Senior Accountant

Job Description:

to follow About the role:

Remitly's Order to Cash Accounting team owns the accounting for the flows that move our business - accounts receivable, customer liability, revenue, and cash. Every one of those balances is built on the Reconciliation Program, which ensures the accuracy and completeness of hundreds of millions of events annually. The Senior Accountant – OTC will lead efforts to enhance those processes and unlock value creation opportunities across the program. As an individual contributor on the OTC Accounting team, you will own the topside adjustment process - determining, supporting, and posting the manual entries required to true up the general ledger against partner statements. You will also own the revenue reasonableness workflow, rebate revenue accounting, and the recurring cost basis review, and will use Alteryx workflows for ledger reconciliation. Alongside this, you will partner with our Reconciliation Operations team, Data Engineering, and other stakeholders to drive systematic resolution, while owning the assessment and communication of the financial statement impact.

You Will:

Report to the Accounting Manager

Own the topside adjustment process end to end: identify required adjustments, calculate amounts, prepare and post journal entries with full support and a clear audit trail

Own the revenue reasonableness workflow, investigating and explaining variances between expected and recorded revenue

Own rebate revenue accounting - calculate, record, and substantiate rebate revenue and related accruals, validating inputs against partner agreements

Perform the recurring cost basis review, investigating variances and documenting conclusions

Build, run, and improve Alteryx workflows supporting ledger reconciliation, troubleshooting failures and updating logic as source data changes

Reduce reliance on topside entries over time by tracing recurring adjustments to their upstream root cause and driving systematic fixes, partnering with Reconciliation Operations, Data Engineering, and other stakeholders

Become an expert on the flow of data and events from our upstream systems to our financial systems, and own the assessment and communication of the financial statement impact of open exceptions

Deliver month-end close requirements on deadline, including reconciliations, topside entries, and balance sheet substantiation for assigned accounts

Streamline processes by utilizing AI tools available, and support technical research and testing for new projects

Ensure internal controls and procedures are documented, followed, and audit-ready, updating them as new products, partners, and payment rails launch

Support ad hoc financial information requests, audit requests, analyses, and other special projects as assigned

You Have:

Bachelor's degree in accounting, finance, or information technology and 3+ years of experience

Knowledge and a working understanding of US GAAP

Experience preparing and supporting journal entries, including manual or topside adjustments, with audit-ready documentation

Experience analyzing and working with large datasets

Experience with data quality and integrity principles and practices

Proficiency in SQL and advanced Excel

Strong written communication - able to explain a technical break and its accounting impact to non-technical stakeholders

High English fluency

Our Benefits:

Rice Allowance Transportation Allowance Paid Vacation Medical, Dental & Vision Accident and Life Insurance Employee Stock Purchase Plan (ESPP) Mental Health & Family Forming Benefits

Our Connected Work Culture: Driving Innovation, Together At Remitly, we believe that true innovation sparks when we come together. Our Connected Work Culture fosters dynamic in-person collaboration, where ideas ignite and challenging problems find solutions faster.

Under the Company's current hybrid-work expectations, employees in this position work onsite Tuesday through Thursday each week. Additional onsite attendance may be required based on business needs, and the Company may modify its hybrid-work expectations from time to time. These intentional in-office moments are vital for deepening relationships, fueling creativity, and ensuring your impact is felt where it matters most.

Remitly is an E-Verify Employer

At Remitly, we are dedicated to ensuring that our workplace offers equal employment opportunities to all employees and candidates, in full compliance with applicable laws and regulations.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.