Senior Accountant

This is a remote position.

Position Summary

The Senior Accountant is responsible for the accuracy and integrity of the company's financial records, including loan portfolio accounting, revenue recognition on interest and fees, allowance for credit losses, and month-end closing. This role partners closely with Nowpay’s finance team and Tech / Products / and Operations teams.

The employee will also be involved in the Loan Operations to ensure accounting treatment aligns with IFRS and applicable regulatory requirements, and serves as a key contributor to external audits, internal controls, and process improvement initiatives.

Key Responsibilities

• Prepare and post journal entries - accruals, prepayments, payroll, depreciation and amortisation, provisions and intercompany charges - and review entries posted by Nowpay’s accounting team; perform account reconciliations and support schedules; ensure the general ledger is complete, accurate, and closed within established deadlines. Assists in the PO and PR process and budget tracking.
• Month-End & Period-End Close: Assists and reviews journal entries posted by Nowpay’s accounting team, account reconciliations, and support schedules; ensure the general ledger is complete, accurate, and closed within established deadlines. Assists in the PO and PR process and budget tracking
• Loan Portfolio Accounting: Accounting for loan originations, interest income, fee income, and amortization of premiums/discounts and Rewards; reconcile loan sub-ledgers to the general ledger.
• Allowance for Credit Losses: Support calculation, documentation, and journal entries for the ECL allowance, including charge-offs, recoveries, and roll-forward schedules.
• Financial Reporting: Prepare accurate financial statements and management reporting packages in accordance with IFRS; assist with variance analysis against budget and prior periods.
• Reconciliations: Perform and review bank reconciliations and classification of all bank transfers, intercompany, clearing, and suspense account reconciliations; investigate and resolve discrepancies timely.
• Internal Controls: Maintain and strengthen internal control documentation; identify control gaps and recommend remediation.
• Audit Support: Serve as a primary point of contact for external auditors and internal audit; prepare requested schedules and support documentation.
• Process Improvement: Identify opportunities to streamline close processes, automate reconciliations, and improve reporting accuracy and efficiency; support system implementations and upgrades.
• Other Duties: Perform additional accounting and analysis tasks as assigned by management.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.

• 4-5 years of experience in accounting or finance.

• Experience in consumer finance is preferred, particularly in loan portfolio accounting and financial reporting.

• Good knowledge of IFRS, financial reporting, and month-end closing.

• CMA certification is a plus.

Benefits

• Medical insurance coverage
• Social insurance
• Salary advance