What are the responsibilities and job description for the Senior Manager, Technical Accounting and New Initiatives position at Remitly?
Job Description
Remitly’s vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.
About The Role
We're searching for a knowledgeable problem-solver to join Remitly's finance team, to provide deep US GAAP technical accounting expertise for new initiatives. We are looking for someone who is excited to solve complex problems in a high-impact role with an opportunity to make a difference at a high-growth mission-focused company.
You will report to our Director of Technical Accounting & New Initiatives and work across our global accounting team, teaming with our business partners to solve complex accounting issues and provide solutions to support our ability to operationalize accounting requirements for new initiatives and strategic projects. You will be based in Seattle, Washington and will work a hybrid schedule from our downtown headquarters.
Sample projects could include: revenue recognition for new services and initiatives, acquisitions and integrations, foreign currency analysis, share-based compensation, segment reporting, and implementation of new accounting standards.
You Will
Our Benefits
Remitly is an E-Verify Employer
Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Remitly’s vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.
About The Role
We're searching for a knowledgeable problem-solver to join Remitly's finance team, to provide deep US GAAP technical accounting expertise for new initiatives. We are looking for someone who is excited to solve complex problems in a high-impact role with an opportunity to make a difference at a high-growth mission-focused company.
You will report to our Director of Technical Accounting & New Initiatives and work across our global accounting team, teaming with our business partners to solve complex accounting issues and provide solutions to support our ability to operationalize accounting requirements for new initiatives and strategic projects. You will be based in Seattle, Washington and will work a hybrid schedule from our downtown headquarters.
Sample projects could include: revenue recognition for new services and initiatives, acquisitions and integrations, foreign currency analysis, share-based compensation, segment reporting, and implementation of new accounting standards.
You Will
- Identify and assess the accounting for new initiatives and other strategic projects, including items such as: new products, new geographies, mergers & acquisitions, investments, share-based compensation, derivatives, segments.
- Partner with business teams to review contracts and proposed initiatives to evaluate the accounting impact and provide strategic recommendations to enable business decisions.
- Support the research, analysis, and conclusions for complex technical accounting issues, including the preparation of accounting memos and policies.
- Support our accounting operations teams to ensure appropriate application of US GAAP (and local statutory reporting) to our accounting processes, including the enhancement of existing policies related to higher-risk financial statement accounts.
- Monitor and implement new accounting standards and SEC regulation.
- Ensure operating effectiveness of controls over financial reporting related to the above projects.
- Support cross-functional finance projects to operationalize new initiatives.
- Enjoy analyzing complex accounting topics (typically under US GAAP) and partnering with cross-functional internal stakeholders to make an impact. Expertise in areas such as ASC 606 - Revenue Recognition, ASC 718 - Stock Compensation, and ASC 830 - Foreign Currency Matters will be key to success in this role.
- Able to provide real-time strategic accounting assessments during meetings and communications with business partners based on deep expertise in US GAAP principles.
- Proficient in writing analytical accounting whitepapers/memos to support positions.
- Excellent project management skills, including prioritization and responsiveness.
- The ability to remain agile to changing and growing business needs.
- Experience delivering BOTH executive-level communications and communications with non-accountants to execute a common goal.
- A bachelor's degree in accounting, business, or finance, or equivalent experience, and 8 years of professional experience in an accounting or similar role.
- Public accounting experience (3 years) is highly preferred.
- Public company experience in a similar role is highly preferred.
- CPA required.
Our Benefits
- Flexible paid time off
- Health, dental, and vision 401k plan with company matching
- Paid parental, medical, military and family care leave
- Mental Health & Family Forming Benefits
- Employee Stock Purchase Plan (ESPP)
- Continuing education and travel benefits
Remitly is an E-Verify Employer
Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Salary : $144,000 - $170,000