Here is another Job Posting listed on 6-15-07. I bolded some key points. What I would interpret this as is that art.com is
potentially preparing to go public. SEC reporting and Sarbanes Oxley (404) only apply to public companies. Not private companies. If art.com does an IPO, all this tells me is the company is not going out of business. More than likely they are doing pretty well financially. And, based on the screwups with artistrising.com and sistino.com, they do not need "original and emerging" artists to have a succesfull business model. They have to prepare a business plan to potential investors or the company(s) taking them public (hence - the a/r and IK site) and they need to show on paper that they have a plan. It is when you read about IK they say they compete with Sistino not art.com. To appear attractive to investors they have to show that they generate x-amount of income from established (dead or whatever you want to call them artists) artwork - which you can show a history of reliable sales - versus sales from "emerging" and new artists. New and emerging art sales from a risk factor is a lot higher than selling works from Van Gogh or Ansel Adams.
Assistant Controller - Art.com (emeryville)
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Reply to: see below
Date: 2007-06-15, 10:23AM PDT
Art.com, a pre-IPO, profitable and rapidly growing Emeryville based e-commerce company has an opening for an Assistant Controller. Recognized by Internet Retailer as a Top 100 Web Site in 2005, we have locations in the United States, Germany, the Netherlands, and the United Kingdom. Art.com is always looking for talented individuals ready to join a company with a strong culture that supports training and development opportunities. We have a fast-paced environment where innovation, creativity and results are valued.
RESPONSIBILITIES:
? Manage the accounting and accountants payable staff
? Direct the monthly closing process
? Oversee the preparation for the annual audit
? Prepare quarterly and year end financial reports
? Implement accounting policies and procedures
? Assess internal control deficiencies and implement procedures to remediate
? Identify and implement operating efficiencies
? Research technical accounting and reporting issues to ensure compliance with GAAP and SEC regulations
?
Direct compliance with 404 ?
Prepare for SEC reporting compliance ? Manage multiple projects, such as enhanced receivables and inventory reconciliations and reporting requirements
? Work with IT professionals on reporting and control needs
REQUIREMENTS:
? CPA required
? Manager with approximately 8-12 years experience
? Experience should include a combination of Big 4 public accounting and industry experience
?
Experience with SEC reporting and Sarbanes Oxley compliance ?
Initial public offering experience a plus ? Experience with project management
? Strong understanding of financial systems and internal controls
? Demonstrated leadership and analytical skills
? Results driven, ability to initiate and lead projects
? Excellent written and verbal communication skills
? Strong organizational skills with the ability to handle numerous projects simultaneously; with a great attention to detail, operates with urgency, focus and discipline
BENEFITS:
We offer a competitive benefits and incentive package which includes the following:
?Stock Options
?Semi-Annual Performance Bonus
?Medical, Dental and Vision Plan
?401(k) Plan with company match
?Life Insurance/AD&D with Voluntary Supplemental coverage
?Short and Long Term Disability
?Flexible Spending Account
?Paid Time Off and Company Paid Holidays
?Training and Development Seminars
?Employee Discount Programs
?Commuter Benefits (varies by location)
?Fitness Center(varies by location)
?Company Sponsored Events and Activities
To apply, please follow the link below to our Corporate website:
http://corporate.art.com/careers.aspx Thank you for your interest in our company and we encourage you to visit one of our sites:
Art.com
AllPosters.com
Poster.de
Artistrising.com
Principals only. Recruiters, please don't contact this job poster.
Please, no phone calls about this job!
Please do not contact job poster about other services, products or commercial interests.
PostingID: 352815132
