Full-Time

Staff Accountant

Confirmed live in the last 24 hours

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Fintech
Crypto & Web3

Compensation Overview

$56.8k - $71kAnnually

+ 25% Bonus Target + Equity Stock Options

Mid

No H1B Sponsorship

Reno, NV, USA

Hybrid position requiring in-office presence.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Requirements
  • BA/BS in Accounting preferred.
  • At least 2 plus years of relevant work experience in an Loan Accounting role. Tech startup experience helpful but not required.
  • Proficiency in Excel required; familiarity with SAGE, WorkDay, Bill.com, and Expensify 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.
Responsibilities
  • 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.
  • 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.

Figure provides financial products that help homeowners access their home equity quickly and efficiently. The company specializes in home equity lending, offering products like Home Equity Lines of Credit (HELOCs) and mortgage refinancing. By utilizing blockchain technology, Figure streamlines the application process, allowing homeowners to receive funds in as little as five days, which is much faster than traditional banks that can take weeks or months. This technology also enhances the security and cost-effectiveness of transactions. Figure generates revenue through origination fees and interest on loans, with competitive rates starting at 3.49% APR. Targeting homeowners across various U.S. states, Figure aims to meet the demand for quick access to home equity for purposes such as home improvements or debt consolidation. The company's goal is to expand its services while providing a reliable and efficient solution in the home equity lending market.

Company Stage

Series D

Total Funding

$406.6M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased blockchain adoption boosts Figure's secure transaction offerings.
  • Figure Connect taps into growing demand for liquid private capital markets.
  • Michael Tannenbaum's CEO appointment suggests potential for significant growth.

What critics are saying

  • Increased competition from banks may erode Figure's market share.
  • Cryptocurrency market volatility could impact Figure's blockchain services.
  • Regulatory scrutiny on blockchain may increase compliance costs for Figure.

What makes Figure unique

  • Figure uses blockchain to offer fast, secure home equity access.
  • The company provides a fully online application process for quick fund access.
  • Figure's competitive interest rates start as low as 3.49% APR.

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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.