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Stake

Financial Accountant - 12-month contract

Posted 5 Days Ago
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In-Office
Sydney, New South Wales, AUS
Mid level
In-Office
Sydney, New South Wales, AUS
Mid level
The Financial Accountant will maintain legal entity GLs, develop revenue recognition policies, implement controls for client funds, and ensure compliance through accurate reporting and audits.
The summary above was generated by AI

This is a 12-month fixed-term contract position. 

Stake is looking for a Financial Accountant to join our wonderful Finance team, at our brand new CBD office, within a flexible hybrid working model!

We’re an Australian investing platform that helps ambitious people confidently grow their wealth. By offering seamless, immersive access to the share markets, we’ve empowered a new wave of investors. Stake has grown fast from a fintech startup into a robust financial services company. Today we have 750,000+ customers and more than A$5 billion under administration.

At Stake, we break barriers in everything we do. Just like our customers, we’re driven by ambition. Our desire for continuous growth is what creates the collaborative and high-performance environment we work in. Though we’re spread around the world, we’re a unified team moving towards a shared vision: to unleash the investor in everyone. 

Join us as we continue to reshape the financial industry, inspiring investor confidence and celebrating our wins along the way.

About this role 

Stake Super is a high growth and strategically important business line for Stake and we are looking for a technically strong accountant with a continuous improvement and curious mindset to support and help grow the finance function that supports this business. This role will partner closely with the GM — Stake Super, Financial Controller, Finance Operations and Data teams to ensure reporting is reliable, auditable and increasingly automated and with the Legal Risk and Compliance team in order to build, test and monitor controls and risks. Stake super is its own entity within the Stake group.

You will be joining our high-performing Finance team who enables and supports our Australia, New Zealand, India and Brazil operations during an exciting hyper-growth phase. Opportunity to work in a truly customer-centric environment where innovative and seamless products and services are evolving the way Australians and Kiwis invest. 

Further responsibilities include:

  • Entity GL & month-end ownership — Maintain the Stake Super legal-entity general ledger; prepare and post entity month-end journals (accruals, prepayments, intercompany, tax), and deliver a reconciled entity P&L and balance sheet pack with evidence and commentary.
  • Revenue recognition policy — Develop, document and own Stake Super’s entity-level revenue recognition policy. Translate policy into clear operational rules, journal treatments, disclosures and testing procedures as well as using them as a tool to input in to product design; update policies as new products/features are introduced.
  • Entity-level controls for client monies — Partner with the Stake Super Operations team and the Finance Operations Team to design, implement and test controls that safeguard client monies and ensure segregation of funds, appropriate banking/custody structures, authorised payment flows and access controls. 
  • Automation & process improvement — Identify manual close/controls steps (client-money reconciliations, revenue allocations, intercompany matching) and own the requirement specification for automation — working with Finance Ops, Data and Engineering to implement reconciliation tooling that reduces risk and manual effort.
  • Business partnering & governance — Act as a finance point of contact for GM — Stake Super and Ops on accounting, controls and policy matters. Educate operational teams on control evidence requirements and operationalise finance acceptance criteria for single source of truth items relevant to Stake Super.
  • Statutory accounts & audit — Prepare annual financial statements for the entity and lead audit preparation and responses.
  • Regulatory reporting & evidence — Provide finance inputs and evidenced submissions for regulatory reporting. Maintain audit trails and be able to evidence client-money controls and revenue recognition to auditors and regulators.
A bit about you
  • 3+ years professional accounting experience focused on month-end, statutory reporting and reconciliations; prior responsibility for a legal entity strongly preferred.
  • Hands-on experience preparing statutory financial statements and supporting audits at entity level.
  • Experience with entity tax lodgements and an understanding of regulatory reporting obligations relevant to superannuation/financial services is highly desirable.
  • Strong technical accounting skills (journals, accruals, intercompany, cut-off) and demonstrable reconciliation capability.
  • Proficiency in Excel and financial systems; experience scripting (SQL/Python) advantageous.
  • Excellent stakeholder skills — able to liaise confidently with the GM, auditors, tax advisors and Finance leadership.
  • Audit-minded, highly organised and comfortable owning end-to-end entity accounting.

At Stake, we’re more interested in your attitude than your resume. If you believe this is a role you want to jump into, please apply and let us know why in your cover letter!

Benefits of working at Stake

You’ll have the opportunity to work with autonomy while learning from some of the best talent in the industry, playing a meaningful role in building a company that has loads of positive momentum and excitement around it. Having said that, we also have perks.

Please see on our Careers website the list of benefits under our Grow with Stake program. They include:

  • Career relevant development and training with professional development allowance
  • Up to 16 weeks of paid parental leave
  • Childcare allowance
  • Sonder - healthcare, safety support and EAP for you and your immediate family
  • Additional leave types (Swap days, Bear Days, TOIL, Compassionate, Sorry Business)
  • Employee Share Options scheme for senior leaders
  • Stake products: SMSF 30% discount on yearly membership fee, $295 AUD annual trading credit and Stake Black account
  • Recognition awards and team celebrations
  • Discretionary performance bonus and talent referral bonus

Stake is an equal opportunity employer that values diversity. We’re proactive about providing an inclusive work environment and do not discriminate based on race, religion, nationality, gender, sexual orientation, age or disability status. We’re also endorsed by WORK180 as a great employer for women. 

It all comes together to explain why Stake placed 1st in the 2024 AFR BOSS Best Places to Work list for the Banking, Superannuation & Financial Services category, across all of Australia and New Zealand.

So what happens next?

Once we've received your application, we'll give it the attention it deserves and you'll hear from us either way. We’re committed to responding to every applicant. If we think you’d be a good addition to our team, we’ll give you a call and from there, you'll cruise through our recruitment process.

To all recruitment agencies: Stake does not accept agency resumes. Please do not forward resumes to our jobs alias or directly to Stake employees. Stake is not responsible for any fees related to unsolicited resumes.

Top Skills

Excel
Python
SQL
HQ

Stake Sydney, New South Wales, AUS Office

Sydney, New South Wales, Australia, 2022

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