Senior Finance Manager at Remitly

Beijing, Beijing, China

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, ScienceIndustries

Requirements

Undergraduate degree in Accounting, Finance, Business Administration or related field required; MBA and/or certifications, i.e. CIMA, CFA or CPA preferred or equivalent
10+ years demonstrated successful and progressive financial analysis and reporting experience, preferably within large organisations with complex products & solutions
Fluency in English
Demonstrable experience of driving strategy and planning initiatives
Advanced computer skills including spreadsheets, query and databases with in-depth u

Responsibilities

Monthly Reporting: Delivered on time and to a high standard, providing insightful variance analysis to both latest forecast/Budget and prior year enabling both regional reporting and local understanding including effective management of revenue and/or cost variances
Budgeting/Reforecasting: Manage quarterly process ensuring enough time for local review without over-extending. Working with the APAC region ensuring two-way understanding of market dynamics, targeting and management of regional risks and opportunities
Decision Support: Provide insight and challenge to senior management ensuring risks are fully understood and mitigated where possible and likewise opportunities are highlighted and pursued
Sustainable Revenue Growth: Supporting the Go to Market teams (in alignment with sales operations) across pricing, deal terms, targeting, sales compensation, territory planning etc
Operational Effectiveness: Continually evaluate the deployment of resources and how they align with organizational priorities, proposing changes where relevant. Champion AI tools internally, including assessing productivity gains and potential for resource redeployment
Financial governance and effective control: Close collaboration with Global Finance Shared Services and Centres of Excellence to ensure appropriate control environments are in place, including systems/procedures outside of finance e.g. Sales. Liaise with Internal and External Auditors as appropriate leading to clean audit reports
Liaison with wider Finance teams: Develop close relationships with other finance teams providing shared services as well as technology and operations support ensuring the finance needs of the Greater China team and business are met holistically
Cross-Functional Collaboration: Collaborate with cross-functional teams, e.g. product and technology to ensure successful execution and scaling of initiatives
People Development: As well as managing a direct team member, as a key member of the Greater China management team, identify and nurture talent helping individuals towards achieving their own individual career goals
Stakeholder Communication: Communicate performance, insights, and recommendations to senior leadership, ensuring transparency and alignment across the wider organization

Skills

Key technologies and capabilities for this role

Financial ReportingVariance AnalysisBudgetingForecastingReforecastingFinancial Decision SupportRisk ManagementRevenue Growth

Questions & Answers

Common questions about this position

What is the salary or compensation for the Senior Finance Manager role?

This information is not specified in the job description.

Is this Senior Finance Manager position remote or does it require office presence?

This information is not specified in the job description.

What key skills are required for the Senior Finance Manager role?

Key skills include delivering high-standard monthly reporting with variance analysis, managing budgeting and reforecasting processes, providing decision support to senior management, supporting sustainable revenue growth, and ensuring financial governance and controls.

What is the team structure like for this Senior Finance Manager position?

The role partners with the President, Greater China, and their wider team, reporting to the CFO of Academic & Government, with close liaison to the Finance Director Corporate Markets and VP Finance Health Markets, and collaboration with APAC region and global finance teams.

What makes a strong candidate for the Senior Finance Manager role at Elsevier?

A strong candidate is talented and strategic, capable of providing financial decision support and governance for a $400m growing business, with experience in monthly reporting, budgeting, decision support, revenue growth initiatives, operational effectiveness, and cross-functional collaboration.

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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