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Full-Time

Manager – Finance

Controllership

Updated on 9/9/2024

Nium

Nium

501-1,000 employees

Global fintech for real-time payment solutions

Data & Analytics
Consulting
Fintech
Crypto & Web3
Financial Services

Senior, Expert

London, UK

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Requirements
  • 5+ years’ experience
  • Qualified accountant (ACA, ACCA, CIMA or equivalent) with post qualified experience
  • Ability to work within a team with tight deadlines
  • Experience in audit or in-house Finance, working in a large scale and complex organisation beneficial
  • Experience and understanding of financial reporting, including General ledger,Trial Balance, Balance Sheet, Income Statement and Financial Statements, including working knowledge of accounting standards (IFRS and FRS102)
  • Knowledge of relevant accounting, tax, compliance, legal and regulator requirements, and corporate governance best practice across multiple authorities is advantageous.
  • Ability to deliver financial and non-financial information and reports to key partners and stakeholders
  • Ability to take ownership and drive projects forward
  • Ability to collaborate and engage with a variety of partners and stakeholders
  • Confident stakeholder management and experience of working with board/C-Suite stakeholders
Responsibilities
  • Reviewing and being the first line approver for all daily BAU activities such as payments, conducting complex month end journal postings, accruals and prepayments etc on a timely manner whist also maintaining high quality standards
  • Plan and execute statutory audits on a timely basis and build strong relationships with external parties (auditors and other third parties involved in the statutory reporting process).
  • Meeting all regulatory (FCA, MFSA and BoL)UK and EU), tax and company secretarial compliance requirements for our registered entities across the UK and EU entities
  • Support the decision-making process by analysing and reporting month on month variances across the balance sheet and P&L, whilst also ensuring the company is adhering to minimum capital requirements
  • Driving continuous improvement and standardisation of processes, including the design and implementation of processes and key controls to ensure efficient, accurate and timely financial reporting
  • Working closely with the Financial Operations department to ensure balances from the day-to-day running of the business are recorded completely and accurately i.e scheme fees, processor fees etc.
  • Play a key role in partnering Finance with the wider team within the company in order to drive strategic and operational initiatives
  • Ensuring timely and accurate cash flow forecasts are prepared on a weekly basis in order for management to make informed decisions for the future.
  • Ensure accurate reporting and maintain rigorous financial and regulatory controls

Nium specializes in real-time payments, providing a platform that allows businesses to send and receive funds instantly, manage foreign exchange transactions, and prevent fraud. Its services cater to banks, fintech companies, and money service businesses that require efficient cross-border money movement. Nium offers competitive foreign exchange rates, direct debit options, and solutions for corporate purchasing and supplier payments, which help businesses streamline operations and enhance profitability. The platform is powered by a proprietary API, enabling easy integration of Nium's services into existing systems for quick and efficient money transfers. Unlike many competitors, Nium focuses on real-time global money movement and charges fees for its services, including payment processing and fraud mitigation. The goal of Nium is to optimize financial transactions for businesses, making them faster and more secure.

Company Stage

Series D

Total Funding

$265M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-6%

2 year growth

9%
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Simplify's Take

What believers are saying

  • Being named among the 'World's Top Fintech Companies 2024' by CNBC highlights Nium's industry leadership and growth potential.
  • The appointment of Spencer Hanlon as COO signals a strong commitment to global expansion and operational excellence.
  • Collaborations with major entities like Air France, KLM, and BS2 Bank demonstrate Nium's ability to secure high-profile partnerships, enhancing its market position.

What critics are saying

  • The fintech sector's volatility, as seen with fluctuating investor interest, could impact Nium's financial stability.
  • Complexities in foreign exchange management for global marketplaces may pose operational challenges.

What makes Nium unique

  • Nium's proprietary API allows seamless integration of real-time payment solutions into existing systems, setting it apart from competitors with less flexible platforms.
  • The company's focus on real-time cross-border payments and competitive foreign exchange rates provides a unique value proposition in the global payments market.
  • Nium's strategic partnerships with major airlines and banks enhance its credibility and expand its reach in specialized sectors like travel and LATAM banking.