Regional Finance Manager - Northern Europe

MoneyGram; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Regional Finance Manager to oversee financial management for Northern Europe. This pivotal role involves guiding financial strategies, conducting insightful analyses, and ensuring compliance within a hybrid work environment. You'll collaborate with diverse teams, drive budgeting processes, and present key financial insights to senior leadership. Join a dynamic team committed to innovation and excellence in financial services, where your contributions will shape the future of money movement and payment solutions. If you have a passion for finance and a desire to make a meaningful impact, this opportunity is for you!

Benefits

Comprehensive Health Insurance

Life and Accident Insurance

Pension Program

Gym Membership Stipend

Income Protection

Childcare Vouchers

Season Ticket Loan

Cycle to Work Scheme

Community Service Days

Tuition Reimbursement

Qualifications

• 7-10 years of experience in Finance or FP&A environment.
• Strong quantitative and analytical skills with a proven track record.

Responsibilities

• Manage financial reporting, budgeting, and forecasting for Northern Europe.
• Provide strategic financial support to Regional Heads of Sales.

Skills

Financial Management

Analytical Skills

Business Partnering

Regulatory Knowledge

Communication Skills

Process Improvement

Quantitative Skills

Education

Qualified Accountant

Professional Body Affiliation

Tools

Microsoft Excel

Essbase

Oracle EBS

Cognos Analytics

Job description

Job Description - Regional Finance Manager - Northern Europe (25010208)

This position is based in London, UK. It’s hybrid model of work, which means you will have to combine working in the office and working from home.

Who we are:

MoneyGram is a customer-centric, digital-first, cross-border money movement network. Through our strong culture of fintech innovation, we’re transforming the way consumers and businesses send and receive money in nearly every country around the world.

Thanks to our cutting-edge platform and strategic partnerships with some of the world’s leading brands, we are helping our millions of customers globally do more with their money through a comprehensive suite of digital and in-person products and services.

This is all made possible by our dedicated and diverse team of professionals around the world. If you’re ready for a career journey filled with exciting opportunities, come aboard and let’s drive the future of payments together at MoneyGram!

The Numbers:

• We serve over 50 million people every year in over 200 countries and territories.
• We're a global team of over 2,000 from 36 countries around the world.
• We process over $200 billion annually with digital transactions now making up about 50% of our money transfer business.
• We’re known for our strong culture globally, demonstrated by:
• “Top Workplaces USA” award winner (three consecutive years in a row!)
• One of the “Best Places to Work” in the Middle East
• Winner of many regional awards, such as “Friendly Workplace in Poland” and “Top Workplace in DFW” by The Dallas Morning News

What you will contribute:

The Regional Finance Leader will be responsible for financial management of the Northern Europe business channels and provides day-to-day and strategic financial support to the Regional Heads of Sales for Northern Europe. This will involve managing Channel P&Ls, monthly financial reporting and analysis, budgeting and forecasting, due diligence on new initiatives and business opportunities, financial modelling, pricing, sales incentives, margin review, and creation and maintenance of dashboards indicating financial performance, agent performance and general business trends. In addition, the role will assist with the financial safety and soundness oversight including operational resilience within the company’s regulatory framework and ensure the Global Finance functions deliver the services and support required by the Sales Channels/Region.

The role reports to the Head of Financial, Planning & Analysis – Europe, Russia, and CIS.

What you'll do:

• Provide guidance and support to the Regional Heads of Sales for Northern Europe, the wider channel teams, and Global Finance teams in financial matters, to assist in achieving channel and regional objectives.
• Conduct monthly reporting and insightful analysis for review with Channel and Regional teams and Global finance teams.
• Drive the forecast and budget processes that link into the corporate planning requirements and deadlines. Present budget plans with emphasis on revenue and profitability management.
• Preparation of regulated entity board meeting material including Safety and Soundness reviews, financial resilience reviews, financial stress testing, capital adequacy tracking and safeguarding funds management.
• Perform business case analysis and due diligence on new initiatives and business opportunities for the region.
• Financial tracking of key business initiatives.
• Create insightful reports and analytics that can eventually translate into action with focus on the big picture and higher value at stake.
• Prepare comprehensive financial and general business presentations that reflect strong strategic thinking and analysis.
• Summarize and present key findings, recommendations, opportunities, and risks to senior leadership & functional teams.
• Collaborate with other finance peers to understand costs allocated to the designated business unit, direct expenses, and headcount.
• Guide decisions related to the pricing of product and services, deal structure and revenue recognition.
• Provide cross Channel and Regional co-ordination and guidance for reporting, new business activity and Investment approvals at a corporate level.
• Work with centralized reporting teams to ensure that they provide adequate daily/monthly reporting for your specific region.
• Ensure that local finance requirements are communicated to and actioned by the Global functional teams:
• Treasury: assist in the relationships with local bank partners. Co-ordinate with global treasury centres in Dallas and London to assist with local banking relationships and Central Bank requirements as needed.
• Accounting: may need to assist in audits, review and submission of statutory, local GAAP and fiscal reports and tax returns. Coordinate with Global Accounting department on appropriate accounting treatment for any financial transactions.
• Settlement and Commissions: assist with oversight and management of prefunding and commission settlement of the agent network.
• Assist with the preparation and/or periodic updating of internal control and risk management documentation and flows.
• Provide input and support to the Head of Financial, Planning & Analysis – Europe and Africa as required on ad hoc initiatives.
• Perform other duties as required.

What we’re looking for:

• Proven experience in Finance or FP&A environment (7-10 years) - qualified accountant/professional body affiliation preferred.
• Strong understanding of regulatory framework in financial services and for payment institutions in particular.
• Strong and proven business partnering and relationship building skills.
• Self-driven individual with proven track record working in high growth fast paced environment.
• Must possess strong quantitative and analytical skills with ability to adapt skills to a wide variety of changing analytical situations.
• Excellent ability to interpret financial results and business indicators to identify trends and opportunities.
• Proven experience in building financial models (e.g., pricing, market elasticity, scenario analysis, market analysis, valuation) and using these models to drive and improve business results.
• Clear, concise oral and written communication skills with the ability to interact and present with all levels within an organization.
• Strong organisational skills, ability to manage conflicting priorities and co-ordinate several tasks simultaneously.
• Must have a strong desire to succeed in a very dynamic environment.
• Demonstrated experience in implementing process improvement to business planning, forecasting and management reporting activities.
• Proficiency in Microsoft Office applications is a must – Excel, Word, PowerPoint.
• Working knowledge of databases is required (Essbase, Oracle EBS and Cognos Analytics).
• Ability to deliver under pressure and tight deadlines while engaging in effective dialogue aimed at delivering results.
• Ability to delegate work assignments, empower others and give authority to work independently, set expectations and monitor delegated activities.

Why you will love working here:

Your future is in your hands.

When you start a career at MoneyGram, you join a talented and motivated team that builds the success of a trusted, global provider of innovative money transfer and payment services.

Here are some reasons it is so easy to love your career with us!

• Comprehensive Health Insurance - Full coverage, including dental care. Stay healthy and worry-free!
• Life and Accident Insurance - Peace of mind with coverage that protects you and your loved ones.
• Pension Program - Secure your future with our robust pension plan, ensuring a comfortable retirement.
• Gym Membership Stipend - Stay fit and healthy with our gym membership stipend. Your wellness is our priority.
• Income Protection - Safeguard your income with our comprehensive income protection plan.
• Childcare vouchers - to help you save on childcare costs and ensure your family is well-supported while you focus on your career.
• Convenient Commuting Options:
• Season Ticket Loan - Simplify your daily commute with our interest-free season ticket loan, making your journey to work cost-effective and hassle-free.
• Cycle to Work Scheme - Embrace a healthier lifestyle and reduce your carbon footprint with our Cycle to Work scheme. Enjoy significant savings on a brand-new bike and accessories, all while promoting a greener way to commute.
• Community Service Days - Make a difference! Enjoy paid days off to volunteer and give back to your community.
• Tuition Reimbursement - Invest in your future with our tuition reimbursement program. We support your educational and career growth.
• Transfer Fee Reimbursement - Smooth transitions with reimbursement for any transfer-related fees. We’ve got you covered.
• Employee Assistance Program - Access to confidential counseling and support services for personal and professional well-being.
• Employee Referral Program - Help us grow our team! Earn rewards for referring talented friends and colleagues.

At MoneyGram, we celebrate the inclusivity and diversity of our employees. We're committed to promoting a respectful workplace where every applicant gets an equal opportunity to work at MoneyGram. We prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.