Staff, Finance Operations

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia. We are licensed in Singapore, Indonesia, Thailand, and registered in Malaysia. We are backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is crowdfunded by individual and institutional investors. And here at Funding Societies | Modalku we live by our core values:

• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession
• Grow Relentlessly: Strive to become our best, most authentic selves
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation
• Focus on Impact: Create impact through bias for action and tangible results
  
  

The Staff, Finance Operations will serve as a finance business partner to our Indonesia business team, overseeing the end-to-end business operation process. This role includes handling loan disbursements, managing repayments, processing withdrawals, conducting reconciliations, and managing escrow accounts. This position is essential to maintaining accurate financial records, ensuring compliance, and supporting the overall operational flow of financial transactions.

What you will do:

Loan Disbursement & Repayment Management

• Support the loan disbursement process by verifying accuracy and ensuring compliance with internal policies
• Monitor repayment schedules, track payment statuses, and follow up on overdue payments.
  
  

Transaction Processing & Reconciliation

• Process withdrawal requests promptly and accurately
• Perform regular reconciliations of financial transactions, identifying and correcting discrepancies
• Oversee escrow management with attention to proper documentation and regulatory compliance
  
  

Reporting & Audit Support

• Prepare, maintain, and update financial reports related to operations, ensuring data accuracy
• Assist with audits by gathering and organizing necessary documentation and information
  
  

Ad-hoc Support

• Contribute to special projects and perform additional tasks to support team
• objectives and process improvements
  
  
  

Requirements

• Bachelor's degree in Finance, Accounting, or a related field
• 1-2 years in finance operations or a similar role, preferably within a financial services or fintech environment
• Proficiency in Microsoft Excel and experience with accounting software
• Strong understanding of financial processes, regulatory compliance, and loan management
• Proficient in English
  
  
  

Benefits

• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible Working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
• Medical Benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their back for their loved ones too.
• Mental Health and Wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we have Wellness Wednesdays and we engage partners to provide well-being coaching. And we have our Great FSMK Workout sessions too to keep everyone healthy and fit!
• Learning & Development - We believe learning should never end and we support everyone with self-learning L&D allowances.
• Tech Support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity