Financial Accountant (Contract)

Edinburgh

• Are you curious, excited by experimentation and always looking to innovate?
• Do you want to work in embedded payments where you can keep learning and developing whilst getting hands-on experience?
• Do you want to have the opportunity to help our small team of enthusiastic Modulites ensure we are preparing our management accounts and VAT returns?
If so, we would love to connect and collaborate! We want to hire driven and value-adding talent into Modulr, one of the fastest growing payments businesses in the UK and Europe, ensuring all aspects of Modulr's management accounts are recorded correctly, work with the wider financial control team on coding queries, prepayment and accrual postings, and help prepare various management & board reporting. This is a great opportunity to own and put your own mark on the reporting function of a rapidly growing regulated business., The Financial Accountant is a key role within Modulr and this role will be instrumental in ensuring we accurately report our management accounts and prepare our VAT returns on time. The successful Financial Accountant will play a key role in the team and have an opportunity to have a positive impact during the contract period (c4 months). Specific duties You will need to be comfortable doing the following:
• Improve month end close processes to enable faster, more accurate reporting.
• Support month-end close through to the production of individual entity and consolidated monthly management accounts.
• Variance analysis between actual and budgeted, to tell the month end story and identify any potential posting errors.
• Internal month-end reporting (management accounts, Board packs, etc).
• Analyse and provide commentary on Modulr's European financial performance, providing clear updates to senior management.
• Reconciling historic VAT returns for Netherlands, France, Spain and Ireland, ensuring compliance with regulatory and statutory requirements in each country.
• Process journals; support and improve current systems and processes, with other ad-hoc duties as required.
The team You will work closely with the Financial Control team based mainly in Edinburgh as well as the management team based in Netherlands. The wider business teams are based in Edinburgh, Amsterdam and London. Modulr has an office first policy, meaning we believe our scaling plans can only be achieve by the team being present in the office, fostering unplanned and cross-team interaction.

The successful Financial Accountant will have a track-record in delivering results in a fast-moving scaling business and hence you must be comfortable with change and uncertainty. More specifically the ideal candidate will be:
• Familiar with month-end close process and production of management accounts.
• Part-Qualified or Qualified by Experience, working in a similar role.
• Hands-on and be comfortable to roll up your sleeves to achieve the goals of the finance team and wider business.
• Able to manage stakeholder as you'll be working with many of our internal teams and senior leadership.
• Comfortable with Excel - knowledge of xlookups.
• VAT return experience is desirable but not essential.
• Experience working with NetSuite is desirable but not essential.
  
  At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.
We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance, and Investment & Wealth. We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in 11 currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe. Our regulatory permissions and governance structure are the foundations of our business. We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank. Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Highland Europe. Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai. This role is in our largest office, Edinburgh, where the financial control team is based. Modulr values
• Building the extraordinary; going that extra mile.
• Owning the opportunity; be passionate and proud of the time you invest.
• Move at pace; reach goals faster whilst supported on your career journey.
• Achieve it together, working collaboratively and being a Modulite.
  
  You will be part of a cross disciplinary team(s), with co-workers located in Edinburgh, London, Amsterdam, and India. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale up and grow.
• Company Bonus - the more successful we are together, the greater the reward.
• Flexible benefits - £1000 to spend on a variety of benefits for you to choose from which suit your lifestyle and needs. Including Private medical insurance, gym membership, health checks etc.
• Perkbox - enjoy freebies and discounts on many other products and services.
• 33 days holiday (including bank holidays) & your birthday off - choose which days you take off to relax and/or spend time with loved ones.
• Learning Opportunities - on joining Modulr you will embark on our 2-day onboarding programme, called ModStart, to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But we do not want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels, platforms, and Buddy allocation to allow you to grow and develop in Modulr.
• Modulr hands-on - join your colleagues for our company wide events throughout the year.
• Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We ask our team members to be based in the office 4 or more days a week. We have state of the art offices located in Exchange Crescent in Edinburgh, ScaleSpace in London, and WeWork in Amsterdam.
ModInclusion At Modulr, we are working hard to build a more positive diverse and inclusive culture that helps everyone to feel they belong and can truly bring their whole self to work. Not only is it the right thing to do for everyone in the Modulr team, it's also the right thing to do for our business, the community we operate in and attracting future talent. As part of our approach, we actively welcome applications from candidates with diverse backgrounds.