Job Vacancy

FinOps Associate (Based in Philippines)


This position is posted by Zhiyu
Job Position
FinOps Associate (Based in Philippines)
Job Duration
Permanent
Job Requirements

You should have met the following criteria: –

  • Accountancy diploma or degree is a good to have;
  • Work experience in a finance department
  • Good grasp of basic accounting knowledge and standards
  • Familiarity with Xero (or similar software) and MS office
  • Work experience in a shared services team is an advantage
  • Willing to work according to partial US business hours

Ideally, you would possess the following traits: –

  • Well organised, trustworthy, independent and meticulous
  • High level of willingness to learn and to expand skillset (fresh graduate welcomed)
  • Naturally proactive and have the ability to work independently
  • Good team player with good interpersonal and communication skills
  • A strong interest in accounting and payments work
  • Interest in international work exposure
  • Be efficient and well-organised
Scope of Work

Together, the Finance Team is responsible for the accounting and payments aspects of Lyte Ventures’ operations across all the countries where Lyte Ventures has a local presence.

The scope of work of this role is to: –

  • Prepare bank reconciliation
  • Prepare bank transactions for approval
  • Support product team in operations including transaction checking, reconciliation, data entry, customer support
  • Handle data entry, prepare manual journals, maintaining schedules and intercompany transactions
  • AP function which includes checking supplier invoices, recording and assisting in the payment process
  • AR function which includes invoicing and recording receipts
  • Sending statements to customers
  • Facilitating payments to customers
  • Responding to internal and external finance or customer queries
  • Assist with day-to-day operations
  • Other ad-hoc assignments and duties

This role will report to the Senior Accountant and FinOps Manager (based in Singapore, for the time being)

Lyte Ventures’ Finance Team carries out the following duties: –

  • Support business and product in operations for money flows, money management as well as maintaining banking infrastructure;
  • Ensure monthly income and expenses are booked timely, balance sheet items are monitored closely through journals preparations;
  • Perform month end close process, including the reconciliation and/or review of bank statements, fixed asset schedules, and other GL account reconciliations;
  • Ensure monthly audit schedules are prepared to be ready for variances commentaries, headquarter enquiries, reporting, audit and tax purposes;
  • Assist in statutory audit, tax reporting and ad-hoc special projects assigned from time to time;
  • Develop and maintain an understanding of the accounting operations within the organisation;
  • Perform monthly payroll process, including tax clearance for foreign employees and yearly tax return ;
  • Work with senior management and other departments to ensure proper accounting treatments of complex transactions;
  • Assist in the implementation of internal controls and accounting processes and procedures; and
  • Engagement with licensing authorities
Job Highlights

Working with us provides you the opportunity to: –

  • Learn through hands-on experience;
  • Adapt in a fast-paced team environment supporting other teams;
  • Work with Lyte Ventures’ team on corporate, commercial, technology, financial services, and intellectual property matters; and
  • Gain a better understanding of your interest and suitability with the fintech industry and in-house work.

We offer: –

  • Real responsibility from day one (maybe two);
  • Competitive compensation;
  • Employee benefits;
  • An open, collaborative community of learners;
  • Regular company and team events; and

Professional guidance and mentorship.

Job Application

Email your CV and cover letter to careers@lyteventures.com.