Betterment

Sr. Accountant

Betterment$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; CPA or CMA preferred
  • 3-5 years of accounting or finance experience in public and private sectors
  • Strong grasp of financial statements and US GAAP
  • Proven expertise in financial reporting with attention to detail
  • Excellent communication skills to explain financial data to non-experts
  • Willingness to embrace new challenges and responsibilities
  • Desire to work in a diverse and collaborative environment
  • Proficiency in Excel; experience with Netsuite preferred

Responsibilities

  • Assist in the month-end close process with accurate journal entries and account reconciliations
  • Manage fixed and prepaid assets, ensuring compliance and accuracy in reporting
  • Implement innovative process improvements for operational efficiency and compliance
  • Develop scalable accounting processes for timely financial reporting
  • Support the annual external audit with documentation and auditor inquiries
  • Handle additional ad-hoc requests as they arise

Benefits

  • Comprehensive medical, dental, and vision coverage; life and AD&D insurance
  • Equity opportunities for all employees, including new hire grants
  • Flexible paid time off and a fully paid four-week sabbatical after six years
  • Company-funded professional coaching for all employees
  • Day-one 401(k) match and matching on qualified student loan payments
Full Job Description
About the Role

Betterment's Controller team plays a critical role in safeguarding the financial health of our business through detailed analysis, accurate financial reporting, and strategic financial guidance. We are looking for someone who is enthusiastic about deeply engaging with the day-to-day operations of our organization to ensure financial accuracy and strategic alignment. You are a proactive team player who thrives in cross-functional environments, ready to take initiative and solve complex problems. You are passionate about financial transparency and excel at building partnerships with key stakeholders across the company. You're excited to flex your skills at a dynamic growth stage company where no two days are the same. In this role, you will join our tight-knit finance team and work directly with accounting leadership.

This role is based out of our NYC office. Below we've reflected the base salary range we would offer for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment's total compensation package for employees.
  • New York City: $110,000- $130,000

This job may also be eligible for variable compensation in the form of a company incentive bonus.
A Day in the Life
  • Assist in the month-end close process, ensuring timely and accurate recording of journal entries, meticulous account reconciliation, and insightful variance analysis to inform strategic decision-making
  • Oversee and optimize the management of fixed assets, prepaid assets, and revenue to ensure compliance, efficiency, and accurate financial reporting
  • Continuously seek and implement innovative process improvements within the accounting function to drive operational efficiency, ensure compliance, and enhance overall financial integrity
  • Assist in the development and implementation of scalable, robust accounting processes that ensure timely and accurate financial reporting, enabling the business to scale effectively
  • Play a key role in our annual external audit process by preparing necessary documentation, responding to auditor inquiries, and implementing audit recommendations
  • Perform additional ad-hoc requests which arise throughout the year
What We're Looking for
  • Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification preferred
  • 3-5 years of experience in accounting or finance, with a strong background in both private and public industry sectors, including audit, financial reporting, and variance analysis
  • Strong understanding of financial statements and US GAAP
  • Demonstrated expertise in financial reporting, with a high level of accuracy and keen attention to detail in variance analysis and financial data interpretation
  • Excellent verbal and written communication skills, with the ability to convey complex financial information to non-financial stakeholders
  • Willingness to take on new challenges, responsibilities, and assignments
  • Desire to work within a diverse, collaborative, and driven professional environment
  • Proficiency in Excel
  • Experience with Netsuite preferred

Join a team built on these core values

We change lives

Be a part of a community of innovators working to transform financial outcomes for real people. Your work will make an impact, always laddering up to our mission; to empower people to build wealth with confidence and ease

We set audacious goals

We set them for the company, our customers, and ourselves, and we won't stop until we reach them. We don't just show up; we give our all, then celebrate our wins.

We value all perspectives

When we collaborate, we're at our best. We believe diverse perspectives lead to better outcomes and strive to uphold our supportive and inclusive community.

We simplify financial services

We're financial services pioneers, always finding new ways to improve, optimize, and enhance. Constant improvement is in our DNA.

Our Commitment to Your Total Well-being:
  • We offer a competitive suite of benefits, including medical, dental, and vision coverage; life and AD&D insurance; short- and long-term disability; infertility support and WPATH-aligned transgender health benefits; an Employee Assistance Program (EAP); transit benefits and FSA and HSA options
  • Ownership: Equity for all employees, including new hire and refresher grants.
  • Time: Flexible paid time off, paid parental leave, and a fully paid four-week sabbatical in your sixth year.
  • Growth: Company-paid professional coaching for all employees.
  • Wealth: Day-one 401(k) match plus matching on qualified student loan payments.
What happens next

We'll take a few weeks to review all applications. If we'd like to spend more time with you, we'll reach out to arrange next steps, which will include 3-4 sets of meetings with your future colleagues.

In the interview process, we'll look to learn more about your skills, experiences, capabilities, and motivators. Many of our questions will be aimed at understanding how you might operate here at Betterment. Depending on the role, we may ask you to complete a case study exercise or technical assessments, as we want to collect a robust set of data points to better inform our decisions.

On average, it takes us around 3-5 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 2-3 final round candidates before making a hiring decision. Please note that, as we usually receive an overwhelming number of applications for open positions, we're unable to offer individual feedback during the interview process.

We recognize that interviewing for a new role is a big deal. We appreciate you considering Betterment as the next step in your career, and our Recruiting Team is here to support and advocate for you through the interview process!

Betterment is dedicated to providing accommodations to candidates upon request. If you need accommodations at any point throughout the interview process, please reach out to your recruiter.

Please note that in any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Come join us!

About Betterment

Betterment is a financial services company that provides automated investment management and financial planning services. The company's platform uses algorithms to create and manage investment portfolios for its clients, with a focus on low fees and tax efficiency. Betterment was founded in 2008 and is headquartered in New York City. The company has grown rapidly in recent years, and now manages over $22 billion in assets for more than 500,000 customers.
Learn more about Betterment
Size
500 employees
Industry
Founded
2008

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