Senior SEC Reporting Associate, Prosper Marketplace
$88-119k
+ Bonus
More information about location
2 days a week in office
Online P2P lending marketplace
Open for applications
Online P2P lending marketplace
201-500 employees
Open for applications
$88-119k
+ Bonus
More information about location
2 days a week in office
201-500 employees
Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
Role
Who you are
- The successful candidate needs to have a strong knowledge of SEC reporting and a commitment to high quality financial reporting
- Bachelor's degree in accounting, finance or a related field
- Certified Public Accountant designation, or in the process of completing designation preferred
- Minimum of 2 years of relevant experience, with a mix of Big 4 public accounting and industry experience preferred
- Strong technical accounting background with a thorough knowledge of U.S. GAAP and SEC regulations
- Financial services industry experience preferred
- Experience with complex accounting research
- Proficiency in use of Microsoft Office tools
- Recent experience with or understanding of reporting systems, preferably Workiva
What the job involves
- The SEC Reporting Senior Associate will assist with the preparation of annual and quarterly financial statements, as well as other SEC filings
- In addition, this role will assist with technical accounting research and documentation, internal control activities and compliance and certain monthly close requirements
- Additionally, the candidate will need to have the ability to improve operational efficiency, work with cross-functional teams, and prepare disclosure analysis related to accounting issues, all with a strong sense of ownership and urgency
- This role reports to the Senior Manager of SEC Reporting and Technical Accounting
- Assist in preparation of quarterly and annual filings with the SEC (primarily 10-Ks and 10-Qs) including supporting schedules
- Perform a detailed tie-out of the quarterly and annual filings, and maintain the underlying records
- Research accounting implications of significant and/or non-routine transactions, including identification, assessment and documentation activities on topics such as fair value concepts, consolidation, financial instruments and equity
- Assist in operationalizing new/complex transactions and function as a liaison for the Controllership with the Capital Markets and Legal departments on new initiatives that may impact operational accounting
- Prepare certain monthly loan accounting journal entries
- Assist with equity accounting, including 409a valuations and stock-based compensation
- Maintain proper internal controls relating to the financial reporting process
- Help establish and work within timelines for financial statement preparation, and work collaboratively with various business partners to ensure such timelines are met
- Interface with auditors during quarterly reviews and annual audits
- Monitor emerging accounting standards during the exposure draft period to interpret impact, and assist with them implementation of new accounting standards
- Maintain a high degree of business and technical proficiency in the application of financial reporting, technical accounting research and internal controls that ensures financial and reporting integrity and regulatory compliance
Our take
Prosper is a peer-to-peer lending platform, that connects investors with borrowers directly. When it launched in 2005 it was the first of its kind and paved the way for the now crowded peer-to-peer lending market, which includes competitors like Peerform, Upstart, Funding Circle and LendingClub.
The company provides an attractive option by cutting out the middleman and making applications faster, meaning that socially and financially rewarding investments can be made. Prosper is one of the largest and most recognized in this industry, having facilitated billions in loans to over two million borrowers.
In more recent years, Prosper has forged ties with banks to allow it to launch its home equity credit line, indicating a new direction for the company. It continues to develop its offering and remains a force in the market, with no reason it won't continue to succeed.
Freddie
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
Total funding: $153.8m
Company benefits
- Take-what-you-need (paid) vacation for salaried employees
- 20 days of PTO and 7 paid holidays/year for hourly employees
- Stock options
- 401K retirement savings plan with generous matching
- Comprehensive health, dental and vision insurance plans, with options specific to your own health coverage needs
- Prosper Fit - A monthly stipend to use for gym memberships, personal training sessions, yoga and exercise classes, or club sports/fitness fees
- Pre-tax commuter/parking assistance
- Snacks and beverage selections in our kitchen
- Monthly meet-and-greet happy hours
- Perkspot discount programs
- One Medical
- SF Location - Rooftop deck with ping-pong and foosball table
Company HQ
The East Cut, San Francisco, CA
Leadership
David Kimball
(Chairman & CEO)Having studied for an MBA at Brigham Young University, David worked in Management at Ford Motor Company for over 10 years, prior to spending another decade at USAA. He left his role as CFO and COO to join Prosper Marketplace in March 2016 as CEO and Chairman.
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