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Oakland, California ThredUp Inc.

*Please note that our thredUP team is currently working remotely, however, this role will be expected to report to our Oakland location once we are safely able to return to the office.

About thredUP

In 2009, thredUP set out to make used clothes the new normal and create a more sustainable future for fashion. The company designed a modern resale experience that took the work and risk out of thrift, and converted a generation of secondhand skeptics to fans. Sellers send clothes directly to thredUP by the bagful, and buyers shop quality-checked items from over 35,000 brands at steep discounts. To power this marketplace, thredUP built an infrastructure that has recirculated 100 million unique garments via proprietary technology, data and logistics. thredUP most recently expanded its platform with Resale-as-a-Service (RaaS) to power resale for the world's leading fashion brands. As a circular fashion pioneer, thredUP is reducing fashion's impact on the planet and unlocking economic value for consumers and brands alike.

How You Will Make An Impact

At thredUP, the accounting team is all about working together to solve problems and improve processes. As our Tax and Treasury Director, you will report to the Vice President, Corporate Controller and work closely with the Assistant Controller and other accounting team members on overall corporate and indirect tax compliance and audit support, tax accounting, corporate entity and tax registrations. You will leverage your experience to own the entire tax function and entity structure set up and maintenance. You will also have exposure to dynamic executives that have built an industry-leading company and brand in a market segment ready to explode. (See more about this in thredUP's 2020 Resale Report )

The ideal candidate will have Big 4 CPA experience plus industry experience in private/public companies in the e-commerce/retail space.

In This Role You'll Get To:
  • Facilitate and manage the annual and quarterly tax provision preparation in accordance with ASC 740, and related footnotes
  • Manage tax compliance for federal consolidated and state tax returns and ensure the accurate, timely filing of all Corporate tax returns
  • Plan for and develop the overall tax and compliance calendar and coordinate timing and inputs with the tax team, legal, accounting and 3rd parties
  • Manage the indirect sales and use tax function for consumer tax filings in all 50 US states and local jurisdictions, including compliance, nexus evaluation, VDA process and state audits
  • Provide overall tax guidance and technical tax related assistance to the payroll and general ledger teams for employee taxes, stock based compensation taxes, property taxes, local and business taxes
  • Own tax process and procedures and maintain effective SOX control procedures over all aspects direct and indirect tax process
  • Forecast future GAAP and Non-GAAP tax rates, coordinate with CFO and FP&A for tax related forecasts and guidance preparation including long term rates and non-GAAP tax calculations
  • Evaluate and implement international tax structures and other tax savings initiatives for domestic and international operations, support ongoing tax structure requirements including maintenance of intercompany agreements
  • Participate in M&A activities including managing tax due diligence and purchase accounting related to taxation of acquisitions
Entity Registration and Intercompany Set up and Maintenance
  • Manage all state, local and city business and tax registrations and annual compliance filings
  • Manage relationship with CT corp for corporate registrations and 3rd party tax providers to ensure all business registrations are current and up to date
  • Manage entity structure set up for our 501(c3) and other subsidiaries to support proper entity accounting
  • Review and interpret intercompany agreements and capitalization structures to advise the accounting team on appropriate set up and ongoing maintenance of our gift card and charitable donation entities
What We're Looking For:
  • Bachelor's degree in Accounting, Economics, or Finance, MS in Tax preferred
  • 10-15 years of experience with a combination of Big 4 Public Accounting (Preferred) and industry
  • Experience with state and local tax including implementation of Wayfair ruling requirements
  • Attention to detail and ability to deeply understand and analyze tax and financial information
  • Experience with Netsuite is a plus
  • CPA certification preferred
  • Ability to communicate clearly and concisely
  • E-commerce and Retail experience is a plus
What We Offer:

- Currently running a 4-day work week experiment through year end 2021, with Fridays off

- Competitive salary (we leverage market data) + stock

- Employee stock purchase plan

- Flexible PTO (take the time you need) + 12 company holidays

- Paid Sabbatical after 3 years of full time employment

- Generous paid parental leave for new mothers and fathers

- Innovative tools: Google Workspace & your choice of a Mac or Windows based laptop

- Medical, dental, vision, 401k, life and disability insurance offered

- We live by our Core Values of Transparency, SpeakingUP, Thinking Big, Infinite Learning, Influencing Outcomes & Seeking the Truth

- Voted "50 Most Innovative Companies of 2020"

- RaaS - Honorable Mention in Fast Company's World Changing Ideas Awards 2021

We believe diversity, inclusion and belonging is key for our team.

At thredUP, our mission has been built on extending the lives of millions of unique clothing items. Much like our inventory, we are proud to have fostered a workplace that is one-of-a-kind. As a company focused on diversity, inclusion and belonging, we are committed to ensuring our employees are comfortable bringing their authentic selves to work every day. A unique perspective is critical to solving complex problems and inspiring a new generation to think secondhand first. Be you.

*Please note that our thredUP team is currently working remotely, however, this role will be expected to report to our Oakland location once we are safely able to return to the office.