Accounts Payable Lead

Weee
US - California - Fremont
December 21, 2024

About Weee!

Weee! is the largest and fastest-growing ethnic e-grocer in the United States, operating in one of the largest underserved categories in retail with affordable access to exciting ethnic food. By partnering with local suppliers, redesigning the value chain and leveraging social buying, Weee! is reshaping the grocery business entirely. You can read more about us on Business Insider, Reuters and TechCrunch.

Weee! is headquartered in Fremont, CA, and is currently available coast to coast with exceptional growth (5x YoY) across geographies, categories and ethnicities. We have raised $800M+ in funding to date from leading investors including Softbank Vision Funds, DST, Blackstone, Tiger Global, Lightspeed Ventures, Goodwater Capital, XVC and iFly. The opportunity now is to join a rocketship as we prepare for the next stage of growth, and an eventual public listing.

Location: Fremont, CA; 5 days onsite requiredAbout the role

The position will be working under the supervision of the Accounts Payable Manager to support the department in the efficient and accurate processing of accounts payable transactions along with having an active role in best practice solutions and providing leadership skills to the team.
Responsibilities

Overseeing the day-to-day operations of the accounts payable department.
Lead vendor account balances verification by reconciling monthly statements against the AP Aging Report.
Maintain good relationships with vendors and internal stakeholders and respond to inquiries in a timely manner.
Assist in misc. accounting tasks and ad-hoc reporting as needed.
Responsible for verification of any changes around vendor updates (banking details, address, etc.);
Validate incoming vendor invoices; to include 3-way matching, obtaining appropriate documentation, credit memos for discrepancies, and work closely with the merch team on price/quantity review(s) and tickets.
Review and verify non-PO related invoices for accuracy.
Assist with the weekly preparation for payment proposal(s).
Maintain documented best practices, identify inefficiencies, and recommend changes for review by management.
Maintaining compliance with company policies and accounting standards.
Act as a main point of contact while working closely with the AP Manager to resolve AP related issues.
Heavy focus on AP Aging Report reviews and reconciliations; ensuring aged payables are resolved, proper review and reconciliation processes are in place. To include, communication internally and externally along with assisting with write-offs.
Compliance with statutory requirements; to include issuance of 1099s, collections of W-9 and W-8's.

Qualifications

4+ years accounts payable experience
College degree, preferably in accounting, finance or equivalent years of experience
SAP experience preferred.
Proficient skills with MS Excel and MS Word
Attention to detail, organized, and high level of accuracy.
Demonstrated ability to succeed in a fast-paced, entrepreneurial business.
Proficiency in reading, writing, and speaking of both English and Mandarin Chinese is highly desired.
Strong leadership skills with the ability to motivate and mentor team members.
Demonstrate strong customer service skills, critical thinker, and problem solver.
Strong understanding of accounting principles and procedures

Benefits

Comprehensive health insurance package, including medical, dental, and vision. PPO/HMO packages
401k, 4% company match
Bonus Plan
Vacation, sick and holiday time off
Monthly mobile stipend
Monthly Weee! Points credits

Compensation Range

The US hourly range for this full-time position is $29/hr - $34/hr
This role may be eligible to discretionary bonus and benefits
Our salary ranges are determined by role, level, and location

The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience and work locations. Your recruiter can share more about the specific salary range during the hiring process.

Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.

Weee! is an equal opportunity employer welcoming all qualified applicants regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. Discrimination or harassment of any kind is not tolerated at Weee!. If you need to inquire about an accommodation or need assistance with completing the application, please email us at ***.

For more jobs and to find out more about Weee!, visit our career page: ***/careers

Softbank Vision Funds

Read the full job description and apply online on the recuiter's web-site

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