FP&A Manager

Modulr; London; On-site; GBP 40,000 - 80,000

Job description

• 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?

If so, we would love to connect and collaborate!

We want to hire ambitious, and value-adding talent into Modulr, one of the fastest growing payments businesses in the UK and Europe.

About Us:

At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, initially 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 have two routes to market. Our Core Business Payments product allows customers in any sector to connect to us and our expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS to automate payments. Our Vertical Solutions targets a growing range of industry verticals which directly connect their IT platforms to our APIs and webhooks. We solve complex payment problems for hundreds of clients in a range of industries, including Travel, 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 multiple 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.

Modulr now has over 400 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai.

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.

The Team:

Reporting to the Director of FP&A, the FP&A Manager is a critical role in Finance. The wider business teams are based in Edinburgh, London, Amsterdam and Mumbai. Modulr has an office-first policy as face-to-face and ad hoc collaboration will maximise our ability to meet our ambitious growth and profitability goals. In practise we expect our colleagues to be in-office at least 4 days per week.

The Role:

Summary:

As part of a four-person team, the successful FP&A Manager will play an important role in supporting the business to achieve its targets. This is a great opportunity to have a positive impact on a scaling, regulated business. A key requirement is to have the curiosity to spot opportunities and anomalies, and the confidence to challenge business managers to drive growth and efficiency. The FP&A team has three key roles at Modulr: running our financial forecast model; communicating relevant financial and management information to department leaders; and spotting growth and efficiency opportunities.

Specific Duties:

• Analysing our P&L, balance sheet and cash flow statements and pulling out the key trends, e.g. versus budget, forecast, etc.
• Working with departmental leaders to ensure they are tracking to target, and that they understand the drivers behind their KPIs.
• Overseeing preparation of the monthly KPI update for the leadership team and our investors.
• Ad hoc analysis, reporting and presentations.
• Active participation in department and leadership meetings, analysing and explaining Modulr’s performance.
• Reviewing work completed by the FP&A Analysts and helping them refine the numbers, presentation and messaging.

About You:

The successful FP&A Manager will have a track record in delivering results in a fast-moving business and be comfortable with change and uncertainty.

• You are extremely confident working with detailed financial statements and ideally are a qualified accountant (i.e., ACA, ACCA, CIMA, etc.).
• You have a high degree of curiosity, combined with exceptional analytical and problem-solving skills.
• You’re proactive and organised and can handle the competing pressures of immediate tasks and long-term projects.
• You are an experienced financial modeller and have expertise working with Microsoft Excel and understanding of financial modelling (this will be tested as part of the interview process).
• You have a thirst for knowledge, learning new skills and embrace continual development.
• You’re comfortable with ambiguity.
• You will aim to be in the office most days.

What Can Modulr Offer You:

You will work with all parts of the business, 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. There is opportunity to move over time into other parts of the business including customer facing, and business operations.

• Share Options Incentive Scheme
• 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) plus 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 and platforms.
• 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 Edinburgh, ScaleSpace in London, and WeWork in Amsterdam.
• Bike to work / E-bike scheme

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.