[Remote] Senior Accountant at Plooto

Canada

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

FintechIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or a related field
3+ years of experience in operational accounting, reconciliation, payment operations, or related roles
Familiarity with high-volume transaction environments and reconciliation tools (Modern Treasury experience a plus)
Strong working knowledge

Responsibilities

Own end-to-end accounting and reconciliation of customer funds across payment processors, banks, and internal systems, ensuring documentation meets accounting policy and audit standards
Record daily journal entries in the ERP reflecting trust-related receivables, payables, liabilities, and cash positions
Ensure ERP balances are reconciled and fully supported by transaction-level data from Modern Treasury
Maintain and reconcile Due To / Due From accounts between trust and corporate ledgers, ensuring clear, accurate, and auditable separation between corporate and trust funds
Implement process improvements to reduce manual processes and exception handling
Investigate transaction exceptions (e.g. failed settlements, chargebacks, duplicate payments) flagged in Modern Treasury
Identify appropriate resolution paths and partner with internal and external stakeholders on resolution
Serve as the accounting subject-matter expert for new product offerings, ensuring reconciliation processes, accounting treatment, and controls are designed and implemented to support scalability and accuracy
Support internal knowledge sharing with clear documentation of exception types, resolution flows, and accounting logic
Prepare and present updates to leadership on exception volumes, resolution SLAs, and systemic improvements
Contribute to financial and regulatory audits by ensuring trust-related documentation is accurate, complete, and up to date
Recording journal entries related to customer fund flows in the ERP
Investigating reconciliation discrepancies flagged by Modern Treasury
Partnering cross-functionally with Product, Engineering, banks, and processors to identify root causes and implement long-term fixes
Leading the design and implementation of accounting logic for new products and features to ensure accurate and scalable reconciliation and reporting
Each month, close the trust books, reconcile due to/from corporate accounts, and report on payment losses and recoveries

Skills

Journal Entries

Account Reconciliation

ERP

Modern Treasury

Trust Accounting

Financial Reporting

Cross-functional Collaboration

Accounting Logic Design

Audit Compliance

Data Analysis

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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