Head of Financial Control

Purpose of the Role

Reporting into the Director of Financial Control, you will own the group's financial close, audit and control framework, and lead a growing Financial Control team (largely based in India). You will be the senior technical escalation point across Financial Control and a key interface with auditors, boards and the wider Finance function.

Key Responsibility

Financial control & month-end leadership

• Lead and coordinate monthly, quarterly and annual close across multiple legal entities – owning close governance, timetables and reporting deadlines.
• Review and approve journals, accruals and prepayments; oversee balance sheet governance, intercompany accounting, P&L analysis and trial balance review.
• Own revenue accounting review and Q2C platform contract reconciliation, and resolve complex accounting issues, escalating reporting risks and delays.
• Review management reporting outputs and maintain audit-ready reporting standards year-round, coordinating with FP&A, PayOps, Product and wider Finance teams.

Balance sheet governance & reconciliation control

• Act as subject-matter expert for reconciliation quality and balance sheet substantiation, owning reconciliation standards and control account reviews.
• Review and challenge balance sheet reconciliations, investigate aged reconciling items and resolve historic balance sheet issues through root-cause analysis.
• Design and embed reconciliation governance and audit-ready frameworks across all entities, coaching the team on methodology; act as primary escalation point for reconciliation and accounting-judgement issues.

Audit management & external auditor coordination

• Lead and coordinate external audit across group entities – audit planning, readiness assessments and management of audit trackers and requests.
• Prepare and review audit evidence, resolve audit queries and support management representations; liaise with Deloitte, KPMG and other advisors.
• Review statutory accounts, drive internal control remediation, follow up audit findings and manage audit timelines across group and local entity audits.

Statutory, board & regulatory reporting

• Prepare, review and coordinate board, Audit & Risk Committee and Financial Risk Committee reporting, including management accounts and supporting schedules.
• Support statutory financial statements, regulatory and prudential reporting inputs, and governance reporting with entity performance analysis and narrative commentary.
• Report to banking partners, boards and senior management.

Tax & regulatory compliance

• Oversee and support domestic and international tax compliance – India, UK and Netherlands VAT, VAT registrations/deregistrations and VAT recovery analysis.
• Support transfer pricing (including the India entity engagement) and corporation tax; manage HMRC correspondence and regulatory information requests.
• Review tax calculations, approve tax payments and monitor cross-border compliance obligations across jurisdictions, liaising with tax advisers.

International entity oversight

• Support financial control across all UK entities, Modulr Finance BV, European branches and India operations (including payroll funding and transfer pricing).
• Provide consolidation support, intercompany accounting, cross-border reporting and global audit coordination, with local statutory compliance and stakeholder management.
• Support US entity setup and provide financial control support for the group's US market entry – including opening balance sheet, local statutory, tax and reporting requirements, and integration into group close and controls.
• Act as senior finance support for India and European reporting activities.

Team leadership & capability development

• Lead, coach and technically support the Financial Control team – managing performance, development planning and quality review of team outputs.
• Support recruitment, interviewing and hiring; deliver technical accounting training, month-end support and escalation cover.
• Build audit-ready standards, knowledge transfer and succession planning, operating as the senior technical escalation point across Financial Control.

Projects, systems & transformation

• Support NetSuite finance enhancements (H2 FY26) and finance AI adoption initiatives.
• Lead FX revenue recognition, month-end redesign, automation, process standardisation and finance operating model development.

Banking, treasury & authorizations

• Provide oversight and approval across banking and treasury – banking and tax payment approvals, and review of banking and treasury-related reconciliations and reporting.
• Oversee cash position, support funding and liquidity, contribute to treasury governance and support regulatory capital reporting.

Key deliverables

• Monthly management accounts and month-end close completion; audit-ready balance sheet reconciliations.
• Board reporting packs, audit deliverables, statutory reporting support and regulatory submissions (including VAT returns and transfer pricing).
• Team development plans, financial governance reporting, process improvement and transformation deliverables, especially around AI capabilities.