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SoFi

Accounting Manager, Valuation

at SoFi

San Francisco - HQ



Employee Applicant Privacy Notice

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 an interest in valuation, to join its accounting team. The role will focus on recurring valuation and measurement of our various financial instruments and investments. This role will report directly to the Assistant Controller.

What you’ll do:

  • Develop a strong understanding of ASC 820 and ASC 825 accounting principles
  • Manage the quarterly valuation of loans, servicing rights, rate locks and securitization related investments
  • Serve as point of contact external auditors on valuation-related questions
  • Manage relationships with third-party valuation firms
  • Prepare and present quarterly Valuation working group materials to key stakeholders
  • Prepare valuation-related journal entries
  • Collaborate with stakeholders of the lending businesses
  • Engage with Financial Reporting team as needed on various valuation-related disclosures
  • Develop a working understanding of valuation best practices

What you’ll need:

  • Big 4 accounting or valuation firm experience
  • Proficient writing skills
  • Proficient in MS Excel
  • 3-5+ years of post-graduate working experience
  • Bachelors or Masters degree in Accounting, Finance or Economics

Nice to have:

  • CPA
  • Financial services industry experience
  • Securitization experience
  • Ability to automate and simplify large datasets
  • Experience with Accounting ERPs
Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location. 
 
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.
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