Financial Accountant (Commercial)

Medium; City Of London; On-site; GBP 40,000 - 50,000; Full time

Job summary

A financial technology company in the UK is seeking a newly qualified accountant to assist with month-end accounting and manage receivables. The ideal candidate will possess strong communication skills and a financial qualification (e.g. ACA, CIMA, ACCA). This role offers a personal training budget and additional benefits such as discounted gym membership and a company pension plan.

Benefits

Personal training budget - £3000

Cycle to Work scheme

Discounted gym membership - £80 towards any gym

Corporate discounts via PerkBox

Travel loan

Pension plan

Health, Dental & Life Insurance

25 days annual leave plus Bank Holidays

Qualifications

• Newly qualified accountant with experience in a commercial environment preferable.
• Good knowledge of IFRS or similar accounting rules.

Responsibilities

• Assist with month-end accounting process for UK e-money institution.
• Manage open receivables and liaise with Customer Success team.
• Work with Commercial teams to provide finance oversight for fee calculations.

Skills

Strong written and verbal communication

Understanding of e-money payment services

Adaptability

Education

Financial qualification (e.g. ACA, CIMA, ACCA)

Job description

Who we are

OpenPayd builds universal financial infrastructure to power the growth of the digital economy, with rails-agnostic capabilities to move and manage money globally in real time, across traditional rails and stablecoins. The OpenPayd platform delivers banking and payments infrastructure: accounts in over 40 currencies, FX, on/off ramp, international and domestic payments, Open Banking services – all via a single API. A global network of licences and best-in-class technology enable us to serve 800+ enterprise clients processing over €130 billion annually.

How you will add value to the OpenPayd journey

• Assist with month-end accounting process for the Group’s UK based e-money institution – including reconciliation of cash and client accounts open positions currently around €450m-€500m
• Overall responsibility for managing open receivables, including liaising with Customer Success team to ensure recovery of aged balances
• Manage and coordinate introducer commission process from monthly calculations, statements, invoicing and payments and implement enhancements to this important process
• Work with Commercial and Customer Success teams to provide finance oversight of manual fee calculations and revenue share, including raising adjustments required in the back office platform and invoices where necessary, and ensuring all are correctly reflected in revenue reporting
• Work with Commercial and Customer Success teams on general fee-related issues
• Approve fees for new clients as part of the client onboarding process within our payments platform, and also for amendments to fees for existing clients
• Manage payments and recharges to clients made in accordance with the FCA mandated APP recovery scheme
• Work with the Deloitte external auditors to support the annual financial audit

The ideal candidate will have the following

• Newly qualified accountant with experience in a commercial environment preferable
• Understanding of e-money payment services is useful but not essential
• Strong written and verbal communication
• Financial qualification (e.g. ACA, CIMA, ACCA)
• Good knowledge of IFRS or similar accounting rules
• Forward-thinking and adaptable

Our perks and benefits

• Personal training budget - £3000
• Cycle to Work scheme
• Discounted gym membership - £80 towards any gym
• Corporate discounts via PerkBox
• Travel loan
• Company Pension plan
• Health, Dental & Life Insurance
• 25 days annual leave plus the Bank Holidays, extra day off for Birthday & Social Volunteering

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We are looking forward to receiving your CV.

OpenPayd Talent Team

To all recruitment agencies: OpenPayd does not accept speculative agency resumes. Please do not forward resumes to our jobs alias, OpenPayd employees or any other company location. OpenPayd is not responsible for any fees related to unsolicited resumes. OpenPayd will only accept CVs from partners with relevant agreement via the People and Talent team only.