At a Glance
- Tasks: Prepare and deliver annual statutory accounts while ensuring compliance with accounting standards.
- Company: Join Paysafe, a leading global payments platform with a dynamic culture.
- Benefits: Flexible hours, holiday options, free breakfast, and private health insurance.
- Why this job: Make a global impact in finance while working with a diverse team.
- Qualifications: Professional accounting qualifications and 3+ years of experience required.
- Other info: Enjoy social events, community involvement, and excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
About Paysafe
Paysafe is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With 29 years of online payment experience, an annualized transactional volume of $152 billion in 2024, and approximately 3,000 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in 48 currencies around the world. Further information is available at paysafe.com.
It starts here. Have a global impact on the world of payments.
This role sits in the Finance function of Paysafe, a dynamic Global Fintech business. Looking for a qualified Financial Reporting Accountant to join the team.
What Paysafe stands for:
- Being open and honest.
- Keeping focused.
- Operating with Courage.
- Pioneering the future.
Our values and culture are driven by Equality, Development, Social Responsibility and Wellbeing. If you want to find out more about life at Paysafe, check out our careers page here.
How we work:
We follow a hybrid working model, spending an average of three days per week at our office location. The office is located in Gresham Street next to St Paul’s cathedral with easy access and transport links via St Paul’s, Bank, Cannon Street, City Thameslink, Liverpool Street, Farringdon, Mansion House.
The impact you will have:
- Supporting the preparation and delivery of annual statutory accounts for multiple subsidiary legal entities, ensuring accuracy, completeness, in compliance with relevant accounting standards and adherence to applicable local company law requirements.
- Collaborating with business units, cross-functional teams and external auditors to gather required information for the preparation of statutory accounts.
- Assisting in the review and challenge process of annual accounts prior to delivery to external auditors, ensuring quality and compliance with regulatory standards, and facilitating resolution of review comments and finalization procedures.
- Ensuring proficiency in the financial reporting tool (Workiva) and provide training or knowledge transfer to new users and team members.
- Documenting the process and controls over the financial reporting process, including documentation (memo and detailed analyses) of key and judgmental financial reporting topics in line with relevant accounting and reporting standards.
- Providing support to the line manager and team in maintaining and monitoring subsidiary statutory reporting requirements.
- Assisting in the preparation and submission of various non-statutory reporting (statistics and surveys) in a timely manner, ensuring compliance with reporting deadlines.
- Contributing to process improvements and efficiencies in financial reporting processes, including the implementation of best practices and automation where possible.
- Staying updated on accounting and regulatory changes and developments affecting financial reporting requirements, ensuring compliance with applicable standards and regulations.
- Aiding in ad-hoc financial reporting projects and tasks as assigned by the line manager or senior management from time to time.
What we’re looking for:
- Professional accounting qualifications (ACA, ACCA, CPA or similar qualification)
- 3+ years PQE, with the individual having qualified in a top 10 accounting firm
- Extensive knowledge of accounting principles and technical accounting skills (UK GAAP, FRS 101, IFRS, knowledge of US GAAP an advantage) including knowledge of regulations governing financial reporting (UK Companies Act 2006 and Irish Companies Act 2014)
- Proficient in drafting clear and concise disclosures and accurately preparing and analysing financial statements, including preparing technical accounting analyses and memos
- Proactively engage in staying updated on changes in accounting standards, regulations and industry best practices through ongoing professional development and training
- Understanding and appreciation of financial controls
- Experience with financial reporting tool (Workiva) and HFM is an advantage
- Strong analytical skills and problem-solving skills with the ability to think strategically and drive results
- Strong attention to detail and accuracy
- Ability to work under time pressure and manage multiple projects and prioritise tasks to meet tight deadlines
- Experience in working with multi-cultural and remote teams and effectively collaborate with cross-functional teams including finance, legal, tax, and external auditors
- Advanced proficiency in Microsoft Excel and PowerPoint skills
A snippet of what you’ll get in return:
- Make your day work for you with our flexible working hours.
- You decide what your holiday looks like with the option to buy or sell your holiday and carry over up to 5 days into the next year.
- Enjoy social events on our roof top terrace with views onto St Pauls Cathedral.
- Our fully equipped facilities include showers, hairdryers and straighteners and fresh towels.
- Start your day with a free breakfast, fresh fruit and snacks.
- Take a breather in our dedicated wellbeing room.
- Spend time with those important to you with our enhanced paid family policies.
- Test our products Skrill and Neteller. Upon joining we will award you £50 into each wallet.
- Enjoy our discounts on memberships via vitality including, gyms, leisure centres, yoga/Pilates across the country.
- Need a new Laptop or TV? We offer support purchasing Apple and LG products via Stormfront technology.
- Join our six employee-led equality communities and help foster a workplace that celebrates diversity and create opportunities to collaborate and learn.
- Give back to the community with four paid charity days.
- Kickstart your weekend early with our summer hours during the months of June, July and August with a 3pm finish every Friday.
- Let’s not forget, we also offer: Private health insurance (pre-existing conditions are included) & dental insurance, income protection, life assurance and more.
What to expect next:
- Phone screen with Talent Acquisition
- Video interview with the Hiring Manager.
- In-person interview
- Final HR interview with Talent Acquisition
If you’re successful joining the team, you’ll be meeting our CEO in person during our new joiners breakfast in London – a great opportunity to network with your peers.
Equal Employment Opportunity
Paysafe is an equal opportunity employer. We value diversity and are committed to providing a work environment of mutual respect to everyone without regard to race, color, religion, national origin, age, gender identity or expression, or any other characteristic protected by applicable laws, regulations and ordinances.
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Financial Reporting Accountant employer: Paysafe
Contact Detail:
Paysafe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Reporting Accountant
✨Tip Number 1
Network like a pro! Reach out to people in the finance sector, especially those who work at Paysafe or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for your interviews by brushing up on your technical knowledge. Make sure you can confidently discuss UK GAAP, IFRS, and any recent changes in financial reporting standards. We want to see that you're not just qualified, but also passionate about staying updated!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Think of examples where you've tackled complex financial issues or improved processes. We love candidates who can think strategically and drive results!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Paysafe team.
We think you need these skills to ace Financial Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Reporting Accountant role. Highlight your relevant experience, especially in financial reporting and compliance with accounting standards. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role at Paysafe and how your background makes you a perfect fit. Don’t forget to mention our values and how they resonate with you.
Showcase Your Technical Skills: Since this role requires proficiency in financial reporting tools like Workiva, make sure to highlight your technical skills. If you’ve got experience with UK GAAP or IFRS, let us know! We love candidates who can hit the ground running.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about life at Paysafe there!
How to prepare for a job interview at Paysafe
✨Know Your Numbers
As a Financial Reporting Accountant, you’ll need to be on top of your game with accounting principles. Brush up on UK GAAP, FRS 101, and IFRS standards before the interview. Be ready to discuss how you've applied these in your previous roles, especially if you've worked with statutory accounts.
✨Showcase Your Collaboration Skills
This role involves working with cross-functional teams and external auditors. Prepare examples of how you've successfully collaborated in the past. Think about specific projects where you gathered information or resolved issues with different departments.
✨Demonstrate Your Analytical Prowess
Strong analytical skills are crucial for this position. Be prepared to discuss how you've tackled complex financial problems or improved reporting processes. Bring along any relevant examples that highlight your strategic thinking and problem-solving abilities.
✨Familiarise Yourself with Workiva
Since proficiency in financial reporting tools like Workiva is important, make sure you understand its functionalities. If you have experience with it, be ready to share how you’ve used it to enhance reporting efficiency or accuracy in your previous roles.