Hybrid - commutable to London
Business Operations,Digital Payments & Wallets,Finance,FinTech,International Money Transfer
Permanent | Full Time
ASAP
16/01/2022
Not specified
Head Of Finance - experience of fintech or working in a regulatory environment essential
bookkeeping, financial accounting, management accounting, cash management, foreign exchange
Our client is a leading European provider of IT Financial Solutions and Electronic Payments Processing seeking a Head of Finance
The business is profitable, with offices in the UK, Cyprus and Latvia and strategically plans to make the
most of its potential over the next 5 years by growing in a managed yet ambitious way.
As the Head of Finance you will be responsible for the day to day running of the department,
bookkeeping and operational requirements for the team. You will prepare
accounts, overseeing and reviewing key reconciliations on a daily basis and dealing with adhoc queries
from within the Group and from third parties. In particular an analytical and forward thinking
approach to problem solving and management of complex financial risk exposures such as cash
management and foreign exchange will be required.
You will work closely with the Compliance and FinTech teams to ensure all communications are
enacted and with the Banking Team to enable the Finance Team to concentrate on the day to day
operational activities.
This is a rare opportunity to play a key role in the continued success of this growing business. This
position is a fantastic next step for someone with a firm grounding in financial reporting who wants to
make progress in their career.
Essential duties and responsibilities:
Day to day management of the finance team, to include appraisals, expense approvals etc
Assisting with the day to day bookkeeping with the team
Developing existing banking relationships and working to fulfil their reporting requirments
Producing monthly management accounts in a timely manner and in line with Board
expectations
Oversee analysis of monthly management accounts and Board MI reports for effective
understanding of the company financial performance
Ensure compliance with regulatory reporting requirements in conjunction with the
Compliance Team
Act as a point of contact with the auditors
Producing monthly schedules for key balances in the Balance sheet and Account transactions
in the Income Statement
Dealing with HMRC and the tax advisers in relation to settlements and queries
Assisting with the annual budget and forecast process
To review, update and ensure compliance with all applicable accounting standards
Expansion of existing financial controls, systems and processes.
Assistance to Finance Director with adhoc finance activities.
Ensure financial compliance of the firm including all eMoney being safeguarded every day and
all Scheme settlements completed successfully every day
Own and manage the company Wind Down Plan and manage the delivery of the annual
Safeguarding Audit
Ensure all reconciliations are performed and completed every day
Ensure cash management is optimised between the Banks and other payment providers
Ensure any financial exposures from foreign exchange are managed and controlled effectively
Analysis of cost base and identification of areas for reduction, both tactically and strategic
Finance support as required regarding relationships with Banks, Payment Providers and
Fintech customers
Experience and skills requirements:
An accountancy qualification with a minimum of 5 years post qualification experience
Good technical accounting knowledge
Experienced people manager
Excellent communication skills, both oral and written
Advanced proficiency in MS Excel and Sage Accounting Software
Experience with cash management and foreign exchange
An analytical and inquisitive mind, an ability to spot an anomaly and a drive to investigate
Highly organised working methods, be self-motivated and able to deliver critical tasks
Previous experience in the Fintech, e-money, prepaid, and/or challenger bank industry
Experience with Mastercard, VISA and/or Diners Club schemes w