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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 seeking an Accounting Manager with strong technical accounting experience, along with valuation experience, to join SoFi’s controllership organization. In this role, you will support our growing business and be a key leader primarily by providing technical accounting and valuation-related support for certain Lending activities (e.g., loans, servicing rights, retained interest) and Corporate activities (e.g., equity-related matters and goodwill), as well as broadly support the Company’s accounting policy function.
This position will report to the Director of Financial Reporting & Policy - and will be part of the SEC Reporting & Policy Controllership team.
Your deep understanding of accounting and valuation principles, regulatory requirements, and industry practices will be instrumental in providing timely guidance and documentation in supporting our business partners in transactions, programs, and products.
The right candidate will have technical accounting experience, including underlying valuation principles, across a range of topics, such as lending products/activities, equity and goodwill paired with a background in financial services and/or software and technology. The candidate will also have strong communication skills, including drafting technical accounting/valuation memos and an ability to present relevant considerations to cross-functional audiences.
SoFi’s fast pace of growth provides career development (e.g., work directly with senior and executive management) and learning opportunities (e.g., automation, process improvements, and breadth of products/transactions) considering the role's enterprise-wide exposure.
What you’ll do:
- Provide technical accounting, valuation and procedural support related to our lending related activities (ASC 310, 860, 810, 820 and 825). Support underlying valuation by assessing models utilized and owning related model governance documentation with respect to policies, procedures and standards. Partner with our Lending Accounting team, Capital Markets, Risk teams and other relevant business partners.
- Research complex accounting issues and document technical conclusions, particularly related to equity (ASC 718, 505 and 260), as well as goodwill (ASC 350-20) partnering with our Corporate Accounting team. Additionally lead our goodwill assessments, including supporting the underlying valuation and its related processes - and ensuring effective governance.
- Monitor standard-setting and rule-making activities by the FASB, SEC and other regulators. Support impact assessments and implementation of changes.
- Support the preparation and review of financial statements and disclosures, particularly with respect to the topics noted.
- Support policy function broadly as needed, including new transactions/products and special projects.
- Develop, maintain and update accounting policies.
- Serve as external audit liaison and contact for the year-end annual audit, as well as for internal audit and SOX compliance requests, facilitating effective. communication and collaboration
- Collaborate cross-functionally to support business decision-making through insightful analysis, fostering a culture of teamwork and transparency.
What you’ll need:
- 5+ years of relevant experience in public accounting or a combination of public and industry. Financial services and/or software & technology experience preferred.
- Bachelor’s degree in Accounting, Finance, or related field.
- Certified Public Accountant (CPA) or equivalent; or Chartered Financial Analyst (CFA)
- Big 4 accounting or large regional firm experience, experience in a public company environment preferred, and/or, deal advisory/consulting experience
- Strong knowledge of US GAAP and SEC regulations and research proficiency in applicable literature
- Experience/familiarity with valuation of financial instruments
- Excellent problem-solving skills and the ability to digest complex information efficiently
- Exceptional written and verbal communication skills, including the ability to present accounting and valuation concepts and principles to non-practitioners
- Proficiency in MS Excel and excellent writing skills
- Must demonstrate attention to detail, analytical abilities, and consistent follow-through, including project management skills
- Strong collaboration skills with experience working cross-functionally with teams in finance, risk, capital markets, operations, legal, and HR
- Ability to influence stakeholders through subject matter expertise and facilitate dialogue that aligns with strategic priorities
Nice to have:
- Deal/advisory experience
- Experience with accounting and project management applications (Workiva, JIRA, Workday)
- Experience with ETL tools and other data transformation tools (Alteryx, Tableau, Snowflake, etc.)
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What the Team is Saying
What We Do
SoFi wasn’t built to be a bank. Or a technology company. We were built for one mission: help people achieve financial independence so they can realize their ambitions. Redefining an entire industry isn’t easy work—and it’s not for the faint of heart. It takes a certain kind of team. People with diverse perspectives and expertise, united by a common sense of purpose. People willing to challenge assumptions but always do the right thing. People proving that innovation and responsibility don’t have to compete, but can come together to create something truly unconventional in the world. For the last eight years, we’ve been charting this new path forward. We call it The SoFi Way. At SoFi, we don’t just talk about culture: we live it. The SoFi Way is how we show up every day, how we make decisions, and how we build for our members, clients, and each other.
Why Work With Us
Together with our members, we’re changing the way people think about and interact with personal finance. We’re a next-generation Fintech company using innovative, mobile-first technology to help our members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront.
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Employees engage in a combination of remote and on-site work.
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