Business Controller at Remitly

Manila, Metro Manila, Philippines

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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

Key technologies and capabilities for this role

Financial AnalysisManagement ReportingVariance AnalysisBudgetingForecastingFinancial ModelingUser Acceptance TestingRevenue AccountingManagement Accounting

Questions & Answers

Common questions about this position

What experience is required for the Business Controller role?

A Bachelor's degree in Finance, Accounting or related area is required, along with a minimum of 3 years’ experience in financial reporting, planning, and analysis (revenue, cost, expense), including budgeting and providing commentaries.

What key skills are needed for this position?

Candidates need strong analytical skills, excellent knowledge of financial and management accounting, processes and systems, advanced management reporting and analysis capability, and the ability to work independently in a complex, matrixed environment.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What kind of candidate stands out for this Business Controller position?

A self-starting, adaptable learner with a 'can-do' mentality, strong analytical skills, advanced expertise in financial accounting and internal controls, and experience navigating complex matrixed environments will be a strong fit.

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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