Head of Finance

Head of Finance

Head of Finance

Kroo Bank Ltd

London, England, United Kingdom

4 hours ago

No application

About

  • We’re creating the world’s most social bank and improving people’s relationship with money for good. Our mission is to remove the stress and social awkwardness that money creates, allowing people to freely enjoy their lives in a connected and meaningful way. We’re building a bank that’s better for customers, their friends, and the planet.
  • Here at Kroo, doing what is right is in our DNA. We act with integrity, transparency and honesty. We think big, dream big, and relentlessly pursue our goals. We like to be bold, break new ground, and we never stop learning. But most importantly, we are on this journey together.
  • We are looking for a Head of Finance to lead on developing and scaling our finance capabilities. You’ll report directly to our CFO and work cross-functionally with a variety of teams.

What you’ll do

  • Scale finance in a fast-growing startup
  • Continue to refine our daily, weekly and monthly management reportiing
  • Prepare the bank’s financial statements and exercise oversight of associated controls to ensure the completeness and accuracy of the financial statements in compliance with appropriate accounting standards
  • Implement a robust automated regulatory reporting framework and oversee regulatory reporting
  • Maintain the Finance Manual and Financial Risk Management Policy
  • Ensure compliance with all relevant regulatory capital and liquidity requirements
  • Manage the budgeting and business plan processes and ensure alignment with regular evaluation of the bank’s capital and liquidity requirements Oversee the bank’s tax affairs, ensuring that tax obligations are minimised within the law and good practice and manage compliance with the HMRC Code of Practice on Taxation for Banks
  • Ensure appropriate expenditure control is in place and operates effectively
  • Liaise with external auditors and ensure that the external audit is carried out effectively
  • Ensure that regulatory reporting is complete, accurate and timely
  • Oversee Kroo’s tax affairs, including VAT, corporation tax filings, FATCA/AEOI filings and ISA returns
  • Oversee other finance functions, including purchase ledger, reconciliations and payroll.

You should apply if

  • You’ve held senior finance roles at another bank
  • You have experience developing and implementing financial and regulatory reporting in financial institutions
  • You have a clear understanding of retail banking
  • You have good knowledge of the prudential requirements for banks
  • You love solving problems and taking an analytical approach
  • You’ve managed, developed and coached finance teams
  • You enjoy managing a variety of stakeholders with different needs
  • You are adaptable and will enjoy working in a fast paced startup where you are given autonomy and ownership

We're constantly evaluating and adding benefits to best support our employee's wellbeing and to help them thrive in and outside of work. The following benefits are what we currently offer

  • 35 total days holiday (25 annual leave, 8 bank holidays, 1 Kroo bank holiday [June 24th], and 1 day off during the week of your birthday)
  • 3 personal health days
  • An employer-sponsored volunteer programme (up to 4 hours per month supported by our partner Matchable)
  • Access to Spill, our mental health support partner
  • A workplace pension, with 5% employee contribution and a 3% employer top off
  • After 1 year of service, access to £500 from the Kroo Learning Fund for career-related L&D
  • All equipment you need to work remotely effectively, with a MacBook Pro as standard
  • Access to our modern, bustling office in Holborn, Central London, includes a full gym.
  • Access to our Cycle to Work scheme
  • Access to our Electric Car scheme
  • An enhanced parental leave policy
  • Room to grow and excel within a fast-paced, high growth start-up
  • Office/remote working
  • Working remotely has changed many of our lives for the better and we are behind continuing the benefits of flexibility now that restrictions have lifted. At the same time, we have a beautiful office in Farringdon, which, when used for the right things, can be a useful and powerful tool. In Tech, we currently have a mix of remote and hybrid employees, as we believe in empowering our team members to decide which environment works best for them.
  • Diversity
  • We are firmly committed to creating and maintaining a diverse and inclusive workplace in which all employees are valued, respected, safe, supported, and listened to without judgement or prejudice. These principles apply to all, regardless of race or ethnicity, age, gender, gender identity or expression, national origin, sexual orientation, mental or physical ability, religion, appearance, political beliefs, educational background, class, and position or tenure within the company. Diversity, Equity, and Inclusion are central to the direction we take at Kroo, and are considered across all aspects of our business.