Revenue Accountant I at Remitly

Lake Country, British Columbia, Canada

Remitly Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

  • College or university degree or the equivalent work experience
  • Exposure to fundamental theories, principles, and concepts of accounting
  • Functional Knowledge: Conceptual knowledge of theories, practices, and procedures within a job discipline
  • Business Expertise: General knowledge of business developed through education or past experience
  • Interpersonal Skills: Exchanges straightforward information, asks questions and checks for understanding
  • Problem Solving: Solves routine problems using existing procedures and standard practices

Responsibilities

  • Preparing, recording, analyzing, and reporting accounting transactions
  • Maintaining and reconciling ledger accounts
  • Preparing financial statements (balance sheets, profit-and-loss statements, capital expenditure schedules)
  • Ensuring the integrity of accounting records
  • Providing financial support (forecasting, budgeting, analyzing variations from budget)
  • Conducting or assisting in the documentation of accounting projects
  • Ensuring statutory, tax, and legal compliance
  • Managing cash management, treasury, and internal controls
  • Ensuring that all account reconciliations, SOX Controls, Accounting Controls, and Compliance requirements are met and delivered in accordance with company standards and timelines
  • Contributing to the efficient and effective processing of General Ledger transactions and the close process

Skills

Account Reconciliation
Ledger Accounts
Financial Statements
Balance Sheets
Profit and Loss Statements
Capital Expenditure Schedules
Budgeting
Forecasting
Cash Management
Treasury
Internal Controls

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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