Finance Manager

Finance Full Time London, United Kingdom

Job Description Finance Manager for myPOS Europe  

Job Title: Finance Manager

Contract: Full Time

Department: Finance

Location: The Shard, London

Background: myPOS Europe Ltd (MPE) is seeking a qualified accountant to strengthen its Finance team in London. MPE is an FCA regulated Electronic Money Institution with over 40,000 active customers across Europe. MyPOS is disrupting the market with an unprecedented ‘one-stop-shop’ solution for MSMEs, helping them grow and overcome payments acceptance challenges. This is an excellent opportunity for an accountant to develop a career within a fast growing FinTech business. The London Finance team is supported by a larger team in Varna (Bulgaria).

Main purpose of role: 

To provide all round support to the Head of Finance in London.  To ensure financial reporting and control is high quality and effective. To help develop financial systems, processes and procedures to allow myPOS to grow.  To provide high quality financial information and analysis to myPOS management.

 

Key Tasks: 

  • Daily review of financial flows and cash position
              • Ensuring appropriate booking of MPE accounting entries
  • Preparation and review of the Reconciliations.
  • Preparation of monthly management accounts and board packs 
  • Cash management
  • Payment processing and approval
  • Client funds reconciliation and assurance of regulatory requirements in relation to segregation
  • MPE budgeting and forecasting
  • Capital adequacy calculation and forecasting
  • Proofing and review of balance sheet accounts
  • Highlighting and resolving or escalating accounting issues and errors
  • Liaising with/managing Varna accounting team to ensure accounting performed on a timely and appropriate basis
  • Liaison with external auditors
  • Preparation of annual regulatory returns
  • Preparation of KPIs and further financial analytics
  • Development and improvement of financial processes and controls including appropriate documentation
  • Ad hoc projects and requests as required by senior management

 

 Personal experience and attributes:

  • Qualified accountant (ACA/CIMA/ACCA) educated to degree level
  • Experience of working within (or exposure to, through audit) a regulated entity
  • Should be control focused but able to think innovatively/implement new ideas
  • Confident personality able to liaise across functions and internationally
  • Good oral and written communication skills
  •  Ability to interact with staff at all levels
  • Energy, drive and ‘can-do attitude
  • Payments/banking/fintech experience useful though not essential
  • Exposure to client funds/segregation accounting useful
  • Advanced Excel and generally IT literate

 

Responsible for:

· No direct reports in London but indirectly may be required to manage one or two staff in Varna

  

Reporting to:  Head of Finance

Travel required: Occasional possible

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