About iBusiness Funding
iBusiness Funding is a software and lender service provider specializing in small business lending. Our technology, team, and process enable us to support loans from $10,000 to $25 million for our lending partners. Our technology solutions have been proven to quickly scale our clients’ portfolios without the need for additional overhead. Our flagship product, LenderAI, features end-to-end lending functionality from sales all the way through servicingTo date, we’ve processed over $11 billion in small business loans and handle more than 1,000 business loan applications daily.
Our team is driven by our core values of innovation, integrity, enjoyment, and family.Join us and be part of a team that’s transforming the finance industry and empowering businesses to thrive!Position DescriptionWe are looking for a talented, motivated, self-starter to join our fast growing company.From a management standpoint, this person will ideally have overseen a similarly-sized team. They will have the desire to foster growth and development of direct reports while also expressing an appetite for furthering personal growth. This position will help support the close process to ensure our financial package is completed accurately and timely.
Additionally, this role will complete and review supplemental quarterly and annual schedules to support parent company SEC filings and the year-end audit. This individual will also lead and develop the budgeting and forecasting processes. This position will also work to streamline and improve our processes under the mentorship and guidance of the Director of Finance. The ideal candidate will be flexible and have a hands-on, team oriented, and exhibit a proactive “go getter” approach to help move the company forward in achieving its goals. This individual will be involved in regular communications with senior leadership, enabling further growth into a strategic Finance & Accounting professional.Major Areas of Responsibility
- Oversee accounting team of 1-4 onshore and offshore accountants, focused on cash, AP, AR, and GL accounting.
- Play an integral role in the month-end close and GL accounting, including:
- Recording and review of journal entries, which may include expense accruals, prepaid amortization, fixed asset depreciation, reclassifications, revenue recognition, and/or others.
- Preparation and review of balance sheet reconciliations, including improvements of existing reconciliations and creation of new reconciliations where appropriate
- Variance analysis of financial statement lines
- Prepare annual companywide budget through collaboration with business leads and working cohesively within the accounting team.
- Review new vendor requests, ensuring reasonableness and compliance with company policies.
- Assist parent company with supplemental quarter and year-end schedules and additional analyses.
- Participate in the interim and year-end financial statement audits, as well as other ad hoc audits, by providing support for auditor requests and addressing any questions that arise.
- Partner with the Technical Accounting Manager on GAAP research, implementations, and detailed process workpapers.
- Work closely with the Director of Finance to optimize and enhance reporting and system setup for accounts and departments.
Required Knowledge, Skills, and Abilities
- Bachelor’s degree in Accounting, Finance, or equivalent discipline.
- 5-7+ years of GL accounting and/or auditing experience.
- Exposure to NetSuite a plus.
- CPA license preferred.
- Excellent ability to apply accounting principles, including experience with analysis and recording of revenue and expenses and understanding of financial instruments accounting.
- Extensive understanding of US GAAP and SOX
- Experience in general ledger accounting, balance sheet reconciliations, processing and recording of cash transactions, and appropriate documentation and explanation of accounting decisions and conclusions.
- Ability to identify opportunities to improve process efficiencies and internal controls; willingness to challenge current processes and make them better
- Strong written and verbal communication skills and excellent attention to detail
- Ability to work independently in a fast-paced environment.
- Expertise in Office tools, particularly Excel.
- Interest in and understanding of financial technology and online lending
- Enthusiasm for a fast-paced, team-oriented start-up environment with additional hour expectations when needed, specifically during month-end and quarterly/annual deadlines.
ConclusionThis job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with the position.The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information, or any other characteristic protected by law.
