The Role
The Financial Accountant will manage month-end processes, oversee receivables, handle fee calculations, and support financial audits while collaborating with various teams.
Summary Generated by Built In
Who are we?
At OpenPayd, we are building a universal financial infrastructure to power the growth of the digital economy. Our rails-agnostic approach empowers any business to move and manage money globally - across both traditional rails and stablecoins — at scale, and in real time.
The OpenPayd platform delivers a suite of banking and payments infrastructure: accounts in over 40 currencies, FX, on/off ramp, international and domestic payments, Open Banking services – all via a single API.
A global network of licences alongside our best-in-class tech is why we're trusted by 800+ enterprise clients to process over €130 billion annually.
How will you add value to the OpenPayd journey:
- Assist with month-end accounting process for the Group’s UK based e-money institution – including reconciliation of cash and client accounts open positions currently around €450m-€500m
- Overall responsibility for managing of open receivables including liaising with Customer Success team to ensure recovery of aged balances
- Manage and co-ordinating introducer commission process from monthly calculations, statements, invoicing and payments and implement enhancements to this important process
- Work with Commercial and Customer Success teams to provide finance oversight of manual fee calculations and revenue share including raising adjustments required in the back office platform and invoices where necessary and ensuring all are correctly reflected in revenue reporting.
- Work with Commercial and Customer Success teams on general fee related issues
- Approve fees for new clients as part of the client onboarding process within our payments platform, and also for amendments to fees for existing clients
- Manage payments and recharges to clients made in accordance with the FCA mandated APP recovery scheme
- Work with the Deloitte external auditors to support the annual financial audit
The ideal candidate will have the following:
- Newly qualified accountant with experience in a commercial environment preferable
- Understanding of e-money payment services is useful but not essential
- Strong written and verbal communication
- Financial qualification (e.g. ACA, CIMA, ACCA)
- Good knowledge of IFRS or similar accounting rules
- Forward-thinking and adaptable
Our perks and benefits:
- Personal training budget - £3000
- Cycle to Work scheme
- Discounted gym membership - £80 towards any gym
- Corporate discounts via PerkBox
- Travel loan
- Company Pension plan
- Health, Dental & Life Insurance
- 25 days annual leave plus the Bank Holidays, extra day off for Birthday & Social Volunteering
We’d like you to take a read of our Talent Acquisition Privacy Notice which explains how we collect and process your personal data. Please read our notice carefully. By submitting the application button, we will consider that you aware of it.
We are looking forward to receiving your CV.
OpenPayd Talent Team
To all recruitment agencies: OpenPayd does not accept speculative agency resumes. Please do not forward resumes to our jobs alias, OpenPayd employees or any other company location. OpenPayd is not responsible for any fees related to unsolicited resumes. OpenPayd will only accept CV's from the partners with relevant agreement via the People and Talent team only.
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The Company
What We Do
Embedded Finance for the digital economy
OpenPayd is a leading global payments and banking-as-a-service platform that provides a range of banking and payment services to both financial and non-financial institutions.
Our services are underpinned by a global network of licences and are accessible through a single API. These include IBANs, open banking, e-money accounts, FX conversion, local and international payments, card processing and debit cards.
We believe that all businesses - irrespective of their size or industry - should be able to access the best payment and banking services. We provide all of our services through a simple, flexible and scalable platform.
