THE COMPANY

MPOWER’s borderless loans enable students from around the world to realize their full academic & career potential by attending top universities in the U.S and Canada.

As a mission-oriented FinTech / EdTech company, we move extremely fast and leverage the latest technologies, global best practices, and heavy analytics to tackle one of the biggest challenges in financial inclusion. We’re backed by over $150 million in equity capital from top global investors, which enables our fast-growth and provides our company with financial stability and a clear path to an IPO over the coming years.

Our global team is composed of ex-management consultants, financial services and technology professionals, and other experts in their respective fields. We work hard, have fun, and believe greatly in our cause. For us, MPOWER’s mission of making this mission is personal.

As a member of our team, you’ll be challenged to think quickly, act autonomously, and constantly grow, creatively in an environment where fast change and exponential growth is the norm. ideation and implementation happens very quickly. We value feedback and emphasize personal and professional development by providing the resources you need to further your skills and grow with the company. MPOWER is committed to cultivating your strengths and curiosity and helping you make an immediate impact.

MPOWER has been named one of the Best FinTechs to work for by American Banker for 2018, 2019, 2020, 2021 and 2022. We pride ourselves in being a “growth company for grown-ups”, where there are no pool tables but there are great health, education, and maternity/paternity benefits instead. Our team diversity has been recognized as well; we’re one of the most diverse staff in the world in terms of nationality, gender, religion, age, sexual orientation, and educational backgrounds

THIS IS A FULL-TIME POSITION BASED IN BANGALORE, INDIA.

THE ROLE

You will be directly responsible for performing and executing a highly efficient, world class accounting process by applying appropriate US GAAP accounting treatments to various complex accounts. You will also be responsible for overseeing and administering the implementation of technical accounting policies and serve as a contact for external audit issues. Your responsibilities will include but are not limited to:

• Determining and documenting the Company’s accounting positions on relevant transactions including but not limited to loan, borrowing, and equity accounting
• Evaluating and adopting accounting standard updates and maintaining relevant accounting policies, documentation, and checklists
• Ensuring accurate and timely month end closures, including hands-on oversight of transaction reviews
• Preparing and maintaining variance analyses to support monthly, quarterly and yearly results for various internal and external parties
• Conducting monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance, and assisting with preparation of external audits

THE QUALIFICATIONS

• Bachelor’s degree in Accounting
• 3+ years of relevant accounting experience within Financial Services (consumer credit, consumer loans, education financing, or online lending platforms) in a fast-paced, tech-driven environment
• Public accounting experience within a ‘Big 4’ audit/accounting firm, preferred
• Expert knowledge of relevant accounting concepts like US GAAP and IFRS principles and concepts
• Experience with factoring, loan accounting, or securitization accounting
• Self-directed with proven ability to research complex issues, work independently and multi-task several projects efficiently along with displaying a willingness to learn and adapt to changing scenarios
• Analytically oriented, with the ability to understand the complexities of the business process and highlight areas of focus
• Excellent written, verbal and interpersonal skills with the ability to clearly and concisely articulate an accounting positions, and resolve issues, in addition to interacting persuasively at all levels of the organization, including with internal and external auditors

A passion for financial inclusion and access to higher education is a must, as well as comfortable working with a global team across multiple-time zones and sites!

In addition, you should be comfortable working in a fast growth environment, meaning a small agile team, fast-evolving roles and responsibilities, variable workload and tight deadlines, a high degree of autonomy, and 80-20 everything.