Accounts Payable Operations Analyst, Robinhood
$24.70—$37 USD per hour. Salary based on location. Eligible to participate in a Robinhood bonus plan
More information about location
Commission-free stock trading platform
Open for applications
Commission-free stock trading platform
1001+ employees
Open for applications
$24.70—$37 USD per hour. Salary based on location. Eligible to participate in a Robinhood bonus plan
More information about location
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- Bachelor’s Degree preferably in Accounting or Finance
- Minimum 3 years relevant AP experience in the technology industry, with the ability to operate in a fast paced and complex environment
- Standout colleague who will be a good business partner to teammates throughout the company
- Experience with Coupa (Procure to Pay system) and Oracle ERP (or comparable systems)
- International and domestic payment experience using different payment methods and across multiple banks
- Highly organized and deadline driven individual that can process and manage a high volume of transactions by the set deadlines
- A professional who can work independently with minimal supervision and effectively manage their time to meet all deadlines
- Strong attention to detail, ability to multitask, and driven to learn and grow
- Advanced spreadsheet skills, including v-lookup and pivot tables
What the job involves
- We’re looking for a talented and energetic Accounts Payable Operation Analyst to join our growing Accounts Payable team
- You will coordinate closely with colleagues in Accounting, Finance, Treasury, Tax and other teams across Robinhood to meet daily operational needs
- This position will be responsible for accurately and efficiently executing / processing payment transactions executed with different payment methods and currencies
- They will have a high degree of commitment and deliver high quality work in an independent, resourceful, and detail-oriented manner with 100% accuracy
- Perform payment activities to vendors and employees including domestic and international payments methods
- Assist in the virtual card program administered to employees
- Fully understand the procure-to-pay cycle in Coupa. Perform data entry of invoices / payee information in Coupa
- Monthly AP cycle (month end) including activities such as re-coding invoices as necessary, creating the month-end accruals AP report for multiple legal entities and business units, ensuring all invoices within the AP Mailbox have been actioned etc
- Act as the internal (for Robinhood colleagues / business partners) and external (for vendors / payees) point of contact on AP operations matters
- Meet deadlines while ensuring that payables transactions are being recorded accurately and processed efficiently for close periods
- Lead the vendor / payee onboarding. Ensure that all required documentation is obtained for accurate and timely vendor / payee onboarding. Follow up when needed
- Document AP related processes and procedures and maintain training materials
- Manage all year-end tax required filings to the U.S. Internal Revenue Service (Forms 1099, 1042, etc.)
- Demonstrate a sense of urgency with the daily tasks. Go the extra mile to meet / exceed expectations
- Assist in ad-hoc projects (e.g., User Acceptance Testing), as necessary from time to time
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
Some candidates hear
back within 2 weeks
39% female employees
-23% employee growth in 12 months
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 values
- Safety First: Robinhood is a safety-first company
- Participation is Power: At Robinhood, the rich don’t get a better deal
- Radical Customer Focus: We exist to make our customers happy
- First-Principles Thinking: We make bold bets and challenge the status quo
Company HQ
Downtown Menlo Park, Menlo Park, CA
Articles
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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