Chief Accounting Officer Full Time

“Previously Startups of London has featured SaltPay in our article The Complete List of Unicorn Startups in the UK 2022.

You can also click on the company name above or go to their company page from here and learn more about their culture, business and management.

As for the role; SaltPay is looking for a Chief Accounting Officer to join their company. Learn more about the role, requirements as well as benefits in the below description. Click on the Apply Now button to complete job application.”

– Startup of London Team

About SaltPay

We believe that local businesses are essential to any growing society. SaltPay was founded in 2019 to create affordable, fast, and secure payments and software solutions to help small and medium-sized businesses manage and grow their operations better. Taken for granted by banks and traditional service providers, small businesses have especially struggled to get access to the financial services and software they need. We exist to improve their lives and to help them grow by building products that serve their needs or integrating with the best solutions we find in the marketplace.

We’re outcome-driven entrepreneurs who emphasise energy over experience. Our number one priority is to deliver solutions that will allow our local businesses to thrive. Connecting and collaborating with a diverse group of talented teammates in an inclusive environment helps us achieve different results. We learn from each other every day, doing whatever is necessary to deliver the best outcomes for our customers. SaltPay is home to over 2,000 employees in 15offices across 20 countries, and our footprint keeps on growing. We are fully dedicated to serving more than 100,000 merchants across our network. 

To be a Salter

These are some of the core principles of our culture:

• You like to work towards honest, inspiring, and challenging objectives;
• You want to create a tangible impact on the business;
• You have a competitive mindset and work to achieve the best possible outcomes;
• Kindness, humility, self-awareness, and candour are all part of your DNA;
• You are not afraid of taking risks, and you feel empowered by extreme ownership;
• You prioritise the team’s success rather than your own;
• You’re always striving to become a better version of yourself;
• Problems are learning opportunities;
• You’re a dreamer, a thinker, and a doer – all in one.

SaltPay seeks to be the market leader in driving efficiency and optimisation in SMB businesses across Europe and the UK. SaltPay will be the operating system of these companies from a financial and operational perspective. Providing an end-to-end, bespoke solution to the cohort of businesses that have been left behind by legacy players in the space is the mission of SaltPay in driving equality of opportunity and bringing the focus back to the core contributors to GDP and Employment in Europe and the UK. The accounting team of SaltPay is a key pillar within the business and the finance groups. With ambitious growth plans, SaltPay is at a critical juncture in its transformational journey. The role of the Chief Accounting Officer is to lead and develop the accounting function for SaltPay, building out key financial processes, robust controls, and a high-functioning team, ensuring a strong foundation to support the business and its growth objectives. The Chief Accounting Officer (CAO) will be a core member of the senior management team within the Global Finance organization.

Your Team

As CAO, you will be part of the SaltPay senior management team and be supported in your mission by your Accounting team and the wider-Finance function. A strong and talented team that’s data-driven, inquisitive by heart, and supports every decision based on carefully collected and organized information! Our team is highly cross-functional and works across the business’ European footprint. At SaltPay, you are joining a community that will challenge you and invests heavily in delivering the best solution whilst showing great care for its customer base. Development and maintenance of robust regulatory reporting quality assurance prudential risk framework following domestic (Irish and Icelandic) and EU regulations. Development and maintenance of regulatory reporting quality assurance procedures. Management and execution of regulatory quality assurance prudential risk engagements. Conduct impact assessments of changes to regulatory reporting requirements and oversee the implementation of the changes. Liaise with the Business lines and senior management on regulatory matters. Interfacing with Regulators and Internal Audits, and facilitating queries and data requests as relevant. Involvement in external regulatory examinations and reviews. Assistance in ad-hoc projects and queries which have a regulatory reporting element.

The Role

• Build a strong global accounting group, leading, mentoring, and developing the team to ensure success in achieving the organization’s finance transformation agenda.
• Build strong working relationships with the business, the wider SaltPay Global finance team, and business functions.
• Critically review all finance processes and procedures, optimizing processes in line with industry best practices and harnessing technology where appropriate to create efficiencies and capacity for value-add activities.
• Maintain and iterate upon the SaltPay accounting policies to ensure the delivery of industry best practices.
• Ensure appropriate accounting policies and procedures are in place for the division, ensuring their effective operation and compliance with SaltPay accounting policies.
• Provide leadership to the business on technical accounting matters.
• Ultimate responsibility for the timely closing of the SaltPay Global financials on a monthly, quarterly and annual basis, ensuring the financial statements’ overall integrity, including insightful commentary on major movements and the entire reconciliation and aging of balance sheet positions.
• Lead the accounting team on all group reporting obligations, including the monthly, quarterly, and annual consolidation and accounting pack submissions for the division.
• Oversee the annual audit engagement with the external auditors to ensure audit requirements are met in a timely and efficient manner, together with the management of all local audits and statutory financial statement filings.
• Monitor compliance and liaise directly with the Group Internal Audit function on all reviews, ensuring timely resolution of any audit findings.
• Work closely with the wider business and finance teams, leveraging business intelligence to produce process improvements and enhanced regional reporting within the organization.
• Manage the accounting due diligence on prospective acquisitions as appropriate.
• Ownership for the accounting integration of new acquisitions into the division, including integrating the new acquiree onto SaltPay’s financial systems, processes, and control framework.

Qualifications

• ACA/ACCA/CIMA Qualified with a minimum of 10 years post-qualification experience.
• Prior working knowledge of delivering IFRS financials is essential.
• Understanding & working knowledge of SOX or another internal control framework.
• Excellent communication skills, oral and written.
• First-rate analytical capabilities.

Your Story

• Detail-oriented individual who is hard-working, data-driven, self-motivated, and takes ownership.
• Experienced Executive in Financial Services, Technology, or FinTech.
• Pre-IPO/IPO readiness experience.
• Experience working within a fast-paced multi-national environment.
• Ability to work effectively in a team environment and partner well with people at all levels within an organisation
• Effectively challenge, ask why and be open to facing challenges from colleagues, with the adaptability to remain agile in light of an alternative data-led view
• Ability to prioritise work and manage shifting priorities. 
• Ability to anticipate financial information needs and fulfill requirements.
• Passionate about driving and delivering change to a disruptable industry
• Fluency in English

The Perks

• Competitive salary and stock options;
• Physical and mental health support through our partnership with Gympass giving free access to over 1,500 gyms in the UK, 1-1 therapy, meditation sessions, digital fitness and nutrition apps;
• Health and Life Insurance;
• Pension Scheme;
• 25 days of Annual leave (+ Bank holidays);
• Possibility to travel to different offices around Europe;
• Professional development support through an L&D allowance to select courses that align with your career goals;
• Office snacks every day;
• Friendly, comfortable, and informal office environment in Central London;
• Flexible working hours, as long it suits both you and your team.

SaltPay is a place for people who can challenge the status quo. People who believe they can make a difference in the world by participating in a business model designed to create a more balanced and fair market. More than experience, we believe in potential and that a human’s learning ability is limitless. As long as you have the right mindset, can live by our values, and that you genuinely want to learn and develop your skills and knowledge, then we have the career challenge you’ve been looking for right here. We pledge to put our people first, and above everything else, to create a challenging opportunity that will foster personal growth. 

We’re citizens of the world – SaltPay is an open and safe space for everyone, regardless of their story.

Please note that all supporting documents such as CVs must be in English.