[Remote] Staff Accountant - Corporate Accounting at Figure

Remote

Figure Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Blockchain, Financial ServicesIndustries

Requirements

  • BA/BS in Accounting preferred
  • At least 2+ years of relevant work experience in an accounting role. Tech startup experience helpful but not required
  • Proficiency in Excel required; familiarity with SAGE Intacct, Bill.com, Brex, Numeric and Floqast preferred
  • Strong understanding of US GAAP
  • Excellent time management, attention to detail, and ability to work independently with minimal supervision while meeting tight deadlines
  • Flexible and adaptable, with the ability to prioritize tasks and thrive in a fast-paced startup environment
  • Takes initiative to identify and implement process improvements that enhance operational efficiency
  • A self-driven mindset with a desire to grow into a key contributor as the company grows

Responsibilities

  • Record journal entries, oversee AR, and perform account reconciliations for a number of accounts including cash, credit cards, prepaids, ensuring data accuracy, identifying discrepancies, and proposing solutions when needed
  • Support the month-end close process by preparing journal entries, accruals, and balance sheet reconciliations
  • Contribute to the preparation of SEC financial statements, ensuring data accuracy through analysis, validation, and reconciliations
  • Help implement accounting policies and procedures to ensure GAAP compliance and strengthen internal controls
  • Assist with external audits by preparing necessary documentation and providing ongoing support
  • Collaborate regularly with cross-functional teams to identify areas for improvement and resolve issues
  • Participate in initiatives to improve accounting workflows and leverage automation to ensure reliable, real-time financial information for management reporting
  • Contribute to various ad hoc projects as the company grows

Skills

Key technologies and capabilities for this role

General LedgerAccount ReconciliationAccounts ReceivableAccounts PayablePrepaidsCash ManagementCredit Card ReconciliationInvoicingFinancial ReportingProcess ImprovementGAAPExcelQuickBooks

Questions & Answers

Common questions about this position

What are the main responsibilities of the Staff Accountant role?

The role involves recording journal entries, overseeing AR, performing account reconciliations for cash, credit cards, and prepaids, supporting month-end close, contributing to SEC financial statements, implementing GAAP-compliant policies, assisting with audits, collaborating cross-functionally, improving workflows with automation, and handling ad hoc projects.

What kind of work environment can I expect at Figure?

Figure offers a fast-paced, innovative environment at a rapidly growing fintech startup where you'll work with trailblazers transforming financial services alongside some of the brightest minds.

Is this Staff Accountant position remote or office-based?

This information is not specified in the job description.

What salary or compensation does the Staff Accountant role offer?

This information is not specified in the job description.

What qualities make a strong candidate for this Staff Accountant position?

Figure seeks a driven, detail-focused professional who takes ownership, thrives in a fast-paced innovative environment, is curious, eager to jump in, and passionate about learning, especially with skills in accounting processes, GAAP compliance, reconciliations, and process improvement.

Figure

Blockchain-based home equity lending solutions

About Figure

Figure is a financial technology company that uses blockchain technology to improve financial transactions, specifically in the home equity lending market. It offers products like Home Equity Lines of Credit (HELOCs) and mortgage refinancing, allowing homeowners to access their home equity quickly and efficiently. The application process is fully online, enabling homeowners to receive funds in as little as five days, which is much faster than traditional banks that can take weeks or months. Figure ensures secure and cost-effective transactions through blockchain, and it generates revenue from origination fees and interest on loans, with competitive rates starting at 3.49% APR. Targeting homeowners across various U.S. states, Figure aims to meet the demand for quick access to home equity for purposes like home improvements or debt consolidation.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$406.6MTotal Funding
SERIES_DCompany Stage
Fintech, Crypto & Web3Industries
201-500Employees

Benefits

Health & wellness - Figure pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan.)
Continuing education - Figure will reimburse eligible employees for approved continuing education that either offers growth in an area related to his or her current position or that may lead to promotional opportunities.
Flexible time off - We offer 10 company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave.
Bonus & stock options - Figure’s Bonus Plan recognizes and rewards eligible employees’ efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure’s common stock.

Risks

Recent layoffs may indicate financial instability or restructuring challenges.
New piggyback loan product could increase financial risk amid housing affordability issues.
Volatile crypto market could impact Figure's blockchain initiatives.

Differentiation

Figure uses blockchain to offer fast, secure home equity access in five days.
The company provides a fully online application process, unlike traditional banks.
Figure's competitive interest rates start as low as 3.49% APR.

Upsides

Increased blockchain adoption boosts Figure's secure transaction offerings.
Figure Connect taps into the demand for liquid private capital markets.
Michael Tannenbaum's appointment as CEO suggests potential for growth.

Land your dream remote job 3x faster with AI