Junior Statutory Accountant at Remitly

Lake Country, British Columbia, Canada

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Not specified

Responsibilities

Analyzing financial transactions to ensure compliance on local regulations and RELX accounting policies and practices, IFRS and generally accepted accounting principles
Provide resolution on outstanding accounting queries
Involved in SOX activities (Planning, Testing and Remediation) in close working relationship with the SOX champions
Preparation of local regulatory filing requirements and financial statements for statutory reporting for in-scope entities
Preparation of Statutory financial statements including its disclosure notes (Balance Sheet, P/L, Cashflow, Changes in Equity and notes to disclosure)
Supporting tax agents in arriving at the Corporate Income Tax (CIT) packages and performing review thereof
Preparation of Management reports such as monthly reporting of trial balance analytical review including exposures summary, account reconciliation status and account reconciliation reviews
Support in completion of ad-hoc projects, process improvements, automation across the business

Skills

IFRS

GAAP

SOX

Transfer Pricing

Statutory Audits

Record to Report

Financial Analysis

Compliance Reporting

Audit Coordination

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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