Full-Time
Director – Financial Reporting
Posted on 9/26/2024
Pagaya
501-1,000 employees
AI-driven asset management for institutions
Compensation Overview
$180k - $210kAnnually
Senior
New York, NY, USA
- Degree in Finance or Accounting: CPA and Big 4 experience preferred.
- 8+ years of accounting experience; public accounting experience preferred.
- SEC reporting and filing experience for 10-K’s, 10-Q’s and XBLR required.
- Working knowledge of Sarbanes-Oxley, GAAP and SEC Regulations.
- Strong communication and analytical skills.
- Prepare and coordinate the SEC filings; 10-K, 10-Q, 8-K, proxy statements, earnings releases, quarterly supplemental package, etc.
- Responsible for our stock-based compensation accounting, including valuations, expense recognition, and outstanding share counts.
- Manage recording and entering of all equity based activity.
- Responsible for calculating our monthly and quarterly EPS.
- Responsible for identifying and designing robust operational controls.
- Assist with the implementation of new or emerging accounting pronouncements (ASC 606, ASC 842, etc.) and prepare technical memos as needed.
- Prepare and manage the quarterly SEC reporting calendar, including coordination with external auditors, executives, finance, legal and investor relations departments.
- Review financial information included in the company’s external communications, such as those for investor/analyst conferences, earnings calls and releases.
- Prepare and/or assist with the quarterly and annual internal Board of Directors.
- Work with external and internal auditors on request for assistance.
- Prepare audit schedules and interface with external auditors as necessary.
- Work collaboratively within Finance, as well as partnering with the business.
- Assist with ad hoc projects and responsibilities as needed.
Pagaya specializes in managing institutional money through the use of artificial intelligence. The company focuses on the asset management market, particularly in creating asset-backed securities (ABS). Its products work by utilizing advanced machine learning and big data analytics to identify profitable opportunities in complex financial markets. By collaborating with tech-enabled firms, Pagaya enhances its understanding of consumer behavior, which is crucial for credit markets. Unlike its competitors, Pagaya actively manages ABS with AI, offering a distinct advantage to institutional investors. The company's goal is to issue and manage ABS effectively, as evidenced by its achievement of over $1 billion in ABS issuance within a year and a half, showcasing its growth and capability.
Company Stage
IPO
Total Funding
$480.7M
Headquarters
New York City, New York
Founded
2016
6 month growth
↓ -17%1 year growth
↓ -14%2 year growth
↓ -37%
Simplify's Take
What believers are saying
- Pagaya raised $1 billion in ABS deals, showing strong capital market demand.
- Acquisition of Theorem Technology will diversify funding and enhance capital efficiency.
- Strategic partnerships expand Pagaya's reach and product offerings in embedded finance.
What critics are saying
- Competition from Rocket Companies could challenge Pagaya's market position.
- Integration of Tally Technologies' IP may not yield expected synergies.
- Rapid expansion through acquisitions may strain resources and lead to inefficiencies.
What makes Pagaya unique
- Pagaya uses AI and big data to manage institutional money effectively.
- The Pagaya Pulse platform offers a scalable performance edge with advanced algorithms.
- Pagaya's focus on ABS provides unique value to institutional investors.
Help us improve and share your feedback! Did you find this helpful?