Treasury Accounting, Stripe
Investment & Derivatives
$126.6-189.8k
More information about location
A financial infrastructure platform for businesses
Job no longer available
A financial infrastructure platform for businesses
1001+ employees
Job no longer available
$126.6-189.8k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- Our dynamic team is expanding, and we’re looking for an experienced accountant to support our goals of scaling for the future
- This person will ideally have relevant experience with various areas of accounting including financial instruments, investments, hedge accounting, letters of credit, foreign currency, consolidation, and valuation concepts
- Ideally this person will have both public accounting and industry experience in tech or financial service industries, as well as experience working for companies with a high volume of complex transactions and issues
- A bachelors degree in Accounting, supported by 7-10 years of experience, preferably in the financial services or tech
- Expertise in U.S. GAAP and financial reporting requirements (CPA required)
- Detail oriented with exceptional organizational, analytical, and problem-solving abilities
Desirable
- Experience with investment, financial instrument, and hedge accounting
- Enthusiastic, self-motivated team player who brings a can-do approach
- Comfortable managing through ambiguous situations with the flexibility to constantly adapt in a fast paced environment
- Strong knowledge of Excel and SQL (preferred), with experience working with large data sets
- Experience with software Reval, Clearwater, and Oracle Financials Cloud (preferred)
What the job involves
- The Treasury Accounting Team is responsible for supporting all cash, investment, and financial activities at Stripe, consulting on accounting implications, and supporting Stripe’s ability to make informed strategic decisions
- We operate in a fast-paced environment and collaborate significantly with cross-functional and international teams
- To further this important mission, we are seeking a Treasury Accountant who has expertise in financial instrument hedging and investment valuation to support accounting for our internal Treasury initiatives
- Stripe’s Accounting team is a global organization with Stripes in San Francisco, Seattle, New York, Dublin, Singapore and Bangalore India
- This role reports to the Treasury Accounting Lead
- The candidate will be responsible for supporting all aspects of the financial, statutory, and internal reporting processes, financial systems, internal controls, and business support
- This person would also be responsible for advising on accounting and reporting requirements with reference to authoritative guidance
- In this role, you will partner with our global Accounting, Finance, Financial Systems, Regulatory/Compliance Legal and Tax teams
- Prepare and assist with all financial instrument hedge and investment portfolio accounting activities, including journal entries, reconciliations, and accounting memos in accordance with US GAAP
- Prepare monthly review and analysis related to investments, derivatives, and foreign exchange fluctuations in our financial statements
- Develop and maintain technical accounting policies and procedural documentation related to internal financial activities activities, including letters of credit, hedge accounting, and investment valuation
- Advise internal treasury finance team on accounting implications of treasury strategies
- Plan and perform monthly and quarterly close activities, including balance sheet reconciliations, variance analyses and analytical reviews, producing internal management reporting and external audit support
- Partner with Internal Systems, Treasury, Tax and Legal to support internal projects process improvements and automation
- Design, implement and execute efficient internal control procedures
- Automate, streamline and re-design processes to develop the most effective and accurate booking of transactions and reconciliations
- Participate in building scalable accounting processes to support global growth
- Support internal and external audit requests
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist
Insights
Some candidates hear
back within 2 weeks
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company values
- Built for builders - The best reason to work at Stripe is that you will have colleagues who support and challenge you to do the best work of your career. We combine a big-picture mindset with obsessive attention to the details, down to the last pixel, API parameter, and word.
- An environment of growth - We care about results more than CVs. We value managers who remain experts while developing talent and designing successful orgs. You can also have a big impact and advance far without managing anyone. We want you to take what you’ve been hired to do, and show us how it’s done – you might create something we never would have imagined. We have had account managers start a publishing arm, interns who have run business units, and hackathon participants who have built company-defining products.
- Fast-paced, detail oriented - We balance innovation with scrupulous attention to every bit and byte involved in the movement of money – because we can’t do our job well unless we do both. When we started, we emailed every API error to everyone at the company. Now, we have more than 250 million API requests a day – and we still care about each one.
- Voraciously curious - We wish there was a book that described what we need to do next (we’d even publish it), but since there isn’t, we all have to write it together. You will need to find answers to questions you’ve never been asked before. Sometimes, you will be the first person ever to contemplate a particular problem. We want people who devour books for fun and approach new challenges with eager curiosity.
Company HQ
SoMa, San Francisco, CA
Articles
Founders
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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