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Group Financial Controller

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Paysend

2mo ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Banking & Finance
  • London

AI generated summary

  • You must be a qualified accountant with 5+ years' experience, strong leadership, attention to detail, analytical skills, IFRS/GAAP knowledge, and ability to manage multi-currency environments.
  • You will manage finance functions, prepare accounts, oversee financial controls, ensure compliance, facilitate audits, supervise the finance team, and collaborate with senior management.

Requirements

  • Strong people leader who can evidence development of staff
  • Very strong focus on controls, process improvement and a high attention to detail
  • High degree of resilience and ability to multi-task
  • Results delivery mind-set
  • Comfortable working with multi-currency, multi-entity environment and preparing consolidated accounts
  • Strong analytical skills, IT literacy (incl advanced Excel) and aptitude for continuous learning
  • Ability and desire to take on automation projects and challenges
  • Up-to-date technical skills and confident preparing IFRS and GAAP financial statements
  • Good working / practical knowledge of direct and indirect taxation
  • The ability and experience to work closely with external advisers (audit and accounting)
  • Excellent written and verbal communication
  • Fully qualified Accountant (ACA / ACCA) with at least 5 years post qualification experience
  • Ability to travel from time to time to other global offices as required

Responsibilities

  • Management of day-to-day finance function including preparation of consolidated management and statutory accounts (for the Group and individual entities)
  • Overseeing all financial control activities, e.g., month-end close process, preparation and review of management accounts, comprehensive balance sheet substantiation
  • Understanding of payments business processes and development of systems and procedures to ensure strong financial controls are maintained. Understanding the flow of funds for new and existing products and how they should be accounted for.
  • Approval of corporate payments and related cash flow management
  • Assisting the compliance and treasury teams with regulatory and safeguarding reporting, including ownership of financial data
  • Monitoring the capital adequacy in the UK and selected overseas jurisdictions
  • Ensure the reliability of the financial reporting (internal and external reporting)
  • Prepare the accounts for company entities by applying all the valuations and accounting rules laid down by the relevant accounting laws and regulations
  • Function as the lead contact with the external auditors, facilitating the yearly audit process with a proactive approach
  • Manage statutory tax reporting for indirect and direct taxation, both in UK and for selected foreign subsidiaries
  • Report on and manage cash flow in conjunction with Treasury
  • Supervise and manage financial control team
  • Drive and participate in key finance and company-wide projects and initiatives
  • Working closely with senior management team including founders

FAQs

What is the location requirement for the Group Financial Controller position?

The candidate needs to be based within commutable distance to London for this hybrid role.

What kind of experience is required for the Group Financial Controller role?

Candidates should be fully qualified accountants (ACA/ACCA) with at least 5 years of post-qualification experience, preferably with experience in a high-growth tech environment or financial services.

How many people will the Group Financial Controller be managing?

The Group Financial Controller will be leading a sizeable team of over 10 accountants and settlement specialists.

What is the focus of the Group Financial Controller's responsibilities?

The focus includes managing global financial management, corporate accounting, regulatory and financial reporting, international tax compliance, improving processes and controls, and driving automation.

What skills are important for the Group Financial Controller position?

Important skills include strong analytical capabilities, IT literacy (including advanced Excel), attention to detail, a focus on process improvement, and excellent communication abilities.

Will the Group Financial Controller need to travel?

Yes, the role may require occasional travel to other global offices as needed.

What type of company culture does Paysend promote?

Paysend promotes a culture of innovation, empowerment, collaboration, and creativity, encouraging employees to contribute fully to their roles.

What financial reporting standards should the candidate be familiar with?

The candidate should have up-to-date technical skills and confidence in preparing IFRS and GAAP financial statements.

Is prior experience in financial services or regulated environments desirable?

Yes, previous exposure to a regulated or financial services entity environment is considered desirable.

What is the role of the Group Financial Controller in relation to external auditors?

The Group Financial Controller will function as the lead contact with external auditors, facilitating the yearly audit process with a proactive approach.

Paysend is a global FinTech disruptor. Listed in the FT 1000: Europe’s Fastest Growing Companies of 2023.

Finance
Industry
201-500
Employees
2017
Founded Year

Mission & Purpose

At Paysend, we're on a mission to deliver the World's Simplest Money Transfer. Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs. Paysend can send money to over 170 countries worldwide and has attracted more than six million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors. Paysend: Simple Money Transfer Download the Paysend app from the App Store or Google Play.

Benefits

  • Learning

  • Community

  • Culture Exchanges

  • Competitive Salary

  • Working from home

  • Flexible working hours