Head of Finance, Raisin
2+ days a week in office
Open banking for deposits and savings
Open for applications
Open banking for deposits and savings
501-1000 employees
Open for applications
2+ days a week in office
501-1000 employees
Company mission
To break down barriers and facilitate a transparent single market for savings and investment products.
Role
Who you are
- Hold a university degree in finance, accounting, or a related field
- Additional qualifications such as ACA, ACCA, CIMA, or CFA are highly desirable
- Possess 5- 8 years of experience in finance and/or audit, with exposure to early people leadership and a strong understanding of financial management principles
- Exhibit a hands-on mentality, showing a proactive approach to problem-solving and a willingness to roll up your sleeves
- Demonstrate team-building and managerial experience, with the ability to lead and develop a high-performing finance team
- Display excellent presentation and communication skills, enabling effective collaboration with cross-functional teams and stakeholders
- Knowledge of International Financial Reporting Standards (IFRS) is desirable, but not mandatory
- Showcase experience in working with or within multinational companies, navigating complex organizational structures and global finance operations
- Possess an affinity for the digital industry, staying up to date with emerging trends and technologies
- We value diversity and the unique experiences each individual brings. If you’re excited about this role but don’t meet every requirement, we still encourage you to apply
What the job involves
- We are seeking a motivated and tech-savvy Head of Finance to join our growing UK operations
- This role is well suited for a finance professional with early leadership experience, as you will manage a team of two individual contributors while remaining hands-on in day-to-day financial management
- As Head of Finance for our UK subsidiary, you will play a key role in driving financial performance, managing audit processes, and providing strategic financial guidance to support our continued growth
- Act as a committed and motivating leader for the finance team, focusing on engagement, continuous development, and enabling team members to grow and succeed in their roles
- Lead the financial modeling and forecasting efforts to ensure accurate and insightful projections for our UK Subsidiary's financial performance
- Develop and oversee the annual budget for the UK subgroup, aligning financial objectives with business goals
- Create comprehensive cash flow plans considering regulatory liquidity requirements and internal key performance indicators (KPIs)
- Prepare monthly management reports, highlighting financial and business KPIs, to provide actionable insights and support strategic decision-making
- Prepare financial information for the purpose of FCA regulatory returns
- Head the Accounting Department, ensuring compliance with local as well as group internal guidelines on control policies
- Take charge of the preparation of annual accounts, ensuring accuracy, timeliness, and adherence to relevant accounting standards
- Facilitate effective communication and coordination between the company and financial auditors during audit-related processes
- Manage the financial audit process onsite in alignment with the Group's Accounting guidelines, ensuring smooth and efficient operations
- Manage the relationship with relevant key professional advisors (e.g. auditors, bank, tax advisors)
- Act as a sparring partner for the CEO, evaluating business ideas by providing calculations on project-specific profit margin analysis, recommendations, and insights
Our take
Raisin is transforming open banking in the deposits and investments sector, leveraging its infrastructure to benefit bankers and savers in the global $50+ trillion deposit market. The company operates several B2C platforms, including Raisin, WeltSparen, Savedo, and ZINSPILOT in Europe and the UK, and SaveBetter in the US.
Raisin collaborates with around 400 banks globally, serving over 550,000 direct consumers. Backed by PayPal, Deutsche Bank, and Goldman Sachs, Raisin plans to expand further. In 2023, Raisin launched its deposits platform in Poland, connecting Polish savers with European banks via its cross-border savings technology. This platform simplifies access to diverse deposit products across Europe, enhancing safety and convenience.
In late 2023, Raisin announced it had reached €50 billion in assets under administration, with significant growth in markets like Germany, the UK, the Netherlands, and the USA, and over €1 billion in net inflows each quarter in 2023.
Freddie
Company Specialist at Welcome to the Jungle
Insights
12% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Mar 2023
$70.9m
LATE VC
Jan 2022
$35.5m
CONVERTIBLE
Total funding: $325m
Company benefits
- Visa & Relocation Support
- 1,700 EUR Training Budget
- Free Choice of Hardware
- Beginner German Classes
- Food & Drinks
- Flexible working hours, home office and 28 vacation days
- Subsidised Urban Sports Club Membership
- Company Pension Scheme
- Team Events
Company HQ
Wrangelkiez, Berlin, BE
Leadership
Tamas Giorgadse
(Co-Founder & CEO)Previously served as a Partner at McKinsey, and is a Non-Executive Board Member of the Bank of Georgia.
Dr Frank Freund
(Co-Founder & CFO)Previously worked as a Senior Consultant at McKinsey.
Michael Stephan
(Co-Founder& COO)Previously worked as a Consultant at McKinsey.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 31 more jobs at Raisin