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Remitly

Senior Manager, Technical Accounting and New Initiatives

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Seattle, WA
144K-170K Annually
Senior level
Seattle, WA
144K-170K Annually
Senior level
The role involves providing US GAAP accounting expertise for new initiatives, collaborating with business teams, and ensuring compliance with accounting standards and regulations.
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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:

  • 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.

You Have:

  • 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.

Compensation Details. The starting base salary range for this position is typically $144,000 - $170,000. 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.

#LI-Hybrid

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

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.

Top Skills

Asc 606
Asc 718
Asc 830
Us Gaap
HQ

Remitly Seattle, Washington, USA Office

Remitly's office is in the heart of downtown Seattle. Situated near tons of bars and restaurants, with easy access to public transport, it's an ideal location

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