Could this be your Dream
Part-Time accounting job?
It could be – if you are a meticulous, experienced, A-Player accountant who is fanatic about numbers and precision.
You’ve finally found it…
The perfect accounting job – for the right person.
Ndiorah Microfinance Bank is not your typical bank. We are a digital private bank that offers one of the safest and most transparent bank accounts in the world.
We obtained our banking license in 2017 to operate as an International Financial Entity in Puerto Rico.
Because of COVID-19, the team is currently working remotely, so this is a remote role for now.
Once the lock-down is less strict here on the island, you’ll join the team to work out of our newly remodeled office in Santurce.
Some background about us…
Who are we?
We are revolutionizing banking...
Modern banking is broken. And we are bringing it back to the way it’s SUPPOSED to be: safe, transparent, and relationship-oriented.
We offer deposit accounts, secured loans, and electronic funds transfers. We operate 100% digitally to our customers who are located all over the world.
And our clients choose us because of our ability to solve their problems, add value delivered as a great experience by a team of A-players.
Our operations have grown a lot in the past year, and it’s time to bring our accounting in-house.
That’s why we need to hire a rockstar accountant who is well-versed in Puerto Rico and US taxes for a bank and who recognizes life doesn’t come with an instruction manual.
We’re a small team, and everyone wears a lot of hats. In your case, you will not only be keeping the books and tax filings, but you’ll also be involved with some back-office operations, designing, building, and documenting systems, and regulatory reporting.
In this role, you’ll have a significant amount of autonomy and the chance to be a part of a bank that puts the client first. The way banking should be done.
So what’s in it for you?
Why join Ndiorah Microfinance Bank?
1. Work with Fascinating, Successful Colleagues
You’ll be working with some of the most inspiring people you’ve met: prolific and reputable businessman and investor James Hickman, former Goldman Sachs and JP Morgan employees, seasoned lawyers, creative marketers and most of all, effective problem solvers.
You’ll be exposed to a wealth of knowledge. Even from our weekly team meetings, you’ll get to learn about negotiating, financial education, deal structuring, tax efficiencies, setting up international structures, investing and so much more.
We recruit people who are not just brilliant, but those who are positive, motivated, take ownership of goals and work hard to create their own realities. We know that A players attract other A players.
2. Flexible Schedule That Meets Your Needs
We believe that the traditional 9-5 work schedule is a relic of the past.
While there’s always work to do, we don’t have a (digital) punch card for you to clock in at 9 AM each morning.
The official company time zone is Atlantic Standard Time, but while the job is remote you are free to work from any location in the world and have a lot of freedom to arrange your workday in a way that suits you — as long as you are delivering excellent work and able to fulfill your responsibilities in a timely fashion.
3. The Only Limit to What You Can Accomplish is Yourself
This is not your typical work environment. Everyone on the team wears multiple hats and this role is no different.
While the core responsibilities will include preparing and filing tax forms and financial statements, there are a number of projects we need a detail-oriented, analytical person to work on as well.
The ideal candidate with have the skills and motivation to be involved in helping build the bank from the ground-up and helping run it like a well-oiled machine. You will bring things into existence that did not exist the day before.
Because of this, the ideal candidate sees themself as more than just an accountant. We are a small, close-knit team, and everyone wears many hats.
You have to be able to teach yourself. Self-study is the ability to learn by yourself without anybody teaching you, and is critical to succeed in this role.
Many parts of this role, like life, do not come with an instruction manual. Yes, there will be guidelines and specific desired outcomes, but you get to design how the results are achieved. You will make decisions that will impact the business for years to come.
If you want a cushy remote job that you can do the bare minimum and get by, this is not the right job for you. If you want a role that challenges you to grow and develop both yourself and the business, keep reading.
4. We Invest In Your Future And Success
In most jobs, you learn the ropes once, and then keep doing the same things over and over again. That’s not how we work at Ndiorah Microfinance Bank.
As an independent bank, we are disrupting the banking industry, and the key to our success is that we’re always learning and improving everything we do.
All members of our team are committed to lifelong learning. Whether it’s something that will help us perform better at work, understand the financial system better, build better relationships, lead a healthier life, whatever it is…
We invest in the long-term success of our team members. We offer resources and educational courses for you to continuously improve and develop your skills — both personally and professionally.
We look at professional development as a long-term investment in our team and our business. And this is why your development is so important to our organization.
Join us and you’ll work for a company you can actually grow with.
Our Offer
This is an exciting full-time opportunity at a private bank headquartered in paradise in San Juan, Puerto Rico.
You’ll work with a great team to achieve clearly defined quarterly goals and help us stay on track with our business.
We run on a meritocracy: the more value you provide, the more we will be able to reward you.
On top of a negotiable salary, we also offer:
- A long-term career opportunity
- Significant autonomy
- Access to training or development programs that will help you with your life or career
- Support in reaching personal and professional goals
- Flexible work-from-home and remote work
- Supportive and open-minded team culture
- Be involved behind the scenes of private banking, deal structuring, capital raising, private placements, SPV administration, and more
Your Role & Responsibilities
While the specifics of the role may vary based on your specific skill-set, there are a number of responsibilities that you will be expected to perform as a baseline to the role.
- Ownership of Monthly, Quarterly, and Annual tax returns and filings
- Ownership of Payroll and benefits administration
- Monthly, Quarterly, and Annual regulatory reporting and filings
- Ensure the company remains in compliance with tax filings and deadlines
- Invoicing, purchasing, accounts payable and accounts receivable, coordinate bank deposits, pay vendor invoices and track bank account balances
- Develop monthly, quarterly, and annual financial statements, including cash flow, profit and loss statements, and balance sheets and report financial results on a regular basis to management
- Maintain the books of the bank and a number of investment vehicles
- Record and process customer and operating activity
- Liaise with and report as necessary to local tax and regulatory authorities
- Liaise with financial auditors
- Maintain and organize documentation and evidence of all filings, assigned follow-ups, etc.
- Maintain records, prepare reports, memos, invoices letters, and other documents
- Work alongside the Chief Operating Officer to design and execute improvements to current back office systems and workflows
- Other related duties as you may be reasonable assigned from time to time
What does a typical day look like?
Every day will involve maintaining the books and records of the bank and typical days will involve preparing and filing tax and regulatory reports and financial statements.
You can expect to spend no less than 20% of your time working on projects that will change over time depending on the business need and your individual skills.
Experience and Requirements
The right person will have a few marked characteristics:
- Accounting background with deep knowledge and familiarity with Puerto Rico and US requirements and rules. You need to be ready to hit the ground running and should already be fluent in accounting and Puerto Rico AND US tax filings.
- Experience with accounting for a bank or coop is required. Past experience could be working as an auditor or a junior accountant at a firm in a relationship with a bank, but we need a sharp person who knows what banking financials look like.
- Being certified as a CPA is not required but would be a strong advantage
- Detail-oriented - we're talking preparing a 100-page financial discussion, and triple checking your work to ensure there are no mistakes
- A general understanding of financial institutions and global markets would be a strong advantage
- A general understanding of corporate structures and business would be a strong advantage
- 100% fluent English speaker
- Excellent written and verbal communication skills
- Excellent organization and attention to detail (yes, it's so important it's listed twice)
- Proactive approach, the ability to be part of a team and be flexible is essential
Don’t Apply If You…
- If you have zero accounting experience with Puerto Rico and the US. We need someone who can hit the ground running and is already familiar with the rules of these systems
- If you have zero accounting experience with a bank or other financial institution
- If you have a big ego / attitude, keep moving
- If you can't follow instructions... but also...
- If you can't operate without instructions
- If you don’t like working remotely. This is a remote position until COVID passes; it's on you to get the job done
- If you are uncomfortable with change, this is not the right job for you
- If you want a cushy remote job that you can do the bare minimum and get by, keep looking
- If you dislike change, this will never work. We are a new business founded by entrepreneurs and our business strategy can shift rapidly
- If you expect someone else should fix problems for you, this is not the right job for you. We need strong resilient team players who take action, attack problems and challenges, and take ownership to carry it across the finish line
Apply Now!
As you’ve probably noticed by now, this is not like the average career listing… because we’re not looking for an average person.
We’ve done our best to both attract the best person for the role, and repel anyone who is not right for it (like any good marketing message should).
The ball is now in your court.
Below, you’ll find a form that’s been specifically designed for this role (please choose the right one from the list), and fill it in, in detail.
We will shortly followup with a series of responses including a first review, testing, a phone interview, a 2-3 hour in-person interview, and more.
An A-Player will breeze through the application process, whereas a B-Player will not.
One final message before we finish: If you don’t have a strong interest in learning and personal development, you will, unfortunately, find that you’ll be left behind by the growth of the rest of the team. We ask that you please do not apply for this role.
You’ll also need to read through our Hiring page if you haven’t already – this shares exactly what our company’s core values are and the problem we’re solving. It’s important that anyone who applies for this job understands the direction we’re going and wants to be a part of it.