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Sovereign’s Capital
Sovereign’s Capital

Financial Operations Associate - Recons (PH)



Accounting & Finance, Operations
Manila, Philippines
Posted on Monday, July 1, 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

You are looking for a challenge, eager for a fast-paced startup environment that will push you out of your comfort zone, where learning happens. Most importantly, you’re a problem solver with exquisite attention to detail , unafraid to get technical to understand the root cause of an issue.

As a Financial Operations Associate, you will be part of the Financial Operations team responsible for ensuring the seamless flow of funds for the countless transactions happening on the Xendit platform daily. This role will be part of a new subteam being formed within FinOps to own reconciliations across the entire organisation, driving high impact across the region by ensuring all funds are moving as they should and we have full oversight over all movements.

If you can be accurate and detail-oriented under pressure, are always reliable, collaborative, and love the dynamic environment of operations, we want to hear from you. Bonus points for those who love challenging the status quo.

Minimum Qualifications

  • Fresh graduate of Management, Accounting, Finance, or a similar course, or 1-3 years of relevant experience in a start-up/fast paced environment or within the payments, fintech, or financial services spaces
  • Excellent verbal and written communication skills in English
  • Working knowledge of Microsoft Office Suite
  • You are detail oriented, can see patterns in data/information or notice when something is amiss
  • Located in Metro Manila, Philippines

Preferred Qualifications

  • Experience working in or dealing with banks or large financial institutions
  • You have the initiative to continually ask questions and look for answers
  • You have a discerning ability to prioritize workload in line with tight deadlines and work effectively under pressure
  • You are a team player and communicate well with internal and external stakeholders
  • You have great ownership mentality and have proven you can push towards a goal by yourself
  • You pick up new skills quickly using a combination of self-exploration and relationship building
  • You are a creative thinker who considers problems from a customer perspective while being pragmatic and solutions oriented when solving them
  • You have fun in learning and always seeking to improve


Own & execute reconciliations for Xendit’s day-to-day financial operations

    • Own the reconciliation process for all Xendit products across the region, ensuring that all funds are moving as expected and Xendit does not have any exposure or incorrect transactions
    • Work with the product teams on automating recons across products and the region to ensure no gaps in the process and Xendit is protected against money loss
    • Have the opportunity to learn how Xendit operates from the ground up and make a real impact on the future of the organization

Coordinate with internal and external stakeholders

    • Solve for unreconciled transactions by working with product, partnerships and finance to identify and resolve root causes

Set up recons for any new products

    • As new products are launched and we expand to new markets, set up and own the reconciliation processes to ensure that at all points, Xendit recons are operating at best in class standards

Do whatever it takes to make Xendit succeed