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Lead, Financial Data Management



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Accounting & Finance, Data Science
San Francisco, CA, USA
Posted on Monday, December 11, 2023

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Who we are:

Shape a brighter financial future with us.

Together with our members, we’re changing the way people think about and interact with personal finance.

We’re a next-generation fintech company using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The Role:

This role will be an extension of the Accounting and Controllership function and will be responsible to partner with data producers, owners and consumers to apply the power of data & analytics to deliver new insights and data-driven solutions to accelerate business outcomes. This role will report to the Sr Director, SOX Governance and Financial Data Management. In this role you will utilize your Data Governance, Stewardship and Accounting skillsets to assist the Controllership function to consume and deliver trusted data to the organization in line with ongoing evolution in company strategy; ensuring stability, quality and meeting the needs to power the organization.

This role will enable the use of data for ensuring the integrity of our financial reporting and accounting, as well as strengthen strategic decision-making by understanding and addressing the data and analytics needs of stakeholders. The leader in this role is expected to reduce operational friction through standardized, repeatable processes and common approaches to data and analytics issues, to ensure transparency through coordination of efforts to manage risks for data and analytics use within the Finance & Accounting team.

The Financial Data Manager will oversee the Finance & Accounting data assets to help provide high-quality data that is easily accessible in a consistent manner. Be responsible for customer, supplier, and product master data-related activities to ensure our data is complete, accurate, and follows data governance policies. This role will be responsible for cleansing, and enriching master data across multiple data domains.

This role will help develop procedures that ensure data assets and associated analytics meet certain criteria necessary for Finance & Accounting processes to enhance data and analytics accuracy, increase data timeliness, and improve protection of sensitive data.

What you’ll do:

Key Responsibilities of a Data Owner at SoFi

Data Governance:

    • Ensure compliance with Enterprise Data Governance Policies and Standards as it relates to data production, aggregation and consumption of data
    • Operationalize data governance processes in partnership with data owners across the company
    • Contribute effectively to the execution of the Enterprise Data Strategy, Critical Data Element (CDE) management and related efforts.
    • Establish and maintain related business data specifications and requirements and data standards.
    • Partner with data producers and IT Group to implement data standards, business rules and Data Quality (“DQ”) issues and escalation procedures.
    • Facilitate and support education and ongoing training in Enterprise data management policies and procedures.

Metadata Management:

    • Be the Subject Matter Expert (SME) for the data domain and data attributes. Working with functional units to identify business terms, define rules and standards, lineage mapping and socialize progress among stakeholders throughout the department.
    • Develop and maintain data conceptual and logical glossaries and work with IT Group to develop or relate technical glossaries.
    • Work with Business Process Owners and the Data Governance User Group(s) to identify, classify and define each assigned CDE and ensure that each element has a clear and unambiguous definition.
    • Initiate and oversee changes (i.e. creation, modification, deletion) to CDEs, recommend the prioritization and identify the impact for the key stakeholders.
    • Document and maintain data calculation rules, data sourcing rules, data transformation rules and data lineage in a centralized data governance repository.

Data Quality Management:

    • Facilitate and support data quality improvement initiatives.
    • Collaborate with Data Owners, Business Process owners and IT data to ensure data used for risk, financial, regulatory, operational and management reporting is fit for purpose.
    • Based on changes in the business work environment, job responsibilities can change, and additional functions and tasks may be added or removed accordingly.
    • Additionally, this position will perform other duties as required, and participate in special projects as deemed necessary and appropriate by Management.

What you’ll need:

Education: Bachelor's Degree.

Experience: 4-8 years of relevant work experience.

  • Requires leadership experience and broad management knowledge to build this new Financial Data Management function and lead the team
  • Previous experience in building a similar function within Accounting and Finance. Relevant experience in the financial services industry.
  • Experience leading a team of data lifecycle partners who work day-to-day with data owners, data stewards, and business leaders to ensure data is connected, clean, and sufficiently complete to enable business decisions, drive business growth, optimize costs, and reduce risk exposure
  • Requires business acumen, strategic thinking, financial analytical skills and decision-making skills
  • Experience working in an Enterprise Data Management Program is strongly preferred, as well as a sound understanding of data governance practices, metadata management, data quality concepts and familiarity with regulatory requirements in the financial services industry.
  • Knowledge of CDE identification, data attributes, metadata management and lineage documentation.
  • Experience with relational databases, metadata modeling and taxonomy concepts.
  • Experience in process design (including Green Belt or Black Belt certification) is a plus.
  • Strategic and independent thinker with Hands-on approach to achieving data governance goals and a collaborative working style with the ability to work with line of business partners to build consensus.
  • Effective communicator with ability to build alliances with stakeholders across the Company
  • Knowledge of data governance, data quality practices and Project Management tools like Collibra, IBM Infosphere, Datum, Informatica, Attacama, Jira or similar tools.
  • Working knowledge of Project Management best practices.
  • Strong communication skills both verbal and writing, with attention to detail.
  • Ability to multi-task and a fast learner
  • Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously.
  • Experience with building new capabilities, drive organizational impact and act as change agent

Nice to have:

  • CPA or Chartered Accountant
  • Big 4 Accounting Firm experience is strongly preferred
  • Prefer FinTech, banking and/or financial services experience
Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

This job is no longer accepting applications

See open jobs at SoFi.