Financial Control - Senior Accountant
Description
Please note: This is a full-time, 3-month fixed term contract (with possibility of extension) and the successful candidate must be available to start in early February 2026.
Who We Are
Who We Are
Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil!
With our extremely rare single IBAN multi-currency account, we are able to assist with a variety of different payment needs, including business payment solutions, personal payments abroad (for example buying a property), travel money, as well as the ability to offer interest on deposits. Supplementing this, we also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank, to build deeper payment relationships with international banking customers.
It is through obtaining our own banking and payment licenses, the acquisition of two banking platforms and access to 16+ liquidity providers that we are able to proposition a trailblazing FinTech payment infrastructure that simplifies our customer’s diverse business needs and reduce their costs. There is no doubt that we are a major player and differentiated ourselves in a continuously evolving and competitive industry.
With 500+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business. To find out more about our journey click here.
Job Profile
The MoneyCorp Core Finance team is looking to strengthen its systems, processes and team knowledge to ensure we keep up with the Group’s rapid growth. To help
improve the Group’s financial control capability, the need for a Financial Accountant – Balance Sheet Control has been identified.
Job Profile
The MoneyCorp Core Finance team is looking to strengthen its systems, processes and team knowledge to ensure we keep up with the Group’s rapid growth. To help
improve the Group’s financial control capability, the need for a Financial Accountant – Balance Sheet Control has been identified.
This role will report to the Head of Balance Sheet Control and will provide support in:
- Engaging a variety of stakeholders across the business including Front Office, Finance, Operations and IT
- Legal entity reporting for a rapidly growing International Group, covering Payment Service and Banking Services business units
- Providing quality, accurate and timely analysis and information to management which encompasses the development, management and understanding of month end reporting
and the control environment. - Supporting project work affecting the business including business development, regulatory change and finance transformation
The successful candidate will become involved in project work to automate current procedures, improve the control environment, and will work with a number of senior people across the Payments and Banking Services divisions of the Group.
Key Responsibilities
Month End Reporting
- Responsible for completing the monthly Balance Sheet reconciliation process covering:
- Cash – Firm versus Client
- Client and Vendor (Bank) Positions
- Physical Banks and Consignment Cash
- Trade receivables, deposits and other payables
- Intercompany Balances
- Responsible for completing Group recharges and transfer pricing arrangements
- Responsible for completing the production and reporting of MtM valuations of derivatives and CVA valuations
- Managing the upload and reconciliation of the Brazilian Month end accounting
- Improving revenue reporting and reporting of operational risk events and monitoring of bad and doubtful debts
- Supporting the improvement of core Front Office systems data flows to the general ledger to support improved automation and straight through processing
- Managing the production of monthly FIG management accounts including analysis of variances and production KPIs
- To improve the timeliness of the month end reporting cycle
Management Reporting
- Support the production of monthly divisional management accounts including analysis of variances and production of commentary
- Liaison with the wider business to ensure that certain revenue, costs, assets and liabilities are correctly reported
- Responsible for producing relevant balance sheet reconciliations
- Assisting in preparation of Group MI pack, Executive Team pack and Board reports
- Provision of analysis and explanation to internal and external auditor
Statutory Reporting
- Assisting with the audit of group companies
- Production of relevant accounting policies and procedures disclosures
- Responsibility for accounting for overseas branches and their local statutory audits
Financial Control
- Financial Accounting
- Ensure that transactions / business activity are appropriately accounted for
- Engaged in the monthly preparation of full income statement and balance sheets across all entities in the MoneyCorp Group.
- Support the annual audit and financial statement preparation process
- Control Environment
- Balance Sheet substantiation in accordance with Group policy as mandated by Head of Financial Control
- Support the FP&A team in the preparation of reporting,
budgeting and forecasting through the provision of underlying
financial information and business insight as required - Continuously evaluate existing processes and make changes which enhance efficiency and control
Team Player
- Be open and share knowledge within both the accounting function and wider business
- Maintain a friendly and open team attitude to encourage all other employees to approach the Finance team with queries or concerns to ensure the continual improvement of the business
- Be pro-active and help develop plans and priorities for team
Project Work and Analysis
- Assist in providing insights about the impact of proposed projects on costs and financial performance.
- Identification and explanation of trends with particular focus on underlying drivers and impact on working capital
- Assisting in the automation of banknote processes and reconciliations
- Assistance in group wide project work
Other Duties
- Development and maintenance of strong internal controls
- Assisting on ad-hoc analysis to Divisional Heads, Executive Team and Board
- Assistance in group wide project work
Skills & Experience Required
Knowledge and Experience:
- Qualified Accountant
- Experience of working within financial services and regulated entities
- Experience of end-to-end process flows and data quality management of FX or volume payments processes or wholesale banking physical notes business preferred
- Experience of international groups or working in an international role
- Advanced Excel and SUN Systems 6 (or similar Finance GL system)
- SQL and Access Database experience desirable but not essential
Skills and Competencies:
- Management skills people, stakeholders and processes
- Excellent attention to detail with the ability to think analytically and work methodically in a high performing team.
- Excellent interpersonal and communication skills both written and verbal
- Excellent analytical abilities, with an enquiring mind
- Robust, capable of clearly and strongly articulating position
- Technically competent on accounting matters and Microsoft Office programs
- Knowledge of SUN desirable
Education:
- Qualified Accountant (ACA/ACCA)
Please note: This is a full-time, 3-month fixed term contract (with possibility of extension) with an opportunity to work hybrid in our London (Victoria) office.
What you get in return:
This role offers a competitive salary, plus a benefits package including private medical health insurance.
Interested?
If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.
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Diversity and Inclusion
Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.
All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.
Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.