Accounting Lead, Affirm
Core Business General Ledger
$102-155k
Salary dependent on location
POS installment loans
Open for applications
POS installment loans
1001+ employees
Open for applications
$102-155k
Salary dependent on location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 4+ years of relevant professional experience is required (public accounting experience preferred)
- CPA required (may consider candidates on track to earn their CPA in the near term)
- 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
- 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
- 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
- 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
- Responsible for preparing and/or reviewing workpapers, journal entries, and reconciliations for key accounts in the Core Business areas of Loans and Capital Markets
- You will conduct flux analyses and align on business drivers with cross-functional partners including Credit, Quantitative Markets, Capital Markets, Merchant Pricing, and Strategic Finance
- Prepare schedules for Quarterly SEC reporting, and support internal and external audit requirements related to specific assigned areas
- Proactively review current procedures and seek ways to improve processes to ensure timely monthly close, accuracy of accounting entries, and operational efficiency
- Partner with cross-functional teams to provide accounting requirements on product changes related to your areas of ownership and incorporate new transactions or processes into the GL
- Contribute to reconciliation projects by partnering directly with engineering and/or Financial Platform teams
- Creatively solve challenges and effectively communicate and execute on opportunities for process improvements and developing scalable solutions that keep up with the pace of business change
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.
Boating over 15 million customers and 245,000+ 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
Few candidates hear
back within 2 weeks
-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
- Spending wallets
- Supportive communities
- Remote-first workforce
- Generous time off
- Health benefits
- Mental healthcare
- Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- We offer 24 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & development
Company values
- People Come First
- No Fine Print
- It's On Us
- Simpler is Better
- Push the Envelope
Company HQ
Chinatown, San Francisco, CA
Articles
Leadership
Max Levchin
(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.
Share this job
View 85 more jobs at Affirm