Full-Time

Financial Reporting Manager

Confirmed live in the last 24 hours

Avant

Avant

501-1,000 employees

Online personal loans and credit cards

Compensation Overview

$95k - $130k/yr

+ Annual Bonus

Senior

Chicago, IL, USA

Hybrid schedule (M, T, Th in-office)

Category
Financial Accounting
Financial Analysis
Accounting
Requirements
  • 6+ years of experience in accounting, with significant portions in SEC Reporting and public accounting, preferably Big Four audit
  • Bachelor or higher degree in accounting or finance; CPA required
  • Extensive US GAAP and accounting skills with the ability to convert technical research and interpretation into practical, strategic solutions
  • Strong analytical and problem-solving skills with attention to detail
  • Effective written and verbal communication skills
  • Demonstrates a proactive, hands-on style and the ability to prioritize and deliver results amidst a wide variety of critical initiatives
  • Dependable, organized, motivated and trustworthy
Responsibilities
  • Review monthly financial statements for internal and external reporting
  • Lead the preparation of quarterly and annual consolidated financial statements in compliance with GAAP and SEC requirements
  • Manage and enhance the quarterly disclosure checklist process, ensuring full adherence to US GAAP and SEC regulations
  • Partner closely with operational accounting team to facilitate the preparation of financial statements and disclosure schedules
  • Assist in technical accounting research and maintain accounting policies on complex accounting issues such as current expected credit losses (CECL), troubled debt restructurings, fair value, leases, stock based compensation, revenue recognition, transfers and servicing of financial assets, variable interest entities, etc.
  • Stay informed of emerging accounting pronouncements and disclosure requirements, serving as a resource for the organization
  • Assist in the interpretation and implementation of new accounting standards
  • Oversee annual audit processes, acting as one of the primary liaisons with auditors
  • Identify strategic opportunities and lead initiatives to streamline reporting processes and controls
  • Continuously refine and enhance external reporting procedures and policies
  • Assist in the formal build out and documentation of internal controls over financial reporting, including the identification and remediation of control gaps
Desired Qualifications
  • Familiarity with FinTech/lending industry preferred
  • Experience or familiarity with NetSuite, WDesk, and other accounting efficiency software packages is preferred

Avant provides online lending services, focusing on personal loans and credit cards. Customers can apply for personal loans ranging from $2,000 to $35,000 and credit cards with limits between $300 and $1,000. The application process is entirely online, allowing for quick approvals and a transparent experience. Avant generates revenue through interest rates on loans, which vary from 9.95% to 35.99% APR, and fees from credit card products. What sets Avant apart from competitors is its user-friendly application process, fast approval times, and strong customer support. The company's goal is to make borrowing more accessible and affordable, while also offering resources for financial education to help customers improve their credit and financial well-being.

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$2B

Headquarters

Chicago, Illinois

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital financial services expands Avant's customer base.
  • Open banking allows Avant to offer personalized and competitive financial products.
  • AI integration improves Avant's risk assessment and reduces default rates.

What critics are saying

  • Competition from AI-driven platforms threatens Avant's market share.
  • MLS Forward Credit Card may lead to regulatory scrutiny and compliance challenges.
  • Integration of ReadyForZero could disrupt Avant's service delivery.

What makes Avant unique

  • Avant offers a seamless online lending process with fast approval times.
  • The company provides financial education to help customers build credit and secure finances.
  • Avant's co-branded MLS Forward Credit Card enhances brand recognition and market reach.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Parental Leave

Adoption Assistance

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
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