Accounting Analyst II at Remitly

Manila, Metro Manila, Philippines

Remitly Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
FinanceIndustries

Requirements

  • Developing professional role with working knowledge in own discipline
  • Solves a range of routine problems
  • Demonstrates some proficiency with concepts and processes
  • Analyzes possible solutions using standard procedures
  • Receives a moderate level of guidance and direction from more senior level roles

Responsibilities

  • Performs general accounting activities, including the preparation, maintenance and reconciliation of ledger accounts and financial statements such as balance sheets, profit-and-loss statements and capital expenditure schedules
  • Prepares, records, analyzes and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles
  • Provides financial support, including forecasting, budgeting and analyzing variations from budget
  • Analyzes and prepares statutory accounts, financial statements and reports
  • Conducts or assists in the documentation of accounting projects

Skills

Key technologies and capabilities for this role

Account ReconciliationGeneral LedgerFinancial StatementsBalance SheetP&L StatementsCapital Expenditure SchedulesBudgetingForecastingVariance AnalysisStatutory Accounts

Questions & Answers

Common questions about this position

What is the employment type for this Accounting Analyst II position?

This is a full-time position.

What are the main responsibilities of the Accounting Analyst II role?

The role involves performing general accounting activities like preparing and reconciling ledger accounts and financial statements, recording and analyzing transactions, ensuring compliance, providing financial support with forecasting and budgeting, and analyzing statutory accounts.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What level of experience or proficiency is required for this role?

This is a developing professional role requiring working knowledge in accounting, proficiency with concepts and processes, ability to solve routine problems using standard procedures, and receiving moderate guidance from senior roles.

Is this position remote or does it require office work?

This information is not specified in the job description.

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters
2011Year Founded
$423.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend
Office Culture
Flexible PTO, Schedules and Leaves
DEI Learning Opportunities
Community Engagement
Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.
AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.
Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.
The company leverages technology for a seamless user experience via its app and website.
Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.
AI agents in operations could reduce costs and improve Remitly's efficiency.
Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

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