Accounting Analyst bei Parafin

About Us:

At Parafin, we’re on a mission to grow small businesses.

Small businesses are the backbone of our economy, but traditional banks often don’t have their backs. We build tech that makes it simple for small businesses to access the financial tools they need through the platforms they already sell on. 

We partner with companies like DoorDash, Amazon, Worldpay, and Mindbody to offer fast and flexible funding, spend management, and savings tools  to their small business users via a simple integration. Parafin takes on all the complexity of capital markets, underwriting, servicing, compliance, and customer service for our partners. 

We’re a tight-knit team of innovators hailing from Stripe, Square, Plaid, Coinbase, Robinhood, CERN, and more — all united by a passion for building tools that help small businesses succeed. Parafin is backed by prominent venture capitalists including GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital. Parafin is a Series C company, and we have raised more than $194M in equity and $340M in debt facilities.

Join us in creating a future where every small business has the financial tools they need.

About the Position

We are looking for a high-impact individual who can play a dynamic role in owning aspects of the operational accounting, technical accounting, financial reporting, and treasury functions for our SMB fintech. The Accounting Analyst will be a critical enabler of the Company’s growth, driving efficiency across the Company’s accounting processes, which will enable us to report accurate and complete financial data to our stakeholders in a timely manner as we continue to scale and grow in complexity. We’re not only responsible for maintaining accurate books and records for financial reporting, but we’re also passionate about automation and partner closely with the engineering team to automate all aspects of our reporting pipelines.

As the Accounting Analyst, you will be exposed to a variety of areas, including but not limited to our lending, business credit card, and deposit account products, orchestrating cash movements, account reconciliations, developing technical accounting policies, designing financial controls, optimizing our month-end close and financial reporting processes, and more. As an Accounting Analyst, you will work cross-functionally within a fast-paced and fluid environment where creative problem-solving is highly valued. An Accounting Analyst is expected to manage multiple priorities concurrently without compromising quality.

Are you an operational problem solver excited to work collaboratively at a fast-growing startup to help grow small businesses? If so, join us!

What You’ll Be Doing:

• Help manage projects that improve processes and reporting for the Accounting function, including the enablement of automated journal entries and data enablement for SUGLEDER to ledger account reconciliations

• Take part in developing, documenting, and executing key policy documents and internal controls related to accounting processes and procedures.

• Oversee and manage certain day-to-day accounting processes for Parafin and its subsidiaries

• Drive process improvement through automation initiatives: develop a plan, clearly communicate project goals, resource needs, and business outcomes, including partnering with engineering to design and implement technological solutions for process automation

• Own parts of the month-end close, including journal entries, account reconciliations, and variance analytics

• Own preparation of the monthly/quarterly/annual financial reporting package

• Perform technical accounting research

• Support external audit, tax compliance, and miscellaneous reporting requirements from investors and stakeholders

• Collaborate with the Accounting team members on general accounting matters and ad hoc projects

• Oversee our outsourced bookkeeping team and identify incremental opportunities

What We’re Searching For:

• Someone excited about pushing the boundaries of what an accountant is.

• Demonstrated ability to leverage modern tools, including AI-powered technologies, to drive efficient, scalable solutions and enhance decision-making in accounting operations.

• Strong understanding of US GAAP - specifically as it relates to lending and technology companies

• Excellent communication skills and the ability to work with both technical and nontechnical partners.

• Ability to examine and verify financial documents, reports, and transactions; research and analyze accounting transactions; verify the accuracy of data; reconcile financial data and accounts

• Proven business analysis skills and experience working on complex projects with an excellent attention to detail.

• You care deeply about the quality and correctness of your work.

• Excellent time management and organizational skills with an interest in prioritizing and multitasking.

• The desire to improve processes and make your own job easier over time, taking ownership of all aspects of your projects independently.

• Excellent analytical, creative problem-solving, organizational, and project management skills, and the ability to work effectively in situations that involve ambiguity.

• You are excited about working on a small team and setting the foundations for the future of accounting at Parafin.

• Passionate about our mission and have a strong interest in the challenge of working in a dynamic and fast-paced start-up environment

We Prefer If You Have:

• Experience working at a traditional or fintech lending-focused organization

• Experience working in a high-growth organization on a scaling team

• Experience working with NetSuite (or similar enterprise ERP) and accounting close management software (e.g., Numeric).

• 3+ years of work experience - preferably both Big 4 and private industry experience with a financial services background

• Fluency in (or willingness to learn) data analysis skills and tools, such as SQL / Python / Looker, as these skills will further enable independent work

What We Offer

• Salary range: $100k - $130k

• Equity grant

• Medical, dental, & vision insurance

• Unlimited PTO & work from home flexibility

• Free lunches & snacks

• Commuter benefits

• A Chief Compliance Officer who won’t micromanage you

• Paid parental leave

• 401(k)

• Employee assistance program

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.