Team Lead, Accounting and Compliance

Posted 4 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu
1-3 Years Experience
Consumer Web • eCommerce • Fashion • Retail
Poshmark is a pioneer in social commerce, connecting sellers and shoppers to extend the lifecycle of their items.
The Role
Seeking a Team Lead with expertise in Indian tax laws and compliance regulations to oversee accounting operations. Responsibilities include tax and compliance management, payroll accounting, financial reporting, process improvement, team leadership, and collaboration with other departments. Qualifications include a bachelor's degree in accounting or finance, 7-8 years of experience, and proficiency in NetSuite and MS Office.
Summary Generated by Built In

Confidence can sometimes hold us back from applying for a job. Here’s a secret: there's no such thing as a "perfect" candidate. Poshmark is looking for exceptional people who want to make a positive impact through their work and help create an organization where everyone can thrive. So whatever background you bring with you, please apply if this role would make you excited to come to work every day.

Job Description:

Job Summary:

We are seeking a highly skilled and experienced Team Lead to join our accounting department. The ideal candidate will have extensive knowledge of Indian tax laws and compliance regulations. They will be responsible for leading/mentoring a team and ensuring the accuracy and efficiency of our accounting operations.

Key Responsibilities:

  • Tax and Compliance Management:

    • Oversee and manage all tax-related activities, including GST, TDS, and other statutory compliances.

    • Ensure timely and accurate filing of tax returns and compliance with all applicable tax laws.

    • Liaise with tax authorities and handle any tax-related inquiries or audits.

  • Payroll Accounting:

    • Oversee payroll accounting processes, including the preparation and posting of payroll journal entries.

    •  Ensure accurate and timely payroll reconciliations.

    • Coordinate with the HR department to ensure accurate and compliant payroll operations

  • Accounting and Financial Reporting:

    • Ensure accurate and timely recording of all financial transactions.

    • Prepare and review financial statements and reports.

    • Maintain and reconcile general ledger accounts.

  • Process Improvement:

    • Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.

    • Stay updated with changes in tax laws and regulations, and ensure the team is informed and compliant.

  • Team Leadership:

    • Lead and mentor a team of accounting professionals.

    • Assign tasks, set goals, and monitor the team’s performance to ensure efficient and effective operation.

    • Provide training

    • to team members.

  • Coordination and Collaboration:

    • Coordinate with other departments to ensure seamless financial operations.

    • Collaborate with external auditors and consultants as required.

Qualifications:

  • Bachelor’s degree in accounting, Finance, or a related field.

  • Professional qualification (CA Inter/Final) is preferred.

  • Minimum of 7-8 years of experience in accounting, with a strong focus on Indian tax and compliance.

  • Proven experience in managing and leading a team.

  • In-depth knowledge of Indian tax laws, GST, TDS, and other statutory compliances.

  • Strong analytical and problem-solving skills.

  • Excellent communication and interpersonal skills.

  • Proficiency in accounting software (NetSuite) and MS Office applications.

About Us

Poshmark is a leading fashion resale marketplace powered by a vibrant, highly engaged community of buyers and sellers and real-time social experiences. Designed to make online selling fun, more social and easier than ever, Poshmark empowers its sellers to turn their closet into a thriving business and share their style with the world. Since its founding in 2011, Poshmark has grown its community to over 130 million users and generated over $10 billion in GMV, helping sellers realize billions in earnings, delighting buyers with deals and one-of-a-kind items, and building a more sustainable future for fashion. For more information, please visit www.poshmark.com, and for company news, visit newsroom.poshmark.com.

Why Poshmark?

At Poshmark, we’re constantly challenging the status quo and are looking for innovative and passionate people to help shape the future of Poshmark. We’re disrupting the industry by combining social connections with e-commerce through data-driven solutions and the latest technology to optimize our platform. We’re nothing without our amazing team who deliver an unparalleled social shopping experience to the millions of people we connect each day.

We built Poshmark around four core values: 1) focus on people to create empowered communities that drive success; 2) together we grow to support each other to strive for our dreams; 3) lead with love to foster genuine connections built upon a foundation of respect; and 4) embrace your weirdness to accept and empower one another on their own unique journey. We’re invested in our team and community, working together to build an entirely new way to shop. That way, when we win, we all win together. Come help us build the most connected shopping experience ever. We will set you up with comprehensive global and in-country benefits to support you and your family needs.

Poshmark is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

View Poshmark's Job Applicant Privacy Policy here.

Top Skills

NetSuite
The Company
HQ: Redwood City, CA
850 Employees
Hybrid Workplace
Year Founded: 2011

What We Do

Poshmark is a leading social marketplace for new and secondhand style for women, men, kids, pets, home, and more. By combining the human connection of physical shopping with the scale, ease, and selection benefits of ecommerce, Poshmark makes buying and selling simple, social, and sustainable. Its community of more than 80 million registered users across the U.S., Canada, Australia, and India, is driving the future of commerce while promoting more sustainable consumption.

Read more about Postmark's acquisition by Naver, Korea’s largest internet company, here: https://investors.poshmark.com/news/news-details/2022/Naver-to-Acquire-Poshmark/default.aspx

Why Work With Us

At Poshmark we are a team who Focus on People, Lead with Love, Grow Together & Embrace our Weirdness. We are a community based culture where you feel our core values internally and externally. Join our team and feel good about what you're doing and where you're going.

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