Kroo Bank: Financial Controller

About Kroo Bank

We are on a mission to build the world’s greatest social bank, believing that banking needs to change for the better and that money, when used correctly, can transform lives and positively impact the planet.

How You Will Contribute & Key Responsibilities

As a Financial Controller, your primary responsibility is to ensure Kroo Bank delivers accurate, complete, and timely financial reporting while maintaining a robust financial control environment that supports the bank's continued growth. You will play a critical role in overseeing month-end and year-end close processes, ensuring the integrity of financial data, and supporting the implementation of effective accounting and control frameworks across the business.

You will be responsible for maintaining strong balance sheet controls, supporting technical accounting assessments, and ensuring new products and material transactions are appropriately accounted for and controlled. You will work closely with stakeholders across Finance, Treasury, Risk, and Operations to deliver high-quality financial reporting, improve processes, and support strategic initiatives. You will also contribute to finance transformation activities by driving automation and enhancing the scalability and efficiency of Finance processes.

Key Responsibilities:

• Support and coordinate month-end and year-end close processes.
• Prepare management reporting and various internal financial reports.
• Respond to finance and reporting requests across the bank.
• Maintain and enhance financial control processes.
• Set up accounting and financial control processes for new products and initiatives.
• Prepare accounting papers and technical accounting memos as required.
• Perform balance sheet reconciliations, including loans, deposits, derivatives, and other financial instruments.
• Reconcile and monitor loan portfolios, provisions, and related balances.
• Support impairment assessment and loan loss provisioning processes.
• Ensure the completeness and accuracy of financial data and reporting.
• Assist with external audit, internal audit, and regulatory reporting requirements.
• Drive automation initiatives to improve reporting, reconciliations, controls, and month-end efficiency.
• Support system reporting enhancements and finance transformation projects.
• Work closely with stakeholders across Finance, Risk, Treasury, and Operations.

Qualifications

• Qualified accountant (ACA/ ACCA or equivalent).
• Background in Financial Services Audit at a Big Four or a mid-tier firm.
• 1-2 years of post-qualification experience preferred.
• Strong understanding of banking products, their accounting treatment, and financial reporting, including loans, deposits, and treasury assets (e.g., covered bonds, RMBS).
• Experience with impairment and loan loss provisioning is highly desirable.
• Strong analytical and problem-solving skills.
• Proactive mindset with an interest in process optimization and automation.
• Excellent attention to detail and ability to work in a fast-paced environment.
• Strong communication and stakeholder management skills.
• Advanced Excel skills and proficiency with other tools, including AI, are beneficial.

What We Offer:

• Generous Holiday Time: 25 days annual leave, 8 bank holidays, 1 Kroo Bank holiday (June 24th), and 1 day off during your birthday week.
• Personal Days: 3 personal days available for use as needed.
• Employer-Sponsored Volunteer Program: Up to 4 hours per month of paid time for volunteering.
• Mental Health Support: Access to Spill, our mental health support partner.
• Workplace Pension: 5% employee contribution with a 3% employer top-up.
• Top-Notch Equipment: MacBook laptop and support for home office setup.
• Modern Office: Access to our workspace in Farringdon (Central London).
• Cycle to Work Scheme.
• Electric Car Scheme.
• Enhanced Parental Leave.
• Room for Growth: Opportunities in a fast-paced, high-growth startup.
• Full Healthcare: For you and your nuclear family via Vitality.

Working Arrangements

• Hybrid Working: A mix of remote and office-based work, with an expectation to come into the office approximately once a month. The London office is a valuable resource for collaboration.
• Work Schedule: Monday to Friday.

Diversity and Inclusion

Kroo Bank is committed to fostering a diverse and inclusive workplace where all employees are valued, respected, and supported. Diversity, Equality, and Inclusion are fundamental pillars guiding our operations. Reasonable adjustments are available to all candidates throughout the recruitment process.