Lead Analyst Financial Reporting at Empower

Greenwood Village, Colorado, United States

Empower Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

  • Bachelor’s degree in accounting, finance, or equivalent experience
  • 6+ years in accounting or financial reporting, ideally within financial services or insurance
  • Strong knowledge of US GAAP, IFRS, and Statutory accounting
  • Experience preparing or auditing financial statements
  • Advanced Excel skills and proficiency in MS Office
  • Strong communication skills and attention to detail
  • FINRA Series 99 registration and fingerprinting (or ability to obtain within required timelines)
  • Authorized to work for any employer in the U.S. (no sponsorship available)

Responsibilities

  • Own reporting processes for assigned entities, ensuring compliance with IFRS, US GAAP, and Statutory standards
  • Lead the preparation of audited financial statements and filings with regulators including the NAIC, FINRA, Colorado DOB, and SEC
  • Partner with Accounting, Investments, Valuations, and other teams to deliver accurate and timely reporting
  • Review schedules, disclosures, and analyses that support the company’s financial statements and audits
  • Support preparation of materials for the board and audit committee
  • Lead or assist with audits, special projects, and ad hoc analysis
  • Design and maintain SOX controls in collaboration with the Internal Control team
  • Monitor and apply new accounting standards and reporting requirements
  • Partner with Technical Accounting to implement new policies and processes
  • Coach and review the work of junior analysts to ensure accuracy and consistency

Skills

US GAAP
IFRS
Statutory Reporting
Financial Statements
Audits
SOX Controls
NAIC
FINRA
SEC
Technical Accounting
Internal Controls

Empower

Personal finance management and credit building

About Empower

Empower.me provides personal finance management and credit building services through a subscription model. Users can sign up for a 14-day free trial, after which they pay $8 per month for access to various financial tools. These tools include customizable payment plans, budgeting features, and credit score monitoring. A key aspect of Empower.me is its focus on helping users build credit by reporting their payments to credit bureaus, which can enhance their credit history if payments are made on time. Additionally, Empower.me offers a Thrive line of credit, which involves a soft inquiry on the user's credit report, ensuring that their credit score remains unaffected during the application process. Unlike many competitors, Empower.me specifically targets individuals with no minimum credit score, aiming to improve their financial health and savings.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$96.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Generous equity package
Full healthcare benefits
Unlimited PTO
Technology expense reimbursement
Work from anywhere

Risks

Increased competition from fintech companies like Chime and Varo could impact market share.
Integration challenges from acquisitions may disrupt operations and delay strategic goals.
Regulatory scrutiny on credit services could increase compliance requirements and costs.

Differentiation

Empower offers a unique subscription-based model for financial management tools.
The company focuses on credit building by reporting payments to credit bureaus.
Empower's Thrive line of credit involves a soft inquiry, not affecting credit scores.

Upsides

Acquisition of Petal and Cashalo expands Empower's product offerings and customer base.
Increased demand for financial literacy tools among millennials and Gen Z benefits Empower.
Growing interest in alternative credit scoring aligns with Empower's mission for underserved consumers.

Land your dream remote job 3x faster with AI