Senior Transaction Reconciliation And Treasury Manager

Overview

BukuWarung is SEA’s fastest growing startup and we are building the digital infrastructure for 60 million MSMEs in Indonesia, enabling them to efficiently manage and grow their business, starting with digital bookkeeping, online storefront & payments. BukuWarung’s vision is to empower 60 million MSMEs in Indonesia to become financially aware and enable them to manage and grow their business using technology.

BukuWarung is backed by top tier VCs globally: Peter Thiel’s Valar Ventures, Goodwater Capital, Y-Combinator, AC Ventures, Quona Capital, East Ventures, Golden Gate Ventures, Rocketship.vc, Tanglin Venture Partners and strategic angel investors from Stripe, PayPal, Plaid, Grab, Gojek, Facebook, AirBnB, Fast, Mastercard etc.

• As the Senior Transaction Reconciliation and Treasury Manager, you will be responsible for overseeing the entire process of recording, receiving, and disbursing funds from both domestic remittance transactions and peer-to-peer lending activities in line with our business workflow. You will ensure accuracy and consistency in the records and take corrective action when discrepancies are identified

Key Responsibilities:

• Coordinate with relevant departments to resolve issues that may arise during the reconciliation process for both domestic remittances and P2P lending
• Oversee investments and manage relationships with financial institutions to maximize returns while minimizing risks
• Manage communication with partners and service providers to ensure information availability and prompt issue resolution for both business segments
• Review and analyze reconciliation reports regularly to identify potential issues and formulate improvement actions for both segments
• Manage liquidity and optimize cash flow by closely monitoring daily cash positions, forecasting funding requirements, and making informed decisions to support operational needs
• Ensure accurate recording of all domestic remittance transactions and peer-to-peer lending activities in compliance with internal guidelines and applicable regulations
• Supervise the reconciliation team and treasury operations to ensure effective execution of tasks
• Contribute to the development and implementation of policies and procedures to enhance the quality of the reconciliation process and treasury operations
• Develop, implement, and oversee efficient and effective reconciliation processes to ensure smooth business operations for both the remittance and lending divisions
• Collaborate with senior management to define and execute strategic financial plans aligned with the company's growth objectives
• Monitor market trends, economic conditions, and regulatory changes to assess potential impacts on the company's financial position and provide strategic recommendations
• Oversee the handling of fund reversals, risk assessment, and other related matters for both domestic remittance and lending operations

Qualifications and Experience

• Excellent communication skills and ability to coordinate with various internal and external stakeholders
• Knowledge of relevant rules and regulations in the fintech industry
• In-depth understanding of the processes and business workflow in the fintech industry, especially in domestic remittance
• High level of accuracy and attention to detail in reconciliation and problem-solving
• Experience in team management and strong leadership skills
• Minimum of 7-9 years of experience in transaction reconciliation, particularly within fintech companies or similar industries
• Strong analytical skills and ability to work with large-scale transactional data
• Bachelor's degree in finance, accounting, or related fields

If this sounds like you, please apply!