The Team: 

Upstart’s Accounting Operations team supports the company’s growth through accurate financial reporting, strong controls, and scalable accounting processes. We partner across Finance and the business to translate complex transactions into reliable accounting and timely financial results.

The Role

As a Lead Accountant, Capital Markets, you will own key accounting processes supporting Upstart’s structured products, derivatives, and loan sale and funding activities.

You will serve as a dedicated accounting partner to Capital Markets and Analytics throughout the transaction lifecycle, from understanding new activity to completing month-end close. Working closely with Technical Accounting and Financial Reporting, you will help ensure transactions are accurately recorded, balances are supported, and accounting processes evolve with the business.

How you’ll make an impact

• Own month-end accounting for structured products and derivatives, including journal entries, reconciliations, supporting schedules, and balance analysis.
• Support accounting for loan sale and funding activities, ensuring transactions, settlements, and related financing costs are accurately recorded.
• Partner with Capital Markets and Analytics throughout the month to understand transaction activity, investigate discrepancies, and ensure timely and complete accounting.
• Coordinate with internal partners on valuation inputs and outputs, reconcile related balances, and record appropriate accounting entries.
• Provide analyses and supporting documentation to Technical Accounting and Financial Reporting for accounting assessments, disclosures, and external audits.
• Help establish accounting workflows for new transactions and arrangements in partnership with cross-functional teams.
• Strengthen documentation, controls, and automation to support increasing transaction volume and complexity.

Minimum Qualifications 

• Bachelor’s degree in Accounting, Finance, or a related field.
• 6+ years of progressive accounting experience in financial services, lending, fintech, or public accounting serving financial services clients.
• Experience accounting for structured products and derivatives, including related valuations, reconciliations, and financial reporting.
• Experience with loan sale and funding activities, including transaction accounting, settlements, and related financing arrangements.
• Strong understanding of U.S. GAAP and demonstrated ability to independently own complex accounting processes and month-end close activities.
• Ability to evaluate new transactions in partnership with Technical Accounting and lead cross-functional issue resolution.
• Strong analytical skills, including the ability to investigate discrepancies, interpret transaction data, and clearly communicate accounting results.
• Strong Excel skills and experience working with large datasets.
• Demonstrated ability to manage competing priorities and deliver accurate, timely results with limited oversight.

Preferred Qualifications

• CPA or equivalent professional designation.
• Experience supporting financial reporting, external audits, and internal controls in a public company environment.
• Experience reviewing transaction documents and translating key terms into accounting processes.
• Experience leading process improvements, strengthening controls, and implementing automation.
• Experience with NetSuite, SQL, or other accounting and data analysis tools.

Position location This role is available in the following locations: Remote 

Time zone requirements The team operates on the East/West coast time zones. 

Travel requirements As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.

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