
11 - 50 employees
đź Consulting
đŚ Logistics
đŁ Marketing
Consulting ⢠Logistics ⢠Marketing
Tern is a company focused on providing flexible cards and accessible fintech tools designed to increase revenue and streamline processes for businesses and enterprises. They offer a variety of embedded banking solutions such as virtual and physical prepaid cards, bank transfers, cross-border transactions, and compliance support. Tern's platform is equipped with low code/no code solutions, APIs, and intelligent data analytics, making it user-friendly and efficient for companies looking to quickly launch financial products. With a goal to democratize fintech services, Tern aims to make these tools available to a broad audience, breaking down barriers and fostering innovation in the financial technology space.
đĽ 2 minutes ago
đşđ¸ United States â Remote
đľ $150k - $175k / year
â° Full Time
đ Senior
đ¸ Financial Planning and Analysis (FP&A)
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11 - 50 employees
đź Consulting
đŚ Logistics
đŁ Marketing
Consulting ⢠Logistics ⢠Marketing
Tern is a company focused on providing flexible cards and accessible fintech tools designed to increase revenue and streamline processes for businesses and enterprises. They offer a variety of embedded banking solutions such as virtual and physical prepaid cards, bank transfers, cross-border transactions, and compliance support. Tern's platform is equipped with low code/no code solutions, APIs, and intelligent data analytics, making it user-friendly and efficient for companies looking to quickly launch financial products. With a goal to democratize fintech services, Tern aims to make these tools available to a broad audience, breaking down barriers and fostering innovation in the financial technology space.
⢠Restructure the P&L to describe Tern's businesses and provide unit economics per transaction ⢠Own the financial model derived from the P&L ⢠Set revenue recognition policy across all business verticals ⢠Oversee the month-end close process ⢠Own burn policy, categorization, and reconciliation between P&L expenses and cash outflows ⢠Write accounting requirements for payment and operations products ⢠Collaborate with the Finance Product Lead and engineering to implement accounting requirements ⢠Map and close tax exposure for new business lines ⢠Serve as the accounting subject-matter expert for Tern and its users ⢠Report to the Chief of Staff and partner on supplier economics and investor-facing work ⢠Act as the company's accounting authority for internal and external questions
⢠Deep technical accounting expertise and ability to reason from accounting standards ⢠Experience as the first or earliest accounting hire at one or two startups ⢠Experience building a chart of accounts, month-end close, and controls ⢠Revenue recognition experience under ASC 606 ⢠Experience making gross-vs-net and principal-vs-agent determinations ⢠Experience accounting for payments and marketplaces, including held funds, payouts, chargebacks, interchange, and processing fees ⢠Experience writing accounting requirements for engineering teams ⢠Ownership of month-end close processes ⢠Ability to operate without a defined process and take ownership of unassigned work ⢠CPA is a bonus ⢠Travel tech or commission, supplier statement, and trust accounting experience is a bonus ⢠Institutional fundraising and diligence experience is a bonus ⢠Experience replacing outsourced bookkeeping and bringing the function in-house is a bonus ⢠Multi-entity or multi-currency experience is a bonus
⢠Competitive salary ⢠Equity ⢠Benefits package ⢠Supportive, curious, and creative team ⢠Mission-driven work transforming the travel planning space ⢠Opportunity to influence and shape user success strategy from the ground up
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