Full-Time
Affirm
1,001-5,000 employees
Provides buy now, pay later financing solutions
Compensation Overview
$109k - $159k/yr
Senior, Expert
Company Historically Provides H1B Sponsorship
Remote in Canada
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- 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
- 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 offers 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 solutions into online and in-store shopping experiences, using user-friendly plugins and APIs. The company generates revenue from interest and fees on installment loans and from merchants who pay to offer Affirm's financing options. Additionally, Affirm provides a merchant dashboard for transaction processing and promotional tools to help businesses market these financing options effectively. The goal of Affirm is to empower consumers with flexible payment options while providing value to merchants.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2012
Simplify's Take
What believers are saying
- Partnership with J.P. Morgan expands Affirm's merchant network significantly.
- Affirm Card's Visa acceptance broadens consumer usage opportunities.
- Active consumers grew 23% YoY, indicating strong market demand.
What critics are saying
- Competition from Mastercard's BNPL integration could erode Affirm's market share.
- Reputational risks from BNPL backlash could affect Affirm's brand perception.
- Fintech sector volatility may impact Affirm's stock performance.
What makes Affirm unique
- Affirm offers transparent, predictable BNPL options unlike traditional credit cards.
- Affirm partners with over 2,000 merchants, enhancing consumer purchasing power.
- 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
6 month growth
↓ -2%1 year growth
↓ -2%2 year growth
↓ -3%Stride Bank will become a new card issuing partner for the Affirm Card, supporting the growing demand for this debit card that enables consumers to pay in full or convert eligible purchases into pay-over-time loans in the Affirm app. The collaboration enables Stride Bank to continue expanding its payments programs with FinTech companies and helps Affirm extend its reach to more consumers and merchants, the companies said in a Tuesday (April 1) press release. The Affirm Card had 1.7 million active cardholders as of Dec. 31, while Affirm’s network includes 21 million active consumers and 330,000 integrated merchants, according to the release. The card can be used in-store, online and anywhere Visa is accepted
Klarna is reportedly facing backlash ahead of its $15 billion initial public offering (IPO). As the Financial Times (FT) reported Tuesday (April 1), some of that negativity stems from the Swedish FinTech’s recent buy now, pay later (BNPL) deal with DoorDash. The partnership, the report said, led to a wave of social media jokes, with people comparing the idea of incurring debt to cover food deliveries to the subprime loans at the root of the 2008 financial crisis
The buy now, pay later pure plays like Klarna and Affirm might get a lot of attention these days. However, card networks have a piece of the BNPL pie as well. From apparel to electronics to medical bills, today’s shoppers increasingly expect a flexible payment solution at checkout, and for that, no company worth its salt can afford to miss out on the revenue and the customer experience. The trend certainly has attracted attention at Mastercard. As part of the “Pay Later Unpacked” virtual event at PYMNTS, Seema Chibber, executive vice president of Core Products for the Americas, shared insights into how Mastercard aims to integrate installment and BNPL features more deeply into its network infrastructure, the company’s partnership-driven approach, and the potential to expand BNPL into verticals beyond retail
FinTech IPO Index names were mostly in the red this past week, and the companies that did manage to post gains barely made it out of the low single-digit percentages. The majority of the headlines through the last several days were centered on partnerships tied to platforms, including buy now pay later, card issuing and banking initiatives. Insurance solutions firm Huize led the slide, down by nearly 16% through the past five sessions. Huize’s shares plummeted on the heels of its earnings report. The company’s investor materials revealed that gross written premiums facilitated across the company’s platform were the equivalent of $142.9 million in the fourth quarter of 2024, a decrease of 16.2% year over year. Renewal premiums accounted for 46.5% of total written premiums a decrease of 41.3% from the year ago period
The lure of paying over time lies with the predictability of the repayment. Consumers don’t think of pay later options as credit, at least not in the traditional sense. They see a finite timeline over weeks or months, and a point at which all has been paid off. As Affirm CEO Max Levchin told Karen Webster in a discussion featured during the Pay Later Unpacked event held by PYMNTS On Air, “the sense of clarity of when [payments] start and end is powerful… The appeal of pay later is not that it’s some cool way of borrowing money. It’s the sense of control around the schedule and the plan that you create.”