Head Of Finance - experience of fintech or working in a regulatory environment essential - hybr[...] in London

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 providerof 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

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