Remitly is on a mission to transform the lives of immigrants and their families by providing the most trusted financial products and services on the planet. Since 2011, we have been tirelessly delivering on our promises to immigrants sending their hard earned money home. Today, we are reimagining international payments at scale and building new products to create deeper relationships with our customers and their loved ones across the globe. Join over 2,700 employees across 10 offices who are growing their careers while having a positive impact on people globally.
Remitly is registered as a Money Services Business in the U.S., Canada, EU, United Kingdom, Singapore and Australia. Each of these jurisdictions require, among other items, that Remitly maintain a comprehensive Risk and Compliance Program.
About the Role:
We're searching for an outcome focused and highly effective Finance leader to join Remitly’s growing Finance team, supported by our Head of Regional Finance. This person will lead our Remitly UK finance operations and will be a key driver to ensure our team grows efficiently and effectively as our business expands. This role requires expertise in prioritization, communication throughout the team and global organization, finance, regulatory reporting, compliance, and executive presence / corporate governance. You will be based in London.
Be responsible for Finance deliverables and commitments in the UK working with our centralized finance teams in the US (tax, treasury, accounting, FP&A etc.) and via close and effective collaboration with Product, Engineering, the Remitly UK Executive Management Team, Business Management, Compliance and Legal to ensure we are managing our business prudently.
Oversight of the statutory reporting compliance of Remitly UK, ensuring that all accounting, audit, tax and other filings are completed, accurately and timely, including effective partnership with external auditors.
Responsible for daily customer funds safeguarding procedures, including close and effective collaboration with US Product and Engineering teams, Global Accounting team, and the UK Head of Compliance.
Ensure the company’s capital resources are in compliance with its regulatory requirements at all times.
Through partnership with the Remitly’s Compliance and Legal functions, own and drive the finance-related responsibilities associated with our money transfer licenses and related compliance requirements with the FCA, and more as expansion continues.
Maintain a thorough understanding of the compliance landscape and the applicable financial and regulatory reporting requirements and proactively identify and plan for the impact to both existing processes and expected / future processes.
Build a strong relationship with Remitly’s Global Tax function, to ensure ongoing compliance across all UK activities, and advise on tax impacts of ongoing expansion in the UK.
Coordinate finance efforts in the UK for new entity launches, regulatory license applications in new jurisdictions and new product launches.
Maintain oversight of outsourced services provided to UK entities.
Manage entity level board reporting and policy governance.
Partner with business owners and the Financial Planning & Analysis team to support annual budgeting, expense and headcount management.
5+ years of progressive experience in Finance.
The successful candidate will be put forward as the approved finance officer with the FCA.
FinTech industry experience is highly valued.
Knowledge of FRS 102 and US GAAP, current trends, and developments.
Experience succeeding in a dynamic, fast-paced, ambiguous, and highly entrepreneurial business environment.
Ability to drive results and partner with empathy across geographies and business units.
Strong problem solving and analytical skills.
Excellent communication skills (written, verbal) and partnership skills.
Some travel will be required.
Unlimited paid time off, subject to approval
Great compensation package
Learn and development benefits (3000+ free online courses available)
Corridor Travel Benefit Reimbursement
We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman's potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.
Remitly is an E-Verify Employer
Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.