EMEA Financial and Operations Controller

Designations

PCF-11 (Head of Finance Function) PCF-42 (Chief Operating Officer)

Purpose of the Role

The Financial and Operations Controller for EMEA will oversee financial controllership regulatory and prudential reporting safeguarding compliance and operational resilience across the region including the Irish entity (OFXIE) and other EMEA entities. You will ensure that the business maintains sound financial and operational control frameworks in line with the Central Bank of Irelands requirements and relevant EU directives such as PSD2/EMD2.

Reporting to the Assistant Group Financial Controller and Chief Executive Officer (OFXIE) this role ensures accurate timely and compliant financial reporting aligned with Group policies and local regulatory requirements maintains strong internal controls supports statutory and tax compliance and contributes to regional and global finance operations including integration of OFXs new client platform (NCP).

This dual role encompasses both:

• The finance function (reporting direct and indirect tax accounting capital adequacy liquidity safeguarding reconciliation oversight) and;
• The operations function (payments operations safeguarding operations and business continuity).

You will act as a key member of the regional Senior Management Team providing strategic leadership on all financial and operational matters supporting the OFXIE Board and other governance committees in maintaining the ongoing financial and operational soundness of the entities.

Key Responsibilities

Financial Management & Regulatory Reporting (PCF-11)

• Act as the Head of Finance Function for OFXIE (PCF-11) responsible for the monthly close process for EMEA entities including revenue recognition provision of financial reporting and integrity of the financial reporting framework of the regulated entity.
• Ensure timely and accurate submission of all prudential statistical and regulatory returns to the Central Bank of Ireland including capital adequacy liquidity safeguarding reconciliations and other required reports.
• Oversee preparation of monthly management accounts annual financial statements and Board financial packs for the EMEA entities.
• Monitor and report on capital adequacy liquidity and safeguarding positions for the region ensuring compliance with CBI requirements and internal policies.
• Maintain effective systems of internal financial control accounting policies and procedures in accordance with IFRS and Group standards.
• Liaise with the CBI internal stakeholders external auditors and tax authorities on financial and regulatory matters.
• Lead the annual statutory audit process for the EMEA entities and ensure effective resolution of audit findings.
• Provide financial input into strategic planning and risk management processes.
• Collaborate closely with the Assistant Group Financial Controller Group Financial Controller and Global Finance teams on group-wide finance projects including NCP policy implementation and system upgrades.
• Oversee compliance with corporate tax VAT and other indirect tax obligations in the UK Ireland and EMEA countries.

Safeguarding & Client Fund Oversight (Joint PCF-11 / PCF-42)

• Ensure effective safeguarding of customer funds in line with CBI requirements under PSD2 and the E-Money Regulations. 
• Oversee daily safeguarding reconciliations segregation of client funds and maintenance of safeguarding accounts with approved credit institutions.
• Ensure independent audit and assurance reviews of safeguarding controls.
• Escalate safeguarding issues to the OFXIE CEO Board and CBI as required.

Operational Oversight & Resilience (PCF-42)

• Act as the Chief Operating Officer for OFXIE (PCF-42) with responsibility for day-to-day operations of the e-money business.
• Oversee all payment processing treasury operations and settlement functions for the Irish entity ensuring operational accuracy timeliness and control.
• Maintain and regularly test the OFXIEs Business Continuity and Operational Resilience frameworks.
• Oversee the implementation of the CBI Cross-Industry Guidance on Outsourcing including vendor due diligence contractual standards and monitoring.
• Develop and maintain policies and procedures to ensure operational efficiency security and compliance.
• Coordinate system integrations (e.g. New Client Platform) ensuring robust controls and appropriate segregation of duties.
• Lead operational risk management for the finance and operations functions in EMEA including risk identification mitigation and reporting.

Governance Leadership & Board Support

• Serve as a key member of the OFXIE Senior Management Team contributing to overall strategy and governance.
• Provide regular reports to the OFXIE Board and other governance committees as required on financial performance capital and liquidity positions and operational resilience.
• Maintain compliance with CBI Fitness & Probity Standards ensuring ongoing suitability and probity for PCF roles.
• Develop and mentor high-performing finance and operations teams within the Dublin office (currently 2 FTE) and wider EMEA team over time.
• Promote a culture of integrity accountability and continuous improvement across the organisation.

Key Relationships

1. Chief Executive Officer (OFXIE)
2. Board and other governance committees (OFXIE)
3. Risk & Compliance Function
4. Central Bank of Ireland (Financial Regulation and Payments Supervision Divisions)
5. External auditors and tax advisors for the EMEA entities
6. Group Finance Treasury and Payment Operations teams

Qualifications :

Knowledge skills experience  

• Qualified Accountant (ACA ACCA CIMA CPA or equivalent).
• Minimum 10 years post-qualification experience in finance and accounting including at least 5 years in a senior leadership role within a regulated financial institution preferably in a multinational or publicly listed company (e-money payments or banking).
• 3 years experience in operations and/or operational risk
• Proven track record in regulatory financial reporting supervision or safeguarding oversight.
• Strong knowledge of IFRS CBI regulatory frameworks and PSD2/EMD2 requirements.
• Demonstrated leadership of multi-disciplinary teams covering finance and operations.
• Direct experience liaising with regulators (CBI FCA or equivalent).
• Strong systems knowledge (ERP reconciliation and reporting tools such as D365 Oracle SAP NetSuite)
• Familiarity with VAT corporate tax and other indirect tax regulations in EMEA
• Knowledge of operational resilience and outsourcing frameworks (CBI guidance) is desirable
• Strategic and analytical mindset with attention to detail and ability to interpret regulatory and financial data.
• Excellent communication and Board-level presentation skills.
• Proven ability to balance strategic priorities with operational execution.
• High integrity judgement and professional ethics.
• Collaborative leadership style with strong people management skills.
• Results-driven and able to operate effectively in a dynamic regulated environment.

Regulatory Accountability 

• Accountable to the Board of Directors for the EMEA entities for ensuring the companys compliance with its financial and operational obligations under Irish and EU legislation.
• Acts as the primary contact with the Central Bank of Ireland for finance and operations matters
• Ensures compliance with the Companys safeguarding prudential and operational policies and procedures.
• Maintains ongoing fitness and probity for the PCF-11 and PCF-42 functions in accordance with the CBIs Fitness & Probity Standards.

Additional Information :

What its like working at OFX

Were OFXers because we want to make a difference. We see challenges as opportunities and were not afraid to roll up our sleeves to get stuff done. Were committed to making things easier for our clients pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team cross-functionally and globally to drive outcomes that deliver excellence for our customers. Were curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

• Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career with leadership training secondments internal mobility and access to a large library of online learning.
• Make a difference. Through our Make a Difference program we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day which OFXers can use together or individually as well as matched giving and the opportunity to nominate charity of choice every quarter.
• Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers effort technical expertise or support through a range of global and regional channels and awards including quarterly and annual awards milestones and shout outs.
• Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether its a wellbeing activity end of year celebration or a monthly team get-together our team wants you to feel welcome!
• Benefits that mean something. We offer a range of fantastic benefits including primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave youll feel well-supported at OFX.
• A great work environment. Enjoy work-life balance and flexibility with our hybrid work model in an inclusive diverse and non-hierarchal culture.

#Li-Hybrid

At OFX we are committed to fostering a diverse inclusive and accessible workplace where we value respect and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process please email us at .

We encourage you to apply if this role aligns with your career aspirations.

Remote Work :

No

Employment Type :

Full-time