Group Financial Controller (Fintech)

Black Pen Recruitment; Remote; ZAR 400 000 - 500 000; Full time

Job summary

A leading fintech company in Cape Town is seeking a Group Financial Controller to lead the Corporate Accounting and Financial Reporting teams. This role involves overseeing financial closing processes, managing monthly financial reports, and ensuring compliance with accounting standards. The ideal candidate will have over 7 years of experience in a relevant role, strong Netsuite knowledge, and excellent leadership and analytical skills. An opportunity for growth in a rapidly evolving industry.

Qualifications

• 7+ years of relevant post qualified experience in Group Reporting or Controlling.
• 3+ years experience managing teams.
• Strong attention to detail and ability to meet deadlines.

Responsibilities

• Lead the Corporate Accounting and Financial Reporting teams.
• Drive the month-end closing process ensuring accuracy and timeliness.
• Collaborate with finance teams for audits and ensure compliance.

Skills

Technical accounting skills

Excel proficiency

Financial reporting

Analytical mindset

Leadership

Communication skills

Project management

Education

Fully professionally qualified CA/ACA/ACCA/ACMA

Relevant degree (BA Finance, BA Accounting, MBA)

Tools

Netsuite

Job description

About the job Group Financial Controller (Fintech)

Our Client is a licensed and award winning fintech in the crypto/blockchain/payments space.

Purpose of role

The Group Financial Controller will lead the Corporate Accounting and Financial Reporting teams (5 direct and indirect reports), driving the month end closing process, including consolidation on Netsuite, to ensure timely financial reporting. Reporting to the VP of Finance, this exciting and challenging position involves extensive collaboration with the Finance team and senior leaders in the business.

Job Type

Full Time | Remote

Location

Cape Town, South Africa

Mandatory Requirements

• Fully professionally qualified CA/ACA/ACCA/ACMA
• 7+ years relevant post qualified experience (Group Reporting, Controlling)
• 3+ years experiencing managing teams
• Strong Netsuite experience, including Consolidation
• Experience working in Group or Regional Finance teams
• Previous experience in FinTech, ideally with exposure to Client Money, Stored Value Facilities or Custodial Services

Person Specifications

• Excellent technical accounting skills, able to teach complex concepts to team members
• Excellent Excel, financial reporting and reconciliation skills, analytical mindset
• Ability to grasp and navigate complex business problems and apply accounting solutions to them
• High ownership and performance driven, able to prioritize, multitask and work under pressure in a deadline driven environment
• Ability to summarize complex concepts clearly and concisely to senior internal and external stakeholders
• Self starter, confident to ask questions and challenge the status quo
• Natural leader, supporting team members with their tasks and development be the future senior finance managers of the organization.
• Strong attention to detail
• Get things done attitude
• Excellent English communication and presentation skills
• Agile and able to work in a rapidly evolving work environment and industry
• Proactive, fast learner, upholding our clients core Values
• Well-rounded project and people management skills.

Desirable Experience

• Previous experience in cryptocurrency
• Previous startup/growth stage company experience
• A financial educational background such as a BA Finance, BA Accounting, MBA or relevant degree

Responsibilities

• Lead the Corporate Accounting and Financial Reporting teams 5 direct and indirect reports
• Lead the Month End closing process, ensuring all finance teams close accurately and on time
• Consolidating monthly financial results for 40+ entities across 22 countries
• Manage the timely production of accurate monthly, quarterly and annual financial reports for internal and external stakeholders
• Ensure financial reports, management reports, financial records and documentation are accurate, up to date and produced on time.
• Ensure the Corporate Accounting Team performs financial checks on AP invoices are performed so that GL codes, cost centres and amortisation treatments are correctly applied
• Perform the final reviews of TBs by entity by month, analysing trends, identifying inconsistencies and explaining off-trend movements.
• Review monthly balance sheet reconciliations to ensure accuracy, identify discrepancies and ensure they are resolved
• Collaborate with the finance teams to prepare for year-end audits, ensuring all necessary documentation and records are in order.
• Launch monthly Cost Centre Dashboards and ensure department specialists within the Corporate Accounting Team meet with Cost Centre owners monthly to present historical costs and management information, and find out about upcoming projects and costs.
• Final review of statutory standalone and consolidated Group financial statements under IFRS and other international accounting standards.
• Perform analysis and technical accounting research (IFRS and international accounting standards).
• Ensuring appropriate documentation of accounting treatment of complex and judgemental transactions, including analysis, relevant literature, and conclusion.
• Ensure compliance with regulatory and statutory accounting and reporting requirements
• Step in to support team members on month-end procedures to ensure monthly closing happens on time.
• Continuous maintenance and improvement of templates and standard operating procedures
• Any other tasks and projects assigned by the VP Finance

Management

• Managing team members, monitoring performance and consistently providing feedback.
• Responsible for coaching and developing junior members of staff
• Weekly 1:1 meetings with direct reports and formal quarterly performance reviews
• Fostering a culture of excellence, knowledge sharing and continuous improvement at all levels within the Finance team