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Full-Time

Accounting Lead

Corporate GL

Confirmed live in the last 24 hours

Affirm

Affirm

1,001-5,000 employees

Provides buy now, pay later financing solutions

Fintech
Financial Services

Compensation Overview

$102k - $155kAnnually

+ Equity Rewards + Monthly Stipends

Senior

No H1B Sponsorship

Remote in USA

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
NetSuite
Financial analysis
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 5+ years of relevant professional experience is required (combination of private and public experience preferred) deep understanding of U.S. GAAP
  • Recent experience in general ledger accounting at the Sr. Accountant or Lead level, or can demonstrate equivalent operational accounting abilities
  • Ability to work under pressure and perform several tasks concurrently in a deadline driven environment
  • Strong sense of ownership and curiosity to learn new skills
  • Excellent analytical, creative problem solving, organizational and project management skills
  • Takes initiative to implement changes that will simplify and improve processes
  • Excellent interpersonal skills to optimally interact with the team, management, peers, cross-functional groups and business partners
  • Excellent time management and organizational skills with interest in prioritizing and multitasking
  • Advanced Microsoft Excel skills required (such as VLOOKUPS & conditional statements, pivot tables, data analysis, data visualization, what-if-analysis)
  • NetSuite experience is preferred
  • The desire to improve broken processes and make your own job easier over time
  • Passion for Affirm and a strong interest in technology
Responsibilities
  • Responsible for preparing and/or reviewing journal entries related to cash operations, investments and intercompany accounting, performing month-end closing processes and financial analysis, researching historical balances, and performing ad hoc reporting and analysis
  • Drive and lead processes related to the accounting period close for areas of functionality including but not limited to cash operations, investments and intercompany accounting, ensuring high quality work product and level of detail
  • Reconcile, analyze, and review cash operations, investments and intercompany accounting, in preparation for month-end close to ensure accuracy and validity of accounting transactions
  • Manage and oversee team members including coaching, mentoring, training, and workpaper review prepared by Sr. and Staff Accountants
  • Proactively review current procedures and seek ways to improve processes to ensure timely monthly close, accuracy of accounting entries, and operational efficiency
  • Assist in designing, implementing, maintaining and monitoring corporate accounting policies and procedures; and assist in internal control and process documentation
  • Support internal and external audit requirements related to specific assigned areas
  • Lead and support any other ad hoc analyses and projects as assigned

Affirm provides point-of-sale financing solutions as an alternative to traditional credit cards. Its main service is the "buy now, pay later" (BNPL) model, which allows consumers to make purchases and pay for them over time through installment plans, often without hidden fees. Affirm partners with merchants to integrate its payment solutions into both online and in-store shopping experiences, using user-friendly plugins and APIs. This integration requires minimal technical effort from merchants. Affirm generates revenue through interest and fees on the loans it offers to consumers, as well as fees from merchants who use its services. Additionally, it provides a merchant dashboard for transaction processing and marketing support, helping businesses increase conversion rates and enhance customer purchasing power. The goal of Affirm is to offer flexible payment options that benefit both consumers and merchants in the e-commerce and retail markets.

Company Stage

IPO

Total Funding

$2.9B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

2 year growth

-11%
Simplify Jobs

Simplify's Take

What believers are saying

  • Affirm's partnerships with major brands and events, like the Austin Marathon, enhance its visibility and consumer trust.
  • The company's IPO and subsequent market performance indicate strong investor confidence and growth potential.
  • Affirm's integration with Apple's new installment loan offerings could significantly expand its user base and market reach.

What critics are saying

  • New CFPB regulations could impose additional compliance costs and operational burdens on Affirm, affecting profitability.
  • Data breaches, such as the recent Evolve Bank incident, pose significant risks to consumer trust and data security.

What makes Affirm unique

  • Affirm's seamless integration with both online and in-store shopping experiences sets it apart from other BNPL providers who may focus solely on e-commerce.
  • The dual revenue stream from both consumer interest/fees and merchant fees provides a robust financial model, unlike competitors who may rely on a single revenue source.
  • Affirm's user-friendly plugins and APIs make it easier for merchants to adopt their payment solutions, reducing technical barriers to entry.

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Benefits

Spending wallets: Access tech, food, lifestyle, and family planning wallets for your expenses

Supportive communities: Get involved with our employee resource groups and community groups

Remote-first workforce: If your role is remote, you can set up shop anywhere in your home country

Generous time off: Take the time you need when life happens

Health benefits: Get a plan that fits your needs

Mental healthcare: Take care of your mind with great mental health programs

Parental leave: Birth and non-birth parents get 18 weeks paid leave. Plus, a 4-week return-to-work transition program, at full base pay.

Compensation: We have a simple, flexible, and transparent remote-first compensation structure so you can make the best decisions for yourself and your family.

Away days: We offer 24 company-wide paid days off—which help our teams collectively pause to recharge.

Learning & development: Engage in exciting learning programs to level up your growth.