Job Details
Location:
San Francisco, San Francisco City and County, California, USA
Posted:
Dec 14, 2019
Job Description
Varo is on a mission to redefine banking so it's easy for everyone to make smart choices with their money. Our app offers bank accounts and high-yield savings accounts that don’t cost a thing, tools to help you manage your money and save automatically, and invitation-only personal loans at competitive rates. On the contrary, traditional banks charge fees, offer next-to-nothing savings rates, and don’t work with their customer’s best interests in mind. Varo is distinct from other fintechs: With preliminary approval for a bank charter from the Office of the Comptroller of the Currency (OCC), we're on our way to becoming the first mobile-centric national bank in the country. Our unique team combines the best people in tech and banking, and we’re wildly passionate about keeping our customers happy by helping them manage and grow their money. Based in San Francisco and privately held, Varo has raised $189M to date, led by Warburg Pincus and The Rise Fund / TPG Growth.
ABOUT THE FINANCE TEAM We’re a small but mighty team of four looking to add a motivated NetSuite expert and financial institutions specialist who wants to help build the bank of the future, learn all about digital banking and enjoy life at the forefront of Fintech. We bring all the creativity and passion generated by everyone in design and marketing and engineering into an achievable strategic plan that walks the fine line between building the coolest Product and making sure we have a solid path to profitability that will delight our world-class investors. We love the cultural balance Varo has achieved between Silicon Valley technology and Wall Street financial services acumen.
WE’RE LOOKING FOR SOMEONE WHO WILL
- Manage and streamline the close processes and maintain the close calendar
- Review journal entries and general ledger account reconciliations and ensure that account balances are fully reconciled
- Manage chart of accounts and ensure all amounts are recorded correctly
- Review monthly financials and trend analysis to ensure completeness and accuracy of results and manage the preparation of the financial statements in a timely manner
- Manage chart of accounts and cost centers and update as necessary in accordance with change management requirements, including creating off-balance sheet and statistical accounts
- Create standardized and ad-hoc reporting in NetSuite
- Create templates and workflows in NetSuite for automation of entries and reporting
- Maintain fixed asset register and update as necessary
- Maintain vendor and accounts payable information and ensure prudent cash flow management and vendor payments
- Prepare flux analysis for balance sheet and income statement accounts
- Work effectively with cross functional business partners, including Finance, HR, Payroll, Legal, IT, Marketing and other teams.
- Ad hoc general ledger projects and other duties as assigned
PREVIOUS EXPERIENCES THAT’LL HELP YOU BE GREAT
- Experience with NetSuite required
- 5+ years relevant experience in General Ledger accounting
- Bachelor of Science in Accounting or Finance
- Banking or Financial Institution Experience
- Certified Public Accountant (Active status preferred)
- Public accounting experience is also a big plus
- Highly detail-oriented with excellent time management, prioritization and organizational skills
- Strong analytical skills, efficient, and self-motivated with the ability to recommend and implement process improvements
THE THREE SKILLS THAT MATTER MOST Nobody can be great at everything, but we’re looking for candidates who are extraordinary at: - Performing the monthly close process and reviewing reconciliations
- Excel and PowerPoint - Advanced Excel skills (ie. advanced formulas, macros, & pivot tables)
- Comfortable operating in a fast paced, growth stage start-up
OTHER NICE TO HAVES
- Proven ability to work creatively and analytically in a problem-solving environment
- Excellent communication (written and oral) and interpersonal skills
- Prior experience implementing and documenting new accounting processes
- Payroll experience a plus
- Assist in the preparation of business filings
Learn more about Varo by following our: Facebook -
https://www.facebook.com/varomoney/ Instagram -
https://www.instagram.com/varomoney/ LinkedIn -
https://www.linkedin.com/company/varo-money-inc./ Twitter -
https://twitter.com/varomoney Engineering Blog -
https://medium.com/engineering-varo We hope to hear you say,
"I'm in." Apply for this job