Job Description
Seeking a Head of Finance to lead financial controls, reporting, and risk management for a growing fintech company.
Paysend EU DAC, a Central Bank of Ireland authorised Electronic Money Institution, is seeking a Head of Finance to lead the company's financial controls, reporting, and risk management. The successful candidate will be responsible for managing the day-to-day finance function, including preparation of management and statutory accounts, and overseeing all financial control activities.
The Head of Finance will be a key member of the Executive Committee and will report directly to the CEO. The role will involve leading a small team of finance experts and aiding with their development. The company offers a hybrid work arrangement, with flexibility to work from home and the Dublin office.
The Head of Finance will be responsible for:
- Management of day-to-day finance function, including preparation of management and statutory accounts and annual filings.
- Lead External Audit engagements and Internal Audit review and subsequent closure of any relevant recommendations.
- Reporting to the Central Bank of Ireland and fulfilling all regulatory requirements in relation to E-Money institution.
- Management of CESOP reporting to each tax administration on cross-border payments.
- Management of all Finance related risks together with actions to mitigate risks.
- Ensuring that Safeguarding accounts are appropriately reconciled daily to the firm's internal records.
- Management of all Finance Policies, including Safeguarding Organisational Arrangements.
- Regularly monitoring the firm's capital adequacy to ensure that sufficient own funds are maintained at all times.
- Providing executive management with high-quality financial information, summarising budget trends, analysing deficiencies and reporting variances.
- Representing Finance on Executive Committees and reporting to the board on all Finance related matters.
- Management of Payroll and Corporate Bank Accounts.
- Understanding of payments business processes and development of systems and procedures to ensure strong financial controls are maintained.
- Manage statutory tax reporting for indirect and direct taxation.
- Manage cash flow by tracking transactions and regularly reviewing internal reports.
- Supporting group projects and deliverables.
- Supervise and manage PS EU DAC financial control team.
The ideal candidate will have:
- Experience within regulated companies reporting to the Central Bank of Ireland.
- Experience of leading Financial services audits with external auditors.
- Fully qualified Accountant (ACA / ACCA / CIMA) with at least 7 years post qualification experience.
- Solid knowledge of accounting, financial reporting and tax.
- Strong analytical skills and advanced Excel.
- Excellent written and verbal communication.
- Strong focus on controls and processes and a high attention to detail.
- Up-to-date technical skills and confident preparing IFRS financial statements.
- The ability to work closely with external advisers (audit and accounting).
- Strong written and verbal communication skills.
- Strong people manager who can evidence development of staff.
Ideally, the candidate will also have:
- High growth tech experience (preferably FinTech), as well as having experienced best practice in a larger organisation or external audit company.
- High energy and creativity, an entrepreneurial spirit and the ability to work autonomously in a fast growth and changing environment.
- Understanding of the payments industry.
- Deep understanding of NetSuite.