About the role
ABOUT TIDE At Tide we help SMEs save time (and money) in the running of their businesses by not only offering business accounts and related banking services, but also a comprehensive set of highly usable and connected administrative solutions from invoicing to accounting. Tide is transforming the small business banking market with over 1.8 million members globally across the UK, India, Germany and France. Using advanced technology, all solutions are designed with SMEs in mind. With quick onboarding, low fees and innovative features, we thrive on making data-driven decisions to serve our mission: to help SMEs save both time (and money) so they can get back to doing what they love. Tide facts: Tide is available for UK, Indian, German and French SMEs Over 1.8 million members: 800,000 UK and 1,000,000 in India and growing rapidly Over $300 million raised in funding Over 2,500 Tideans globally - we’re diversity champions! We have offices in Central London, with a member support and technology centre in Sofia, Bulgaria, technology centres in Serbia, Romania, Lithuania and Hyderabad and offices in Gurugram and New Delhi, and in Berlin, Paris and Luxembourg.
ABOUT
THE TEAM: It’s exciting times here at Tide, we are scaling and developing our product offering at a phenomenal rate and have made our first step into our ambitious plans towards international expansion with our move into the Indian SME marketplace. We need someone to be proactive, take initiative and build out best in class financial reporting and control processes and procedures for our Indian operations. As our new Financial Controller you’ll report to the Director of Finance and be responsible for the financial controllership of our Indian entities
ABOUT
THE ROLE: Ensuring proper books and records for all financial transactions Ensuring timely and accurate reporting of monthly P&L, balance sheet and cash flow, annual financial statements and regulatory reporting Maintaining best practice documentation of accounting policy and papers for material transactions and revenue recognition Building robust financial control processes and strengthening internal control framework Collaborating with the Group financial reporting team to ensure consistency and adherence with Group reporting policies, controls and procedures. Legal entity control and intercompany balance reconciliation Collaborating with the Group financial reporting team to ensure consistency and adherence with Group reporting policies, controls and procedures Partnering business leaders in India and collaborating with the Global FP&A team on financial planning and forecasting activities Collaborating with the Global Treasury team on working capital, cash and FX management associated with our Indian operations Managing relationships with external auditors, tax advisors and outsourced accounting providers Advising business areas and collaborating with other departments on tax, transfer pricing and accounting matters - Acting as taxation and finance SME for our India-based operations Collate financial data for the preparation of tax and regulatory reporting, ensuring compliance with tax, export and RBI legislation Regular reporting financial performance, financial risk, financial control and taxation matters to management and the Finance & Audit Committee Identifying opportunities to streamline and improve accounting processes, operations and systems Overseeing the monthly ledger close, cost accounting and accounts payable function of our Indian operations Growing and developing the financial control team WHAT WE ARE LOOKING FOR: Experience working in fintech or payment services Strong financial acumen and excellent technical accounting skills. Familiar with accounting standard and disclosure