Full-Time

Technical Accounting Manager

Posted on 10/25/2024

Affirm

Affirm

1,001-5,000 employees

Offers buy now, pay later financing solutions

Compensation Overview

$109k - $159k/yr

+ Equity Rewards

Senior, Expert

Company Historically Provides H1B Sponsorship

Remote in Canada

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
Word/Pages/Docs
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. It allows consumers to make purchases and pay over time through installment plans, often without hidden fees or deferred interest. Affirm partners with merchants to integrate its payment options into online and in-store shopping experiences, using user-friendly plugins and APIs. The company earns revenue from interest and fees on loans to consumers, as well as from merchants who pay to offer Affirm's financing. Additionally, Affirm offers a merchant dashboard for transaction processing and promotional tools to help businesses market these financing options. The goal of Affirm is to empower consumers with flexible payment solutions while providing value to merchants.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Affirm's $500M Series G funding supports expansion and innovation in payment solutions.
  • Partnership with Shopify expands Affirm's reach into the Canadian BNPL market.
  • Affirm's biweekly interest-free option attracts consumers wary of credit card interest.

What critics are saying

  • Increased competition from BNPL providers like Klarna could impact Affirm's market share.
  • Potential regulatory scrutiny may arise as BNPL services become more mainstream.
  • Market volatility and tariffs could affect Affirm's stock performance and investor confidence.

What makes Affirm unique

  • Affirm offers transparent, no-hidden-fee installment loans at the point of sale.
  • Affirm partners with over 6,000 merchants, enhancing its market reach and consumer options.
  • Affirm's seamless API integration simplifies merchant adoption of its payment solutions.

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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.

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-3%
PYMNTS
Apr 11th, 2025
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The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a company whose shares spike more than 820%, that’s enough to move the whole group upward. That was the case this last week, as the overall Index surged 13.8%. Janover was the standout here, leaping a staggering 827%

Built In San Francisco
Apr 10th, 2025
Affirm Raises $500M in Series G

Affirm, a fintech startup based in San Francisco, raised $500 million in a Series G funding round led by GIC, bringing its total funding to $1.3 billion. The company, known for its installment payment options, is introducing a biweekly interest-free payment option. Affirm partners with over 6,000 merchants and serves 5.6 million shoppers in the US and Canada. The company is currently hiring for various roles.

PYMNTS
Apr 9th, 2025
Affirm And Shopify Expand Pay-Later Pact To Canada

Affirm and Shopify have expanded their pay-later offering beyond U.S. borders.The companies announced Wednesday (April 9) that Shopify merchants in Canada who have signed up for early access can begin offering the Affirm-powered Shop Pay Installments program, marking its first availability outside the U.S.“We’re thrilled to launch Shop Pay Installments in early access to Canada as our first step beyond the U.S.,” Kaz Nejatian, Shopify’s chief operating officer, said in a news release.“Our partnership with Affirm expands our global reach, giving shoppers the flexibility to pay over time, and drives higher conversion rates for merchants worldwide.”According to the release, Shop Pay Installments will be made available in general access to Shopify merchants in Canada and the U.K. this summer, with cross-border commerce capabilities between the U.S., Canada, and U.K. expected to follow.The companies first announced plans to expand Shop Pay Installments — which lets customers make payments in customized biweekly or monthly intervals — in February.After launching in the U.K. and Canada, the companies plan to expand their partnership to Australia and Western Europe, beginning with France, Germany and the Netherlands.“As Shop Pay Installments launches in each new market, local merchants will be able to seamlessly activate the product directly from their Shopify admin dashboard — no additional development or technical integration required,” the release added.The expanded partnership comes at a moment when — as PYMNTS wrote earlier this week — buy now, pay later (BNPL) options are “rapidly becoming a permanent fixture in how consumers budget, shop and pay.”To get a more expansive view of the pay-later industry, PYMNTS spoke with five industry leaders for the new eBook, “Reimagining Consumer Finance: The Strategic Rise of Buy Now, Pay Later.”Among those experts is Affirm founder/CEO Max Levchin, who sees the sector transforming into a trusted, ubiquitous service, much like American Express became a household name in credit.In his opinion, consumers enjoy BNPL’s predictability and sense of control over repayment more than the ability to borrow.“Our appeal is not that it’s some cool way of borrowing money,” he said of his company.Rather, the appeal lies in the ability to eliminate late fees and hidden costs while improving merchants’ conversion rates and average transaction values.Meanwhile, recent PYMNTS Intelligence research looks at the popularity of BNPL among more affluent consumers for both luxury purchases and essentials.“Maybe they have maxed out their credit cards and have an expensive auto repair. Maybe the card they want to use comes with perks and rewards that they want to tap into for another purchase,” PYMNTS wrote Wednesday.“What’s clear is that the alternative credit option has become mainstream for the majority of higher earners.”

PYMNTS
Apr 8th, 2025
Beyond Credit Cards: How ‘Pay Later’ Momentum Is Reshaping The Payments Ecosystem

Buy now, pay later (BNPL) isn’t just a niche payment option anymore — it’s rapidly becoming a permanent fixture in how consumers budget, shop and pay, according to five industry leaders whose insights preview the new eBook, “Reimagining Consumer Finance: The Strategic Rise of Buy Now, Pay Later.”. Max Levchin, founder and CEO of Affirm, sees the sector evolving into a trusted, ubiquitous service — similar to how American Express became a household name in credit. In his view, consumers value BNPL’s predictability and sense of control over repayment more than the ability to borrow. Affirm’s model, Levchin says, focuses on clarity: “Our appeal is not that it’s some cool way of borrowing money,” but that it eliminates late fees and hidden costs while boosting merchants’ conversion rates and average transaction values. Ed O’Donnell, CEO of Versatile Credit, highlights how economic headwinds have increased demand for pay-later financing

PYMNTS
Apr 7th, 2025
Ce 100 Index Sinks 9.9% On Tariff Worries And Payment Names Plunge

In a week of historic stock trading, where we haven’t seen plunges of this magnitude in five years, it’s easy to count the number of CE 100 Index names that finished in the green. Because they could be counted on one hand. Healthcare stocks like McKesson and United Healthcare were up 2.3% and 1.8% respectively. Ahold [] The post CE 100 Index Sinks 9.9% on Tariff Worries and Payment Names Plunge appeared first on PYMNTS.com.

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