Lead Finance Ops

  • MIFX
  • Jakarta, Indonesia
  • 27/05/2024
Full time Forex Finance

Job Description

About us

MIFX is a pioneer trading platform in Indonesia that is backed by a 23 years old market leader in the industry, Monex Investindo Futures. We are a futures broker facilitating forex, commodities, and index trading that is fully regulated and complies with BAPPEBTI regulations.

MIFX focuses on making the trading process #SemudahItu by prioritizing easy access, trading education, and providing the lowest prices to start trading where traders can buy 0.01 micro lots from our platform.

Led by a solid marketing-technology team that leverages lean analytics and agile product development with a vision of creating the most seamless trading experience for the millennial generation through the MIFX platform, we are proud to continuously growing our volumes by improving our customer experience and people's experience for sure to grow with us.

We are looking for more talents to create a positive impact.

#SemudahItu join us and be part of Indonesia's next largest fintech company!

Are you ready to be a part of MIFX for the upcoming “big wave”?

What you will do:

  1. Oversee the preparation and submission of accurate and timely financial reports in compliance with IFRS standards.
  2. Ensure adherence to regulatory requirements and reporting obligations within the forex trading industry.
  3. Monitor changes in accounting standards and regulations, and implement necessary adjustments to financial processes.
  4. Supervise and manage daily transaction processing, including trade settlements, reconciliations, and accounting entries related to forex trading activities. Prepare various reconciliation reports on a daily, weekly, and monthly basis from Bank, Payment Providers and Meta. Reports including but not limited to New Client P&L, Client Money Reconciliation, Daily P&L per Client, Daily Cash Reconciliation, Liquidity Report, and other reconciliation/tracking reports.
  5. Maintain a robust system for record-keeping and documentation of financial transactions, ensuring audit trails are accurate and accessible.
  6. Facilitate external and internal audits, providing necessary documentation and explanations to auditors.
  7. Implement audit recommendations and improvements to enhance the overall integrity of financial reporting.
  8. Collaborate with risk management teams to assess and mitigate financial risks associated with forex trading operations.
  9. Implement and monitor internal controls to safeguard financial assets and ensure compliance with risk management policies.
  10. Optimize cash flow forecasting and management, considering the dynamic nature of forex trading activities.
  11. Coordinate with treasury functions to ensure adequate liquidity for trading activities and other operational needs.
  12. Lead and mentor the finance operations team, fostering a culture of excellence and continuous improvement.
  13. Conduct regular performance reviews, set performance goals, and provide training as needed to ensure the team's professional development.
  14. Preparing ad-hoc reporting and analysis as assigned.
  15. UAT testing on the client platform for technology upgrades.
  16. Liaise with payment providers and banks.
  17. Collaborate with other business functions and departments to ensure that finance operational activities are aligned with the organization's overall objectives and priorities.

What you will need:

  1. Min. a bachelor's degree in Finance/Accounting/Business Administration/Mathematics/Statistics, or a related field that requires analytical thinking skill.
  2. Min. 3 years of relevant work experience, particularly in Data Reconciliation, Account Payable/Account Receivable, Data Analyst and/or Finance/Accounting/Tax.
  3. Min. 1 year of leadership experience, at least small team (1-2 members).
  4. Have background in the financial technology industry, preferably forex trading or any other financial investment tools.
  5. Possess critical knowledge of finance issues, preferably someone who is familiar with international finance and finance regulation knowledge.
  6. Master the utilization of Microsoft Office/Google Sheets.

Recruiter will proceed further with the most suitable candidates according to the job qualification and candidate's work experience.