Senior Finance Manager

As Senior Finance Manager, you own finance and regulatory reporting for COMO DL S.A., the payment institution licensed by the CSSF. You are the finance owner inside the entity, reporting to the COO and working closely with an external accounting firm and the external auditor. You make sure every client balance is safeguarded and reconciled, every report to the CSSF and BCL is accurate and on time, and the books are closed and audited.

Safeguarding & Reconciliation

• Perform and sign off daily reconciliations of client (safeguarded) accounts, operating accounts and the general ledger, resolving and documenting differences the same day wherever possible.
• Reconcile client balances on the payment platform against segregated safeguarding accounts and escalate any safeguarding issue to the Authorized Managers immediately.
• Monitor SEPA, SWIFT, instant payment and direct debit flows, including returns and R-transactions, and drive open items to resolution with Client Operations and banking partners.
• Maintain a complete, auditable trail of reconciliations, adjustments and approvals, applying four-eyes controls.

Regulatory Reporting (CSSF & BCL)

• Prepare and submit the periodic CSSF reporting for payment institutions (monthly and quarterly reporting tables) and the own funds calculation and confirm that each submission has been accepted.
• Prepare BCL statistical and payment fraud reporting.
• Own the regulatory reporting calendar and the evidence pack behind each submission, so every figure can be traced back to source.
• Contribute to the annual regulatory package together with Compliance and Internal Audit, and act as the finance contact for CSSF and BCL requests.

Accounting, Closing & Audit

• Oversee the external accounting firm: monthly close, review of entries, balance sheet, P&L and client funds versus own funds.
• Prepare the annual accounts under Lux GAAP with the accounting firm and run the external audit, including the long form report and the management letter, through to approval and filing.
• Track audit and inspection findings with owners and deadlines until they are closed.
• Document and review intragroup recharges and agreements, so they are at arm’s length and well supported.

Cash, Treasury & FX

• Manage daily cash positions, client fund sweeps, FX conversions with our FX provider, fees and supplier invoices.
• Maintain a rolling 12-month cash forecast and flag liquidity or capital risks early.
• Coordinate the placement of the company's own cash with Group Treasury within limits set by the Authorized Management
• Manage accounts receivable, collecting outstanding client fees as soon as account balances allow.

Governance & Controls

• Prepare the monthly finance report and the quarterly board reporting pack for the Authorized Managers and the Board.
• Maintain finance procedures, segregation of duties and controls in line with CSSF internal governance requirements, and oversee outsourced finance services in line with CSSF outsourcing rules.
• Work daily with Compliance, Client Operations, Tech and Group Finance, and replace manual steps with controlled, documented automation.

Must-haves

• Regulated finance experience: 8+ years in finance or regulatory reporting at a CSSF-supervised payment institution, EMI or bank.
• CSSF reporting: you have prepared and submitted CSSF reports yourself, not only reviewed them.
• Safeguarding: hands-on experience with client funds safeguarding and the daily reconciliations behind it.
• Hands-on ownership: comfortable being the finance owner of a small, regulated entity – you do the work, not only coordinate it.
• Accounting logic: solid double-entry knowledge, client funds versus own funds, and how operational events land in the general ledger.

You have done most of these

• Year-end closing under Lux GAAP with an external accounting firm, and coordination of the external audit including the long form report.
• Own funds calculation for a payment or e-money institution.
• BCL statistical and payment fraud reporting, and the CSSF and BCL submission platforms.
• Cash management, FX and cash forecasting.
• SEPA payment operations, including direct debits and R-transactions.
• Overseeing an outsourced accounting provider in line with CSSF governance and outsourcing requirements.

Profile

• Degree in Finance, Accounting, Economics or a related field; ACCA, CPA or a similar qualification is an asset.
• Fluent English, written and spoken; French or German is an asset.
• Strong Excel skills; precise, structured and persistent – you investigate a break end-to-end rather than parking it in a suspense account.
• Able to explain findings clearly to non-finance colleagues, management and supervisors.

Bonus

• Automation skills: Python, SQL, Power BI or similar.
• Experience with ERP or core banking systems.