Full-Time

Technical Accounting Manager

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

$109k - $159kAnnually

Senior

Remote in Canada

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Word/Pages/Docs
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting
  • CPA required
  • 7+ years’ work experience in accounting, including Big 4 accounting firm experience
  • Subject matter expertise in US GAAP, IFRS and SEC rules and regulations
  • A proven process for performing complex technical research and analysis from the problem definition to implementation stage
  • Strong written and verbal communication skills
  • A proven ability to manage deliverables and communicate timelines both upwards and cross-functionally, as well as educate key internal partners on what is needed and why
  • Detail orientation, with a focus on process development
  • Strong analytical and quantitative skills
  • The desire to improve processes and make your own job easier over time, taking ownership of all aspects of your functional area
  • Passion for Affirm and a strong interest in technology, money movement, BNPL, and consumer lending
  • Proficient knowledge of MS Excel, Word and GSuite
Responsibilities
  • Responsible for maintaining comprehensive accounting policies and performing ad hoc technical accounting analysis to identify accounting impacts, processes and procedures as we continue to grow and scale our business
  • Stay up to date on relevant FASB, IASB, and SEC developments
  • Research and evaluate new accounting standards and evaluate impact on accounting policies
  • Work closely with Financial Reporting, General Ledger, and Internal Controls teams to support monthly and quarterly close processes, SOX controls, and financial reporting timelines
  • Strategically partner with Credit, Quantitative Markets, Capital Markets, Legal, Treasury, and Strategic Finance teams by performing a real time review of new transactions or initiatives to identify accounting and financial impacts and help operationalize any associated processes
  • Work with the Technical Accounting Senior Manager and Senior Director to establish timelines and prioritize monthly and quarterly deliverables, while proactively raising dependencies and issues to Accounting and other cross-functional partners
  • Support SEC filings (10-K, 10-Q, 8-K and others) by drafting financial statement schedules (loan, debt, securitizations and variable interest entities, and fair value among others) and completing GAAP disclosure checklists
  • Review corporate contracts for key accounting implications
  • Function as a liaison for Controllership and act as a strategic partner to Credit, Product, and Finance teams by assisting in real time review and accounting impact assessment for changes in existing loan systems, models or processes and for initiatives related to new loan products and/or territories
  • Actively promote learning culture through ongoing self initiated learning and knowledge sharing

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

3%

1 year growth

5%

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.