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Who we are:
Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance. We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The role:
SoFi is seeking an Accounting Manager to join SoFi's controllership organization, reporting to the Assistant Controller, Corporate Controllership. In this role, you will support our growing business and be a key leader in running the daily operations of the Corporate team, with a focus on technical accounting transactions including accounting for equity (ASC 505 and 260) and investments (ASC 320), close management, review of close processes, overseeing staff and senior work, as well as other critical responsibilities.
SoFi's fast pace of growth provides career development (e.g., work directly with senior and executive management) and learning opportunities (e.g., automation, process improvements, and breadth of products/transactions) considering the role's enterprise-wide exposure.
What you'll do:
- Directly contribute to the company's financial stability and growth by managing high-impact financial close processes including overseeing the month-end, quarter-end, and annual financial close processes, ensuring accuracy and compliance with tight deadlines.
- Lead the execution of and review of journal entries, results and fluctuations, and reconciliations of general ledger accounts in accordance with US GAAP.
- Drive key initiatives and mentor accounting staff fostering professional development and providing guidance and feedback on journal entries, reconciliations, and variance analyses.
- Oversee the end-to-end accounting process; independently determining methods to solve problems and taking action to execute solutions with limited assistance.
- Research and interpret accounting treatment and apply guidance to corporate accounting matters, vendor contracts, new transactions, and other related areas.
- Support quarterly and annual SEC filings and ensure compliance with SOX requirements.
- Serve as key external audit liaison and act as primary contact for the year-end annual audit, as well as for internal audit and SOX compliance requests, facilitating effective communication and collaboration.
- Drive automation and process improvements to streamline workflows across the accounting function and enhance efficiencies.
- Collaborate cross-functionally to support business decision-making through insightful analysis, fostering a culture of teamwork and transparency.
What you'll need:
- Bachelor's degree in Accounting or Finance; Masters or MBA preferred.
- 5-8+ years of accounting experience with evidence of assuming roles of greater complexity, responsibility, and accountability during their career.
- Certified Public Accountant (CPA) or equivalent.
- Big 4 accounting or large regional firm experience, experience in a public company environment preferred.
- Proficiency in MS Excel and excellent writing skills.
- Deep understanding of US GAAP and the ability to communicate complex accounting issues to both finance and non-finance personnel.
- Must demonstrate attention to detail, analytical abilities, and consistent follow-through, including project management skills.
- Strong collaboration skills with experience working cross-functionally with teams in finance, operations, legal, and HR.
- Experience with managing teams ranging from 1-4.
- Fingerprint background check as required by FINRA due to the nature of this position.
- Ability to influence stakeholders through subject matter expertise and facilitate dialogue that aligns with strategic priorities.
Nice to have:
- Experience in financial services and/or technology industries.
- Ability to automate and simplify large datasets.
- Experience with ETL tools and other data transformation tools (Alteryx, Tableau, Snowflake, etc.).
- Experience with Accounting ERPs.
- Ability to think critically and work independently, while also managing small teams.
Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
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