Financial Accountant, MODIFI
Global B2B payments and trade services
Open for applications
Global B2B payments and trade services
101-200 employees
Open for applications
101-200 employees
Company mission
To grow our customers' business and market reach.
Role
Who you are
- Minimum 5 years of relevant experience as Financial Accountant, Controller or similar role
- Master’s degree in Accounting, Economics, Finance or relevant field
- Knowledge of ERP systems, experience in implementing ERP is a plus
- Work experience in fintech and/or audit is advantageous
- Proficient knowledge of general accounting rules
- Good knowledge of IFRS, Dutch and/or German GAAP is a plus
- Familiarity with factoring or lending type of business
- Detail-oriented with a high level of accuracy
- Process and deadline-oriented
- Fluent in English, German or Dutch is a plus
What the job involves
- As Financial Accountant you will be responsible for overseeing the preparation of accounting reports for several legal entities of MODIFI Group, including head office in Amsterdam
- You will assist with year-end closures and financial audits and play a supporting role in implementing ERP and moving bookkeeping function in-house
- Run monthly closing activities for several legal entities of MODIFI Group comprising of:
- Gathering relevant supporting documentation
- Preparing necessary calculation and accruals
- Sending pack of accounting information to the 3rd party for outsourced bookkeeping
- Liaising with accounting provider on tax and accounting questions
- Review monthly accounting reports prepared by accounting provider for accuracy
- Oversee yearly closings and assist in annual financial audits under IFRS and local GAAPs
- Be an active part in ERP implementation and moving bookkeeping in-house, taking over some of the internal bookkeeping processes
- Contribute to monthly and quarterly management reports preparation by providing consolidated actuals
- Help to set up internal policies and procedures on accounting and reporting
- Other ad-hoc tasks related to the record-to-report domain
Our take
SMEs play a vital role in global trade, representing 98% of exporters and contributing 30% to global volumes. However, over half of their trade finance requests are rejected by banks, creating a massive $1.5T funding gap. This leaves SMEs unable to seize new trade opportunities despite growing global trade and consumer demands.
MODIFI aims to bridge this gap - it provides SMEs with simple digital solutions to finance and manage their trades, protect them from counter-party risk, and easily track their shipments. It services over 1,000 buyers and sellers across more than 40 countries. Since being founded in 2018, MODIFI has grown at an astounding rate and is now the only digital trade finance platform for SMEs that spans the three major trading regions of Europe, Asia and North America - a cluster which encompasses approximately 80% of global imports and exports.
Following major funding across multiple rounds, MODIFI's current strategy is focused on addressing increasing demand and helping more SMEs trade internationally on their digital platform. Fundamentally, with the OECD predicting that the trade finance landscape is to undergo "profound changes" in the coming years, MODIFI has a great opportunity to be at the forefront of change for the better.
Freddie
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Nov 2024
$15m
SERIES C
Sep 2021
$24m
SERIES B
Total funding: $48.9m
Company benefits
- We have networks around the globe with offices in Amsterdam, Berlin, Dhaka, Dubai, Mumbai, Shenzhen and Singapore
- We care about the environment - that’s why we commit to a clear understanding of our CO2 footprint and strive to reach neutrality
- You want to get to know your colleagues better?! We organize regular gatherings, events and parties
- Many perks like a cultural day, personal training, language courses and more
- At MODIFI we have a very hands-on mindset, giving our people the chance to grow with their responsibilities
Company HQ
De Weteringschans, Amsterdam, Netherlands
Leadership
Nelson Holzner
(Co-Founder & CEO)Has 20 years of professional experience in top international firms, startups and high-growth companies, and is the founder and ex-CEO of BillPay.
Sven Brauer
(Co-Founder & COO)Previously a key part in building BillPay, and was also part of Klarna's Senior Management team until 2018.
Jan Wehrs
(Co-Founder & CTO)IT professional with more than 12 years’ hands on experience with various platforms and over 5 years’ experience as Senior IT executive. Also a member of the alphalist network.
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