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Senior Accountant, Banking

1 month ago

Cottonwood Heights, United States Social Finance Ltd Full time

The role

SoFi is searching for a Senior Accountant with financial services experience to support SoFi Bank’s regulatory reporting functions. The right person will thrive with the eagerness to learn, using an innovative approach to solving problems, and willingness to contribute to improving our end-to-end accounting processes.

What you’ll do:

Assist with the preparation, review, and submission of regulatory filings for SoFi Bank and the bank holding company, including the Call Report, FRY-9C, FRY-11, FRY-9LP, and related documents

Participate in the research and documentation of new and revised regulatory reporting requirements

Prepare responses to inquiries from federal regulators

Responsible for maintenance of regulatory reports within Axiom ControllerView

Review detailed account reconciliations, journal entries and supporting documentation

Review intercompany transactions in accordance with GAAP and Regulation W

Identify areas of improvement within the department for efficiency or risk control enhancements

Support employees in the preparation of easy of complete and easy to follow workpapers explaining accounting topics, procedures, and conclusions

Assist with quarterly reviews, regulatory exams, and year-end annual audit

Provide level appropriate coaching to accounting staff and interns, as needed

Support any additional ad-hoc projects related to SoFi Bank

What you’ll need:

5+ years of relevant experience in a professional, fast-moving environment

A strong background in banking or financial services institutions

CPA designation preferred

Bachelor’s degree or equivalent experience in a related field

Strong verbal and written communication skills

Must demonstrate attention to detail, analytical abilities, and consistent follow-through, including project management skills with the ability to proactively resolve problems while consistently meeting deadlines

Experience working with financial and/or regulatory reporting preferred

Ability to collaborate with cross-functional teams, including product engineering, legal, enterprise risk management, compliance, treasury, and finance

Strong organizational and analytical skills

Background in accounting and the application of U.S. Generally Accepted Accounting Principles (“GAAP”) including education or work experience preferred

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