Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead global cash reconciliation and regulatory reporting for a dynamic fintech company.
- Company: Join Flywire, a global leader in payments technology, transforming how payments are made worldwide.
- Benefits: Enjoy competitive pay, stock options, wellness programs, and flexible work arrangements.
- Why this job: Be part of a vibrant team making a real impact in the payments industry with innovative solutions.
- Qualifications: 10+ years in cash operations; finance or accounting degree required; leadership experience preferred.
- Other info: Work remotely or hybrid; diverse team culture with opportunities for personal and professional growth.
The predicted salary is between 54000 - 84000 £ per year.
Company Description
Are you ready to trade your job for a journey? Become a FlyMate!
Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage – the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease – no matter where they are in the world.
What more do we need to truly be unstoppable? Perhaps, that is you!
Who we are:
Flywire is a global payments enablement and software company, founded a decade ago to solve high-stakes, high-value payments in education, using modern technology.
Today, we’ve digitized payments for more than 3,300+ global clients across education, healthcare, travel & B2B, covering more than 240 countries and territories and supporting over 140 currencies. And, we’re just getting started!
With over 1000+ global FlyMates, representing more than 40 nationalities, and in 14 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.
Job Description
The Opportunity
We, at Flywire, are seeking a Director – Cash Reconciliation and Regulatory Reporting. This role will be responsible for working with cash management and operations, treasury, product and accounting to ensure accurate reconciliation of incoming cash from payers and outgoing payments to clients/beneficiaries. Flywire processes over $20+ billion of payments through our various products, and ensuring timely and accurate reconciliation is key to our growth and strategic cash allocation decisions. In addition to the daily, weekly and monthly cash reconciliation process, this role will be a leader in implementing new systems and processes to drive automation throughout the lifecycle of cash.
*** Key to the ideal candidate will be evidence of directing multi-billion dollar/Euro (or equivalent) cash reconciliation on a GLOBAL SCALE ***
Key responsibilities
Global Cash Reconciliation
- Oversee global cash reconciliation of 200+ bank accounts across Flywire’s products and solutions
- Partner with accounting, cash management and treasury to ensure daily recording, reconciliation and reporting requirements are met.
- Evaluate gaps in current reconciliation processes and drive changes to improve accuracy and speed
- Identify areas where automation or AI can drive efficiencies supporting recording, reconciliation and reporting of all cash movements
- Maintain and reconcile sub-ledgers to accurately identify client vs. corporate cash
Regulatory Reporting
- Ensure accuracy and timeliness of reporting of cash balances and related liabilities to regulators (FCA, MTL, MAS, BOL, etc)
- Ensure client and corporate cash is properly segregated, reconciled and reported
- Support preparation of quarterly call reports including determination of total money movement, average daily liability, etc
- Support regulatory examinations
- Support global consolidated audit and local statutory audits
Leadership & Systems
- Lead and a high-performing cash reconciliation and reporting team, providing coaching, direction, and performance management; foster a culture of accountability, innovation and continuous improvement
- Evaluate and implement tools focused on automation of repetitive tasks
- Partner with Product and Engineering teams to improve data in core platforms to support automation and innovation
- Serve as trusted advisor in the controllership function
Qualifications
Key Qualifications
- Bachelors degree in Finance or Accounting
- 10+ years of experience working in cash operations, reconciliations and regulatory reporting.
- Experience with fintech, payments or financial institutions with high volume and velocity of payments
- Deep understanding of cash reconciliations and related systems
- proficiency with excel, google sheets and accounting software
- NetSuite, Oracle and reconciliation tools
- Excellent analytical and problem solving skills
- Excellent written and verbal communication skills
- Ability to document process flows and suggest improvements
- Familiarity with various payment processing systems and payment types
- Bachelor\’s degree in Finance, Accounting, or a related field; CPAA or MBA preferred.
- Proven leadership experience with the ability to manage and develop a high-performing team
Technologies We Use (optional) :
- NetSuite – ERP
- Excel and Google Sheets
- Cash reconciliation automation tools (FastFour, BlackLine and proprietary tools)
Additional Information
What We Offer:
- Competitive compensation, including Restricted Stock Units
- Employee Stock Purchase Plan (ESPP)
- Flying Start – Our immersive Global Induction Program (Meet our Execs & Global Teams)
- Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
- Dynamic & Global Team (we have been collaborating virtually for years!)
- Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates
- Be a meaningful part in our success – every FlyMate makes an impact
- Competitive time off including FlyBetter Days to volunteer in a cause you believe in and
- Digital Disconnect Days!
- Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)
Submit today and get started!
We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.
Flywire is an equal opportunity employer. With over 30 nationalities across 12 different offices, and diversity and inclusion at the core of our people agenda, we believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.#LI-Remote
Flywire is an equal opportunity employer.
#LI-Hybrid
#J-18808-Ljbffr
Director, Assistant Controller employer: Flywire
Contact Detail:
Flywire Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Assistant Controller
✨Tip Number 1
Familiarise yourself with Flywire's mission and values. Understanding their focus on global payments and the importance of cash reconciliation will help you align your experience with their goals during discussions.
✨Tip Number 2
Network with current or former FlyMates on platforms like LinkedIn. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during interviews.
✨Tip Number 3
Prepare to discuss your experience with automation in cash reconciliation processes. Highlight specific examples where you've implemented tools or systems that improved efficiency, as this is a key responsibility for the role.
✨Tip Number 4
Stay updated on regulatory requirements related to cash management and reporting. Being knowledgeable about the latest regulations will demonstrate your commitment to compliance and your readiness for the role.
We think you need these skills to ace Director, Assistant Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cash operations, reconciliations, and regulatory reporting. Use specific examples that demonstrate your ability to manage multi-billion dollar cash reconciliation on a global scale.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Mention how your background aligns with Flywire's mission and values, and provide insights into your leadership style and experience in driving automation in cash management.
Highlight Key Qualifications: Clearly outline your qualifications, such as your degree in Finance or Accounting and any relevant certifications like CPA or MBA. Emphasise your 10+ years of experience in the fintech or payments industry, showcasing your analytical and problem-solving skills.
Showcase Your Leadership Experience: Detail your experience in leading high-performing teams. Provide examples of how you've fostered a culture of accountability and innovation, and mention any tools or systems you've implemented to improve processes in cash reconciliation.
How to prepare for a job interview at Flywire
✨Showcase Your Leadership Skills
As a Director, you'll need to demonstrate your ability to lead and develop high-performing teams. Prepare examples of how you've successfully managed teams in the past, focusing on coaching, accountability, and fostering innovation.
✨Understand Cash Reconciliation Processes
Make sure you have a solid grasp of cash reconciliation processes, especially on a global scale. Be ready to discuss your experience with managing multi-billion dollar reconciliations and any systems you've implemented to improve accuracy and efficiency.
✨Familiarise Yourself with Regulatory Requirements
Since this role involves regulatory reporting, brush up on the relevant regulations (like FCA, MTL, MAS, BOL). Be prepared to discuss how you've ensured compliance in previous roles and how you would approach regulatory examinations.
✨Highlight Your Analytical Skills
This position requires excellent analytical and problem-solving skills. Prepare to share specific examples of how you've used data analysis to drive improvements in cash operations or reconciliation processes, and be ready to discuss tools like Excel or NetSuite.
