Financial Controller - freelance 6/9 months contract

We are a rapidly growing pan-European digital wealth manager, serving over 167,000 active investors with more than £5.5 billion invested on our platform. We began in Milan in 2011 with the purpose to help more people improve their financial well-being by making personal investing simple and accessible through technology. Fast forward to today, and we are recognised as one of the most innovative fintechs, headquartered in the heart of London.

With a team of 220+ people across 4 offices in Italy and the UK, we are proudly backed and funded by major partners including Poste Italiane, Cabot Square Capital, United Ventures, and Allianz.

Our vision

Our vision is to combine passion, expertise, and technology to provide best-in-class investment solutions and advice that protects and grows client wealth over time.

Our Core Values:

We’ve built our business on three Principles:

• Relationships are our first asset: We’re one team, built on trust, honesty, and transparency. We value our relationships above all else.
• Trust drives success: We give each other the space to grow. We empower our employees to succeed, so they can make a real impact.
• Our customers dream big, just like us: We see the bigger picture and we make sure our customers see it, too. We’re always focused on the best outcomes for our clients and for each other, no matter what the goal, or how big the dream

What this means in practice:

At Moneyfarm, our success comes from the impact each of us makes. We move with purpose, urgency, and ambition, focused on delivering outcomes that matter for our clients and our business. Everyone is empowered to take ownership, challenge the status quo, and turn bold ideas into results. As we evolve, we embrace AI as a catalyst for sharper thinking, smarter decisions, and even greater impact.

Our diversity makes this possible. Different perspectives, backgrounds, and experiences fuel our creativity and drive better decisions — it’s our competitive edge. We value people for who they are and their unique strengths: that's why we offer flexible ways of working to support them in doing their best work.

About the role

Moneyfarm is seeking a proactive and experienced Italian Financial Controller to take full ownership of our accounting, tax, and regulatory financial reporting functions in Italy for a period of 6-9 months.

Reporting directly to the Group Financial Controller/CFO, you will oversee end-to-end local financial operations for our Italian legal entities:

• MFM Investment Ltd (Italian Branch / MFM Italy): Authorised and supervised by CONSOB and the Bank of Italy (BOI).
• MFM Future SRL: Registered insurance broking entity regulated by IVASS.

In this position, you will lead a local team of 2 finance professionals in Milan, collaborate closely with Group Finance and FP&A, and manage key relationships with external advisers and audit partners.

Responsibilities:

Core focus (essential)

1. Financial Reporting & Accounting Operations

• Lead end-to-end accounting for the Italian entities, ensuring the general ledger in NetSuite is accurate, complete and up to date.
• Direct all statutory, management, and general ledger accounting operations for MFM Italy and MFM Future SRL in accordance with local Italian accounting standards (OIC) and IFRS.
• Oversee and optimise our core ERP platform (NetSuite), driving accuracy, ledger maintenance, and process automation.
• Lead month-end, quarter-end, and year-end close processes, ensuring accurate local statutory account preparation and timely financial consolidation into Group reporting.

2. Tax Management & Intercompany Operations

• Oversee Italian direct and indirect tax compliance (IRES, IRAP, withholding taxes, clients’ capital gains taxes, and VAT).
• Manage calculations and reporting for local partial VAT exemption (pro-rata VAT) applicable to our regulated financial and insurance services.
• Lead local Transfer Pricing (TP) documentation for intercompany transactions between UK and Italian entities, working closely with external tax advisers for specialist support.
• Partner with the FP&A team (who execute the TP calculations) to ensure intercompany charges are accurately documented and reflected across entity accounts.
• Monitor changes in Italian tax and financial services regulation, assessing and communicating impact on the business.

Additional Responsibilities

3. Regulatory Compliance Support & Governance

• Oversee the financial data preparation and timely submission of local financial regulatory reports across both entities:
• Bank of Italy (BOI) and CONSOB filings for the Italian Branch.
• IVASS regulatory reporting for MFM Future SRL.
• Work closely with internal compliance teams, regulatory advisers, and external audit teams to ensure full financial regulatory compliance in Italy.

4. Leadership & Stakeholder Management

• Report regularly to the Group Financial Controller/CFO on local entity performance, regulatory updates, and balance sheet integrity.
• Manage, mentor, and develop a local finance team of two people in Italy.
• Partner closely with the FP&A team on budgeting, management reporting commentary, variance analysis, and TP calculation integration.
• Maintain effective cross-functional relationships internally, as well as with external banking partners, advisers, and tax consultants.

• Education & Qualification: Master's Degree (Laurea Magistrale) in Economics, Finance, or Accounting. Professional accounting/auditing qualification (Dottore Commercialista or Revisore Legale) is strongly preferred.
• Experience: 8/10+ years of relevant accounting and financial control experience, ideally (but not limited to) within regulated Financial Services, Wealth Management, Asset Management, or Fintech in Italy. 
• Experience in accounting firms will be highly regarded.
• Tax & Transfer Pricing Knowledge: Practical experience with Italian corporate tax and partial VAT exemption (pro-rata VAT). Understanding of cross-border intercompany transactions and Transfer Pricing documentation is highly desirable.
• Systems: Experience with NetSuite (or similar cloud-based ERP systems) and strong Excel capabilities.
• Languages: Business fluency in both Italian and English (written and spoken) is required for cross-border collaboration.
• Leadership: Proven experience coaching direct reports.

Nice to have:

• Regulatory Knowledge: Solid working understanding of financial regulatory reporting structures (Bank of Italy, CONSOB, and/or IVASS).

Full-time,  requirement of spending 3/4 days per week in the office, based in Milan (near Central Station). 

For this role, please upload your CV in English.