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Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.
Accounts Receivable (AR) is a growing sub-team within the Accounting Operations Team. The Accounting Operations team is responsible for Travel & Expense, Accounts Payable, and Accounts Receivable.
The Accounts Receivable Department is responsible for the billing process for our Virtual Card Network (VCN), Brand Sponsored Program (BSP), and Affirm card merchants, as well as processing customer and merchant refunds.
The AR Lead will be a key player in setting objectives for the AR Team that align with the Accounting Operations department goals and be responsible for managing all aspects of the AR Department, including managing the AR staff and overseeing primary responsibilities within each area. The AR Lead is responsible for managing timely month end close activities and ensuring accurate financial records.
What You'll Do
Manage timely processing of invoices for our merchants and affiliate partners and review invoices for accuracy
Manage cash applications and billing adjustments, as well as maintain an accurate AR aging
Manage timely processing of customer refunds
Work closely with CSMs to inquire about merchant deal sensitivities, obtain escalation contacts, and potentially learn other helpful information about the merchant
Work cross functionally to streamline processes and implement automation as it relates to AR
Prepare and review journal entries, reconcile GL account balances, and analyze variances in accordance with the Accounting Department’s close schedule
Create and manage metrics and KPIs, process documentation, and drive process improvements
Perform SOX walkthroughs to ensure no deficiency in SOX compliance
Provide SOX/Audit related PBCs as requested by request due dates
Prepare and distribute ad-hoc reporting to upper management
What We Look For
5+ years of related Accounts Receivable (AR) experience, preferably working within a rapidly growing company
Ability to clearly and concisely communicate both written and verbally with exceptional interpersonal skills
Ability to work extremely well cross functionally
Excellent leadership skills to support your team on a daily basis
Ability to demonstrate strong analytical skills
You are curious and love to find new ways of improving processes
You are passionate about Affirm and its mission
Base Pay Grade - H
Equity Grade - 3
Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills.
Base pay is part of a total compensation package that may include monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents). In addition, the employees may be eligible for equity rewards offered by Affirm Holdings, Inc. (parent company).
CAN base pay range per year: $78,000 - $118,000
#LI-Remote
Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.
We’re extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:
- Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
- Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
- Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
- ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount
We believe It’s On Us to provide an inclusive interview experience for all, including people with disabilities. We are happy to provide reasonable accommodations to candidates in need of individualized support during the hiring process.
[For U.S. positions that could be performed in Los Angeles or San Francisco] Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles Fair Chance Initiative for Hiring Ordinance, Affirm will consider for employment qualified applicants with arrest and conviction records.
By clicking "Submit Application," you acknowledge that you have read Affirm's Global Candidate Privacy Notice and hereby freely and unambiguously give informed consent to the collection, processing, use, and storage of your personal information as described therein.
Affirm Toronto, Ontario, CAN Office
155 Wellington St. W, Toronto, ON, Canada, M5V 3H1
