Senior Director / Assistant Controller, Robinhood

$185-280k

+ Bonus and equity; salary is applicable to candidates in Denver, CO; Westlake, TX; Chicago, IL; Lake Mary, FL; Clearwater, FL; Gainesville, FL; Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC only and may vary by other locations

Expert level

New York

San Francisco Bay Area

Remote from US

More information about location

Commission-free stock trading platform

Be an early applicant

Commission-free stock trading platform

1001+ employees

FintechB2CCryptocurrencyMarketplaceTrading

Be an early applicant

$185-280k

Expert level

New York

San Francisco Bay Area

Remote from US

More information about location

1001+ employees

FintechB2CCryptocurrencyMarketplaceTrading

Company mission

To democratize finance for all.

Job

Company

Role

Who you are

15+ years of total experience with increasing levels of responsibility including people management
Demonstrated strong leadership skills, high energy and initiative - with a proven ability to manage significant initiatives across the organization, as well as develop and motivate staff
Highly developed written and verbal communication skills, excellent soft-skills, and ability to motivate and influence all levels of management
Strong understanding of technical accounting issues
Ability to assess and implement technology to automate and control numerous accounting processes
Strong knowledge and understanding of IT general controls, application controls and how they relate to business processes
Experience with system implementations and M&A integrations preferred
Bachelor’s degree in Accounting or Finance, CPA required

What the job involves

We’re looking for an Assistant Controller to oversee Corporate Accounting, Consolidations and Order to Cash, including the monthly close process end-to-end
Reporting to the Controller, you will be responsible for hiring and developing team members, managing day-to-day accounting activities, and establishing new processes as well as improving existing processes to drive efficiency
You will interact and coordinate with colleagues in Finance & Strategy, Tax, Corporate Engineering and various other departments across the Company to ensure proper accounting treatment and accurate financial results
The Assistant Controller will play a key leadership role in the Finance organization around process improvement, system implementations and optimizations, automation initiatives, M&A integration, standardizing processes and mentoring the team
Provide leadership, support and professional development opportunities to the growing US and international Robinhood accounting team
Lead the monthly close process, including coordinating with teams that have dependencies on the close calendar
Partner with cross-functional teams to identify how strategic business and product changes impact accounting. Ensure the accounting related to new products is operationalized timely and internal controls are established
Work with the Finance Engineering team to automate the accounting close process and ensure finance systems are being used in the most efficient manner
Liaise with Technical Accounting to drive reporting and policy-based projects and documentation
Lead the order to cash process, including accurate invoicing and timely collections of outstanding receivables
Ensure successful accounting integrations of all M&A transactions, including compliance with US GAAP/Robinhood policies, systems and opening balance sheet
Assist with finance transformation initiatives, including the chart of accounts redesign and implementation
Develop a culture of mentorship, continuous improvement, training and success in the accounting organization
Support external audit requirements related to specific areas of responsibility

Our take

For years, traditional brokers ruled the share trading realm, charging hefty fees that locked out everyday investors. Robinhood emerged as a disruptor, offering commission-free trading and opening the door to a new generation. Its innovative model thrives on premium features like increased buying power and extended trading hours, attracting a younger audience drawn to meme stocks like AMC and GameStop.

But Robinhood's not just about quick thrills. The company claims its mission lies in catering to "the unmet needs of the next generation," evidenced by its "Robinhood Retirement" launch, targeting gig-economy workers often excluded from financial planning. This commitment to accessibility aligns with its core values.

However, 2023 brought unexpected turbulence, as Robinhood became entangled in the FTX cryptocurrency exchange bankruptcy scandal when it emerged that the US Department of Justice seized hundreds of millions of dollars of the company's shares tied to FTX founder Bankman-Fried. Despite these challenges, Robinhood successfully bought back the missing stock, and its impact on democratizing finance remains undeniable.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Top investors

39% female employees

-23% employee growth in 12 months

Glassdoor (3.4)

Company

Funding (last 2 of 13 rounds)

Feb 2021

$2.4bn

CONVERTIBLE

Jan 2021

$1bn

LATE VC

Total funding: $5.6bn

Company benefits

Well-being - Premium medical, dental, and vision insurance
Family & home life - Parental leave, personal prosperity benefits
Comfort & care - Annual lifestyle stipend
Office life - Catered meals and fully stocked kitchen, commuter benefits
Growth - Education and training, community events, career mentorships

Company HQ

Downtown Menlo Park, Menlo Park, CA

Leadership

Vlad Tenev

(Co-Founder)

Studied Mathematics at Stanford University, where they met their fellow co-founder. Dropped out of a PhD to start Robinhood.

Baiju B.

(Co-Founder)

Studied Mathematics and Physics at Stanford University, where they met their fellow co-founder.

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