Possible Finance is seeking an experienced accounting professional to support our growth. Possible Finance is a Series A stage consumer fintech startup based in Seattle with a mission of improving financial wellness for underserved Americans. Our initial product is a mobile app that provides small dollar installment loans using machine learning and bank transaction data for underwriting.
As the first accounting hire for the team, you will lay the groundwork for our internal accounting systems and allow our company to develop deeper insight into our lending activity and financial performance. Key responsibilities include day-to-day management of financial accounts, indirect tax support, and audit support. The accountant will prepare weekly/monthly/quarterly finance reporting as well as partner with other stakeholders (data science, product) in the company to build out a more robust and streamlined accounting process.This role requires a high level of analytical problem solving, project management, and collaboration as you work cross-functionally to drive decision making.
You’ll get to impact our business in its early days and set the direction that will allow us to grow rapidly into a household brand. This role reports directly to the COO.
Roles & Responsibilities: - Complete month-end close responsibilities including preparing journal entries, balance sheet reconciliations, and supporting schedules - Work with the data science and finance teams to develop a more granular accounting process to estimate loan loss reserves - Assist the Finance & Analytics Manager in creating an automated accounting process from scratch - Prepare financials/supporting documentation for a financial audit and serve as key point of contact for third party auditors - Own the accounts payable function and ensure all company bills are paid on time - Develop a streamlined employee expense/reimbursement program
Skills and Qualifications: - 4+ years of work experience at the big 4 or as an accountant/controller at a fast-growing company - CPA preferred - Previous accounting experience working with lending, insurance or financial institutions is preferred - Excel expert and willingness to learn SQL/Tableau/other data visualization tools - Self-starter with the ability to develop insightful quantitative analysis
Additional Salary Information: Equity Stock
Internal Number: 1003
About Possible Finance
Possible Finance is a technology company that empowers everyday Americans to achieve financial wellbeing. To start, the company offers affordable short-term credit to help customers avoid harmful bank overdraft fees and payday loans while also building credit history. Through the Possible Finance mobile app, users can receive funds instantly regardless of existing credit history.