Operational Accountant, ZayZoon
More information about location
On-demand wage platform for SMBs
Job no longer available
On-demand wage platform for SMBs
101-200 employees
Job no longer available
More information about location
101-200 employees
Company mission
To provide a platform that enables workers to access their earned wages ahead of the traditional pay cycle.
Role
Who you are
- Demonstrates excellent project management skills with the ability to take an idea to completion
- Thrives in a rapidly changing environment with an ability to think on your feet
- Is observant, innovative, and excellent at articulating your ideas and why they matter
- Has the ability to develop strong relationship building skills
- Operates with a high level of professionalism, confidentiality, and business acumen
- Excels with organization and time management skills with keen attention to detail
- Has a thirst for knowledge and drive for continuous self improvement
- Bachelor’s degree in accounting or equivalent
- Minimum of 2 years of full cycle accounting
- Demonstrated project management experience
- Computer savvy self starter with an ability to learn new tools quickly
- Advanced Excel Skills – Comfortable in functions required to create and work with pivot tables, look up and match functions
- Excellent verbal and written communication skills
- Experience using advanced tools for repetitive tasks, for example: macros, Power BI, and/or Power Query
- You must have access to a secure high speed internet connection and a secure workspace to ensure security of private information
What the job involves
- Reporting to the Director of Accounting, you'll play a pivotal role in not just resolving discrepancies in funds flow at lightning speed, but also in driving the identification of trends and root causes that will enhance our operational efficiency
- This position offers you the chance to collaborate across diverse functions and teams, giving you exposure to various facets of our business. Your insights and innovative solutions will be instrumental in reducing delinquency rates and boosting revenue, all while driving our mission by assisting our client-facing teams in resolving customer accounting inquiries
- You'll produce high-quality deliverables under tight deadlines, manage competing priorities, and lead exciting projects that elevate our department to new heights
- Complete high volume & complex reconciliations
- Work with internal and external parties to investigate and quickly resolve account discrepancies
- Lead identification of account and process issues, in collaboration with key stakeholders, to implement solutions with ongoing maintenance plan
- Prepare monthly accounts receivable billing
- Analyze accounts receivable, including determining and executing specific actions to address high risk accounts
- Perform daily accounting functions including preparing journal entries, continuity schedules, and accounting for operational activity
- Perform period-end procedures
- Assist with design and documentation of business processes and controls
- Assist with analysis of key financial accounts and investigation, preparing various ad hoc reporting, accounting projects, and other accounting related tasks as required
Application process
- Please be aware that as part of our final hiring process, we will conduct reference calls with previous managers and possibly other individuals. Additionally, due to the nature of our business, a criminal record check and a basic security clearance will also be required
Our take
ZayZoon addresses the financial strain faced by workers due to unforeseen expenses in the gap between paychecks. By providing earned wage access (EWA), the fintech startup offers employees the option to access a portion of their pay ahead of schedule, aiming to curb reliance on high-interest loans.
ZayZoon's platform works at no cost to the employer, but charges workers a $5 fee for a withdrawal. This does raise concerns over whether this could exacerbate financial challenges for low-income workers, although compared to the interest on payday loans this is still an extremely attractive option.
With recent funding, the company plans to accelerate growth initiatives and navigate increasing regulatory scrutiny. Despite concerns about these regulatory challenges, ZayZoon remains optimistic and dedicated to empowering workers and assisting businesses in managing financial obstacles.
Kirsty
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 6 rounds)
Mar 2024
$15m
SERIES B
Sep 2023
$27.6m
SERIES B
Total funding: $73.7m
Company HQ
Downtown Commercial, Calgary, AB
Leadership
Darcy Tuer
(Co-Founder & CEO)Founded their first Software company, Halo Networks in 2000 while studying Electrical Engineering at the University of Alberta. They also co-founded Spira Data Corp where they served as the President for over 10 years.
Tate Hackert
(Co-Founder)An economics graduate with education from the University of Victoria, Canada, and the City University of Hong Kong. Now they are the Owner of Long Calgary.
Jamie Ha
(Co-Founder & CFO)Former Investment Banker with over 14 years experience, most recently serving as a Managing Director at FirstEnergy Capital.
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