Senior Accountant - Hybrid Working

Posted 19 Hours Ago
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London, Greater London, England
Senior level
Fintech • Payments • Financial Services
The Role
The Senior Accountant will oversee payroll and accounts payable functions, manage a team, prepare reconciliations, analyze financial performance, and partner with teams across multiple regions. Additionally, the role involves supporting audits and improving financial reporting systems related to accounting and reporting.
Summary Generated by Built In

At Paysend, we're on a mission to deliver the World's Simplest Money Transfer.

Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.

Paysend can send money to over 170 countries worldwide and has attracted more than seven million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors.

Our success is built on supreme technology, friendly customer service and, of course, the very best talent in the FinTech industry. We’re looking for the future gamechangers of FinTech to join us as we positively disrupt the personal and business payments markets and make financial services more accessible and inclusive for individuals and small businesses around the world.

Every day is a new challenge at Paysend, and we approach each project with ambition, innovation and creativity.

We are looking for a strong accounting professional with up-to-date technical knowledge of UK GAAP and IFRS accounting standards as well as experience in designing, setting up and improving financial reporting systems. Payments industry exposure, international tax, and experience leading accounts payable and payroll teams would be an advantage.

This role will report to the Group Finance Controller and working across the CFO team to assist with the daily, weekly and monthly processes linked to accounts payable and payroll functions, review and/or preparation of month and year-end reconciliations, taking responsibility for month end close and annual audit  for one or more legal entities, improving ERP capabilities in relation to accounting and reporting, deputising for Group FC during periods of their absence – and performing other ad-hoc tasks assigned by the Group FC, Finance Director or Group CFO.

We have our head office in London. Ideally you will be located within commutable distance of London office and are required to be present in the London office at least once a week. We offer hybrid working with around 20-50% of your time to be able to be in a hub location.

What you’ll be doing:

  • Global oversight of the Payroll function in paysend, approving payroll and payments and booking payroll related journals as part of month end.
  • Oversight of AP function including PO creation and approval, invoice processing and weekly payment of suppliers.
  • Managing a team AP and Payroll accountants
  • Proposing and posting journal entries related both to payroll/AP as well as other assigned areas
  • Preparing bank reconciliations and supporting Cash Book preparation and bank transaction posting when required
  • Monthly Balance Sheet reconciliations
  • Monthly analysis and explanation of Profit & Loss and Balance Sheet movements vs Budgets
  • Business Partnering across multiple regions: Europe, North America, APAC
  • Support Group financial controller on audit queries
  • Take responsibility for facilitating annual or ad-hoc audit on one or more group entities
    Prepare annual financial statements for one or more group entities
    Preparing and reviewing tax calculations
  • System and process improvement projects
    Assist Group financial controller, Finance Director or Group CFO on other key projects where required

What you’ll need to be successful in the role

  • Fully qualified accountant ACCA/ACA
  • Post qualified experience 3 years+
  • Knowledge of UK & Irish GAAP and IFRS
  • Excellent core accounting competency
  • Solid knowledge of financial reporting and tax.
  • Strong working knowledge of spreadsheets/Power query
  • Experience using any of the big accounting software: SAP, Oracle NetSuite

What skills will be of benefit in this role

  • Strong technical capabilities and ability to contribute to automation and process improvement projects
  • High growth tech experience (preferably FinTech), as well as having experienced best practice in a larger organisation or external audit company
  • Understanding of the payments industry
  • Functional understanding of NetSuite


Why Paysend?

We’re looking for people who share our passion for innovation, buy into the Paysend ethos and add value to our team. When you join Paysend, you’ll have the chance to grow and develop as the business does.

We believe in empowering people to be successful in their jobs, and we pay them fairly for their expertise. We give everyone the context and tools to operate as business owners and encourage our people to contribute with their hearts, minds and creativity.

In the fast-paced FinTech industry the Paysend journey may not always be easy, but we succeed by working together to create solutions that break the status quo. We employ the right people to help us steer the business towards success and global influence.

If Paysend sounds like the perfect company for you, we’d love to hear from you! 

The Company
London
500 Employees
On-site Workplace
Year Founded: 2017

What We Do

At Paysend, we're on a mission to deliver the World's Simplest Money Transfer. Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs. Paysend can send money to over 170 countries worldwide and has attracted more than six million consumers to its platform. As a global end-to-end payment platform, Paysend has a global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal members and certified processors. Paysend: Simple Money Transfer Download the Paysend app from the App Store or Google Play

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