Credit Card Accounting Manager

Accounting
Cottonwood Heights, Utah

Description

Position at SoFi

Who we are

SoFi is a digital personal finance company whose mission is to help its members achieve financial independence to realize their ambitions, whether that be to buy a house one day, start a family on their own terms or be debt free. We aim to be at the center of our members’ financial lives, and to help every member Get Their Money Right®. By joining SoFi, you’ll become part of a forward-thinking company that is transforming financial services by embracing technology to build innovative loan products, investment tools, and more. One of the fastest growing fintech companies, we’ve grown from 250 employees in 2015 to over 1,500 employees today, and are well on our way to reaching 1 million members. With offices across the US, we offer the excitement of a rapidly growing startup with the stability of a seasoned management team and some of the best talent around. As an employer, we strive to hire employees who are committed to both our company’s mission and our desire to build the best culture in the world. If you are driven, passionate about what you do, and excited about the SoFi mission, we would love to hear from you.

The role

SoFi is looking for an Accounting Manager to support our Credit Card business.  In this role, you will account for the launch and ongoing accounting treatment of our new SoFi credit card business; this will be inclusive of our initial application of CECL to our credit card receivables.

What you’ll do:

  • Serve as the accounting lead for our credit card business, inclusive of the balance sheet, income statement and cash flow effects

  • Design and maintain reconciliations to ensure accurate and timely monthly reporting

  • Review and approve journal entries

  • Develop strong relationships with our Credit Card Business Unit and Risk team to ensure timely accounting recognition of contracts, business developments and changes to lifetime credit loss modeling

  • Serve as key point of contact for external auditors in their testing of our CECL reserve, fees and expenses

  • Collaborate with the CAO and Controller regarding technical accounting matters specific to the credit card business

  • Supervise one direct report (senior accountant)

What you’ll need:

  • Active CPA license; Bachelors or Masters degree in accounting

  • 8 years related experience, either Big 4 accounting or a mix of Big 4 and industry experience 

  • Strong attention to detail 

  • Ability to take initiative and work independently

  • CECL implementation experience

Nice to have:

  • Financial services industry experience

  • Proficient in MS Word and MS Excel

  • NetSuite experience

  • IPO experience

  • Credit card accounting experience

Why you’ll love working here

  • Competitive salary packages and bonuses

  • Comprehensive medical, dental, vision and life insurance benefits

  • Generous vacation and holidays

  • Paid parental leave for eligible employees

  • 401(k) and education on retirement planning

  • Tuition reimbursement on approved programs

  • Monthly contribution up to $200 to help you pay off your student loans

  • Great health & well-being benefits including: telehealth parental support, subsidized gym program

  • Employer paid lunch program (except for remote employees)

  • Fully stocked kitchen (snacks and drinks)

SoFi does not seek salary history information from job applicants.

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.

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