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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 searching for an Accounting Policy Manager with strong technical accounting experience to support the Company's accounting policy function.
The Accounting Policy Manager will be responsible for supporting the documentation of technical accounting conclusions as well as the development and maintenance of the company's accounting policies. This individual will work closely with the finance and legal teams as well as with other teams within the controllership organization to ensure compliance with applicable technical accounting and regulatory standards.
Your deep understanding of accounting principles, regulatory requirements, and industry practices will be instrumental in providing timely guidance to the business in planning transactions, programs, and products. You will also collaborate within the controllership organization to ensure accurate implementation and documentation of technical accounting decisions.
This position will report to the Accounting Director, Policy and M&A, and will be part of the SEC Reporting & Policy Controllership team.
The right candidate will have technical accounting experience across a range of topics, including loan sales, securitizations, consolidation, and revenue recognition, paired with a background in financial services and/or software & technology. The Accounting Policy Manager will also have strong communications skills, including drafting technical memos and presenting relevant accounting considerations to cross-functional audiences.
What you'll do:
- Research complex accounting issues at deal speed to support the Company's development of new programs, including providing insight into accounting principles and conducting industry benchmarking.
- Document technical accounting conclusions for significant accounting matters as they arise, including large transactions and new/amended products or programs.
- Support the preparation and review of financial statements and disclosures, particularly with respect to significant accounting matters and changes in accounting standards.
- Develop, maintain, and update accounting policies.
- Monitor standard-setting and rule-making activities by the FASB, SEC, and other regulators. Support impact assessments and implementation of changes.
- Collaborate with internal and external auditors to facilitate smooth audits and procedures.
- Support special projects as needed, including mergers and acquisitions, process improvement and development, and systems implementations.
What you'll need:
- 6+ years of relevant experience in public accounting or a combination of public and industry. Financial services and/or software & technology industry experience preferred.
- Bachelor's degree in Accounting, Finance, or related field.
- CPA certification.
- Strong knowledge of US GAAP and SEC regulations and research proficiency in the applicable literature required. IFRS and bank regulatory experience preferred.
- Excellent problem-solving skills and the ability to digest complex information quickly.
- Experience reading and analyzing legal agreements, such as sale agreements, revenue contracts, and financial instruments.
- Keen attention to detail and strong analytical skills.
- Exceptional written and verbal communication skills, including the ability to present accounting concepts and principles to non-accountants.
- Ability to manage multiple projects in a fast-moving environment.
- Experience with accounting and project management applications preferred (e.g., Microsoft Excel, Jira, Workday, Workiva)
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!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.
What We Do
For nearly a decade, SoFi has helped transform the Fintech industry by creating financial products and services that help people borrow, save, spend, invest, and protect their money better, so they can achieve financial independence and realize their ambitions. Whether it’s owning a home, saving for retirement, paying off their student loans, or helping our members invest - SoFi is there every step of the way. Want to learn more about how it works? Check it out here: https://www.sofi.com/how-it-works/
Our core values are at the center of how we help our 2+ million members get their money right. They are our guiding principles for how we think about serving our members, building our company, and most importantly, how we work together. At SoFi, it’s not just what we do - but how we do it.
SoFi is also proud to be the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams.
For more information, visit SoFi.com
Why Work With Us
Together with our members, we’re changing the way people think about and interact with personal finance. We’re a next-generation Fintech company using innovative, mobile-first technology to help our 2+ million members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront.
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