Business Controller at Remitly

Manila, Metro Manila, Philippines

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

Requirements

  • Bachelor's degree in Finance, Accounting or related area
  • Minimum of 3 years’ experience in financial reporting, planning, and analysis (revenue, cost, expense); with actual experience in budgeting and providing commentaries
  • Strong analytical skills, a self-starter with "can do" mentality; quick learner in a complex and demanding environment
  • Excellent knowledge and understanding of financial and management accounting, process and systems
  • Affinity with large and complex international working environment; ability to travel occasionally
  • Commercial and organizational awareness, ideally in a comparable industry
  • Good communication skills
  • Experience working independently to deliver initiatives and objectives
  • Demonstrate competency within financial accounting, with advanced technical expertise and understanding of internal controls
  • Be comfortable navigating a complex and demanding, highly-matrixed environment
  • Demonstrate advanced management reporting and analysis capability, with experience owning business unit process
  • Experience planning, budgeting, forecasting and creating comprehensive reporting decks
  • Be a self-starting, adaptable learner with a can-do mentality

Responsibilities

  • Handling management reporting for actuals and budgets/forecasts, including variance analysis and commentaries
  • Developing and optimizing the financial reporting tools within CoE and BDS
  • Supporting as the CoE liaison person for Finance projects within Elsevier, delivering process improvements within the Finance and Non-Finance community
  • Ensuring that senior management’s priority information requirements are delivered and "operationalized" on a timely basis
  • Owning the planning, budgeting and forecasting process systems, continuously improving the capabilities in cross-functional collaboration with various stakeholders
  • Designing, developing and maintaining business case models, providing financial inputs for business case or analysis of strategic/operational initiatives
  • Ensuring quality and compatibility of data in multiple systems, responsible for user acceptance testing
  • Maintaining a broad view of Revenue Accounting and manage interactions with stakeholders internally and externally
  • Providing and interpreting financial information for Sales and Revenue or Costs and supporting the Business Decision Support (BDS) organisation in analysing and monitoring trends
  • Being the Subject Matter Expert for key systems and models within the CoE Sales & Revenue or the CoE Costs
  • Interpreting actuals, forecast and budget data and providing commentaries and insight
  • Providing insights and recommendations to the management team
  • Working closely with the Financial Director and the BDS Business Controllers to drive the company's financial success and growth

Skills

Financial Analysis
Management Reporting
Variance Analysis
Budgeting
Forecasting
Financial Modeling
User Acceptance Testing
Revenue Accounting
Management Accounting

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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