Senior Loan Accounting Manager at Prosper Marketplace | Powderkeg

Location: United States

Employment Type: Full-Time Employee

Team: Financial Operations

About Us

Founded in 2005 as the first peer-to-peer marketplace lending platform in the U.S., Prosper was built on a simple idea: connect people who want to borrow money with those who want to invest. Since inception, Prosper has helped more than a million people gain access to affordable credit with over $20 billion in loans originated through its platform. Our mission is to help our customers advance their financial well-being through a variety of products including personal loans, home equity lines of credit (HELOC) and credit card. Our diverse culture rewards accountability and cross functional teamwork because we believe this encourages innovative thinking and helps us deliver on our mission.

We’re on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that’s democratizing finance for all!

Our Values

Diversity expands opportunities

_Collaboration creates better solutions _

Curiosity fuels our innovation

Integrity defines all our relationships

_Excellence leads to longevity _

_Simplicity guides our user experience _

Accountability at all levels drives results

COVID-19 Vaccination Policy

Prosper is continuing to grow our team during the COVID-19 pandemic, conducting fully remote hiring and onboarding processes. Our philosophy as a business is to approach the COVID-19 situation with empathy and urgency. Prosper’s top priority is the health and safety of our employees and of the communities we serve, including our customers, partners, prospects, and candidates. ** In accordance with this priority, along with our legal responsibility to provide and maintain a workplace that is safe and free of known hazards, we have adopted a COVID-19 Vaccination Policy which requires all of our employees to receive vaccinations, unless they have an approved accommodation.**

Our Story & Team // Our Blog

Problems you will solve

  • Prepare accounting entries and account reconciliations for various financial activities including: borrower and investor payables/receivables, revenue/contra-revenue, securitization accounting, loan servicing, and debt sale. See identified discrepancies and issues through to resolution.
  • Review journal entries and other work performed by the loan accounting staff and ensure that the work completed is in accordance with GAAP.
  • Prepare monthly financial statement fluctuation analyses for management reporting.
  • Assist with or prepare schedules to support regulatory and management reporting to ensure accuracy and timeliness of financial reporting.
  • Work cross-functionally with and support our business partners by providing financial insights and relevant reporting.
  • Assist with documentation and information required for year-end audit.
  • Participate in the ongoing development, establishment, and documentation of accounting policies and procedures.
  • Identify areas for process improvement, provide recommendations, and execute on the changes.
  • Play an active role in systems upgrades and data testing.
  • Deliver on ad-hoc projects / deliverables as necessary.

About You

  • Bachelor’s degree in Accounting or Finance preferred.
  • Loan Accounting experience and strong problem-solving skills is required.
  • 5+ years of experience that demonstrates knowledge and application of GAAP accounting policies and practices. Experience with organizations providing consumer lending products ideal.
  • Strong analytical skills along with a high level of attention to detail.
  • Motivated self-starter who is comfortable working both independently and collaboratively as a member of a cross functional team.
  • Positive attitude with a willingness to proactively roll up your sleeves.
  • Ability to prioritize and complete multiple tasks in a fast-paced environment.
  • Excellent verbal and written communication skills.
  • Advanced Microsoft Excel skills (vlookup, pivot tables, etc.) and experience with SQL.
  • Experience with NetSuite a plus.

What We Offer

  • The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people's lives
  • The opportunity to work in a fast-paced environment with experienced industry leaders
  • Flexible time off, comprehensive health coverage, competitive salary, 401(k) employer match, paid parental leave
  • Wellness benefits including access to mental health resources, virtual HIIT and yoga workouts
  • A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts through Perkspot
  • The ability to work remotely in the United States



Applicants have rights under Federal Employment Laws.

Family & Medical Leave Act (FMLA)

Equal Employment Opportunity (EEO)

Employee Polygraph Protection Act (EPPA)

_California applicants: please click here to view our California Consumer Privacy Act (“CCPA”) Notice for Applicants, which describes your rights under the CCPA: _

At Prosper, we're looking for people with passion, integrity, and a hunger to learn. We encourage you to apply even if your experience doesn't precisely match the job description. Your unique skill set and diverse perspective will stand out and set you apart from other candidates. Prosper thrives with people who think outside of the box and aren't afraid to challenge the status quo. We invite you to join us on our mission to advance financial well-being.

Prosper is committed to an inclusive and diverse workplace. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical​​​ condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law, including the San Francisco Fair Chance Ordinance. Prosper will consider for employment qualified applicants who are non-US citizens and will provide green card sponsorship.

Job Summary
  • Job Title
    Senior Loan Accounting Manager
  • Company
    Prosper Marketplace
  • Location
    San Francisco, CA
  • Employment Type
    Full time
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