SoLo Funds Logo SoLo Funds
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Staff Software Engineer

📅 06/10/2023

Accounting Manager

💰 $110,000 - $135,000 📅 11/24/2023

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Job Description

SoLo Funds is on a mission to help the millions of Americans that live
paycheck to paycheck and can’t survive a money crunch. Launched in 2018 as a
unique and proprietary lending marketplace, today SoLo is the leading
alternative financial solution providing the fastest loans available for
borrowers and the opportunity for lenders to earn significant returns. We are
a VC funded (Series B) Fintech company backed by Techstars, and Acme Capital
alongside partnerships with Visa and Kiva.

We are seeking an experienced Manager of Accounting to join our growing
**fully remote** finance team, preferably with experience in a mid-stage
FinTech company, payments, and/or a financial services company. You will
report to the CFO and run the daily accounting operations at SoLo Funds. As
Manager of Accounting, you will lead the processing of daily transactions,
ensuring a high level of accuracy and accountability to facilitate a quick
month-end close. As part of the close, you’ll also maintain accounting
schedules, prepare journal entries, and perform reconciliations to ensure
clean and accurate financials (P&L, balance sheet and cash flow statements)
that position SoLo Funds most accurately and efficiently for internal and
external stakeholders. You’ll work closely with the CFO to polish and scale
our back office including exposure to FP&A work, when time allows. Specific
areas this role will have direct exposure to include revenue recognition and
management, cost of sales, accounts payable, cash management, along with debt
& equity accounts. There is also potential to hire and grow your own team
within the next 12-24 months, as the business continues to aggressively
expand.

**Please note: we are not partnering with recruiting agencies/firms at this
time. We are headquartered in Los Angeles but will accept candidates from the
major cities on both coasts.**

**What You 'll Do**

* Roll your sleeves up and get into the details initially, while displaying the ability to lead as the team grows in line with business expansion
* Evaluate, develop, and improve department controls, systems, and procedures that increase accuracy and efficiency, while maintaining accuracy
* Take responsibility for accounts payable, revenue, cash reconciliations, general ledger, payroll, and prepaid expenses
* Manage the preparation of monthly financial reporting for management including tie-outs to underlying detail, supporting schedules and analytics
* Perform and validate technical research on accounting issues
* Interact with other departments to assist with performance improvement, develop action plans and meet established timelines while understanding deliverables & dependencies
* Coordinate audits and fulfill external stakeholder reporting requirements
* Co-lead annual income tax filing process
* Prepare ad-hoc financial analyses core to SoLo’s financial statements and/or business

**You’re a Great Fit if You Have:**

* Bachelor’s degree in accounting; MBA a plus
* 5+ years of audit/public accounting experience with desire for a Controller career path
* CPA designation or displayed involvement in process of earning a CPA
* QuickBooks experience a must
* East coast preferred (Philadelphia a plus) but open to all in this remote role
* A strong technical background and understanding of GAAP
* Exceptional oral and written communication skills, attention to detail, accuracy, thoroughness, high sense of urgency, integrity, and dependability
* Experience with transactional/usage based business over SaaS
* Experience in Fintech accounting, lending/payments reconciliation, financial reporting, and performance measurement
* Leadership experience overseeing accounting teams and third-party service providers

**You’re an All Star Fit if You Have:**

* Documented process improvement experience
* Experience setting new policies, procedures, and repeatable processes that abide by generally accepted accounting principles
* Big data experience
* FP&A Experience
* Tax experience

* * *

**About SoLo Funds**

SoLo is the leading alternative financial solution providing the fastest loan
option to borrowers and option for lenders to obtain significant value. We're
on a mission to provide the most intelligent (affordable + financially
empowering) option for funds and banking services by leveraging the best
technologies in the world.

**Our Benefits**

* Remote Workplace
* Unlimited Vacation Time
* Full Healthcare Benefits
* 401K Offered

SoLo Funds focuses on Financial Services, Peer-to-Peer, and Consumer Lending.
Their company has offices in Los Angeles. They have a mid-size team that's
between 51-200 employees. To date, SoLo Funds has raised $4.8M of funding;
their latest round was closed on October 2019.

You can view their website at <http://www.solofunds.com> or find them on
[Twitter](https://twitter.com/solofunds),
[Facebook](https://www.facebook.com/solofundsinc/), and
[LinkedIn](https://www.linkedin.com/company/9424483/).