Accounting Policy Manager

$96,000 - $180,000/Yr

Social Finance - Frisco, UT

Full-time

Remote - Frisco, UT

Religious, Grantmaking, Civic, Professional, and Similar Organizations

About the position

SoFi is searching for an Accounting Policy Manager with strong technical accounting experience to support the Company's accounting policy function. The Accounting Policy Manager will be responsible for supporting the documentation of technical accounting conclusions as well as the development and maintenance of the company's accounting policies. This individual will work closely with the finance and legal teams as well as with other teams within the controllership organization to ensure compliance with applicable technical accounting and regulatory standards. Your deep understanding of accounting principles, regulatory requirements, and industry practices will be instrumental in providing timely guidance to the business in planning transactions, programs, and products. You will also collaborate within the controllership organization to ensure accurate implementation and documentation of technical accounting decisions. This position will report to the Accounting Director, Policy and M&A, and will be part of the SEC Reporting & Policy Controllership team. The right candidate will have technical accounting experience across a range of topics, including loan sales, securitizations, consolidation, and revenue recognition, paired with a background in financial services and/or software & technology. The Accounting Policy Manager will also have strong communications skills, including drafting technical memos and presenting relevant accounting considerations to cross-functional audiences.

Responsibilities

• Research complex accounting issues at deal speed to support the Company's development of new programs, including providing insight into accounting principles and conducting industry benchmarking.
• Document technical accounting conclusions for significant accounting matters as they arise, including large transactions and new/amended products or programs.
• Support the preparation and review of financial statements and disclosures, particularly with respect to significant accounting matters and changes in accounting standards.
• Develop, maintain, and update accounting policies.
• Monitor standard-setting and rule-making activities by the FASB, SEC, and other regulators. Support impact assessments and implementation of changes.
• Collaborate with internal and external auditors to facilitate smooth audits and procedures.
• Support special projects as needed, including mergers and acquisitions, process improvement and development, and systems implementations.

Requirements

• 6+ years of relevant experience in public accounting or a combination of public and industry. Financial services and/or software & technology industry experience preferred.
• Bachelor's degree in Accounting, Finance, or related field.
• CPA certification.
• Strong knowledge of US GAAP and SEC regulations and research proficiency in the applicable literature required. IFRS and bank regulatory experience preferred.
• Excellent problem-solving skills and the ability to digest complex information quickly.
• Experience reading and analyzing legal agreements, such as sale agreements, revenue contracts, and financial instruments.
• Keen attention to detail and strong analytical skills.
• Exceptional written and verbal communication skills, including the ability to present accounting concepts and principles to non-accountants.
• Ability to manage multiple projects in a fast-moving environment.
• Experience with accounting and project management applications preferred (e.g., Microsoft Excel, Jira, Workday, Workiva)

Benefits

• Base pay range: $96,000.00 - $180,000.00
• Eligible for a bonus
• Long term incentives
• Comprehensive and competitive benefits