Financial Accountant

As a Financial Accountant at TransferMate, you will perform monthly bank reconciliations across multiple accounts, complete daily reconciliations, and maintain general ledger accounts. Additionally, you will work on reconciliation of control accounts like AP and AR, ensuring accuracy and investigating any discrepancies. You’ll also play a crucial role in collaborating with the wider finance team to ensure timely month-end closing activities and preparing ad-hoc financial reports. Your focus on compliance with internal controls and process improvements in reconciliation practices will be essential to your success in this role.

To qualify for the Financial Accountant position at TransferMate, candidates should hold a Bachelor’s degree in Accountancy, Finance, or a related field. Additionally, having 2 to 5 years of financial accounting experience, particularly within a global company, is beneficial. Proficiency in accounting software such as SAP, QuickBooks, or Xero is also essential, alongside strong analytical and organizational skills. Excellent attention to detail and the ability to meet tight deadlines will be key in ensuring the efficiency of financial processes.

At TransferMate, Financial Accountants enjoy a competitive annual leave policy, which increases with length of service. Additional benefits include remote working options and flexible working hours, maternity and paternity leave, and compassionate leave. As part of a company recognized as a Great Place to Work for nine consecutive years, you’ll be part of a supportive and inclusive culture that celebrates employee well-being and growth.

The Financial Accountant at TransferMate plays a vital role in supporting both internal and external audits related to reconciliations and ledger balances. You will prepare necessary documentation and collaborate with auditors to ensure accuracy and compliance with financial practices. Furthermore, maintaining detailed and organized records as part of your daily responsibilities will facilitate smoother audit processes, demonstrating TransferMate's commitment to transparency and integrity in financial reporting.

The working culture for a Financial Accountant at TransferMate is built around the core value of our #OneTeam ethos, which fosters mutual support, respect, and collaboration. As part of a diverse team that operates worldwide, you'll experience an inclusive environment where feedback is valued, and recognition for hard work is a part of the daily culture. The focus on employee well-being and professional development ensures that you will thrive while contributing to TransferMate's exciting journey in the fintech industry.

In your answer, emphasize your hands-on experience with bank reconciliations, highlighting specific software and methods you've used. Discuss how you ensure accuracy and completeness in your reconciliations and mention any tools or practices that help you catch discrepancies.

Discuss the importance of internal controls in your previous roles and specific steps you've taken to ensure compliance. Provide examples of how you've contributed to process improvements and the documentation you maintain to support internal audits.

Name the accounting software you have experience with, such as SAP, QuickBooks, or Xero. Explain how you’ve used these tools to streamline financial operations, enhance accuracy in reporting, or improve reconciliation processes.

Share a specific instance where you identified and resolved a discrepancy in accounts. Describe the steps you took, how you communicated with relevant stakeholders, and what the outcome was. This shows your analytical and problem-solving skills.

Explain your approach to prioritizing tasks effectively. Mention tools or methods you use to keep track of deadlines and ensure timely completion of reconciliations and reports while balancing other responsibilities.

Discuss the strategies you employ to ensure precision in financial reporting. This may include systematic checks, using reliable data sources, and collaborating with other departments for accurate records. Your answer should reflect your attention to detail.

Mention resources like accounting journals, webinars, and professional organizations that you follow to stay current. Discuss the importance of these updates and how you’ve implemented changes in your previous roles as regulations evolved.

Highlight your experiences working with other departments. Discuss how you foster communication and collaboration to ensure that financial data is accurate and aligns with the overall business objectives.

Provide a specific example of a process improvement initiative you led or participated in. Explain what changes were made, the rationale behind them, and how they positively impacted efficiency or accuracy within the financial team.

Craft a response that connects your career goals with TransferMate’s mission and values. Discuss what excites you about fintech, the opportunity for professional growth, and how you align with their cultural commitment to teamwork and excellence.