Affirm

Accounting Lead

Affirm$101K — $165K *
US-AnywhereRemote in United States
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of relevant professional experience, preferably in public accounting
  • Strong understanding of US GAAP and experience with technical accounting policies
  • Advanced Excel skills including data analysis and pivot tables
  • Preferred SQL experience or willingness to learn
  • Excellent project management and cross-functional collaboration skills
  • Detail-oriented with a passion for process improvement
  • Interest in technology, money movement, BNPL, and consumer lending

Responsibilities

  • Lead initiatives to improve core business controls and month-end close processes
  • Develop project plans and communicate objectives and progress
  • Serve as liaison between close teams and cross-functional partners
  • Review and enhance current accounting procedures for efficiency
  • Propose scalable solutions balancing effort, risk, and cost
  • Collaborate with Record-to-Report team on report requests
  • Address complex business issues as directed by the Director of Core Business

Benefits

  • 100% subsidized medical coverage for employees and dependents
  • Generous stipends for technology, food, lifestyle needs, and family forming expenses
  • Competitive vacation and holiday time off
  • Employee stock purchase plan at a discount
Full Job Description
As an Accounting Lead you have in-depth knowledge of generally accepted accounting principles, proficiency in accounting systems, and strong motivation to drive processes that contribute to the achievement of an efficient monthly/quarterly/annual close and financial reporting processes. You pay great attention to detail and the ability to deliver results under deadlines, as well as working effectively cross-functionally in a rapidly changing environment. Above all, you have tremendous problem solving and communication skills that you are looking to utilize in support of Affirm's continued growth and pursuit of our mission to deliver honest financial products that improve lives

What You'll Do
  • Lead targeted cross-functional initiatives in the area of Core Business to remediate existing control deficiencies and/or implement operational efficiencies into the month-end close process.
  • Develop a project plan, and clearly communicate project goals, updates, resource needs and business outcomes.
  • Act as the point of contact between the Operational close teams and partners in Product, Engineering, Financial Platforms, Financial Systems, and Technical Accounting to incorporate new products and/or processes into the GL.
  • Proactively review current procedures and seek ways to improve processes to ensure timely monthly close, accuracy of accounting entries and operational efficiency.
  • Develop deep expertise in existing accounting processes and recommend a path forward that balances scalability, level of effort, time to deliver, financial risk and cost.
  • Work with the Record-to-Report team to understand problem areas and translate requirements into report requests with our Financial Systems team.
  • As assigned by the Director of Core Business, resolve one-off business topics and/or complex cross-functional issues.


What We Look For
  • 4+ years of relevant professional experience is required (public accounting experience preferred).
  • Solid understanding of US GAAP, and ability to partner with the Technical Accounting team on accounting policy implementation and adherence.
  • Advanced Microsoft Excel skills required (such as VLOOKUPS & conditional statements, pivot tables, data analysis, what-if-analysis).
  • SQL experience or strong interest in developing SQL skills preferred.
  • Excellent project management skills and ability to foster cross-functional collaboration to drive meaningful improvements to the close process.
  • The desire to improve processes and make your own job easier over time, taking ownership of all aspects of your functional area.
  • Passion for Affirm and a strong interest in technology, money movement, BNPL, and consumer lending.

Pay Grade - I
Equity Grade - 5

Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills. Base pay is part of a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents.)

USA base pay range (CA, WA, NY, NJ, CT) per year: $115,000 - $165,000
USA base pay range (all other U.S. states) per year: $101,000 - $151,000

Please note that visa sponsorship is not available for this position.

#LI-Remote

Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.

We're extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:
  • Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
  • Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
  • Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
  • ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount

About Affirm

Affirm is a publicly traded financial technology company headquartered in San Francisco, United States. Founded in 2012, the company operates as a financial lender of installment loans for consumers to use at the point of sale to finance a purchase. Affirm was founded in 2012 by Max Levchin, Nathan Gettings, Jeffrey Kaditz, and Alex Rampell as part of the initial portfolio of startup studio HVF. Levchin, who co-founded PayPal, became CEO of Affirm in 2014. In October 2017, the company launched a consumer app that allowed loans for purchases at any retailer. The company announced a partnership with Walmart in February 2019. Under the partnership, Affirm is available to customers in-store and on the Walmart website. Affirm has partnered with e-commerce platforms including Shopify, BigCommerce, and Zen-Cart. On November 18, 2020, Affirm filed with the Securities and Exchange Commission in preparation for an initial public offering. On December 12, 2020, it was reported that Affirm had postponed its IPO. On January 13, 2021, Affirm became listed on NASDAQ with symbol AFRM, raising about $1.2 billion in its IPO. By the next day, the price of shares had doubled, making Levchin's stake worth about $2.5 billion. In May 2021, Affirm acquired Returnly, a financial technology service company, for $300 million.
Learn more about Affirm
Size
1,300 employees
Market Cap
$2.5 billion
Industry
Net Income
-$97.6 million
Founded
2012
Revenue
$617.1 million
NASDAQ

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