Company Description
Candidly was founded in 2016 to flip the script on what it means to plan, borrow, repay, and save for college. Today, we’re the category leader with the market’s most comprehensive AI-driven student debt and savings optimization platform. We partner with hundreds of top employers, financial institutions, and retirement record keepers, positioning Candidly to serve more than 35 million Americans.
We’re already achieving incredible results — to date, we’ve helped our users get on track to eliminate more than $1.8B in student debt and pay off their loans 175,000 years quicker — and we’re seeking movers, shakers, innovators, and problem solvers to help take our mission even further.
Candidly is a high-growth, Series B startup, funded by leading investors including Altos Ventures, Aflac, Salesforce Ventures, UBS, Equal Opportunity Ventures, Impact Engine, Rethink Impact, Unum, and Cercano Management. Our fully remote, international team of 70 (and counting) includes alumni from Google, UBS, Twitter, Plaid, Prudential, LendingTree, Morgan Stanley, Deutsche Bank, and more.
Job Summary:
As a Senior Accountant, you will be an anchor in the accounting department, offering financial leadership through meticulous research, analysis of accounts, and preparation of journal entries and balance sheet reconciliations. This is an internal and external facing, collaborative role requiring top-notch communication skills, both written and verbal. You will handle full-cycle accounting services and will have a diversified role that changes daily—from preparing transactions such as payroll and processing accounts payable to creating financial reports. Your responsibilities will span across managing equity, payroll, and commission accounting functions, ensuring accurate and compliant reporting in these key areas. You'll work closely with operational business partners, HR, and legal departments to validate financial assumptions, maintain accurate employee and commission-related records, and meet all regulatory requirements. Success in this role will be gauged by key performance indicators and your contributions to improving our accounting systems. The ideal candidate should be open to continuously learning and exploring Software as a Service (SaaS) tools to automate accounting processes, thereby enhancing operational efficiency.
Key Responsibilities:
Accounting Operations
- Independently perform month-end closing procedures including the preparation of complex journal entries and balance sheet account reconciliations in accordance with Generally Accepted Accounting Principles (GAAP)
- Manage the capitalized software process end to end while working cross functionally with our Engineering, Product, Payroll and Accounts Payable teams
- Perform monthly bank reconciliations, managing credit card/ACH payments & deposits, as well as sweep transactions
- Review and approve accounts payable and receivable transactions, ensuring timeliness and accuracy
- Proactively review general ledger transaction details throughout the month to streamline month-end close timelines and ensure the accuracy and completeness of information recorded
- Research and resolve reconciliation differences between the general ledger and source systems
- Able to clearly articulate results, variances and demonstrate an understanding of root cause to management
- Ability to interact and work with our business units to determine proper accounting treatment for various transactions
- Support audit and compliance efforts, including the preparation of audit schedules, responding to auditor inquiries, and ensuring adherence to regulatory requirements and internal controls
- Assist in the preparation of annual budgets, forecasts, and financial models to guide business planning
- Develop, implement, and maintain financial controls, procedures, and systems to safeguard company assets
- Develop deep understanding of departments and related expense accounts for GL coding proficiency
- Perform financial analysis and provide insights to identify cost-saving opportunities and revenue growth strategies
- Stay current with industry trends and regulations to make recommendations for improving financial processes
- Participate in ad-hoc financial projects and initiatives as required
Commissions
- Maintain comprehensive records related to commission accounting, including aspects such as Contract Assets and Commission Accruals accounts
- Ensure the proper and timely computation and disbursement of commission earnings and associated expenses
- Confirm that all commission calculations are performed correctly and align with the specified plans and guidelines
- Work collaboratively with the Revenue Operations and management teams to resolve any questions or challenges related to commissions
- Examine commission figures to identify any unusual patterns or trends that warrant further investigation
- Take charge of managing all records associated with equity accounting to ensure accuracy and compliance
Skills and Qualifications:
- Bachelor’s degree in Finance/Accounting with minimum of 5 years experience preferred; CPA/Master’s Degree highly desirable
- SaaS experience a plus
- Big 4 firm or Internal Audit experience preferred
- CPA license or similar professional certification a plus
- Strong working knowledge of accounting principles, financial reporting, and GAAP
- Knowledge of fintech industry regulations and compliance standards is a plus
- Prior experience working with Quickbooks and/or other ERP systems
- Demonstrate initiative, sound judgment, and professional aptitude to work in a dynamic, multi-business unit environment across all levels of management and functions
- Detail-oriented with strong organizational and time management abilities
- Excellent analytical and organizational skills, time prioritization and risk assessment
- Ability to rapidly and accurately analyze complex information and communicate the information concisely
Background and EEOC
Candidly offers for employment are conditioned upon satisfactory completion of our employment screening process (including, but not limited to, a review of past employment and education records, background investigation, and/or credit check & fingerprints).
Candidly strives to foster an environment where every employee can succeed. As an Equal Opportunity Employer we do not discriminate on the basis of race, religion, color, sex, sexual orientation, gender identity, gender expression, national origin, age, non-disqualifying physical or mental disability, veteran status, or any other basis covered by applicable law. All employment is decided on the basis of qualifications, merit, and business need.
What We Do
Candidly is an AI-driven student debt and savings optimization platform that addresses the full lifecycle of education expenses and empowers people to make simultaneous progress on paying down student debt and building wealth. Candidly partners with leading employers, financial services companies serving the workplace like 401(k) and 403(b) recordkeepers, financial institutions, retirement plan advisors and more, to embed its experience anywhere a user works, banks, or experiences financial services. The platform supports flexible integration options including outlink, SSO, widget integration, and APIs that meet partners where they really are in resourcing, technical debt, and product resourcing/roadmap capacity. Candidly supports multiple branding options including white labeling and co-branding. Candidly understands that education is one of the largest investments most people will make in a lifetime — whether for themselves or their children. Candidly brings compassion, authenticity, and confidence to Americans as they navigate their higher education pursuits — past, present and future. Candidly is backed by leading venture capital and strategic investors including Aflac, Equal Opportunity Ventures, Impact Engine, Rethink Impact, Salesforce Ventures, UBS, Unum, and Vulcan Capital. For more information, visit www.getcandidly.com
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