Full-Time

Senior Accountant

Financial Reporting

Posted on 8/7/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$73k - $110kAnnually

+ Bonus + Equity Plan

Mid

Westlake, TX, USA + 4 more

More locations: Remote in USA | Chicago, IL, USA | Lake Mary, FL, USA | Denver, CO, USA

Preferred locations are Chicago, Denver, Lake Mary, and Westlake; remote work is limited to areas without physical offices.

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Accounting or Finance
  • 2 - 4 years of relevant work experience including minimum of 2 years of public accounting experience or financial reporting with a publicly traded company
  • Excellent knowledge of U.S. GAAP, including ability to research accounting literature, establish a position and develop procedures for implementation
  • Highly motivated and proactive with strong project management, organizational, oral and written communication skills
  • Ability to prioritize competing workstreams and work independently with minimum supervision
  • Ability to work cross-functionally and with all levels of the organization
  • Proven track record of meeting deadlines and ownership of complex areas
  • Ability to learn quickly in a fast-paced and changing financial environment
  • Willingness and commitment to learn and go deep
  • Advanced Microsoft Excel skills
  • Active CPA license or actively working towards obtaining license
Responsibilities
  • Assist in the preparation of regulatory filings (including Parent company and subsidiaries) and investor communications, including SEC filings such as 8-Ks, 10-Qs and 10-Ks (and associated XBRL requirements), proxy statements, statutory financial statements, earnings releases, earnings presentations, earnings call scripts, and investor conference materials.
  • Prepare the financial statements, footnote disclosures, and management discussion and analyses while maintaining complete tie-out documentation under the Company’s SOX controls
  • Prepare share-based compensation entries and reconciliation for month-end close and provide equity-related analysis
  • Prepare monthly litigation accrual journal entries and associated rollforwards
  • Assist in gathering quarterly related party questionnaires
  • Assist in the preparation of portions of the GAAP and SEC disclosure checklists
  • Perform ad hoc disclosure benchmarking research of peer group companies
  • Assist in the planning, coordination and execution of the annual and quarterly SEC reporting processes
  • Recommend and assist in the implementation of process improvements to streamline processes
  • Establish active and effective communication with cross functional partners
  • Perform and monitor Sarbanes-Oxley controls over financial reporting to ensure compliance
  • Multi-task and complete assigned tasks and projects in accordance with set timelines

Robinhood offers a platform for trading stocks, options, ETFs, and cryptocurrencies, aiming to make investing accessible and affordable for everyone. Users can trade without paying traditional brokerage fees and can invest in fractional shares, allowing them to buy portions of expensive stocks. Unlike its competitors, Robinhood provides unique features like IPO access and a premium subscription service called Robinhood Gold for advanced trading. The company's goal is to democratize finance and empower individuals to take control of their investments.

Company Stage

IPO

Total Funding

$5.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Robinhood's UK platform launch in 2024 marks a significant step towards global expansion.
  • The introduction of Tax Lots aids users in managing tax liabilities, enhancing user satisfaction.
  • Robinhood's IRA offering with a match could attract long-term investors and increase subscriptions.

What critics are saying

  • Increased competition in commission-free trading could erode Robinhood's market share.
  • Regulatory scrutiny over payment for order flow may impact Robinhood's profitability.
  • Volatility in cryptocurrency markets poses a risk to Robinhood's crypto trading revenue.

What makes Robinhood unique

  • Robinhood offers commission-free trading, making investing accessible to a broader audience.
  • The platform provides fractional shares, allowing investments in expensive stocks with minimal capital.
  • Robinhood's IPO access feature democratizes early investment opportunities traditionally reserved for institutions.

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Benefits

Well-being - Premium medical, dental, and vision insurance

Family & home life - Parental leave, personal prosperity benefits

Comfort & care - Flexible work from home / office balance, health & wellness stipend

Office life - Catered meals and fully stocked kitchen, commuter benefits

Growth - Education and training, community events, career mentorships

INACTIVE