Financial Analyst II (Hybrid) at Remitly

Alpharetta, Georgia, United States

Remitly Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Risk ManagementIndustries

Requirements

  • Experience with Microsoft Excel and PowerPoint
  • Knowledge of Hyperion is preferred
  • Strong technical analytical skills, including trend, variance, and profitability analysis
  • Knowledge of accounting policies and standards for revenue/cost and management accounting techniques is preferred
  • Bachelor's degree in applicable field highly preferred

Responsibilities

  • Create and update labor reports for month-end reporting and insights into labor expenses
  • Monthly roster reporting, tracking movements month over month
  • Work with financial models to predict future labor outcomes and assess the financial impact of those outcomes
  • Conduct financial analysis by examining operational and financial data to gain insights into business performance and trends
  • Create reports and dashboards using Excel and Dodeca to enable well-informed decision-making
  • Assist business units with their Budget and Forecasts by providing analysis and technical know-how in Oracle Fusion
  • Develop and maintain best practices while seeking improvements in models and system mechanics, collaborating with departments to gather requirements and value-add opportunities
  • Conduct thorough analysis of variances by comparing actual results with forecasts and budgets, pinpointing disparities, and offering detailed explanations
  • Work closely with decision support teams, Workday team, and other stakeholders to provide financial insights and support strategic planning efforts
  • Present findings and recommendations to department leaders

Skills

Excel
Dodeca
Oracle Fusion
Financial Modeling
Budgeting
Forecasting
Financial Analysis
Month-End Reporting
Labor Reporting

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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