Manager of Corporate Accounting, Robinhood
$93-140k
Salary is partially dependant on applicants location. Plus bonus & equity plan
More information about location
Commission-free stock trading platform
Job no longer available
Commission-free stock trading platform
1001+ employees
Job no longer available
$93-140k
Salary is partially dependant on applicants location. Plus bonus & equity plan
More information about location
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- We are seeking a highly motivated experienced accounting professional to drive the close and consolidation process, with a focus of continuous improvement and integrating different ERP closes into global consolidation
- The ideal candidate will ensure accurate and timely financial reporting in compliance with US GAAP and SOX 404 requirements
- 4 or more years of work experience with a bachelor’s degree in accounting or business related, with a focus on general accounting, consolidation, intercompany transactions, FX and reporting
- Strong accounting and analytical skills, with the ability to apply US GAAP to various business process
- Ability to coach the team and provide guidance on daily work
- Experience with Oracle ERP, Oracle FCCS is required; experience with smartview is a plus
- Proactive, self-starter who is accountable and exhibits ownership of delegated tasks and projects
What the job involves
- The role is part of the Corporate Accounting team, mainly responsible for the global consolidation process
- As the Accounting Manager, you will play a key leadership role in Corporate Accounting, focusing on close-the-books process improvement, implementing system optimization projects, standardizing processes globally, and guiding the accounting team
- Responsibilities include managing the month-end close process, conducting balance sheet flux analytical reviews, researching technical and operational accounting issues and managing FX
- Lead month-end close and consolidation process of global accounting function, including reviewing journal entries, balance sheet reconciliations,and overseeing intercompany transactions, eliminations, FX remeasurement and translations
- Prepare and review month-end flux analysis package for leadership
- Seek opportunities to streamline processes and shorten the close
- Work closely with cross functional partners on expense sharing agreements and cost allocations
- Lead special projects as requested
- Review credit card business journal entries and support the business growth
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
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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