Role in brief
Figure, a fintech company using blockchain for capital markets, seeks a Staff Accountant specializing in loan accounting. This role involves managing journal entries, supporting month-end close, and ensuring GAAP compliance. Candidates with a background in loan accounting and a proactive approach to process improvement will find success.
About the role
This Staff Accountant position focuses on loan accounting within a fintech environment. The person in this role will be responsible for recording journal entries related to loan activity, performing account reconciliations, and preparing financial statements. A key aspect of the work involves ensuring data accuracy, identifying discrepancies, and proposing solutions to maintain financial integrity.
The role also supports the month-end close process, which includes preparing journal entries, accruals, and balance sheet reconciliations. The Staff Accountant will contribute to developing and updating accounting policies to ensure GAAP compliance and strengthen internal controls. Collaboration with cross-functional teams is expected to identify areas for improvement and resolve issues.
Success in this role means consistently meeting deadlines, maintaining accurate financial records, and proactively seeking ways to improve accounting processes. The company values individuals who can work independently, adapt to a fast-paced setting, and contribute to the design of automation solutions for real-time financial data, ultimately streamlining operations.
The annual salary for this position ranges from $67,000 to $87,000.
Skills that matter here
- Accounting: This role requires a foundational understanding of accounting principles to manage journal entries, reconciliations, and financial reporting.
- Excel: Proficiency in Excel is necessary for data analysis and various accounting tasks.
- GAAP: A strong understanding of US GAAP is essential for ensuring compliance in all accounting practices and policy development.
- SAGE: Familiarity with SAGE is preferred for managing accounting operations within the company's systems.
- Netsuite: Experience with Netsuite is preferred, indicating its use in the company's financial management tools.
- WorkDay: Familiarity with WorkDay is preferred, suggesting its application in broader financial or HR systems.
Who this role suits
- A person with a Bachelor's degree in Accounting and at least two years of relevant experience in loan accounting.
- Someone who is highly analytical, detail-oriented, and capable of working independently to meet tight deadlines.
- An individual who is flexible, adaptable, and thrives in a fast-paced, startup environment.
- A proactive problem-solver who seeks to improve processes and contribute to automation solutions.
From the employer
- Record journal entries related to loan activity and perform account reconciliations for a number of loan related accounts ensuring data accuracy, identifying discrepancies, and proposing solutions when needed.
- Support the month-end close process by preparing journal entries, accruals, and balance sheet reconciliations.
- Assist with the preparation of financial statements, conduct analyses, and validate data integrity.
- Develop and update accounting policies and procedures to ensure GAAP compliance and strengthen internal controls.
- Assist with external audits by preparing necessary documentation and providing ongoing support.
- Collaborate regularly with cross-functional teams to identify areas for improvement and resolve issues.
- Ensure compliance with internal accounting policies and control procedures.
- Drive process improvement and design of automation solutions to further streamline real-time financial data for decision making.
- Contribute to various ad hoc projects as the company grows.
- BA/BS in Accounting required.
- At least 2 plus years of relevant work experience in a Loan Accounting or similar industry accounting role.
- Tech startup experience helpful but not required.
- Proficiency in Excel required; familiarity with SAGE, Netsuite, WorkDay, Expense Management solutions preferred.
- Strong understanding of US GAAP.
- Excellent time management, attention to detail, and ability to work independently with minimal supervision while meeting tight deadlines.
- Strong analytical skills.
- Flexible and adaptable, with the ability to prioritize tasks and thrive in a fast-paced startup environment.
- Proactive approach to process improvement for operational efficiency.
- Salary Compensation Range: $67,000 - $87,000/yr
- 25% annual bonus target, paid quarterly
- Equity RSU package
- Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans
- Company HSA, FSA, Dependent Care, 401k, and commuter benefits
- Employer-funded life and disability insurance coverage
- 11 Observed Holidays & PTO plan
- Up to 12 weeks paid family leave
- Continuing education reimbursement
Questions about this role
What is the remote work policy for this position?
This is a fully remote position.
What level of seniority is this role?
This position is for a middle-seniority Staff Accountant.
What are the key skills required for this role?
Key skills include Accounting, Excel, and a strong understanding of GAAP. Familiarity with SAGE, Netsuite, and WorkDay is preferred.