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Senior Manager, Accounting - Revenue



Accounting & Finance
Seattle, WA, USA
Posted on Wednesday, June 26, 2024

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:

The Senior Accounting Manager, Revenue will report to the Director of Accounting and is responsible for overseeing the order-to-cash (OTC) accounting operations and driving the automation of related processes. This role requires a deep understanding of revenue recognition principles, balance sheet reconciliation principles, strong systematic and analytical skills, and the ability to manage and optimize OTC accounting processes. The candidate is proactive, detail-oriented, process improvement minded, and capable of leading a global team to achieve high standards of accuracy and efficiency.

You Will:

  • Oversee and manage the OTC accounting function, ensuring compliance with US GAAP and SOX
  • Ensure timely and accurate monthly, quarterly, and annual financial close processes, including compliance with internal controls and audit deliverables
  • Implement and optimize OTC accounting policies and procedures, including but not limited to revenue recognition, fx, cash, accounts receivable, customer funds liability, loss reserves, and deferred revenue
  • Partner with Technical Accounting and FP&A to review and analyze revenue contracts and results to ensure proper revenue recognition
  • Lead the implementation of small-scale automated accounting solutions, as well as writing requirements for and testing of a large custom-built financial ledger system
  • Manage a global team across multiple time zones to ensure that the team is engaged and aligned with leadership's vision and goals

You Have:

  • Bachelor's degree, CPA required, and 7+ years of experience in Accounting, with minimum 3 years in Public Accounting required
  • Proven experience in automating accounting processes and implementing accounting systems
  • Strong knowledge of US GAAP, revenue recognition and foreign currency standards
  • Experience managing teams across multiple time zones with minimum overlap
  • Strong track record of not only developing and driving high-level strategic initiatives, but also sweating the details alongside the team to get the job done
  • Experience launching new accounting initiatives from ideation through scale

Compensation Details. The starting base salary range for this position is typically $128,000 - $160,000. In the U.S., Remitly employees are shareholders in our Company and equity is part of our total compensation plan. Your recruiter can share more information about medical benefits offered, as well as other financial benefits and total compensation components offered with this role.

Our Benefits:

  • Flexible paid time off
  • Health, dental, and vision benefits + 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 corridor travel benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman’s potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

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.