Head of Finance (UK/Remote)

ZEN.COM is a smart financial app designed for your everyday life – at home and on the go. We make payments, online shopping, and personal finance management fast, secure, and effortless. With ZEN.COM, you can enjoy cashback on purchases, full control over your spending, and peace of mind thanks to purchase protection. A built-in multi-currency account lets you spend abroad or shop internationally with great exchange rates and no hidden fees.

Head of Finance in theFinance TeaminUK. The Head of Finance is responsible for leading the financial management, regulatory financial reporting, treasury oversight, safeguarding reconciliation oversight, financial control, and strategic financial planning of the FCA-regulated Electronic Money Institution (EMI). The role ensures the firm maintains robust financial governance, complies with all applicable regulations and requirements, and supports the CFO in providing the Board with assurance over the firm's financial resilience and regulatory capital.
The Head of Finance plays a key role in maintaining the firm's financial soundness, supporting regulatory interactions, and ensuring effective financial risk management.

Requirements:

• Qualified accountant (ACA, ACCA, CIMA or equivalent).
• Significant post-qualification experience in financial services.
• Experience within an FCA-regulated EMI, Payment Institution (PI), or banking environment.
• Strong understanding of:
  o Electronic Money Regulations 2011
  o Payment Services Regulations 2017
  o FCA Handbook
  o Safeguarding requirements
  o Prudential requirements for EMIs
  
• Experience producing Board-level financial reporting.

Experience managing external audits.

Strong treasury and liquidity management experience.

• Excellent knowledge of UK accounting standards (IFRS or UK GAAP).
• Experience implementing financial controls.
• Decision-making under pressure.

Nice to have:

• Experience with payment processing businesses.
• Experience with safeguarding reconciliations.
• Experience supporting FCA supervisory engagements.
• Experience with scaling fintech organizations.
• Knowledge of AML financial controls and operational resilience.

Responsibilities:

• Develop annual budgets and financial forecasts.
• Monitor financial performance against budget.
• Manage cash flow forecasting and liquidity.
• Produce financial analysis to support strategic decision making.
• Ensure profitability analysis across products and business lines.

Regulatory Finance

• Ensure compliance with the FCA requirements applicable to Electronic Money Institutions, including:
  o Own Funds calculations
  o Capital adequacy monitoring
  o Wind-down financial planning
  o Regulatory reporting
  o Support preparation of FCA regulatory returns
  

Safeguarding Oversight

• Oversee and be responsible for daily safeguarding reconciliations.
• Monitor segregation of safeguarded client funds.
• Review safeguarding calculations.
• Escalate safeguarding exceptions.
• Ensure safeguarding records are complete and auditable.
• Support safeguarding audits and regulatory reviews.
• Maintain an effective financial control framework, fostering a strong control culture across finance processes.
• Oversee month-end and year-end close.

Treasury Management

• Manage banking relationships.
• Forecast funding requirements.
• Oversee payment of suppliers and operational expenses.
• Optimize working capital while ensuring regulatory obligations are met.

Statutory Reporting

• Prepare annual statutory accounts.
• Manage relationships with external auditors.
• Ensure timely Companies House filings.
• Ensure compliance with accounting standards.

What we offer:

• Real influence on shaping the ZEN.COM.
• Work in an environment where innovation and effectiveness truly matter.
• Competitive salary and flexible working conditions.
• Internal and external training opportunities.

#J-18808-Ljbffr