Staff Accountant II

SoFi • Cottonwood Heights, UT

1d

About The Position

The role: SoFi is seeking a Staff Accountant II to join our growing SoFi Controllership team. This is an exciting opportunity for professionals looking for a team-oriented environment where you feel you are making a difference and seek to develop your accounting and operational skills within our organization. These roles are vitally important in supporting accounting and reconciliations governance including process improvements. By joining SoFi, you’ll become part of a forward-thinking technology company that is transforming financial services with innovative loan products and investment tools. What you’ll do: Perform daily, weekly, monthly detailed account reconciliations Assist in the monthly and year-end close processes as well as assisting with year-end annual audit requests Gain a working understanding of the SoFi systems and how transactions flow between systems and the general ledger and helping with securing the best independent support for the team. Collaborate with cross-functional teams within the finance, operations and engineering organizations to assist in researching reconciling items and clearing them in a timely manner as well as thinking through how to prevent those items from happening again. Work to streamline and improve the reconciliation processes including automation within the reconciliation tool. Analyze accounts, journal entries, subsidiary ledgers, and other accounting documents for accuracy and completeness in connection with reconciliations. Identify reconciliation issues and work with senior team members to come up with an effective execution approach Prepare complete and easy to follow workpapers explaining issue, procedures and conclusion Perform analytical review of the Balance Sheet and Income Statement Prepare or assist in developing and preparing analytical and statistical reports to drive leadership decision making around reconciliations Perform ad-hoc reports and analyses upon request in relation to reconciliations Work closely with Bank Operations, Accounts Payable, and Treasury departments to ensure that transactions are recorded properly under U.S. GAAP

Requirements

• 3+ years of Accounting experience
• Bachelor’s degree in Accounting, Finance or Business or equivalent
• Applied working knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and accounting procedures
• Strong organizational, analytical, mathematical, and project management
• A forward-thinking and hands-on approach
• A desire to learn
• Proactive and self-driven with the ability to think creatively within a flexible environment
• Strong knowledge of accounting theory and practice
• Computer skills, including Excel, Word, and general ledger and reconciliation systems
• Knowledge of balance sheets, income statements, and mathematical concepts such as fractions, percentages, and ratios

Nice To Haves

• Experience with Workday Financials
• CPA certification is a plus
• Audit experience
• Prior work experience performing reconciliations and using a reconciliation system

Responsibilities

• Perform daily, weekly, monthly detailed account reconciliations
• Assist in the monthly and year-end close processes as well as assisting with year-end annual audit requests
• Gain a working understanding of the SoFi systems and how transactions flow between systems and the general ledger and helping with securing the best independent support for the team.
• Collaborate with cross-functional teams within the finance, operations and engineering organizations to assist in researching reconciling items and clearing them in a timely manner as well as thinking through how to prevent those items from happening again.
• Work to streamline and improve the reconciliation processes including automation within the reconciliation tool.
• Analyze accounts, journal entries, subsidiary ledgers, and other accounting documents for accuracy and completeness in connection with reconciliations.
• Identify reconciliation issues and work with senior team members to come up with an effective execution approach
• Prepare complete and easy to follow workpapers explaining issue, procedures and conclusion
• Perform analytical review of the Balance Sheet and Income Statement
• Prepare or assist in developing and preparing analytical and statistical reports to drive leadership decision making around reconciliations
• Perform ad-hoc reports and analyses upon request in relation to reconciliations
• Work closely with Bank Operations, Accounts Payable, and Treasury departments to ensure that transactions are recorded properly under U.S. GAAP

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level