Accounting Lead, Affirm
Special Projects
CA$90-130k
POS installment loans
Job no longer available
POS installment loans
1001+ employees
Job no longer available
CA$90-130k
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- As an Accounting Lead you have in-depth knowledge of generally accepted accounting principles, proficiency in accounting systems, and strong motivation to drive processes that contribute to the achievement of an efficient monthly/quarterly/annual close and financial reporting processes
- You pay great attention to detail and the ability to deliver results under deadlines, as well as working effectively cross-functionally in a rapidly changing environment
- Above all, you have tremendous problem solving and communication skills that you are looking to utilize in support of Affirm’s continued growth and pursuit of our mission to deliver honest financial products that improve lives
- 4+ years of relevant professional experience is required (public accounting experience preferred)
- Solid understanding of US GAAP, and ability to partner with the Technical Accounting team on accounting policy implementation and adherence
- Advanced Microsoft Excel skills required (such as VLOOKUPS & conditional statements, pivot tables, data analysis, what-if-analysis)
- SQL experience or strong interest in developing SQL skills preferred
- Excellent project management skills and ability to foster cross-functional collaboration to drive meaningful improvements to the close process
- The desire to improve processes and make your own job easier over time, taking ownership of all aspects of your functional area
- Passion for Affirm and a strong interest in technology, money movement, BNPL, and consumer lending
What the job involves
- Lead targeted cross-functional initiatives in the area of Core Business to remediate existing control deficiencies and/or implement operational efficiencies into the month-end close process
- Develop a project plan, and clearly communicate project goals, updates, resource needs and business outcomes
- Act as the point of contact between the Operational close teams and partners in Product, Engineering, Financial Platforms, Financial Systems, and Technical Accounting to incorporate new products and/or processes into the GL
- Proactively review current procedures and seek ways to improve processes to ensure timely monthly close, accuracy of accounting entries and operational efficiency
- Develop deep expertise in existing accounting processes and recommend a path forward that balances scalability, level of effort, time to deliver, financial risk and cost
- Work with the Record-to-Report team to understand problem areas and translate requirements into report requests with our Financial Systems team
- As assigned by the Director of Core Business, resolve one-off business topics and/or complex cross-functional issues
- To the extent needed, responsible for preparing and/or reviewing workpapers, journal entries, and reconciliations for key accounts in the Core Business area of Card Accounting
Our take
Affirm offers point-of-sale loans to consumers, working with merchants like Shopify, KAYAK, and Walmart. Buy now, pay later transactions have grown in popularity in recent years, and this business is tapping into the market with a totally different approach to credit - by delivering the Affirm card, the first US debit card with the option to pay-over-time.
Boasting over 21M consumers and 337,000+ merchants, the company offers flexible payback options, ranging from 3 to 36 months. The interest rates run between 0% and 30%, so, while they are not necessarily the cheapest option, Affirm prides itself on having no fees for late payments, no hidden charges, and total transparency about what people will pay before they take out a loan.
Affirm collects payments from the customers and pays the merchants directly, shouldering the risk itself. The company has boosted its market share, expanding its availability beyond the US to include most of Canada, and continues to launch new features and create new partnerships towards bettering its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2020
$500m
SERIES G
Apr 2019
$300m
SERIES F
Total funding: $1.1bn
Company benefits
- Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- Spending Wallets: Access tech, food, lifestyle, and family planning wallets for your expenses
- Supportive Communities: Get involved with our employee resource groups and community groups
- Remote-first Workforce: If your role is remote, you can set up shop anywhere in your home country
- Generous Time Off: Take the time you need when life happens
- Health Benefits: Get a plan that fits your needs
- Mental Healthcare: Take care of your mind with great mental health programs
- Parental Leave: Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- Away Days: We offer 20 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & Development: Engage in exciting learning programs to level up your growth
Company HQ
Chinatown, San Francisco, CA
Leadership
Max Levchin
(Co-Founder & CEO)Has founded/co-founded numerous companies, holding various executive positions at each, including Paypal, Slide, Glow, HVF Labs, and SciFi VC. Also worked at large brands including Google, Yelp, Yahoo, and Evernote.
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