Senior Director of Financial Reporting, Sunbit
+ Stock options
4 days a week in office
Buy now, pay later technology platform
Open for applications
Buy now, pay later technology platform
201-500 employees
Open for applications
+ Stock options
4 days a week in office
201-500 employees
Company mission
To eliminate financial waste and pass the savings back to our customers and merchant partners.
Role
Who you are
- Bachelor’s degree in accounting, finance, or economics
- Certified Public Accountant with in-depth knowledge of US GAAP
- 12+ years of progressive technical accounting and reporting experience, including auditing experience with a major public accounting firm and at least 3+ years of SEC reporting experience
- Pre-IPO/private company experience is essential, with demonstrated success in building scalable reporting and compliance processes
- Fintech, consumer finance, or financial institution industry experience
- Strong background in SEC reporting, including preparation of public company filings (10-Ks, 10-Qs, 8-Ks) and registration statements (S-1)
- Demonstrated ability to research, interpret, and apply complex technical accounting standards
- Thorough knowledge of fair value accounting principles and methodologies and disclosure requirements
- Experience in SOX control execution/documentation
- Strong leadership and communication skills, with the ability to effectively interact with all levels of the organization
- Experience with the CECL accounting standard is a plus
- Experience with ERP systems (such as NetSuite) is a plus
- Demonstrated excellent written and verbal communication skills
- Ability to work effectively in a fast-paced, dynamic environment
- Strong work ethic, attention to detail, and a commitment to excellence
What the job involves
- Reports To: Chief Accounting Officer
- Sunbit is seeking a highly motivated and experienced Sr
- Director of Financial Reporting to join our growing accounting team
- This critical role will be responsible for overseeing all aspects of external reporting
- In this position you will ensure that effective financial controls, policies, and procedures are established and applied to provide the company with high quality, compliant external financial reporting
- This highly visible role offers a unique opportunity to meaningfully shape the future of our financial operations
- The ideal candidate will have expertise in technical accounting and a deep understanding of SEC regulations
- Responsible for the compilation of all financial statements (monthly, quarterly, and annual), footnotes, management discussion and analysis and all other finance components of external reporting, as applicable
- Subject matter expert on US GAAP and SEC regulations for the preparation and filing of financial statements and SEC reports for public companies
- Lead and manage the preparation and review of SEC reports, including 10-K, 10-Q, and other required disclosures
- Prepare technical accounting memos and analysis as needed
- Interpret and implement new technical accounting standards and assess their impact on the company's financial statements
- Oversee the fair value accounting processes, ensuring accurate and compliant valuations of financial instruments and other assets
- Work with external auditors on requests for assistance; prepare schedules, as necessary
- Develop and maintain robust internal controls over financial reporting, with a focus on SOX 404 compliance
- Implement a dedicated software platform for financial and SEC reporting
- Build, manage and mentor a team of financial reporting professionals
- Drive collaborative and proactive relationships with key stakeholders, including key constituents such as FP&A, Capital Markets, Legal & Compliance, and Data departments
Our take
Buy now pay later (BNPL) options have been a lifeline for consumers who need to make essential purchases but need a bit more breathing space to pay for them. Sunbit provides a BNPL solution to service providers, retailers and consumers, helping thousands of communities where traditional financing options have previously been the only route.
Sunbit disrupts the lengthy process of getting credit, utilising its own proprietary machine learning technology to create personalized payment plans for each customer rather than relying on pre-approval based on a FICO score. Their 30-second approval process makes it an attractive option for retailers looking to increase sales as customers can get an in-store decision. Payback has 3, 6, and 9 month flexible options and the platform covers purchases of up to $10,000.
The company is looking to grow after an impressive financial investment in 2024 that reflects consumers turning to new payment options, such as BNPL. The funding is supporting its Sunbit no-fee credit card and embedded financing partnerships.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2021
$130m
SERIES D
Sep 2020
$26m
SERIES C
Total funding: $211.2m
Company benefits
- Mission driven + empowered + collaborative
- Competitive pay and stock options
- Health Insurance options including Medical, Dental, Vision, Life, EAP, FSA, & Maternity Leave
- 401K Plan with Matching
- Cell Phone Stipend
- Commuter Supplement for LA Office eligible employees
- Casual Dress
- Monthly Lunches in LA HQ
Leadership
Arad Levertov
(CEO)Arad served in the Israeli Defense Forces as a Major for 5 years, before spending almost 5 years at Intel. They left their role of 6 years as COO of Enova International to co-found Subnit in January 2016.
Ornit Dweck-Maizel
(CTO)Having spent 2 years as an Intel Software Developer, Ornit worked at superderivatives in R&D for 9 years. She co-founded Sunbit in 2016, serving since as CTO.
Tamir Hazan
(Head of AI)Tamir undertook a PhD in Machine Learning and Computer Vision at The Hebrew University before co-founding Sunbit with Ornit, Arad, and Tal. They have been in Analytics since June 2017.
Tal Riesenfeld
(Head of Sales)Tal served in the IDF before spending 2 years at HP in Strategic Marketing and 4 months at Google. They co-founded Eyeview in 2008, working there for 8 years prior to co-founding Sunbit in 2016.
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