Director of Accounting/Assistant Controller
The Petal mission
Petal’s mission is to bring financial opportunity and innovation to everyone.
We're pioneering a new approach to credit, by analyzing an applicant’s banking history, in addition to credit history, to determine their creditworthiness. We call this technology a Cash Score — and it takes into account income, spending, and savings. It’s currently helping thousands of people qualify for credit at better rates, even if they’ve never had it before.
We bring the same ingenuity to our credit card products. Our simple and intuitive app gives members access to credit score tracking, budgeting tools, subscription management, and automated payment options—everything they need to make financial progress.
Now more than ever, Americans need help improving their credit safely, responsibly, and affordably. If this sounds like something you’d like to be a part of, apply now, and let’s change this trillion-dollar industry together.
At Petal, we're looking for people with kindness, positivity, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and potential will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Petal, we welcome diverse perspectives from people who think rigorously and aren't afraid to challenge assumptions.
The Director of Accounting/Assistant Controller Role
Petal is a credit card and financial technology company, so our ability to understand our financial performance is critical to our success. As Petal’s Director of Accounting/Assistant Controller, you will be responsible for keeping score and ensuring our management reporting is top notch. You’ll be in charge of documenting the financial results of Petal’s operations and card portfolio, seamlessly communicating our results throughout the company, and maintaining adherence to GAAP. You’ll also help manage our relationship with our external auditors and accountants, and support/develop robust financial and management controls.
Key responsibilities
- Spearhead the month-end and year-end close process
- Create historical financials in accordance with GAAP
- Prepare timely monthly financial reporting packages and interpret financial information for directors, stockholders and C-Suite executives
- Analyze company financial results and perform monthly/quarterly variance analysis
- Manage financial controls in accordance with policies and procedures, and assist with creating accounting policies and process documentation
- Oversee external accountants and bookkeepers, and review their monthly journal entries and reconciliations
- Participate in cash management and forecasting
- Manage annual audit
- Oversee Accounts Payable and Payroll
- Research technical accounting issues to inform financials
- Coordinate with various company teams (i.e. risk, capital markets, engineering) to ensure appropriate adjustments/updates/activities are made and reflected within the financials
- Assist in income tax provision preparation
- Participate in and support Petal’s strategic planning process
- Conduct other ad-hoc and special projects as needed
Characteristics of a successful candidate:
- 7+ years experience in public accounting, audit, or similar functions, with general business acumen sufficient to understand investor and board decision making
- Hold an active CPA license
- Knowledge of financial institution GAAP accounting and consolidation rules
- Organized, detail-oriented, analytical, ethical, and independent
- Comfort with both independent and group decision making, and able to generate consensus and project influence while managing conflict
- Ability to evaluate processes and look for/implement improvement plans including developing controls
- Strong project management skills across multiple projects
- Experience with NetSuite and SQL a plus
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