Operational Accounting Analyst

Canada

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Requirements

Candidates should possess a strong understanding of accounting principles and experience in accounting operations, preferably within fintech. The role requires the ability to work with data, systems, and cross-functional teams, including engineering and product. Experience with reconciliation processes and ERP systems is essential, along with a proactive approach to problem-solving and process improvement.

Responsibilities

The Operational Accounting Analyst will be responsible for the end-to-end accounting and reconciliation of customer funds, including recording journal entries, reconciling balances, and managing trust accounts. This includes investigating discrepancies, partnering with internal and external stakeholders to resolve issues, and ensuring audit-ready documentation. The analyst will also play a key role in identifying root causes of exceptions, collaborating on fixes, and defining accounting logic for new products and features.

Skills

Accounting

Reconciliation

Journal Entries

ERP

Modern Treasury

Data Analysis

Financial Reporting

Compliance

Audit Readiness

Plooto

Payment automation platform for businesses

About Plooto

Plooto offers a payment automation platform that helps businesses manage their payable and receivable workflows more efficiently. The platform connects with popular accounting software like QuickBooks, Xero, and NetSuite, allowing for automatic reconciliation of invoices. This integration simplifies financial processes, making it easier for businesses to handle payments at scale. Unlike many competitors, Plooto provides a comprehensive solution that combines various payment capabilities in one platform. The goal of Plooto is to empower businesses to streamline their financial operations and support their growth by making payment management easier.

Toronto, CanadaHeadquarters

2015Year Founded

$28.2MTotal Funding

SERIES_BCompany Stage

Fintech, Financial ServicesIndustries

51-200Employees

Risks

Increased competition in payment automation could threaten Plooto's market share.

Economic downturns may reduce SMB spending on Plooto's subscription services.

Plooto's reliance on third-party integrations poses risks if partners change their platforms.

Differentiation

Plooto offers seamless integration with QuickBooks, Xero, and NetSuite for automatic reconciliation.

Plooto's dual controls and single sign-on enhance security for scaling businesses.

Plooto provides a unique all-in-one payment automation solution for Canadian midsize enterprises.

Upsides

Plooto's recent $20M Series B funding supports its growth and platform enhancement.

The rise of remote work boosts demand for Plooto's cloud-based financial solutions.

Embedded finance trends offer Plooto opportunities to expand its market reach.

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