Finance Director (UK)

KDMS Payments Limited is part of the Kadmos Group with headquarters in Berlin, Germany, and is currently applying to become a licensed e-money institution with the FCA.

Kadmos Technologies has been operating since December 2022 via a partnership with BAAS provider. Kadmos offers a salary payment solution aimed at migrant workers in the maritime industry and the companies that employ them.

KDMS Payments Limited is seeking an experienced Financial Director to oversee its treasury operations, e-money management, liquidity, and optimize its financial resources. This role will play a crucial part in ensuring the financial stability and growth of the organization while adhering to regulatory requirements.

Since we're an early-stage start-up, you will need to be comfortable with change as well as be willing to bring new ideas to the table. Join us and become part of our journey to empower the lives of millions!

What you can expect

Regulatory Compliance and Treasury Management:

• Development and implementation of safeguarding and reconciliation procedures in line with safeguarding policies and regulatory requirements.
• Day to day management of e-money, treasury operations, safeguarding accounts, reconciliation, cash management and liquidity forecasting
• Ensure compliance with relevant regulations and reporting requirements for e-money institutions.
• Liaise with regulatory bodies, bankers and auditors as needed; act has principal relationship manager with the bank
• Develop and implement non e-money treasury policies and procedures to optimise cash flow and manage financial risk.
• Oversight and supervision of general day-to-day accounting processes including cash/debt management outsourced to Kadmos Technologies.
• Oversight and supervision of the company's TAX and VAT affairs outsourced to Kadmos Technologies.

Liquidity Management:

• Monitor cash positions and liquidity needs, monitoring of thresholds and trigger events as set out in the operations manual
• Analyse e-money cash flow patterns and develop strategies to enhance liquidity and reduce costs.

Financial Reporting and Analysis:

• Prepare and present regular financial reports to senior management, providing insights into cash flow trends, treasury performance, and financial risks.
• Conduct financial analysis to support decision-making regarding investments, funding, and capital allocation.
• Preparation and submission of statutory reports and accounts.

Risk Management:

• Identify and assess financial risks associated with liquidity, interest rates, and foreign exchange, and support the MLRO in developing risk mitigation strategies.
• Implement hedging strategies to minimise exposure to market fluctuations.

Team Leadership:

• Member of the senior leadership team at KDMS Payments Ltd, fostering a culture of collaboration and continuous improvement.
• Coordinate with other departments in the Kadmos group, including finance, operations, and compliance, to ensure alignment on financial goals and strategies.

Strategic Planning:

• Collaborate with the Board of Directors and senior leadership on financial strategy and long-term financial planning, regulatory and safeguarding matters.
• Support the evaluation of new business opportunities and investment projects.

What you bring along

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; Master's degree or professional certification (e.g., CIMA, ACA, ACCA) preferred.
• Minimum of 5 years of qualified working experience in a regulated environment, management of safeguarded funds, e-money, financial analysis, related role, within the financial services or fintech sector.
• Strong understanding of E-money Regulations, Payment Services Regulations, FCA rules on safeguarding, segregation and reconciliation and CASS rules
• Proficient in financial modelling, forecasting, and reporting.
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data.
• Strong team skills, with the ability to communicate effectively with stakeholders at all levels.
• Familiarity with treasury management systems and financial software.
• High level of integrity and professionalism, with a commitment to compliance and ethical practices.

Why us

• Opportunity to work in a company with direct social impact
• Attractive compensation & stock options
• Latest equipment, to ensure you have everything needed
• Yearly Learning & Development budget
• Open & International environment
• Fantastic office in the heart of Berlin
• Flexible WFH policy
• Free lunch & dinner at the office