LemFi develops a financial app for people navigating life across countries. Its services bring international money transfers, multi-currency accounts, savings, and other financial tools together, helping customers send money to family, manage finances, and build savings. LemFi reports serving more than two million customers worldwide. The company operates in financial services and recruits for its growing team.
Senior UK Entity Controller – Lending and Safeguarding
Lead UK entity close, statutory reporting, safeguarding, and credit accounting at LemFi, a financial app serving immigrant communities. Oversee entity controls and develop a small accounting team.
विवरण
- Lead monthly, quarterly, and annual close across all UK entities.
- Ensure material balances are supported and independently reviewed.
- Prepare and file FRS 102 statutory accounts by the required deadlines.
- Serve as the primary UK contact for external auditors.
- Track audit findings and management letter actions through to resolution.
- Own credit accounting for the consumer lending business, covering the loan book, IFRS 9 expected credit losses, interest and fee income, write-offs, and funding facilities.
- Approve safeguarding calculations for each UK regulated entity.
- Ensure safeguarded funds and customer balances are accurately recorded, reconciled, and agreed with Data, Treasury, and Reconciliation teams.
- Account for high volumes of multi-currency transactions, including FX revaluation and processor and bank balances.
- Reconcile intercompany positions with Group Reporting.
- Work with FP&A on forecasts for each entity.
- Assess capital adequacy and flag corrective action needs before regulatory reporting deadlines.
- Supply Tax and Regulatory Finance teams with reliable data for FCA returns.
- Document processes and controls, address control gaps, establish maker-checker reviews, and maintain segregation of duties.
- Ensure each critical task has a trained backup.
- Collaborate with Finance Systems and Data to automate close activities and create scalable reporting.
- Lead and develop a small accounting team.
आवश्यकताएँ
- Hold an ACA, ACCA, or CIMA qualification.
- Have at least 10 years of post-qualification experience, including substantial work as an entity or financial controller.
- Bring hands-on lending or consumer credit accounting experience, including IFRS 9 expected credit loss modelling and loan book accounting.
- Have worked within an FCA-regulated organisation, such as an electronic money institution, payment institution, bank, or lender.
- Have strong technical knowledge of FRS 102 and IFRS.
- Demonstrate a record of clean statutory audits.
- Be able to assess and document accounting treatment for new products.
- Be comfortable handling high transaction volumes, multiple currencies, and payment processor data.
- Have experience with NetSuite or a comparable ERP system.
- Show a track record of leading and developing a small accounting team.
- Big Four or comparable audit experience is an advantage.
- Fintech, cross-border payments, or remittance experience is an advantage, ideally including knowledge of safeguarding under the Electronic Money and Payment Services Regulations.
- Experience in a multi-entity group with a US parent and US GAAP consolidation requirements is an advantage.
- Have the right to work in the application location, or be able to obtain visa support where available.
लाभ
- Contribute to work that helps immigrants stay connected with home, build stability, and create wealth.
- Help shape a lean finance function with strong controls.
- Work on products with immediate impact for millions of users.
- Visa sponsorship may be available for some roles on a case-by-case basis.