About PalmPay

PalmPay is a leading neobank and fintech platform scaling financial inclusion across emerging markets. With over 40 million users, we are building a digital financial ecosystem that empowers individuals and businesses through accessible, easy-to-use, and rewarding financial services.

Operating in Nigeria, Ghana, Tanzania, Bangladesh, Pakistan, and the Philippines, PalmPay has been recognized by CNBC as one of the Top 300 Global Fintech Companies and ranked #2 overall and #1 in financial services on the Financial Times' Africa's Fastest Growing Companies 2025 list.

Position Overview

PalmPay is seeking a proactive and detail-oriented Finance & Accounts Specialist to join its Finance & Accounts team in Bangladesh. This role is responsible for maintaining accurate financial records, managing day-to-day accounting operations, supporting financial reporting and month-end closing activities, coordinating audits, ensuring regulatory compliance, managing banking activities, and supporting treasury operations.

The ideal candidate will possess strong accounting knowledge, hands-on experience with financial reporting and reconciliations, and the ability to work efficiently in a fast-paced fintech environment while ensuring compliance with IFRS, local regulations, and company policies.

Key Responsibilities

Financial Accounting

• Record, review, and maintain accurate accounting transactions in the ERP/accounting system.
• Ensure accounting entries comply with IFRS/IAS, Bangladesh Financial Reporting Standards (BFRS), and company policies.
• Maintain general ledger, subsidiary ledgers, and chart of accounts.
• Perform regular account reconciliations and resolve discrepancies promptly.
• Maintain proper supporting documentation for all financial transactions.

Accounts Payable & Payment Processing

• Verify vendor invoices, employee reimbursement claims, and supporting documents.
• Ensure compliance with procurement, approval, and payment policies.
• Coordinate with internal departments to resolve invoice-related discrepancies.
• Prepare payment schedules and process payments accurately and on time.
• Maintain vendor records and payment documentation.

Financial Closing

• Support monthly, quarterly, and annual financial closing activities.
• Prepare journal entries, accruals, provisions, depreciation, amortization, and adjustment entries.
• Reconcile bank accounts, receivables, payables, fixed assets, and intercompany balances.
• Ensure timely completion of closing activities and reporting deadlines.

Financial Reporting

• Prepare monthly, quarterly, and annual financial statements.
• Prepare management reports, dashboards, and financial analysis.
• Support budgeting, forecasting, and variance analysis.
• Assist management with financial insights to support business decisions.
• Ensure compliance with IFRS/BFRS and statutory reporting requirements.

Audit & Regulatory Compliance

• Coordinate statutory audits and internal audit activities.
• Prepare audit schedules, reconciliations, and supporting documentation.
• Respond to audit queries and assist in implementing audit recommendations.
• Ensure compliance with applicable tax, VAT, corporate, and regulatory requirements.
• Support finance compliance reviews and internal control assessments.

Regulatory Reporting

• Prepare and submit Foreign Direct Investment (FDI) reports and other regulatory filings.
• Maintain complete documentation supporting regulatory submissions.
• Assist in preparing Bangladesh Bank, NBR, RJSC, and other statutory reports as required.

Banking & Treasury

• Coordinate with banks regarding account operations, remittances, loan facilities, and other banking matters.
• Prepare daily and monthly bank reconciliations.
• Monitor cash flow and treasury transactions.
• Maintain banking documentation and support financing activities.
• Assist in cash flow forecasting and liquidity management.

Loan & Interest Management

• Calculate loan interest, accrued interest, and financing costs.
• Verify interest charged by financial institutions.
• Maintain loan schedules and repayment records.
• Support financing-related documentation and reporting.

Internal Controls & Process Improvement

• Ensure compliance with internal control procedures and finance policies.
• Identify opportunities to improve accounting processes and operational efficiency.
• Support ERP implementation, finance automation initiatives, and process improvements.
• Assist in strengthening financial governance and control frameworks.

Other Responsibilities

• Support finance transformation projects and strategic initiatives.
• Collaborate with cross-functional teams to improve financial processes.
• Perform any other finance and accounting responsibilities assigned by management.

Required Qualifications & Experience

Education

• Bachelor's and Master's degree in Accounting, Finance, or a related discipline.
• CA (CC), CA (Part Qualified), CMA (Part Qualified), ACCA (Part Qualified), or equivalent professional qualification will be considered an advantage.

Experience

• 3–5 years of relevant experience in Finance & Accounts.
• Experience in multinational companies, fintech, banking, financial institutions, or large corporate organizations will be preferred.
• Hands-on experience in financial reporting, accounting operations, and statutory audits.
• Experience in ERP or accounting software is highly preferred.

Skills & Competencies

Technical Skills

• Strong knowledge of accounting principles, IFRS/IAS/BFRS, and financial reporting.
• Experience in month-end and year-end financial closing.
• Sound understanding of accounts payable, reconciliations, and treasury operations.
• Knowledge of tax, VAT, corporate compliance, and regulatory reporting.
• Strong Microsoft Excel skills including:
  • Pivot Tables
  • VLOOKUP/XLOOKUP
  • Power Query
  • Advanced formulas
• Experience with ERP/accounting systems (SAP, Oracle, Dynamics 365, Odoo, or similar) is preferred.

Behavioral Competencies

• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• High level of integrity and confidentiality.
• Strong organizational and time management skills.
• Effective communication and stakeholder management abilities.
• Ability to work independently and manage multiple priorities under tight deadlines.
• Continuous improvement mindset with a proactive approach to process enhancement.

Preferred Qualifications

• Experience in Foreign Direct Investment (FDI) reporting.
• Experience dealing with banks and financial institutions.
• Knowledge of Bangladesh tax, VAT, and corporate regulatory requirements.
• Experience coordinating statutory audits.
• Prior experience in fintech, digital payments, banking, or multinational organizations is highly desirable.

Compensation & Benefits