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E-Commerce Accountant

Flip Fit

Flip Fit

Accounting & Finance
El Segundo, CA, USA
Posted on Tuesday, October 24, 2023
As an E-Commerce Accounting Intern at Flip, you will embark on an exciting career path in finance, primarily focusing on e-commerce financial operations. This role will provide you with hands-on experience in managing financial transactions, maintaining records, and contributing to the financial success of our e-commerce business. You will work closely with the finance team to support various accounting functions. Responsibilities
  • Financial Transactions:
  • Assist in recording and reconciling daily e-commerce sales transactions
  • Learn to manage refunds, chargebacks, and returns while ensuring accurate accounting treatment
Record Keeping:
  • Help maintain organized and up-to-date financial records for the e-commerce division
  • Support inventory management by updating records and assisting with periodic audits
Expense Tracking:
  • Assist in reviewing and processing e-commerce-related expenses, such as sales, marketing, shipping, and fulfillment costs
  • Learn to monitor discretionary spending and contribute to cost control efforts
Tax Compliance:
  • Prepare sales tax reports in excel
  • Gain exposure to the preparation and filing of sales tax returns and related documentation
Reconciliation:
  • Work with guidance to reconcile bank accounts, payment processor statements, and other financial accounts, including inventory reconciliations and other balance sheet accounts
  • Help investigate and resolve discrepancies and variances
Audit Support:
  • Assist with internal and external audits related to e-commerce transactions and financial records
  • Provide documentation and explanations as needed
Systems and Tools:
  • Utilize accounting software (Quickbooks Online, Bill.com, and 3rd-party payment processors) and e-commerce platforms to streamline financial processes
  • Stay curious about software and industry developments to enhance your skills
Cross-Functional Collaboration:
  • Collaborate with different departments to support financial data collection and analysis for the e-commerce division

Qualifications
  • Bachelor's degree in Accounting, Finance, or a related field (entry-level candidates are welcome)
  • At least 1 year of experience in the accounting field.
  • Strong desire to pursue a career in accounting or finance
  • Basic understanding of accounting principles and concepts
  • Proficiency in Microsoft Excel
  • Proficiency in Quickbooks Online and Bill.com preferred, but not required
  • Proficiency in Brex and 3rd-party payment processor preferred, but not required
  • Strong attention to detail and organizational skills
  • Excellent communication and willingness to learn
  • Enthusiasm for working in a fast-paced e-commerce environment