Invoice & Payment Processing Associate

Invoice & Payment Processing Associate

Full-Time 36000 - 60000 £ / year (est.) No working from home possible
LemFi

At a Glance

  • Tasks: Handle invoices, manage billing accounts, and ensure smooth financial transactions.
  • Company: LemFi is a fintech startup revolutionising cross-border financial services for immigrants.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
  • Other info: Be part of a diverse team across 15+ countries, supporting a global mission.
  • Why this job: Join a passionate team making a real impact in the financial ecosystem for immigrants.
  • Qualifications: Detail-oriented, proficient in accounting systems, and strong multitasking abilities required.

The predicted salary is between 36000 - 60000 £ per year.

About our Company:

LemFi (YC S21, Series B) is revolutionizing cross-border financial services for immigrants through its multi-currency platform, processing over $1 billion in monthly transactions. We provide instant remittances, foreign exchange services, and multi-currency accounts, all in one seamless experience.

With 300+ employees across 15+ countries, our platform supports twelve currencies and integrates directly with local banks and mobile money providers, ensuring fast, low-cost transactions. But we’re not stopping at payments. LemFi is building a comprehensive financial ecosystem empowering immigrants with the financial tools they need to thrive—wherever they go.

Our vision: To build the first full-stack financial services hub for the world’s immigrant population.

Who you are:

You are a candidate who would thrive in a fintech startup environment like ours, where we readily accept individuals with a humble, yet uplifting attitude alongside a diligent sense of work ethic. The teams here at Lemonade Finance are passionate about their work and fields of expertise, but also lend hands on cross-functional responsibilities to ensure the success of the company and the satisfaction of our clientele.

Job Summary:

We are seeking a detail-oriented and highly organized Invoice & Payment Processing Associate to join our finance team. The ideal candidate will be responsible for handling invoices, managing billing accounts, and ensuring smooth financial transactions. This role requires strong multitasking abilities, problem-solving skills, and proficiency in accounting systems and spreadsheets.

Responsibilities are as follows:

  • Accurately input of invoices into accounting and HR systems (Rippling/Netsuite).
  • Set up and manage billing accounts efficiently.
  • Collaborate with Growth Teams for invoice revisions, receipts, and related inquiries.
  • Research and resolve bank corrections while understanding bank transfer requirements.
  • Manage the Opex Wallet, including wallet refunds.
  • Review and upload OPEX invoices to internal spreadsheets for daily approval and processing
  • Other ad-hoc tasks and assignments related to executing payments and processing invoices

Requirements:

  • Strong attention to detail to ensure accuracy in financial transactions.
  • Ability to multitask and respond to requests quickly and efficiently.
  • Proficiency in accounting systems, spreadsheets, and financial software.
  • Excellent organizational skills to track multiple tasks and responsibilities.
  • Strong communication and problem-solving abilities.
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Invoice & Payment Processing Associate employer: LemFi

At LemFi, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture, perfect for those looking to make a meaningful impact in the fintech space. Our employees enjoy a range of benefits, including opportunities for professional growth, a collaborative environment, and the chance to be part of a revolutionary financial ecosystem that empowers immigrants globally. Join us in our mission to transform cross-border financial services while working alongside passionate individuals who share your commitment to excellence.

LemFi

Contact Details:

LemFi Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Invoice & Payment Processing Associate

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like LemFi. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Invoice & Payment Processing Associate

Attention to Detail
Multitasking Abilities
Proficiency in Accounting Systems
Spreadsheet Proficiency
Organisational Skills
Strong Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LemFi.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on LemFi's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at LemFi

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LemFi.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at LemFi will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former LemFi employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.