Intercompany Accounting Manager, Flex
$120-130k
+ Equity
3+ days a week in office (Union Square, NY)
Flexible rent payment application
Open for applications
Flexible rent payment application
501-1000 employees
Open for applications
$120-130k
+ Equity
3+ days a week in office (Union Square, NY)
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- 6+ years accounting experience in financial and/or start up environment
- Ability to work in a team environment as well as independently
- Bachelor's degree (BA) in Accounting
- Demonstrated analytical and problem-solving skills
- Ability to effectively manage multiple tasks simultaneously and handle adverse and urgent situations with rapid changes in priorities
- Strong Excel and consolidation skills
- Strong PC background with working knowledge of ERP and financial systems
- Proven time management and project management ability
- Excellent interpersonal, oral and written communication skills
- Desire to work in an exciting, start-up environment that encourages individual growth and excellence
What the job involves
- Assist with daily and monthly intercompany tasks, including journal entry preparation, account reconciliations, and variance analysis
- Manage accounting and reporting for Flex and its subsidiaries, including financial transactions such as rent payments, banking activities, and intercompany transactions
- Contribute to the development and implementation of scalable accounting processes, including Transfer Pricing and intercompany reporting, to ensure timely and accurate close processes and external reporting
- Establish and implement processes to prepare for external reviews, ensuring all documentation and requirements are fulfilled
- Serve as the main accounting contact for internal and external reviewers, auditors, and licensing authorities
- Work closely with the legal team to integrate licensing, examination, and review strategies into organizational planning
- Prepare balance sheet calculations, reconciliations, and analysis for the VP of Accounting’s review
- Lead the planning, execution, and oversight of all external examination activities related to Flexible Finance and its subsidiaries
- Take the lead in preparing audited financial statements for external auditors
- Assist with compliance and regulatory filings on a monthly, quarterly, and yearly basis by supporting the close process for each period
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
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