Head of Finance & Safeguarding

ABF Pay; Dublin; On-site; EUR 110,000 - 150,000; Full time

Job summary

ABF Pay in Dublin leads the financial control environment for a payments business, reporting to the Chief Executive with a dotted line to the Chair of the Audit, Risk and Compliance Committee. The role combines Head of Finance (PCF-11) and Head of Safeguarding (PCF-56).

The successful candidate will own regulatory capital, safeguarding client funds, Central Bank reporting, and overall financial controls, including budgeting, forecasting and statutory accounts.

Qualifications

• Qualified accountant with ACA/ACCA/CIMA.
• PCF-11 approval from the Central Bank of Ireland.
• Minimum 5 years in a senior finance role at a regulated financial services firm in Ireland/EEA.
• Experience with client asset or safeguarding reconciliation under CASS/Electronic Money Regulations.
• Experience preparing regulatory returns for a competent authority.
• Ability to meet Central Bank Fitness and Probity Standards, including police certificate/vetting.

Responsibilities

• Regulatory capital monitoring and own funds calculation under Electronic Money Regulations, and capital plan.
• Safeguarding — policy, daily client funds reconciliation, and audit process with banking partners.
• Central Bank reporting — quarterly prudential return and reporting calendar.
• Financial control — management accounts, statutory accounts, audit relationship, budgeting and forecasting.

Education

ACA, ACCA or CIMA

PCF-11 approval (Head of Finance)

Job description

We are building a payments business in Dublin and we are looking for the person who will own its financial control environment and the protection of its customers’ money.

The role

This will be a dual pre-approved controlled function appointment — Head of Finance (PCF-11) and Head of Safeguarding (PCF-56) — reporting to the Chief Executive with an independent line to the Chair of the Audit, Risk and Compliance Committee.

You would own:

• Regulatory capital — the own funds calculation under the Electronic Money Regulations, monitoring against the internal buffer, and the capital plan
• Safeguarding — the policy, the daily reconciliation of customer funds, the acknowledgement letters with our banking partners, and the annual independent audit
• Central Bank reporting — the quarterly prudential return and the wider reporting calendar
• Financial control — management accounts, statutory accounts, the audit relationship, budgeting and forecasting

What we are looking for

• A qualified accountant — ACA, ACCA or CIMA
• A current or previous PCF-11 (Head of Finance) approval from the Central Bank of Ireland
• At least five years in a senior finance role at a regulated financial services firm in Ireland or the EEA
• Experience of client asset or safeguarding reconciliation — under CASS, the Client Asset Requirements or the Electronic Money Regulations — where you owned the process rather than reviewed it
• Experience preparing regulatory returns for a competent authority
• Ability to satisfy the Central Bank’s Fitness and Probity Standards for both controlled functions, including a current police certificate or Garda vetting as applicable
• Dublin-based, or a substantial and sustained Dublin presence
• Useful but not essential: a current or previous PCF-56 approval, payment or e-money institution experience, or experience of a Central Bank authorisation process.