Senior Accountant – Groupon Goods

Chicago, IL, US

Job Description / Skills Required

Requisition ID: R13604
At Groupon, Accounting isn’t your typical month-end close type of department. While we’re focused on providing financial information to the business, that’s only the tip of the iceberg. We’re building out financial systems to support every new business line and product, so our Accountants get a granular view and understanding of how a business is built from the ground up. The knowledge to gain is vast, as is the potential of our organization to continue growing.

Groupon is looking for a talented, highly motivated individual to join its accounting team as a Senior Accountant specifically focused on the Groupon Goods side of the business. The Senior Accountant plays a pivotal role on the team as he/she will play a key role in the month end close process and work with heads of various departments of the Goods business. A diverse background which incorporates skillsets relating to accounting, financial analysis, and technology will be needed in order to perform the functions required of this role.

Core Responsibilities

Responsible for month end close processes surrounding Groupon Goods, including:
Inbound & Outbound freight accruals and capitalization
Reconciliation of fulfillment accruals
Warehouse SG&A expense reporting
Identification and reconciliation of trade accruals
Reconciliation of accounts receivable
Prepaid amortization schedules
Intercompany Transactions
Inventory Reconciliation
Manage quarterly inventory count process
Reviewing daily/weekly/monthly inventory rollforwards
Lower-of-cost-or-market valuations of inventory
Cash reconciliations
Variance analysis on general ledger accounts
Collaborate closely with various departments such as Finance, Legal, Sales, Logistics, and Operations departments to:
Provide explanations and briefs to Finance department on actuals
Review of merchant-related contract revisions affecting accounting
Analyze accounting impact of operational changes and new business ideas
Work with Engineering and Financial Systems teams on:
Ensuring accurate and timely reporting
Building out reporting to facilitate month end and interim assignments
Validate business logic used in operational reports
Become a fundamental fixture in the Goods channel, including developing processes from the ground up and improving work papers based on business changes
Assist management with Sarbanes-Oxley procedures, tax, and audit requests surrounding Groupon Goods
Supervise staff accountants on day-to-day processes
Specific projects and other ad hoc assignments as required
Key Competencies

Sound understanding of US GAAP and general ledger / month-end processes
Ability to work as a team and individually to meet deadlines
Strong communication skills and ability to multi-task in a fast paced environment
Experience with accounting software (preferably NetSuite)
Intermediate to advanced Microsoft Excel knowledge
Strong personality is required; this position is not for the meek of heart!
Education and Experience

Bachelor’s degree in accounting
CPA and Big 4 firm experience is a plus
3-5 years accounting experience

Groupon provides a global marketplace where people can buy just about anything, anywhere, anytime. We’re enabling real-time commerce across an expanding range of categories including local businesses, travel destinations, consumer products, and live or lively events. At the same time, we are providing advertising options and tools that merchants can use to grow and manage their businesses. Culturally, we believe that great people make great companies and that starting with the customer and working backward moves us forward. Community matters to us on an internal, local and global scale—it’s fundamental to our company’s growth and to the well-being of the world at large. We also value self-awareness, candor, lunch and WiFi. If we match with you, please apply to join us.