Sr. Accountant (Cash)

Octane · Remote

Company

Octane

Location

Remote

Type

Full Time

Job Description

Octane® is revolutionizing recreational purchases by delivering a seamless, end-to-end digital buying experience. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases - like powersports vehicles, RVs, and OPE - fast, easy, and accessible.

Octane adds value throughout the customer journey: inspiring enthusiasts with our editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online, routing customers to dealerships for an easy closing, and supporting customers throughout their loan with superior loan servicing.

Founded in 2014, we’re a remote-first company with 550+ employees and over 30 OEM and 4,000 dealer partners.

We are seeking a Sr. Accountant to oversee Cash impacting Octane’s financial statements. This role is responsible for developing process and controls ensuring accurate expenses reporting and reconciliation of associated general ledger accounts.


Responsibilities:

  • Responsible for preparing the daily Cash Position Report detailing prior day cash balances and significant cash movements
  • Assist with Treasury Operations such as reviewing current bank balances to ensure sufficient funds and setting up internal transfers when necessary
  • Document and communicate returned checks, refunds, payment misallocations, and auction sale proceeds to the Servicing team
  • Responsible for completing bank account reconciliations across six banks and downloading respective bank statements at month end
  • Reconcile the funding account and escalate any funding issues to the funding team
  • Download monthly Merchant Reports and provide them to the Loan Accountant
  • Own month end reconciliations and investigate and resolve any differences
  • Review month end cash variances and provide explanations for significant month over month variances
  • Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy and identify automation opportunities

Requirements:

  • Bachelor's Degree in Business Administration – Accounting or Finance
  • Minimum 5+ years of general accounting experience strongly preferred or equivalent relevant experience
  • Experience with MS Office Suite (Excel, Word, PowerPoint)
  • Understanding of NetSuite and FloQast is a plus
  • CPA, CPA-candidate a plus

Compensation: The role described above offers a base salary of $70,000 to $90,000.  Your offer will be based on the alignment of your qualifications with the requirements of the job and internal equity.  In addition to the above-mentioned salary, Total Rewards include a stock option package, and benefits as outlined below.

Benefits:

  • Robust Health Care Plans (Medical, Dental & Vision)
  • Generous Parental Leave
  • Up to 5 weeks time off (self-managed)
  • Retirement Plan (401k) with Company match
  • Educational Assistance/Tuition Reimbursement up to $3K/year
  • Life Insurance (Basic, Voluntary & AD&D)
  • Short Term / Long Term Disability
  • Team Activities (remotely)
  • Robust Ancillary benefits including accident insurance, hospital insurance, etc

Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.

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Date Posted

02/17/2023

Views

6

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