Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured, and designed for the way our customers live their lives.

A bank for all of us.

About the Finance Team

Our small, but mighty Finance team is looking for a new team member to build out the financial controls function. The Finance team has three core functions: Accounting and Reporting, Treasury and FP&A. We take ownership of the financial health of Varo and are critical partners for Varo leadership in charting the path to where no bank has been before. 

About the Financial Controls Manager role

We’re looking for a Financial Controls Manager to design, implement and manage the Company’s internal controls over financial reporting. Our ideal candidate has a curious mind and a desire to design and implement controls collaborating with business partners and back office. We hope to add to our team an individual with a diverse background that includes financial comprehension, business process understanding, data analytics experience, and strong written communication skills. 

The candidate will act as the subject matter expert on all financial controls matters and participate in business product and feature development to ensure the right controls are stood up from the beginning. 

What you'll be doing

• Ensure that the Company has established a sound system of internal controls over financial reporting to ensure reliable and timely financial information by:
• Designing, assessing, implementing and monitoring a robust controls framework, governance and methodology.
• Mapping to the COSO internal controls framework; governance; program management; materiality & tolerances; scope; implementation plan
• Identify, assess, document in standard SOX documentation format and monitor business processes and financial systems that affect financial reporting
• Lead, document and report on risk assessment of the business processes in respect of materiality & tolerances misstatements in financial reporting
• Develop policies for controls and control objectives for core financial reporting processes
• Work with process owners to scope, design, and implement controls to address key risks and ensuring design adequacy and operating effectiveness of financial controls
• Develop and implement the controls testing process, including conducting reviews and testing of financial reporting controls compliance by process owners along with monitoring and overseeing the remediation of deficiencies identified
• Prepare and manage the ongoing reporting process to senior management and committees
• Coordinate with internal and external auditors to ensure the effectiveness of the controls are tested and the resolution of any audit findings
• Provide ad hoc reports and status on above responsibilities
• Work on projects / initiatives as assigned
• Work closely with stakeholders across functions in a fast-paced environment, able to provide solution to issues
• Stay current on best practices and latest thinking regarding processes, risk management and controls
• Ability to manage multiple projects and communicate with different cultures and levels within the organization 

Required skills and experiences

• CPA, CIA or equivalent
• Knowledge of accounting for consumer banking products
• Experience in setting up financial controls program in a financial institution
• Experience in management reporting on financial controls status
• Managing implementation and remediation of financial controls
• Collaborating with internal and external audit teams




The three skills that matter most

Nobody can be great at everything, but we’re looking for candidates who are extraordinary at: 

• Collaboration and Project Management - Ability to collaborate across teams and lead multiple projects to successful completion.
• Communication - Excellent communication and articulation skills, both written and verbal.
• Team player – Flexible workflow and schedule to help meet greater team goals.

About Varo

We're on a mission to bring financial inclusion and opportunity to all hard-working Americans. Through our mobile app, we offer premium bank accounts that have no minimum balance requirement or monthly account fees, high-interest savings accounts, short-term lending, and solutions to help customers stretch their paycheck, build credit and start saving. Our tech-first products are designed to make money work for everyone and help customers and communities build greater financial resiliency.

Varo is distinct from other fintechs: we've made history as the first and only consumer fintech to be granted a full national bank charter by the Office of the Comptroller of the Currency (OCC).

Varo Bank represents the evolution of a new generation of banks that are born from innovation and built on technology to empower consumers and businesses.

Our team combines the best of both consumer tech and banking, and we’re wildly passionate about helping our customers. Our teams are based in San Francisco and Salt Lake City. Privately held, we’ve raised over $482M to date, from leading institutional investors and strategic partners including Warburg Pincus, The Rise Fund, Gallatin Point Capital, Harbourvest Partners, Progressive Insurance, and Russell Westbrook Enterprises.

Varo is entrepreneurial, collaborative, enthusiastic, customer-oriented, fast-paced, and multicultural. This is an open and relatively flat organization that puts an emphasis on collaboration, sharing ideas and information. For a relatively early-stage company, Varo is grounded in a strong set of values and takes pride in the diversity of its employees and board. 

Varo. A bank for all of us.

Our Core Values

- Customers First

- Take Ownership

- Respect

- Stay Curious

- Make it Better

Varo is an equal opportunity employer. Varo embraces diversity and we are committed to building teams that represent a variety of backgrounds, perspectives, and skills. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Learn more about Varo by following us:

Facebook - https://www.facebook.com/varomoney

Instagram - www.instagram.com/varobank

LinkedIn - https://www.linkedin.com/company/varobank

Twitter - https://twitter.com/varobank

Engineering Blog - https://medium.com/engineering-varo

SoundCloud - https://soundcloud.com/varobank

Beware of fraudulent job postings!

Varo will never ask for payment to process documents, refer you to a third party to process applications or visas, or ask you to pay costs. Never send money to anyone suggesting they can provide work with Varo. If you suspect you have received a phony offer, please e-mail [email protected] with the pertinent information and contact information.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.