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Staff Accountant

AT Rakuten International
Rakuten International

Staff Accountant

Toronto, Canada

Job Description:

Rakuten International oversees 7 businesses with over 4,000 employees globally. The brand is recognized for its leadership and innovation in e-commerce, digital content, advertising, entertainment and communications, bringing the joy of discovery and access to more than 1 billion members across the world. Our teams deliver on the company's mission to delight merchants and customers through innovation, optimism, and teamwork.

Rakuten Rewards is a leading e-commerce company that enhances the way people shop by offering Cash Back, deals and rewards from more than 3,500 merchants. Founded in 1999, Rakuten has grown to become the go-to shopping destination for consumers, having paid out nearly $2 billion in Cash Back to its 15 million members. The company also operates ShopStyle, a leading fashion discovery destination, and Cartera Commerce, a top rewards platform for airlines and banks. For more information, visit www.rakuten.com.

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We're seeking a talented Staff Accountant to join our team. This is a key position where you will support the maintenance of the general ledger by ensuring proper and timely entering and recording of financial transactions in the GL in accordance with IFRS and Company policies.

Responsibilities:

  • Ownership of all Rewards' cash accounts with related tasks to include but are not limited to:
    • Daily monitoring and reporting of cash position to CFO
    • Detailed monthly cash flow analysis and period-over-period cash fluctuations
    • Monthly reconciliations, quarterly cash reconciliation summaries and recording of journal entries related to cash and Paypal accounts


  • Participate in the month-end close processes by performing activities that include, but are not limited to:
    • Reconciliations and recording of journal entries related to intangible and lease related accounts across all Rewards' business units
    • Reconciliation of fixed asset accounts across all Rewards' business units, including maintenance of the fixed assets sub-ledger in Oracle
    • Preparation of journal entries related to personnel related accounts such as international payroll, paid time-off, bonuses, and stock compensation
    • Preparation, posting and analysis of operating expense accruals related to bank fees
    • Preparation of annual property tax returns


  • Ensure that general ledger accounts are resolved and reconciled on a timely basis. Participate in account reconciliation reviews with management.
  • Provide support for quarterly reviews and year-end internal and external audits, including preparation of monthly/quarterly/annual fixed asset and other account analyses
  • Assist in the review, documentation and streamlining of necessary internal controls and processes
  • Provide accounting support or assist with ad hoc projects as requested

Qualifications:

  • Strong Excel skills with ability to create pivot tables and perform v-look ups
  • Experience with accounting software and the month-end close process, including account reconciliations and analyses
  • Balance of both public company experience and start-up/private company environments is highly desirable
  • Knowledge of inter-company transactions and corporate accounting and reporting is also highly desirable
  • Experience with Oracle or other major ERP is preferred, but not required
  • Must be able to multi-task, prioritize and work efficiently
  • Ability to meet multiple deadlines and possess good time management skills
  • Results-oriented with attention to detail and accuracy
  • Must be able to perform at high levels in a very fast-paced, ever-changing work environment
  • Must be able to work independently or with a team, self-starter, energetic
  • Willing to work in a productivity-driven environment with a high volume of workflow
  • Strong communication skills, both written and verbal
  • Reliable and professional

Minimum Requirements:

  • BA degree in Accounting or Finance
  • 3+ years of GL accounting experience

#LI-TL2

Five Principles for Success
Our worldwide practices describe specific behaviors that make Rakuten unique and united across the world. We expect Rakuten employees to model these 5 Shugi Principles of Success.

Always improve, Always Advance - Only be satisfied with complete success - Kaizen
Passionately Professional - Take an uncompromising approach to your work and be determined to be the best
Hypothesize - Practice - Validate - Shikumika - Use the Rakuten Cycle to succeed in unknown territory
Maximize Customer Satisfaction - The greatest satisfaction for our teams is seeing their customers smile
Speed!! Speed!! Speed!! - Always be conscious of time - take charge, set clear goals, and engage your team

Rakuten provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type. Rakuten considers applicants for employment without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender, gender identity or expression, or any other characteristic protected by federal, state, provincial or local laws.

Client-provided location(s): Toronto, ON, Canada
Job ID: Rakuten-RakutenRewards-1023430
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Fertility Benefits
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Some Meals Provided
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Sabbatical
    • Leave of Absence
    • Volunteer Time Off
    • Summer Fridays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Company Equity
    • Stock Purchase Program
    • Performance Bonus
  • Professional Development

    • Tuition Reimbursement
    • Learning and Development Stipend
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)
    • Asian founded/led