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Vice President, Accounting

11 hours, 15 minutes ago
Anywhere
Full-time
Executive
Controller
Operations
SQL
Apply Now
PayNearMe

PayNearMe

PayNearMe is a leading billing and payments platform that allows businesses and government agencies to accept cash payments remotely, offering convenience and flexibility to customers through a vast retail network.

Diversified Financial Services
51-250
Founded 2009
$71M raised
View All Jobs 6

Description

  • Lead accounting, controllership, financial reporting, revenue and transaction accounting, payables, payroll accounting, and technical accounting.
  • Oversee settlement, disbursements, prefunding, FBO and custodial accounts, and exceptional client-funds movements across payment rails.
  • Own reconciliations among transaction systems, subledgers, processors, banks, client balances, and the general ledger.
  • Ensure GAAP-compliant monthly, quarterly, and annual financial statements.
  • Design and maintain internal controls, maker/checker procedures, approval authorities, segregation of duties, and audit trails.
  • Lead responses to settlement failures, payment discrepancies, delayed disbursements, account variances, and client-funds incidents.
  • Partner with Product, Engineering, Data, Risk, Compliance, Legal, banks, processors, networks, auditors, and other stakeholders.
  • Define requirements and drive automation for settlement, reconciliation, exception management, journal creation, reporting, and controls.
  • Build scalable operating models and systems that support increased transaction volume, products, payment rails, and regulatory complexity.
  • Build and develop high-performing Accounting, Payment Reconciliation, and Money Movement Operations teams.

Requirements

  • 12–15+ years of progressive experience in payments accounting, controllership, financial operations, banking operations, treasury operations, or payment reconciliation.
  • Significant leadership experience in fintech, payments, banking, marketplaces, money transmission, card programs, or other high-volume money-movement businesses.
  • Demonstrated ownership of client-funds flows involving collections, settlement, FBO or custodial accounts, prefunding, disbursements, refunds, returns, and exceptions.
  • Strong knowledge of ACH, card networks, wires, real-time payments, checks, cash networks, and other payment methods.
  • Deep understanding of payment processing, clearing, settlement, reconciliation, subledgers, general ledgers, and customer-funds liabilities.
  • Experience leading Accounting or Controllership functions, including close, reporting, technical accounting, audits, and internal controls.
  • Strong knowledge of GAAP and accounting for payment transactions, processor activity, client-funds obligations, reserves, and revenue sharing.
  • Experience designing controls, permissions, approval workflows, reconciliation processes, and auditable manual adjustments.
  • Experience improving reconciliation platforms, transaction subledgers, ERP integrations, treasury or banking systems, and workflow automation.
  • Bachelor’s degree in Accounting, Finance, Business, or a related field; CPA strongly preferred, advanced degree preferred, and SQL or comparable analytical fluency highly desirable.

Benefits

  • Annual base salary of $275,000–$325,000 USD.
  • Growth-company stock options with standard four-year vesting and a one-year cliff.
  • Premium medical, vision, and dental benefits with 100% employee coverage.
  • Company-sponsored life and disability insurance.
  • Paid parental bonding leave, sick leave, jury duty, bereavement leave, and 13 scheduled holidays.
  • Flexible Time Off, Volunteer Time Off, and a 401(k) plan.
  • $50 monthly communication stipend and work-from-home setup and equipment reimbursements.

Interested in this position?

Apply directly on the company website

Apply Now

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