Junior Accountant, Zafin
Product & pricing lifecycle management platform
Be an early applicant
Product & pricing lifecycle management platform
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
To make banks more agile and efficient than ever before, enabling innovative experiences that improve the lives of customers and employees.
Role
Who you are
- Undergraduate degree in Business, Accounting, Finance or a related field
- 1 – 3 years of experience in public accounting and/or industry
- Experience with ERP systems (NetSuite would be added advantage)
- Knowledge about billing and collection practises
- Good Microsoft Excel skills
- Strong attention to details and analytical skills
- Excellent written and verbal communication skills
- Good organizational and time management skills - meet tight deadlines and work efficiently under pressure
- Dedication and strong work effort
What the job involves
- Prepare monthly, quarterly, and annual financial reports related to accounts receivable
- Maintain the Customer Master & keep AR tracker up to date
- Collaborate with various cross-functional teams to streamline processes and ensure we raise invoice on time and resolve discrepancies related to billing
- Manage collection process to ensure timely collection and constant follow up with customers & partners for overdue invoices
- Develop and implement various collection strategies
- This role requires a keen eye for detail, strong analytical skills, and the ability to work effectively in a fast-paced environment
- Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted
- Maintain Customer contract data base
- Assist in revenue recognition process
- Provide regular inputs for cash management
- Provide support for financial planning and analysis towards AR and collection forecast
- Prepare monthly, quarterly, and annual financial reports related to accounts payable
- Manage Vendor contract data base
- Maintain AP tracker and manage AP payments
- Extend Audit support
Our take
Zafin is a global provider of a range of digital transformation solutions for the banking sector, with a focus on relationship-based pricing solutions for enterprise grade financial institutions and banks. Clients include Canada’s big five, and further flung giants like the National Bank of Abu Dhabi.
The problem Zafin is solving is a big one for incumbent banking institutions: legacy frameworks and business practices are relatively cumbersome and byzantine in comparison to the nimbler, snappier challenger and neo banks. This means they’re losing out, particularly with the younger generations, who prefer convenience over institutional pedigree.
Zafin’s solution functions as a neat little workaround, allowing banks keen to digitally transform to dodge the hefty delays and sunk costs of retooling their systems from scratch. Banks globally are scrabbling to compete with their attractive, agile digital-first competitors, so Zafin won’t struggle to find customers. This is especially because it’s expanded to cater to neo-banks, too. With such a broad scope and a strong reputation of its own, Zafin is a confident, highly relevant company, which makes it no surprise that Nordic Capital bought it out in 2024. This acquisition will accelerate Zafin's growth and product development roadmap.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Jan 2019
$17m
LATE VC
Sep 2014
$15m
LATE VC
Total funding: $32m
Company benefits
- Flexible work arrangements - includes opportunities for hybrid work, flexible hours, flexible locations, and various types of paid leave
- Meaningful recognition - we truly value our team members’ contributions and ensure that their achievements are properly recognized and rewarded through areas such as incentive opportunities
- Ownership - we offer a stock option plan that is exclusively for employees who share our sense of purpose and create value that keeps us on our A-game
Company values
- Zealous: We are allergic to complacency. Each of us acts with energy and enthusiasm to maximize the positive impact we have on our customers, our colleagues and our company every single day.
- A-Game: We bring our personal best, always. We respond to what’s new with curiosity. We collaborate with others to discover the best possible solutions. And we keep our commitments
- Forward Thinking: Our company has always been ahead of what’s next. Our people see around corners, embrace change, challenge convention and work together to build a better world
- Inclusive: We respect, value and actively include others because diversity and inclusion result in broader perspectives, deeper insights, smarter decisions and more abundant creativity
- Nimble: We move quickly, reach for opportunity, take calculated risks and welcome feedback. This is how we achieve continuous innovation
Company HQ
Downtown Vancouver, Vancouver, BC
Articles
Leadership
Al Karim Somji
(Boardmember & Co-Founder)Previously the President of OpCom Solutions, then CEO of Eftia OSS Solutions.
Anugopal Venugopalan
(COO & Co-Founder)Began his career as a Product Manager at Fujitsu ICIM, before moving on to serve as the Director of Pre-Sales at Eftia OSS Solutions.
Dinesh Krishnan
(Chief Commercial Officer & Co-Founder)Previously in management at SBI Capital Markets, before moving on to serve as Vice President of DSP Merrill Lynch.
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