Finance Director
Posted 2 days 14 hours ago by Clear Junction Group
Clear Junction is a global payments company, licensed and regulated by the FCA in the UK, that offers regulated end-to-end payment solutions based on proprietary in-house technology. The company's infrastructure is designed to meet the growing needs of global financial companies.
Founded in 2016, the business has seen double-digit growth year on year, with over 130 fintech professionals now based across the UK and mainland Europe. Clear Junction is ranked number one in the FEBE Growth 100 list as the fastest-growing, founder-led, privately owned business in the UK. We have also recently been named one of the fastest-growing privately held companies on The Sunday Times 100 List.
As the Finance Director, you will oversee the financial strategy, management, and operations of the company, as well as playing a crucial role in shaping and guiding the company's HR strategy. This dual responsibility involves leading the Finance Department to ensure robust financial management, regulatory compliance, and strategic financial planning, while also overseeing the HR function to develop talent strategies and maintain a positive company culture. This role will be reporting directly to the CEO.
Key Responsibilities
- Lead and manage the Finance Department, including hiring, training, mentoring, and performance reviews of department staff.
- Be a mentor and a leader to the Finance and HR teams to ensure they can carry out their responsibilities to the required standard.
- Develop and implement financial policies and procedures, including client money segregation, payments, FX conversions, liquidity management, and capital management.
- Oversee the preparation and presentation of internal and external financial reports, including managerial and financial accounting, tax reporting, and statutory financial reporting.
- Manage the company's budgeting process, including annual budget preparation, forecasting, and performance analysis.
- Manage payroll accounting, including salary calculations, deductions, reconciliations, and compliance with tax legislation.
- Manage operational relationships with partner banks and financial service providers, assessing financial soundness and managing financial risks.
- Oversee capital management processes, including capital calculations, reviews, and discussions on capital requirements.
- Manage internal and external financial and safeguarding audit processes, ensuring timely and accurate financial reporting.
- Maintain relationships with regulatory bodies (e.g., FCA) and ensure compliance with all financial and HR-related regulations.
- Contribute to the development and enhancement of company products, ensuring alignment with financial objectives.
- Work closely with other departments to align financial strategies with overall company goals, including KPIs and performance metrics.
- Oversee the HR function including:
- Develop and implement talent strategies
- Developing compensation plans in collaboration with the CEO and department heads
- Administer or oversee the administration of HR activities
- Handle employee's queries and issues
- Develop and monitor HR-related policies and ensure compliance with employment legislation
Minimum Requirements
- Bachelor's degree in Finance, Accounting, or a Professional Accounting Qualification (ACA, ACCA, CIMA) preferred.
- Extensive experience in financial management, including budgeting, forecasting, accounting, and reporting as well as Treasury Management.
- Knowledge of Global banking systems and payment schemes.
- Established experience and skills in a similar capacity in the banking/fintech/payments space in a director-level role.
- Proven leadership experience in managing finance teams and HR functions.
- Strong understanding of financial regulations and compliance requirements, including Client Money rules and regulations.
- Excellent communication, collaboration, and strategic thinking skills.
- Ability to work under pressure and meet tight deadlines.
- A can-do attitude to make a positive contribution to the company.
Benefits
- Access to the Company Bonus Scheme.
- 25 days holiday (plus bank holidays).
- Life assurance and critical illness protection.
- Private medical after probation period (including Dental Cover and Cashback Plan).
- EAP Support.
- Enhanced Pension Scheme (Salary Sacrifice).
- Hybrid Working (minimum 3 days a week in the London office).
- Work in a friendly, growing team.