Senior Analyst, SoFi
SEC Reporting and Policy
$86.4-162k
+ Bonus
Mobile & online personal finance services
Be an early applicant
Mobile & online personal finance services
1001+ employees
Be an early applicant
$86.4-162k
+ Bonus
1001+ employees
Company mission
To help people reach financial independence to realize their ambitions.
Role
Who you are
- 6+ years of experience, with public company exposure, either Big 4 accounting or a mix of Big 4 and industry experience
- CPA certification
- Bachelors or Masters degree in accounting, finance or related field
- Knowledge of US GAAP and SEC regulations and research ability in the applicable literature required
- Strong written and verbal communication skills, including the ability to present accounting concepts and principles to non-accountants
- Problem-solving skills and the ability to digest complex information efficiently
- Keen attention to detail and strong analytical skills
- Ability to work independently and within a team
- Ability to prioritize and meet deadlines in a fast paced environment
- Experience with accounting and project management applications preferred (e.g., Workiva, Workday, JIRA)
What the job involves
- SoFi is searching for an SEC Reporting and Policy - Senior Analyst with financial reporting experience to support the company’s SEC reporting and accounting policy functions
- The right candidate will have relevant experience in the compilation, preparation and review of quarterly (e.g. earnings,10-Q) and annual (e.g. 10-K) SEC reporting requirements, coupled with a strong understanding of the SEC and GAAP regulations that underpin them
- Additionally, this individual will demonstrate a strong sense of teamwork and a positive, solution-oriented approach when collaborating across departments, readily offering support and embracing new challenges
- The SEC Reporting and Policy - Senior Analyst will be responsible for supporting the preparation and/or review of the Company’s financial disclosures, as well as the development and maintenance of the company’s accounting policies
- This individual will work closely with the Finance and Investor Relations teams as well as with other teams within the Controllership organization to ensure compliance with the Company’s SEC reporting requirements and applicable technical accounting standards
- This position will report to the Director of Financial Reporting & Policy - and will be part of the SEC Reporting & Policy Controllership team
- Partner with Investor relations and broader Controllership - to support the preparation and review of quarterly earnings releases and financial supplements
- Play an integral role in the Company’s preparation of its consolidated financial statements and footnote disclosures on a quarterly (10-Q) and annual basis (10-K) under public company accounting standards
- Prepare and/or review tie-out packages and documentation to support timely review of financial statements, MD&A and other disclosures, to ensure SOX controls compliance, and to facilitate audit procedures
- Complete disclosure checklists to ensure compliance with US GAAP and SEC accounting and financial reporting requirements
- Research complex accounting issues to support the Company’s development of new programs, including providing insight into accounting principles and conducting industry benchmarking
- Document technical accounting conclusions for significant accounting matters as they arise, including business transactions and new/amended products or programs
- Serve as a point of contact with external and internal auditors for the Financial Reporting team
- Contribute to the team’s efforts to enhance its financial reporting processes and procedures through the use of tools, automation, and alignment with cross-functional teams, such as the regulatory reporting team
Our take
SoFi started by offering ways for students to secure better financial terms on their loans, and now offers a huge range of personal finance products, including bank accounts, loans, mortgages, investment advice, and investment opportunities. Many customers find they have to go to multiple financial service providers to meet all their finance needs, but SoFi overcomes this issue by putting it all in one place.
Its goal, to cover all the financial bases, sets them apart from many of the traditional banks and even some of their digital competitors, such as Avant, which has chosen to focus on providing credit alternatives. Although it is operating in a competitive market with a lot of big players such as Monzo, Revolut, and Starling, the company has managed to raise huge amounts of funding to support its rapid expansion.
SoFi has focussed on global expansion, moving outside the US, and has made a series of acquisitions to support this - including a Hong Kong-based investment app called 8 Securities. After going public on the New York Stock Exchange via a SPAC merger in June 2021, the company has continued to evolve and release more mission-oriented services into its roster, and strengthened its lending capabilities through a $350 million post-IPO loan. To date, the company has sold over $15 billion in personal loan collateral and continues to strengthen its offering.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Jan 2021
$369.9m
LATE VC
May 2019
$500m
GROWTH EQUITY VC
Total funding: $2.7bn
Company benefits
- Comprehensive health, vision, dental, life insurance, and disability benefits
- Generous vacation and holidays
- Paid parental leave for eligible employees
- 401(k) and education on retirement planning
- Tuition reimbursement on approved programs, up to $5,250 per year
- Monthly contribution up to $200 to help you pay off your student loans
- Great health & well-being benefits including: telehealth parental support, subsidized gym program
- Flexible time off
- Fertility and family planning options
- Free financial classes
Company HQ
The East Cut, San Francisco, CA
Leadership
Anthony Noto
(CEO)Graduated from the U.S. Military Academy after being a telecommunications officer and captain in the U.S. Army. Has worked as Head of Gobal Telecommunications, Media and Technology at Goldman Sachs, been the COO of Twitter, and also the CFO of the National Football League.
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