Senior Accountant

Job Description

Job Description

At Koalafi, we believe in a world where no one has to put an important purchase on hold. That's why we're making it easier for more people to pay for big purchases over time.

Retailers across the country rely on us to offer flexible lease-to-own financing to their non-prime consumers, while increasing sales and strengthening customer loyalty. Their 2M+ customers love us because we provide a flexible way for them to make payments and give them an opportunity to improve their credit. Our 200+ Koalafi teammates enjoy inspiring and challenging work that accelerates their careers.

Interested in learning more about how we're transforming the financing experience and joining our team?

About the opportunity

As Senior Accountant, you'll play a key role in building the strong financial foundation that keeps Koalafi moving forward. You'll take ownership of significant areas of the monthly close and help ensure the integrity of our general ledger, primarily in NetSuite. Through accurate reconciliations, thoughtful variance analysis, and day-to-day cash management, you'll bring clarity to the numbers, improve how we work, and help our fast-growing business deliver for the people and merchants who rely on us.

What You'll Do Financial Reporting & Close Process

• Own assigned areas of the month-end close, including the accuracy, completeness, and timeliness of the underlying financial records
• Perform journal entries, account reconciliations, and supporting schedules
• Prepare internal and external financial statements and supporting schedules
• Analyze monthly variance and flux analysis for assigned P&L and balance sheet accounts, including written explanations of the underlying drivers
• Ensure proper application of U.S. GAAP across all assigned accounting treatments

Reconciliations & General Ledger

• Own balance sheet and income statement account reconciliations
• Investigate and resolve reconciling items and discrepancies in a timely manner
• Perform subledger-to-general-ledger tie-outs and resolve differences at the source

Treasury & Cash Management

• Support daily cash positioning and monthly bank reconciliations across all operating accounts
• Contribute to cash forecasting and monitor liquidity against operating needs
• Perform cash flow analysis and communicate findings to management
• Coordinate directly with banking partners on account activity, exceptions, and setup

Process Improvement & Systems

• Identify and implement improvements to accounting processes, controls, and close-cycle efficiency
• Contribute to accounting system enhancements, implementations, and automation projects
• Develop and maintain documentation of accounting policies, procedures, and close checklists

Cross-Functional Collaboration

• Build and maintain strong working relationships with Operations, Legal, Product, and FP&A
• Partner with management to provide insights that support business decision-making
• Communicate accounting impacts clearly to non-accounting stakeholders
• Support interdepartmental initiatives and process improvements

Audit & Compliance

• Serve as a key point of contact for external auditors during financial statement audits
• Prepare audit schedules and respond to audit inquiries
• Correspond with multiple U.S. states regarding sales tax compliance, filings, audits, and inquiries

Additional Responsibilities

• Support ad hoc projects and analyses as assigned
• Stay current on accounting standards, regulatory requirements, and industry best practices

About You

• Bachelor's degree in Accounting or Finance
• 3–5 years of accounting experience, including at least 2 years in a corporate or in-house accounting role
• Demonstrated ownership of month-end close areas, including journal entries, account reconciliations, and close-cycle deadlines
• Hands-on general ledger experience in an ERP environment (NetSuite strongly preferred)
• Experience preparing account reconciliations and financial statements, and explaining variances to management
• Strong knowledge of U.S. GAAP
• Advanced proficiency in Excel (pivot tables, lookups, large data sets)
• Proven ability to manage multiple projects and competing priorities against a fixed close calendar
• Attention to detail in a high level of accuracy
• Ability to work independently and as part of a collaborative team
• Strong written and verbal communication skills
• Adaptability and comfort working in a dynamic, high-growth environment

Preferred

• CPA license (active or in progress)
• Experience supporting or performing financial statement audits
• Familiarity with financial services, consumer finance, leasing, or lease-to-own industries
• Sales tax compliance experience across multiple states
• Experience with close management or reconciliation software

Location: This position requires regular in-person attendance at our office location (Richmond,VA) or (Arlington,VA). Candidates must already be located within a commutable distance to this location, as relocation assistance is not available at this time.

Salary Range: $84,000 - $109,000 per year (depending on experience and location)
Additional Compensation: This position will be eligible to participate in company bonus plan.

Applications will be accepted until position is filled.

Why choose Koalafi: A career at Koalafi means opportunities to tackle exciting challenges every single day. We take pride in a culture of innovation, trust, and ownership. You'll get outside your comfort zone, build meaningful relationships, and most of all, take charge of projects that ultimately help people get the things they need most.

Benefits:

At Koalafi, you will have a direct impact on our products and help shape the company's success. We offer competitive compensation & benefits packages to keep you at your best:

• Comprehensive medical, dental, and vision coverage
• 20 PTO days + 11 paid holidays
• 401(k) retirement with company matching
• Student Loan & Tuition Reimbursement
• Commuter assistance
• Parental leave (maternal + paternal)
• Inclusion and Associate Engagement Programs

Who we are & what we value:

• We focus on what's most important
• We set clear expectations and deliver
• We embrace challenges to reach our full potential
• We ask, "How can this be better?"
• We move fast together