Job Description

Looking to speak with a seasoned finance professional willing to take up the post of CFO with a financial entity licensed to undertake payment services and issuing of electronic money. 

RESPONSIBILITIES:
- assist with the selection of Accounting Software, setting up of Charter Accounts and maintain general ledgers
- setup of Company accounting policy, ensuring full transparency over the entity financial performance
- execute financial strategy of company, supporting CEO with preparation of annual and periodic budgets, providing advice on how to increase revenue and reduce costs and proposing action plans to ensure annual financial objectives are achieved
- manage capital and monitor foreign current risk, whilst ensuring fund security, properly overview and manage the loan facilities, advances and risk deposit funds and communicate potential risks to the Company
- responsible for the preparation of financial statements including P&L, Balance Sheet & Cash Flow Statements
- establish plans, budgets, procedures, controls and objectives for the company operations
- responsible for fixed asset management
- responsible for month-end reconciliation and reporting
- responsible for P&L Analysis, Cost Management and Company financing plans
- preparation and compiling the annual income tax return of the Company, whilst coordinating and producing all tax documentation as required and submit to respective authorities
- handling fund clearing and settlements for payment transactions
- liaise on an ongoing basis with external auditor, whilst making necessary preparations to ensure successful completion of the annual audit
- maintaining speed & accuracy of billings and client payments which would involve taking duties of acoounts as an all rounder during the start-up period (AP/AR/Payroll)
- prepare monthly billing and invoices to be raised to client(s) whilst ensuring timely receipt of amounts due from Client and timely payment of amounts due to Suppliers / Contractors
- assist the payroll outsourcing company to maintain payroll journals and complete PAYE process for the Company during the initial setup period, Bank reconciliation; monthly payroll process and end-of-year return including FS3 and FS7 forms

REQUIREMENTS:
- Professional Qualification in Accounting (ACCA / CPA / University Degree) with sound knowledge of accounting standards, company tax and employment tax policy
- 3 - 6 years of payment industry / e-Money Institute experience in prepaid cards, credit cards and payment accounts business 
- familiar with fund clearing and settlement processes
- versatile and multi-disciplinary in nature and capable of handling a diverse range of projects requiring different capabilities and skillsets
- Organised and structured, achiever and results oriented
- Good report writing, presentation and communication skills
- Intermediate / Advanced Level of Excel skills is a plus

 

 
×