Technical Accounting Manager, Robinhood
+ Bonus program and equity
3+ days a week in office
Commission-free stock trading platform
Be an early applicant
Commission-free stock trading platform
1001+ employees
Be an early applicant
+ Bonus program and equity
3+ days a week in office
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- 5–8 years of progressive experience in technical accounting roles
- Strong background in public accounting; Big 4 or national firm experience preferred
- In-depth knowledge of U.S. GAAP and SEC reporting requirements, including the ability to research and apply technical guidance
- Proven ability to communicate complex accounting concepts clearly, both in writing and verbally
- Experience developing and operationalizing accounting policies and procedures
What the job involves
- The Technical Accounting team’s mission is to deliver critical insights and provide expertise to facilitate the application of Robinhood’s accounting policies in a dynamic environment while helping democratize finance for all
- Our team partners closely with cross-functional groups such as Product, Legal, Finance, and Tax, while also ensuring compliance with relevant accounting standards
- As a Technical Accounting Manager, you’ll be a subject matter expert on technical accounting and financial reporting matters
- You’ll build and maintain Robinhood’s accounting policies, lead technical assessments of new products and transactions, and support the implementation of new accounting pronouncements
- This is an exciting opportunity to make a high-impact contribution in a fast-moving and collaborative environment!
- Develop and maintain Robinhood’s corporate accounting policies in alignment with U.S. GAAP and evolving business needs
- Analyze complex business transactions and new products to determine the appropriate accounting treatment
- Draft clear, thorough technical accounting memos and documentation
- Monitor new accounting pronouncements and lead implementation efforts across the organization
- Support acquisition-related activities, including business combination accounting and coordination with third-party valuation specialists
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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