UK Financial Controller
Reports to: Head of External Reporting
Location: Peterborough (Hybrid Working)
Business Unit: Finance
About Travelex
Travelex is the global leader in foreign currency, serving over 37 million customers annually. Our Finance team—and in particular, the UK Financial Controller—plays a vital role in supporting this success. To remain the world’s leading foreign exchange specialist, we are focused on making our customers’ lives simpler, more engaging and hassle free while they travel or move money abroad. Customer centricity and digital are at the heart of our business strategy. Our commitment to innovation has never been greater, with the development of a number of digital-first products and services.
About the role
In this role, you’ll lead the optimisation of accounting and reporting processes across Travelex’s UK operating business. You’ll be responsible for delivering timely, accurate statutory and compliance audits, working closely with the wider UK finance team and our Global Capability Centre (GCC) in Mumbai.
This is a high-impact position with the opportunity to shape audit practices, enhance financial close procedures, and apply both technical expertise and practical experience to deliver high-quality financial reporting. The role is a mixture of technical accounting and audit related work plus FP&A and monthly management presentations working closely with the UK Finance Team (onshore and offshore), Group Finance and the Auditors. The role also controls and co-ordinates the month end, budgeting and forecasting processes for the UK including preparation of all group reporting requirements and business presentations. There is also Work with the wider UK finance team to educate on technical accounting matters and improve the quality of finance accounting and substantiation to allow for a smooth audit process
Key accountabilities
A key member of the UK Finance Leadership team, providing consolidated monthly reporting for the UK business across the retail, outsourcing and wholesale businesses
Ensure adherence to group monthly reporting timetable across all UK entities
Liaise with the wider finance team to understand key performance drivers and results across P&L, balance sheet and cash and attend monthly performance review meetings.
Consolidate UK results and complete the monthly business review presentation packs with key commentary and analysis
Report on key projects/initiatives
Drive continuous improvement in respect of balance sheet management and reconciliation.
Financial and statutory reporting for the UK trading Businesses:
Main contact point for auditors to ensure co-ordination and control across all UK entities
Work with other finance team members to ensure timely and accurate submission of all audit deliverables
Preparation of statutory accounts and associated disclosures, and delivery through to audit sign off and timely filing
Prepare accounting memos as required
Attend monthly balance sheet review calls to build business understanding and drive improvements in reconciliations and substantiation and ensure the integrity of the financial statements, controls and operations
Ownership of UK Overheads, including all reporting, budgeting and forecasting.
Finance lead for Geo-wide capital projects (PSTN replacement, PDQ replacement, CCTV replacement, Compliance Scanners) , acting as a cross-functional finance business partner to prepare business cases and monitor spend against budget.
Line management of Travellers Cheques Finance Manager
Co-ordinating and consolidating the budget and forecast process for the UK
Work with the finance teams to deliver robust budget and re-forecasting processes, in line with group targets and timeframes, and to ensure appropriate challenge and understanding ahead of group submission
Preparation of consolidated review pack including key assumptions and bridging items
Identify and report on risks and opportunities
Other
Recommend procedural changes and improvements that enhance controls of accounting processes and records to ensure financial risks and exposures are kept to a minimum
Involvement in ad hoc projects including new product accounting and system testing and general process improvements
Role-specific experience and skills
The role requires a range of technical and operational financial management skills, with an ability to organise, plan and execute delivery of financial and management reporting. Key Skills and Experience should include:
Qualified accountant with 5 years PQE
Demonstrable experience of leading an audit and preparing financial statements
A flexible, dynamic, positive and pragmatic approach with proven ability to build strong relationships within the finance team
Strong written presentation and communication skills
Detailed knowledge of relevant technical accounting standards
Excellent organisational skills with the ability to drive stakeholders to meet tight deadlines
What’s in it for you?
We believe our colleagues are our key differentiator. We aim to create a safe and dynamic environment where all colleagues can thrive, feel supported and engaged, and reach their full potential
Company pension scheme
Holiday – 25 days plus bank holidays! We are keen to reward loyalty, so the longer you work with us, the more holidays you get
Employee discount platform with Everyday Rewards by Bupa
Employee assistance programme
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
