Job description

Possible Finance is a mission-driven fintech that offers financial services to millions of consumers in the US who are underserved by the mainstream financial system. Through Possible Loan, the only small dollar loan in the market that helps build credit history, we’ve put over $500M into the hands of more than 600K customers using our machine learning-based credit decisioning engine that doesn’t rely on credit score. Using this same proprietary credit risk technology, we’re also launching the Possible Card, the only unsecured credit card with zero interest or late fees—ever—as the next chapter in our journey to provide affordable access to capital to underserved consumers.

This role is a fantastic opportunity to join a rapidly growing company and glean invaluable accounting experience as the function evolves. As the Senior Accountant, you will serve an important role in a developing department and company. This Senior would join an existing small team comprised of an AP Accountant, an Accounting Manager, and a Senior Accounting Manager.

You will have the opportunity to collaborate and learn work streams related to all financial statement line items and work to improve processes to help Possible succeed. You will get to work autonomously to address complex projects. This role will partner cross-functionally with other key stakeholders on the product, engineering, data science, operations, and HR teams to build out more precise accounting procedures and automated reporting functionality.

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Expected work includes but is not limited to: *

~ Own and iterate upon existing technical accounting sections. Utilize familiarity with GAAP and a working ability to conduct research and implement processes for new revenue streams, new accounting guidance, and unique transactions. Draft technical accounting memos and process documents for both new and existing sections.

~ Prepare for the annual financial statement audit by way of creating or rolling-forward schedules, sub-ledgers, reconciliations, and reviewing GL line items. Serve as a key point of contact during the audit and demonstrate resourcefulness in response to their inquiries.

~ As it applies to monthly close; book and review closing entries, own pre-existing close sections, develop new processes to make monthly close more accurate, perform monthly variance analysis, and create an improved monthly financial package for stakeholders.

~ Assist in the processing and continuous improvement of both operational and financial accounting. Learn and act as a backup for weekly AP processing, credit card spend review, and GL categorization. Become an expert on key vendor relationships and their interaction with Possible.
Qualifications & Skills

• Bachelor’s or Master’s degree in Accounting or a related field and three or more two of experience working in public accounting. Additional in-house accounting experience is preferred.
• CPA required.
• Deep understanding of GAAP and internal controls.
• Comfortable with technical accounting research and application with a proven track record to take a problem and apply the appropriate accounting methodologies.
• Ability to build a dynamic workbook in Excel (If statements, index matches, V-Look ups, pivot tables)
• Familiarity with Quickbooks, Tableau, and Alteryx preferred.
• Strong written and oral communication skills to facilitate working in a fully remote environment.
• Exposure to lending and Fintech preferred.

This is an opportunity 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 Senior Accounting Manager.

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What we offer*
Possible Finance is on a mission to help communities break the debt cycle and unlock economic mobility for generations to come. With the backing of our venture investors (Union Square Ventures, Canvas Ventures, Euclidean Capital, Unlock Venture Partners), a loyal following of hundreds of thousands of customers, and a fantastic team, we’re unwavering in our fight for financial fairness. As one of only a few fintech Public Benefit Corporations, we’ve baked our dual commitment to building a profitable and socially impactful company right into our charter; we only succeed when our customers do too. If you’d like to help us ship financial products that protect consumers from predatory lending practices and promote financial health, give us a shout.

Our fully distributed, multi-cultural team is located across the US, Asia, Latin America, and Africa with core work hours between 9 a.m. and 3 p.m. Pacific Time.

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Benefits for our US team*
We offer excellent medical/dental/vision coverage with 85% employer-paid premiums for employees and 50% for covered dependents, and our plans include HSAs with an employer contribution. Possible also provides medical and childcare FSAs, paid parental leave, participation in our company 401(k) plan, life insurance, discretionary Personal Time Off, generous company holiday time off (including the last week of the year), and an annual allowance to improve your workspace. All team members also receive an equity grant upon hire with multiple opportunities to acquire additional equity.

Possible Finance is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Job Type: Full-time

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