Finance Director | Fast Growth Fintech Start-Up (Series C) | London

Harmonic Finance are delighted to have been Retained by one of the UK's fastest growing Fintech start-ups. They have developed technology that is set unlock the full potential of payment cards providing the financial infrastructure that offers clients and users a giant leap forward in open banking technology by bringing the flow of transaction data into 'real-time'. This is revolutionising how companies and users interact by driving real-time engagements.

Having raised over $20m in Series A & B from some of the world's leading VC funds they are about to announce a $50m Series C to continue their rapid expansion.

Forecasting revenue growth of over 300% year on year following the launch of a second innovative product line they can boast relationships with the world's largest card networks including Visa and American Express and a selection of the world's best known Financial Services, Tech, Retail and E-commerce businesses, offering them scope to expand quickly into new geographic regions including the Middle East, Southeast Asia and South America in the next 2 years.

With a beautiful HQ in London and new offices in the USA and Europe they are expecting to grow headcount from circa 100 to over 300 in the coming years. With a team of exceptionally talented, bright and passionate people who are excited about building the next major UK Fintech success story they have a culture of trust and autonomy to make decisions and have massive impact.

The role:

Working closely with a brilliant CFO with extensive experience in Investment Banking and start-ups, the Finance Director will have ultimate responsibility for owning and scaling the Finance & Accounting function as the business grows internationally.

Key deliverables in the role will centre around implementing and ensuring world class Financial Reporting & Accounting processes are implemented, a new ERP system is selected and implemented to facilitate more seamless expansion and effective management and build out of the Finance function over time.

Responsibilities:

• Build an environment that enables the CFO and Management Team to access quick and accurate financial information
• Build and develop a high performing Finance team (currently 3 with an excellent Financial Controller)
• Overall responsibility for the delivery of timely, accurate Month-End and Management Accounting
• Overall responsibility for the implementation of robust Financial Controls and Reporting processes under IFRS
• Select and implement a new ERP system to support the next phase of expansion
• Oversight of the monthly and annual Group Consolidation process including VAT, payroll and HMRC filings
• Establish and own the Annual Budgeting process building relationships with non-Finance stakeholders and the Leadership team
• Manage the Group cash flow forecasting process
• Own the production of Financial Reporting and analysis for the VC Investors liaising with them regularly
• Oversee the completion of the annual Statutory Accounts and delivery of the Audit process at a Group level and for regional subsidiaries
• Ensure excellent relationships with external auditors and tax advisors ensuring international compliance from a Finance & Accounting standpoint
• Review and implement process improvements driving automation across Finance
• Support the CFO with ad-hoc projects supporting international growth and Fundraising

What we need to see (Essential):

• Qualified ACA, ACCA, CIMA
• Excellent leadership skills
• Technically strong with a passion of implementing new processes
• Exposure to international entities (ideally USA)
• Proactive with great communication skills
• Able to build relationships across the business to drive performance

What we'd like to see (Non-Essential):

• Experience in a fast growth Tech start-up or scale-up (VC or PE Backed)
• Fintech or SaaS (software-as-a-Service) experience
• Experience implementing a new ERP system
• Demonstrable experience building and managing a rounded, impactful Finance function

Location:

• Central London (Hybrid model with ideally 3 days a week in the office)

Salary: £120,000 - £140,000 + share options

Please get in touch at for more information.

Please feel free to circulate this with any friends or contacts that may be interested.

Follow us on Twitter: @HarmonicGroupHQ