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Senior Accountant, Banking
3 months ago
Who we are:
Shape a brighter financial future with us.
Together with our members, we're changing the way people think about and interact with personal finance.
We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
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
- 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
Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.