Chief Financial Officer, Brite Payments
United Kingdom
Enabling instant payments
Be an early applicant
Enabling instant payments
101-200 employees
Be an early applicant
101-200 employees
Company mission
To make payments "briter" for everyone, by keeping things fully transparent, simpler and more secure for businesses and their customers.
Role
Who you are
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related discipline; advanced qualifications such as ACA, ACCA, or CIMA preferred
- At least 5 years of post-qualification experience in a senior finance role within a regulated financial services or fintech environment
- Understanding of e-money and payment services regulations, including safeguarding, reconciliation, and FCA compliance
- Proficiency in accounting, forecasting, and reporting
- Excellent analytical and problem-solving skills with the ability to translate complex data into actionable insights
- Familiarity with finance and ERP software systems
- Integrity, professionalism, and a commitment to ethical financial practices
What the job involves
- Join Brite as UK CFO: lead local finance, ensure FCA e-money compliance, align with the global team, and drive responsible growth from day one
- We are on a mission to revolutionise payment solutions, offering innovative services that simplify and enhance the financial lives of businesses and their customers
- With a newly granted e-money license authorized by the FCA, we are fully primed to launch and begin transacting in the UK
- To support this pivotal stage in our journey, we are seeking a dynamic, hands-on Chief Financial Officer (CFO) to establish our UK finance processes and ensure absolute compliance with all regulatory standards
- Working in close alignment with our global HQ, this is a unique, career-defining opportunity for a technically sharp finance leader to take ownership of our local operational success
- Develop, implement and oversee safeguarding and reconciliation processes to ensure compliance with FCA e-money regulations
- Manage day-to-day treasury operations, including e-money safeguarding accounts, reconciliation, and liquidity planning
- Act as the primary liaison with regulatory bodies and auditors
- Ensure timely and accurate submission of statutory accounts, tax/VAT and other regulatory reports
- Ensure the implementation of finance processes in the UK in alignment with group processes
- Deliver insightful financial reports to senior leadership, highlighting key performance metrics and risk areas
- Partner with the group and board to define and execute the company’s financial strategy
- Identify financial risks, including those related to liquidity, foreign exchange, and market fluctuations, and propose actionable mitigation strategies
- Support the compliance team in aligning financial processes with anti-money laundering (AML) and risk management standards
- Serve as a member of the senior leadership team in the UK, driving cross-departmental alignment on financial and strategic objectives
- Foster a culture of collaboration and continuous improvement across finance, compliance, and operational teams
- Work closely with the finance group function and ensure alignment and efficiency across all finance areas
Salary benchmarks
Our take
Brite Payments, a Swedish fintech firm, harnesses the potential of open banking to offer a cutting-edge instant payment solution. The platform enables account-to-account (A2A) payments to both merchants and customers without the need for account creation, app downloads, or redirection to payment pages.
This approach eliminates intermediaries, allowing merchants to access funds directly from consumers' bank accounts through APIs. This not only streamlines transactions but also proves to be more cost-effective and quicker than traditional alternatives.
Amidst a backdrop of declining fintech investments, Brite has defied the trend and secured significant funding in 2023. This capital will fuel Brite's expansion into new markets and further product development, solidifying its position as a leader in the space. With a presence in 25 European countries, Brite is poised to continue its growth trajectory and play a significant role in the future of open banking and instant payments.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (1 round)
Oct 2023
$60m
SERIES A
Total funding: $60m
Company benefits
- An optimistic, caring, and inclusive culture where we want you to be yourself
- A dynamic, fast-paced, and innovative environment where you will have the possibility to make an impact from your first day onwards
- A flat organization, friendly colleagues, and fast decision-making
- A team that cares about sharing, collaborative work, and prestigelessness
Company HQ
Östermalm, Stockholm, Stockholm County
Leadership
Lena Hackelöer
(Founder & CEO)Previously worked at Klarna in multiple Marketing roles. They then served as the Chief Product and Marketing Officer and then CEO at Qliro before founding Brite Payments in 2019.
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