Accounting Lead, Affirm
$102-155k
Salary is partially dependant on applicant’s location
More information about location
POS installment loans
Open for applications
POS installment loans
1001+ employees
Open for applications
$102-155k
Salary is partially dependant on applicant’s location
More information about location
1001+ employees
Company mission
To deliver honest and transparent financial products that improve users' lives.
Role
Who you are
- 5+ years of relevant professional experience is required (combination of private and public experience preferred) deep understanding of U.S. GAAP
- Recent experience in general ledger accounting at the Sr. Accountant or Accounting Manager level, or can demonstrate equivalent operational accounting abilities
- Ability to work under pressure and perform several tasks concurrently in a deadline driven environment
- Strong sense of ownership and curiosity to learn new skills
- Excellent analytical, creative problem solving, organizational and project management skills
- Takes initiative to implement changes that will simplify and improve processes
- Excellent interpersonal skills to optimally interact with the team, management, peers, cross-functional groups and business partners
- Excellent time management and organizational skills with interest in prioritizing and multitasking
- Advanced Microsoft Excel skills required (such as VLOOKUPS & conditional statements, pivot tables, data analysis, data visualization, what-if-analysis)
- NetSuite experience is preferred
- The desire to improve broken processes and make your own job easier over time
- Passion for Affirm and a strong interest in technology
What the job involves
- 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 process
- 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
- Responsible for preparing and/or reviewing journal entries related to cash operations, investments and intercompany accounting, performing month-end closing processes and financial analysis, researching historical balances, and performing ad hoc reporting and analysis
- Drive and lead processes related to the accounting period close for areas of functionality including but not limited to cash operations, investments and intercompany accounting, ensuring high quality work product and level of detail
- Reconcile, analyze, and review cash operations, investments and intercompany accounting, in preparation for month-end close to ensure accuracy and validity of accounting transactions
- Manage and oversee team members including coaching, mentoring, training, and workpaper review prepared by Sr. and Staff Accountants,
- Proactively review current procedures and seek ways to improve processes to ensure timely monthly close, accuracy of accounting entries, and operational efficiency
- Assist in designing, implementing, maintaining and monitoring corporate accounting policies and procedures; and assist in internal control and process documentation
- Support internal and external audit requirements related to specific assigned areas
- Lead and support any other ad hoc analyses and projects as assigned
Our take
Affirm offers point-of-sale loans to consumers, working with merchants like Shopify, KAYAK, and Walmart. Buy now, pay later transactions have grown in popularity in recent years, and this business is tapping into the market with a totally different approach to credit - by delivering the Affirm card, the first US debit card with the option to pay-over-time.
Boating over 15 million customers and 245,000+ merchants, the company offers flexible payback options, ranging from 3 to 36 months. The interest rates run between 0% and 30%, so, while they are not necessarily the cheapest option, Affirm prides itself on having no fees for late payments, no hidden charges, and total transparency about what people will pay before they take out a loan.
Affirm collects payments from the customers and pays the merchants directly, shouldering the risk itself. The company has boosted its market share, expanding its availability beyond the US to include most of Canada, and continues to launch new features and create new partnerships towards bettering its offering.
Kirsty
Company Specialist
Insights
Some candidates hear
back within 2 weeks
-11% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2020
$500m
SERIES G
Apr 2019
$300m
SERIES F
Total funding: $1.1bn
Company benefits
- Spending wallets
- Supportive communities
- Remote-first workforce
- Generous time off
- Health benefits
- Mental healthcare
- Birth and non-birth parents get 18 weeks’ paid leave. Plus, a 4-week return-to-work transition program, at full base pay
- We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family
- We offer 24 company-wide paid days off—which help our teams collectively pause to recharge
- Learning & development
Company values
- People Come First
- No Fine Print
- It's On Us
- Simpler is Better
- Push the Envelope
Company HQ
Chinatown, San Francisco, CA
Articles
Leadership
Max Levchin
(CEO)Has founded/co-founded numerous companies, holding various executive positions at each, including Paypal, Slide, Glow, HVF Labs, and SciFi VC. Also worked at large brands including Google, Yelp, Yahoo, and Evernote.
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