Financial Controller

• Are you curious, excited by experimentation and always looking for a better way of doing things?
• Do you want to keep learning and developing whilst getting hands-on, payment-building experience?
• Do you want to have the opportunity to support European expansion plans and be the Finance Business partner for Modulr Europe?

If so, we would love to hear from you!

We are looking to hire high-energy, and value-adding talent to join Modulr, the fastest growing payments business in the UK and Europe, to ensure all aspects of Modulr’s European financial reporting and returns (including regulatory) are accurate and compliant, and to work with the Group FP&A team on analysis and forecasting This is a great opportunity to own the finance function of a rapidly growing regulated business, reporting directly to the Group CFO.

About us

At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables thousands of businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products.

We have created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth.

We are deeply integrated into the payment eco-system. In the UK, we are direct participants in Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard across the UK and Europe.

Our regulatory permissions and governance structure underpin our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Highland Europe.

Modulr now has over 450 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai.

 Modulr values

• Building the extraordinary and going that extra mile.
• Owning the opportunity, be passionate and proud of the time you invest.
• Move at pace, reach your goals faster with us supporting you each step of the way.
• Achieve it together, working as a team and being Modulite.

The team

You will work closely with the Group Finance team (Uk based) and work closely with the General Manager (Europe) and be based in Amsterdam. Modulr has an office first policy, meaning we believe our scaling plans can only be achieve by the team being present in the office, fostering unplanned and cross-team interaction.

The role

Depending on the project, you will need to be comfortable doing the following:

• Ensure all aspects of Modulr’s European financial reporting and returns (including regulatory) are completed in an accurate, compliant, and timely manner.
• Own forecasting and planning for European regulatory capital requirements.
• Working with the group financial control team, prepare the monthly management accounts. including commentary for our two regulated subsidiaries Modulr Finance BV and Modulr FS Limited.
• Work with Group FP&A function to support creation of European forecasting and budget setting.
• Analyse and provide commentary on Modulr’s European financial performance, providing clear updates to the European GM, management, and supervisory boards.
• Support ad hoc and regular Modulr’s European reporting requirements including expansion plans.
• Support European expansion plans, bringing prior experience knowledge or carrying out research on in-country financial requirements. 
• Contribute to Modulr’s European internal control framework.
• Be accountable for European tax compliance and regulatory reporting by preparing information for Regulatory reporting and Tax Compliance with support from external tax partners, as necessary.
• Work with Modulr’s European Head of Risk and Compliance to identify financial and operational risks for management by European Management and Group Finance team.
• Support Modulr’s European external audits –including acting as a point of contact for European details.
• Build strong relationships with key stakeholders, including external advisers, to support delivery of work.

About you

The successful candidate will have a track-record in delivering results in a fast-moving business and hence be comfortable with change and uncertainty. Excellent stakeholder management experience is essential to being successful in this role.

The ideal candidate

• A professional accounting qualification.
• Likely in first years of working as a qualified accountant.
• Direct finance experience within the Netherlands, Dutch GAAP experience preferred.
• Problem solving experience and making data-backed decisions to drive performance and change.
• A love for collaboration, teamwork and delivering excellence.
• An eye for detail.
• A hands-on approach, concise and clear style.
• Strong written and verbal communication (in English), interpersonal and presentation skills.

Nice to have

• Prior experience in fast scaling businesses in financial services, SaaS or fintech.
• A broader understanding of branch reporting requirements in other European countries (e.g. IE, ES, FR, DE, IT, PT).
• European language capability – French, Spanish or German is a plus.
• NetSuite experience.

What can Modulr offer you

You will be part of a cross disciplinary team(s), some might be in Edinburgh, London, or Amsterdam. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow. Our culture and values are putting you first and are about investing in your future.

• Share Options Incentive Scheme.
• Company Bonus - the more successful we are together, the more company bonus we offer.
• Pension contributions.
• Flexible benefits contribution.
• Holiday allowance.
• Perkbox - enjoy freebies and discounts on many other products and services.
• 30 days holiday (including NL bank holidays) + your birthday off - choose which days you take off to relax and/or spend time with loved ones. 
• Learning Opportunities – on joining Modulr you will embark on our 3-day onboarding programme to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But we do not want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels and platforms to allow you to grow and develop in Modulr.  
• Modulr hands-on - join your colleagues for our company wide events throughout the year. 
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We have offices located in WeWork in Edinburgh (shortly moving to our own office), ScaleSpace in London, and WeWork in Amsterdam. 

ModInclusion

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all. We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms.  As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone.

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