Director of Accounting, Tally
$163-266k
Automated credit card debt payment
Job no longer available
Automated credit card debt payment
201-500 employees
Job no longer available
$163-266k
201-500 employees
Company mission
To fully automate people's finances to make them both less stressed and better off financially.
Role
Who you are
- 10+ years of combined public and industry experience
- Experience managing and building high performing teams
- Experience designing and implementing new policies and procedures
- Proactive style with very strong organization and attention to detail
- Strong verbal and written communication skills with the ability to articulate technical Accounting guidance or issues in easy to understand business terms to key decision-makers
- Strong prioritization skills with the ability to manage multiple projects simultaneously
- Startup minded: high energy, low maintenance, self-starter that is comfortable in a fast-paced environment
- Experience administering ERP and equity systems such as NetSuite and Carta
- Knowledgeable in US GAAP lending related standards
- CPA strongly preferred, but not required
- Experience working with consumer lending and diverse financing structures preferred
What the job involves
- As the Director of Accounting, you will be responsible for building an exceptional accounting team and developing scalable and compliant processes, controls, and policies that support a rapidly growing business
- You will provide technical and functional administrative leadership for operational accounting activities (Accounts Payable, General Ledger, Loan Accounting, Payroll, Tax, and Treasury) and partner closely with our FP&A, business operations, analytics and capital markets teams to empower better decision making through timely and accurate financials
- Oversee all areas of Accounting including but not limited to Accounts Payable, General Ledger, Loan Accounting, Payroll, Tax and Treasury
- Identify key process gaps to shorten our month-end close & continue to improve accounting operation
- Create, maintain, enhance our business policies, accounting policies and financial controls
- Develop and ensure effective internal controls and safeguards over company assets, and ensure compliance with contractual obligations, regulatory requirements and company policies
- Establish and own key accounting policies and initiatives such as revenue recognition, loss reserves, investments, transfer pricing, and tax strategy
- Manage annual audit to timelines required by investors and debt providers
- Apply technical knowledge of US GAAP to monitor, evaluate impact, and implement new accounting standards and regulatory requirements
Otta's take
Theo Margolius
COO of Otta
For the millions of people across the globe who are in debt, structuring payments and financial planning can feel like a huge mountain to climb. Tally is a credit card payment app that is helping customers get debt free by consolidating credit cards and store cards into one manageable monthly payment.
Eligible clients are offered a customized low-interest line of credit. Once accepted, debts are consolidated and paid off with the Tally line of credit at a fixed rate. This is a saving grace for many people in debt who have a variable APR on multiple different cards which can be challenging to budget for. Tally charges an annual fee that's included in the line of credit so customers are not out of pocket (another smart move to help those who are already worried about cash flow).
Having achieved over $172m in funding and deploying add-on services like automatic student loan management and credit score improvement, Tally has recently brought Twitter's Jan Chong on board to grow the engineering team with a dual focus on recruiting and retaining talent as well as scaling products and capabilities so they can bring financial automation to more people.
Insights
-8% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Oct 2022
$80m
SERIES D
Jun 2019
$50m
SERIES C
Total funding: $172m
Company benefits
- Get exposure to every facet of the business
- Education budgets
- Career development plans
- Dog-friendly office
- 401k
- Flexible vacation policy
- Weekly catered lunches
- Happy hours
- Free La Croix
- Work from home opportunities
- Health insurance
Company values
- Don’t say nothing
- Own the outcome
- Change shoes often
Company HQ
Mission District, San Francisco, CA
Articles
Founders
Jason Brown
(CEO)Jason founded Gen110, focusing on consumer debt products, and Bask, a leader in remote technical support. Before launching Tally, they were an Associate at Voyager Capital, investing in early-stage media and software companies and were a Fellow at Leaders in Tech.
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