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Sovereign’s Capital
Sovereign’s Capital

Senior Accountant



Accounting & Finance
Jakarta, Indonesia
Posted on Thursday, May 30, 2024

Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.

Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We’re proud to be featured on among the fastest growing companies by Y-Combinator.

About the Job

GMF, Xendit's proprietary financing arm with an OJK multifinance license, provides crucial financing solutions to startups and small businesses, fostering growth and improving cash flow. Our accounting team ensures full compliance with local regulations and delivers up-to-date financial information for management decision-making. As our business grows rapidly, the accountant must proactively manage increasing data, ensuring comprehensive, reliable, and audited financial statements by the end of each reporting period.

A Senior Accountant at GMF is responsible for delivering accurate and timely reporting while maintaining regulatory compliance. This role requires creativity and innovation to drive automation and develop SOPs for increased efficiency and scalability. The Senior Accountant must manage confidential data with integrity and execute tasks with precision and speed, significantly impacting Xendit's operations and success.

Minimum Qualifications

  • Bachelor’s Degree in Accounting or a related field.
  • Minimum 5 years of experience in a fast-growing environment, preferably in multifinance, with experience being audited by Big 4 accounting firms.
  • Working proficiency in English and Bahasa Indonesia.

Preferred Qualifications

  • At least 3 years of experience working in one of the Big 4 accounting firms.
  • Familiarity with ERP systems, especially Focus and/or Netsuite by Oracle, or a demonstrated ability to quickly learn new ERP systems.
  • Fair knowledge of Indonesian tax regulations.
  • Familiarity with regulatory guidelines and compliance practices by OJK for the multifinance business.
  • Experience in developing SOPs and a structured approach to processes.
  • Demonstrated ability to work independently, showing initiative and a strong goal-oriented mindset.
  • Willingness to work hard and learn from colleagues, including those who may be younger.


Data Accuracy and Reporting:

  • Ensure all transactions are entered and reconciled in the Accounting System within 10 days after month-end.
  • Reconcile all Balance Sheet accounts.
  • Complete Profit & Loss accounts in accordance with GAAP standards.
  • Prepare and maintain all necessary schedules.
  • Deliver clear and concise reporting on time and in the correct format.
  • Produce Financial Statements by the 10th of every month or as required by regulators.
  • Prepare finance-related reports for regulators and internal management.

Filing System Management:

  • Develop and maintain an organized paper filing system for all accounting and banking paperwork.
  • Create and maintain a logical electronic filing system for remote access.
  • Promote electronic filing to replace paper wherever possible.

Efficiency Optimization:

  • Propose solutions and assist in managing automation projects.
  • Develop SOPs to maximize the efficiency and scalability of the accounting department.