FPR&A Partner I at Remitly

Malaysia

Remitly Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Legal Tech, Professional Services, Information AnalyticsIndustries

Requirements

  • Strong knowledge of financial analysis techniques, forecasting, budgeting, and financial modelling
  • Solid understanding of accounting principles
  • Proficiency in financial software applications, ERP systems and advanced MS Excel skills
  • Excellent analytical, problem-solving, and critical thinking abilities
  • Strong communication and presentation skills, with the ability to effectively convey complex financial concepts to non-financial stakeholders
  • Ability to work independently (and as part of a team), manage multiple priorities, and meet deadlines in a fast-paced matrix environment

Responsibilities

  • Perform comprehensive financial analysis, including variance analysis, trend analysis, and forecasting, to provide insights and commentary on financial trends and risks especially in relation to revenue and associated metrics, cost of sales, operating expenses, FTEs, and capital
  • Collaborate with local stakeholders (especially sales) to develop accurate and timely budgets and forecasts, considering market dynamics, business objectives and growth opportunities
  • Provide financial insights, recommendations, and scenario analysis to support strategic initiatives, investment decisions and business planning using data
  • Prepare regular and ad-hoc management reports, dashboards and presentations for senior management including Weekly Sales Reviews, Monthly Reporting & Budget decks. Take responsibility for local maintenance and restatement processes
  • Continuously evaluate and innovatively enhance/automate financial processes, tools, and methodologies to streamline operations, improve efficiency, and ensure accuracy in financial analysis and reporting. Work closely with other FPA peers and corporate teams to align and share best-practice. Responsible for working with the local Finance Director on the roll out/implementation of new systems and Global Finance Projects at the local level, including actively participating in UAT
  • Collaborate effectively with cross-functional teams, regional finance teams, and senior management to establish strong working relationships, influence decision-making, and drive financial performance. This includes working closely with REPH accounting team and GOTC Fulfilment teams to ensure accurate month end close and reporting of actuals
  • Consolidation and analysis of management reporting for the APAC region including pitch generation for senior leadership during month end, budget and forecast cycles, and co-ordination of weekly sales review processes
  • Key liaison with Global Reporting and Analysis team and functions such as HR, Legal, Finance, MLex, RTIS and GTO as well as local APAC Corporate functions
  • Share best practice, templates, timetables, and guidance with the Finance Directors, Financial Planning & Analysis Operations Director APAC and the FPA Analyst team
  • Constructively challenge the local business units on monthly and weekly revenue, cost, workforce, and capital tracking, reporting and analysis. Commentary on expense variance vs last periods and forecasts, and ad-hoc analysis as required

Skills

Financial Analysis
Variance Analysis
Trend Analysis
Forecasting
Budgeting
MS Excel
Management Reporting
Financial Systems

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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