.
Reliance on direct-to-consumer sales could be vulnerable to shifts in buying behavior.

Differentiation

Eight Sleep offers personalized temperature control with The Pod, enhancing sleep quality.
The Pod provides sleep and health insights, setting it apart in the wellness market.
Eight Sleep's direct-to-consumer model includes flexible payment options and risk-free trials.

Upsides

Expansion into the UAE indicates growing international presence and revenue potential.
Partnership with athletes like Taylor Fritz boosts brand visibility in sports sectors.
Continuous product improvement with Pod 4 Ultra positions Eight Sleep as a tech leader.

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