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Financial Accountant

Who are we?

Lyka is an Australian founded pet wellness company that's shaking up an outdated industry and paving the way for happier, healthier pets. Despite medical advancements, animal lifespans are on the decline. Today, the average pet only reaches 37% of their full potential lifespan and statistics have shown us that many suffer from dental disease, cancer, and obesity. Simply put, the status quo is not enough.

As humans, we've experienced firsthand the positive impact fresh wholefoods can have on our health and wellbeing, and we believe our furry friends deserve the same. We're on a mission to do just that, starting with nutritionally balanced, wholefood meals delivered direct to doors around Australia. As the world's most sustainable pet wellness company, we're putting pets and our planet first - one bowl at a time.

Today, we are proud to share we've served 50 million meals to puppers and their parents across Australia, and this is just the beginning. Our vision is to create multiple nutritional products, adding disease prevention meals and supplements, and expand into new markets.

Currently, we have a team of 250+ pet-obsessed people and we're continuing to grow (yes, looking at you!). These carefully selected people are dedicated to building the next generation of technology and products to help empower pet parents to take control over their pet's wellbeing.

To date, we have raised over $60M in funding from venture capital investors and pet industry insiders, who believe in our mission and ability to drive change in a stagnant industry, providing nutrition that nourishes puppers from the inside out.

Are you ready to shake things up and give pets the life they deserve? Come join our pack!

Our Mission

The time we share with our pets is being cut short. Despite medical advancements, they're getting sicker earlier. They're dying prematurely. The industry has it backwards - prioritising treating symptoms instead of addressing the root cause. That's where we come in.

At Lyka, we take a preventative, holistic and personalised approach to pet care. We look at the full picture, factoring in the diet, lifestyle and environment of each individual animal.

We don't stop at symptoms, instead we dig for the root cause. We create nutrition plans unique to each pet, because it's not just about living longer, but living well too.

Our mission is to increase the lifespan of dogs and cats.

The Role

We’re looking for a degree qualified and technically strong Financial Accountant to join our high performing finance team.

Reporting into our Finance Operations Manager, and working closely with colleagues from Finance, Manufacturing & Supply Chain, Marketing and Strategy, you’ll play a key role in our growing organisation through financial reporting and improvements.

What you’ll do

  • Prepare and manage general ledger, journals, fixed assets, WIP, depreciation schedules and inventory for multiple entities
  • Record inter-company accounting transactions and related reconciliations across entities
  • Manage the end-to-end month-end close process, including preparing journal entries, reconciling accounts and resolving discrepancies
  • Prepare and deliver timely and accurate financial reports, including ongoing management reports, budgets and forecasts
  • Support accounting systems implementation, and improve and develop accounting processes and procedures
  • Liaise with the external auditors and tax accountants to ensure compliance with the applicable statutory standards
  • Oversee and assist with the completion of annual financial reports and tax requirements
  • Live and work in accordance with Lyka’s values and principles at the workplace
  • Tertiary Accounting Qualifications; CA/CPA desirable
  • 1+ years’ experience as a Financial Accountant, or 3-4 years’ broader accounting experience, with a solid understanding of financial operations and reporting, within a medium sized evolving business
  • Experience with reporting, Capex and Inventory; experience with Research and Development tax will be an advantage
  • Exposure to a large ERP accounting system (ideally NetSuite) will be highly regarded, along with intermediate Excel skills
  • Strong communication skills and a high attention to detail
  • Great organisation, planning and problem-solving skills with the ability to prioritise competing objectives
  • A team centric approach, ‘can do’ attitude; willingness to ‘jump in and get your hands dirty’ when needed for different projects
  • Work in a fast-growing start-up, experiencing what goes behind the scenes to sustain hyper-growth for a start-up with a physical product!
  • Growth and Development - Lyka is growing extremely quickly, which means you will have the opportunity to experience different challenges every day and progressively acquire more responsibilities as our facility and team expands. We provide an annual budget for you to continue your personal development.
  • Work for a sustainability focused company - we care about the health of our pets and our planet. We’re proud to be Australia’s only carbon-negative and plastic-negative pet company and we’re always looking at ways for us improve sustainability practices.
  • Be part of a diverse top talent team, coming from widely different backgrounds and geographies.
  • Up to 18 weeks of paid parental leave top-up.
  • Wellbeing assistance and tools to take care of your mental and physical wellbeing so you can do your best work.
  • Hybrid working model - we have pet-friendly offices and industrial kitchens in Sydney and Melbourne.
  • Pupper parent support to care for your furry friends - flexible arrangements for new pets, pet-friendly offices, discounts, and financial allowance for dog training & care to help them live their best life.

We are committed to building inclusive and diverse teams

Lyka is an equal opportunity employer devoted to providing a working environment that embraces and values diversity and inclusion. We celebrate diversity, are devoted to creating an inclusive environment for all staff, and encourage people of all backgrounds to apply. If you have any support or access requirements, we encourage you to advise us at the time of application.

Average salary estimate

$70000 / YEARLY (est.)
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$80000K

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What You Should Know About Financial Accountant, Lyka

At Lyka, we're not just a pet wellness company; we're on a mission to revolutionize how pets are cared for! As a Financial Accountant, you'll play a crucial role in supporting this mission. With your degree and strong technical accounting skills, you'll contribute to our finance team's success by managing the general ledger, preparing accurate financial reports, and supporting our rapid growth. Your expertise will help us address the root causes of health issues in pets rather than just the symptoms, allowing us to provide healthier and happier lives for our furry friends. You'll collaborate closely with colleagues across various departments like Manufacturing, Marketing, and Strategy to ensure smooth financial operations and improvements. Imagine processing inter-company transactions, reconciling accounts, and overseeing our month-end close process while knowing your work makes a genuine difference in the lives of pets and their owners! Lyka values a meticulous approach, so your attention to detail and strong problem-solving skills will shine here. Plus, you’ll be part of a diverse team that celebrates different backgrounds and experiences, all while working in a hybrid model with pet-friendly offices. So if you're ready to take your career to the next level and join a rapidly scaling company that is committed to sustainability and pet wellness, we’d love to hear from you soon. Your actions at Lyka will help shape the future of pet nutrition while allowing you to grow into new challenges every day in our fast-paced environment. Join our pack and help us in serving healthier meals for pets across Australia and beyond!

Frequently Asked Questions (FAQs) for Financial Accountant Role at Lyka
What are the responsibilities of a Financial Accountant at Lyka?

As a Financial Accountant at Lyka, your primary responsibilities will include managing the general ledger, preparing financial reports, and overseeing the month-end close process. You will also support accounting system implementations, handle inter-company transactions, and manage compliance with statutory standards, all while ensuring our financial practices align with our mission to promote pet wellness.

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What qualifications do I need to become a Financial Accountant at Lyka?

To qualify for the Financial Accountant position at Lyka, you should have tertiary accounting qualifications, with CA or CPA designation being desirable. Additionally, at least one year of experience as a Financial Accountant or three to four years of broader accounting experience in a medium-sized business is recommended. You should also have a solid understanding of financial operations and reporting.

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What experience is preferred for the Financial Accountant role at Lyka?

Lyka prefers candidates with a minimum of one year of experience specifically as a Financial Accountant or three to four years within an evolving accounting environment. Experience with reporting, inventory management, and Capex is valuable, alongside familiarity with large ERP systems like NetSuite. A strong grasp of financial operations will be essential for success in this role.

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What benefits can I expect as a Financial Accountant at Lyka?

As a Financial Accountant at Lyka, you can expect numerous benefits, including growth and development opportunities, a hybrid working model, and a commitment to sustainability. You will enjoy wellness assistance programs, flexible arrangements for new pets, and up to 18 weeks of paid parental leave top-up. Join us, and thrive in an inclusive environment that values diverse talents!

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How does the Financial Accountant role contribute to Lyka's mission?

The Financial Accountant role at Lyka plays a critical part in furthering our mission to enhance pet wellness. By ensuring accurate financial reporting and efficient processes, you will help allocate resources effectively and support initiatives aimed at providing nutritionally balanced meals for pets. Your expertise will assist in sustaining our growth and driving the positive impact we aim to have on pet health.

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Common Interview Questions for Financial Accountant
Can you explain your experience with financial reporting?

Certainly! During my previous role, I was responsible for preparing monthly and yearly financial reports which involved analyzing data, reconciling accounts, and presenting findings to the management team. My goal was always to provide clear insights that would guide strategic decision-making and improve financial efficiency.

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How do you ensure accuracy in your work as a Financial Accountant?

To ensure accuracy, I implement a systematic approach to my work. This includes double-checking my entries, utilizing accounting software for verification, and maintaining an organized record-keeping system. Collaboration with other team members also helps minimize errors and provides additional insights.

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What tools do you use for managing financial data?

I often rely on advanced accounting software and ERP systems, such as NetSuite, to manage financial data. Additionally, I utilize Microsoft Excel for complex data analysis, including financial modeling and forecasting, as it allows for flexibility and detailed computations.

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How do you handle tight deadlines during month-end close?

I prioritize my tasks and break down the month-end process into manageable steps. Effective communication with my team and setting clear deadlines for each task help us stay on track. I always allocate time at the end for reviews and potential discrepancies so that we can finalize reports within the timeline.

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Describe a time when you identified an error in financial data. What steps did you take?

In my previous role, I noticed a discrepancy in a journal entry that could have led to an undervalued asset. I promptly brought it to my supervisor's attention, traced the error back to its source, and corrected it through proper adjustments. This experience reinforced the importance of vigilance and thorough double-checking.

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What is your experience with inter-company accounting transactions?

I have hands-on experience managing inter-company transactions such as reconciling accounts between different entities, recording transactions, and preparing necessary journal entries. Maintaining clear communication with relevant departments is crucial throughout this process to ensure accuracy.

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How do you manage competing priorities in your role?

I manage competing priorities by considering both urgency and importance. I often create a detailed task list, assigning deadlines and estimated completion times to each task. This helps me allocate my time effectively and adjusts as needed when urgent tasks arise while still meeting ongoing responsibilities.

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What strategies do you use for process improvement in accounting?

I believe in leveraging technology and continuous communication. Regularly reviewing current processes for efficiency, alongside gathering feedback from my team, helps identify areas for improvement. I advocate for adopting automation tools that enhance productivity and reduce manual errors.

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Can you describe a challenging accounting issue you've faced?

One challenging issue I faced involved discrepancies during the month-end close due to finding duplicate transactions. I meticulously reviewed each entry to identify the source of the error, made necessary adjustments, and put a monitoring system in place to catch similar issues in the future. This proactive approach prevented recurrence.

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How do you stay updated with changes in accounting standards?

I keep myself informed on accounting standards by subscribing to industry newsletters, participating in webinars, and taking part in professional development courses. Networking with other accounting professionals also helps me stay abreast of changes and share valuable insights.

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Lyka is creating the biggest collection of live, in-store and online sneaker inventory in the world. Whether you're looking for the newest limited releases or the rarest classics, Lyka will show you where to find them online for national delivery,...

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DATE POSTED
December 27, 2024

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