Full-Time

Accounting Associate

Confirmed live in the last 24 hours

Alloy

Alloy

201-500 employees

Identity verification and compliance solutions for fintech

Compensation Overview

$82k - $96k/yr

+ Equity Awards

Junior, Mid

New York, NY, USA

Employees are expected to work in the office on Tuesdays and Thursdays.

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
Financial analysis
Excel/Numbers/Sheets
Requirements
  • BA or BS degree in Finance or Accounting
  • 2-3 years of accounting experience, including experience in the software / technology industry (including 1-2 years of Accounts Payable experience)
  • Knowledge of US GAAP required
  • Proficient excel skills
  • Strong accountability and detail oriented
  • Ability to work independently and solve complex problems
  • Excellent communication skills; proven ability to communicate effectively with internal business partners at various levels
  • Hunger to learn and grow - new things aren't scary for you, they're exciting
Responsibilities
  • Oversee month-end close processes, including Accounts Payable and employee expenses, and liaise with internal business partners.
  • Perform monthly financial results analysis and report on variances against prior periods.
  • Post journal entries (e.g. month-end accruals), reconcile bank and balance sheet accounts, and manage the T&E system.
  • Maintain thorough documentation of internal controls and processes to meet external audit requirements.
  • Support the manager in implementing SOX Compliance and Risk Assessment controls for the team.
  • Enhance business processes by conducting analysis and researching industry best practices.
  • Assist with external audit requests and ad hoc projects.
Desired Qualifications
  • Experience with Netsuite preferred
  • Experience at a startup or high growth company a plus

Alloy offers identity verification and compliance solutions for financial institutions like banks and fintech companies. Their platform integrates with various data sources to verify identities, helping clients meet regulatory requirements such as KYC and AML while reducing fraud. Alloy stands out by using machine learning and artificial intelligence for efficient verification processes. The company operates on a subscription model, aiming to simplify compliance and enhance customer onboarding.

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$216.7M

Headquarters

New York City, New York

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for real-time fraud detection boosts Alloy's market potential.
  • Partnerships with digital banks enhance Alloy's reach and service offerings.
  • AI-powered analytics provide Alloy with proactive fraud threat intelligence.

What critics are saying

  • AI-driven impersonations and deep fakes threaten Alloy's identity verification processes.
  • Mandatory reimbursement for APP scams increases financial liability for Alloy's clients.
  • Sophisticated fraudsters using AI tools challenge Alloy's current fraud prevention capabilities.

What makes Alloy unique

  • Alloy offers a single API for managing AML, fraud, and KYC processes.
  • The platform integrates multiple data sources for comprehensive identity verification.
  • Alloy's machine learning capabilities enhance accuracy in fraud detection and prevention.

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Benefits

Unlimited PTO

16 weeks of parental leave

Premium medical, dental, vision, HSA, & FSA programs

401k with matching and immediate vesting & eligibility

Commuter, health & wellness benefits

$1,000 annual learning & development stipend

Memorable team events and retreats

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
FinTech Magazine
Jun 18th, 2025
IG Group partners with Alloy to balance regulatory compliance with ambitious growth goals

LONDON, June 18, 2025 /PRNewswire/ - IG Group ("IG"), the FTSE 250 online trading company, has partnered with Alloy, a leading identity and fraud prevention platform provider.

HousingWire
Apr 15th, 2025
Blend, Alloy expand fraud prevention partnership

Digital banking solutions company Blend Labs Inc. on Tuesday announced an expanded partnership with Alloy, an identity and fraud prevention platform provider.

PR Newswire
Mar 24th, 2025
Incrediblebank Partners With Alloy To Accelerate Growth In Account Opening

NEW YORK, March 24, 2025 /PRNewswire/ -- IncredibleBank, a digital-focused community bank headquartered in Wausau, WI, has partnered with Alloy, a leading identity and fraud prevention platform provider, to provide faster service to improve its account opening process, helping the bank to accelerate growth and reduce manual reviews."Before Alloy, our account opening platform leveraged a single data source and was completely manual," said Phil Suckow, VP of Innovation at IncredibleBank. "Our application volume varied month-to-month, from a few hundred to a few thousand applications, requiring significant back-end resources during spikes. Now, everything is instant."By leveraging Alloy, IncredibleBank significantly improved the bank's digital onboarding process and overall operational efficiency. Application review time was reduced by 88%, and manual reviews were reduced by 90%.IncredibleBank selected Alloy after evaluating several platforms, citing its robust automation capabilities, user-friendly interface, and proven success in mitigating fraud.Alloy's platform has enabled IncredibleBank to:Reduce new account approval times from 2-5 days to instant decisionsCreate holistic risk profiles for applicants by combining five different data sourcesReallocate a full-time employee from application reviews to sales-focused tasksIdentify and mitigate potentially fraudulent applications more effectively"The move to Alloy was strategic, improving our onboarding customer experience and driving business growth without added risk," Phil Suckow, VP of Innovation at IncredibleBank added. "We needed a platform to automate KYC, KYB, and fraud at originations at an enterprise level. Alloy met those requirements and allowed us to leverage its platform across various business units.""We are thrilled to partner with IncredibleBank to enhance their account opening process and drive their growth

FF News
Mar 24th, 2025
IncredibleBank Partners with Alloy to Accelerate Growth in Account Opening

IncredibleBank selected Alloy after evaluating several platforms, citing its robust automation capabilities, user-friendly interface, and proven success in mitigating fraud.

PYMNTS
Mar 19th, 2025
A Matter Of Trust: How Ai Is Reshaping Risk Assessment

Financial services institutions have long relied on machine learning for risk management, but the threat landscape has grown exponentially in the age of generative artificial intelligence (AI), according to executives from Capital One, Visa and Alloy. Fraudsters now have access to AI tools, including synthetic identity generation and real-time phishing attacks, they said. But AI is also arming companies to supercharge their defensive capabilities, since trust and security are the foundation of financial transactions. “Trust is the very foundation of commerce,” said Rajat Taneja, president of technology at Visa. “When two unknown parties are transacting, they have to trust that the transaction will occur correctly, the money will be transferred properly, any dispute will be managed, and there’s someone handling fraud and scams.”