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Full-Time

Controller

Posted on 6/8/2024

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Fintech
Crypto & Web3

Compensation Overview

$180k - $225kAnnually

+ Bonus + Equity

Expert

San Francisco, CA, USA

Offers in-office, remote, and hybrid work location options.

Category
Financial Controller
Accounting
Requirements
  • Bachelor’s Degree in Accounting or related field
  • Active CPA license a plus
  • 10+ years of relevant and progressive work experience in an accounting function
  • At least 3 years in a managerial or leadership role
  • Mix of industry experience at a public company and public accounting strongly preferred
  • IPO experience in the Controller role is a plus
  • Experience in the financial services industry preferred, specifically lending operations is a plus
  • Strong knowledge of US GAAP, SEC regulations, and financial reporting requirements
  • Proficient in accounting and related systems (e.g., Sage Intacct, Bill.com, Expensify and Paycom.)
  • Demonstrate initiative, sound judgment, and ability to motivate and mentor the Accounting team
  • Strong project management skills and ability to manage external service providers
  • A flexible approach and ability to prioritize tasks with ambiguity in a high growth environment
Responsibilities
  • Managing the year-end audit and ensuring timely and accurate completion
  • Assist with the preparation and review of financial reports
  • Driving efficient and accurate month-end close processes
  • Overseeing routine activities such as accounts payable, payroll, and cash management
  • Leading, mentoring, and developing a high-performing team of accounting professionals
  • Collaborating with stakeholders to assess financial impact of new transactions
  • Developing and establishing internal controls over financial reporting
  • Working with external tax compliance teams to ensure timely and accurate filing of tax returns
  • Staying up-to-date with new accounting and reporting standards
  • Providing technical accounting guidance to the finance team and other departments
  • Handling ad hoc projects as the company scales

Figure is a financial technology company that uses blockchain technology to improve financial transactions, specifically for homeowners. It offers products like Home Equity Lines of Credit (HELOCs) and mortgage refinancing, allowing homeowners to access their home equity quickly and efficiently. The application process is fully online, enabling funds to be accessed in as little as five days, which is much faster than traditional banks that can take weeks or months. By utilizing blockchain, Figure enhances the security and cost-effectiveness of transactions. The company generates revenue through origination fees and interest on loans, with competitive rates starting at 3.49% APR. Targeting homeowners in various U.S. states, Figure aims to meet the demand for quick access to home equity for purposes like home improvements or debt consolidation. The goal is to provide a reliable and efficient solution in the home equity lending market.

Company Stage

Series D

Total Funding

$1.9B

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-21%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of Figure Connect, a blockchain-based private credit marketplace, positions the company as an innovator in capital markets.
  • The appointment of Michael Tannenbaum as CEO brings experienced leadership, potentially driving further growth and innovation.
  • Figure's AI-powered chatbot and DART System streamline the HELOC origination process, enhancing operational efficiency and customer experience.

What critics are saying

  • The volatile nature of the blockchain and crypto markets could impact Figure's operations and customer trust.
  • Competition from traditional banks and other fintech companies may pressure Figure to continuously innovate and reduce costs.

What makes Figure unique

  • Figure leverages blockchain technology to offer faster and more secure home equity lending solutions, setting it apart from traditional financial institutions.
  • The company's fully online application process allows homeowners to access funds within five days, significantly quicker than the industry standard.
  • Figure's competitive interest rates and origination fees make it an attractive option for homeowners looking to tap into their home equity.

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Benefits

Health & wellness - Figure pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan.)

Continuing education - Figure will reimburse eligible employees for approved continuing education that either offers growth in an area related to his or her current position or that may lead to promotional opportunities.

Flexible time off - We offer 10 company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave.

Bonus & stock options - Figure’s Bonus Plan recognizes and rewards eligible employees’ efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure’s common stock.

INACTIVE