Accounting Lead, Verse

  • Vilnius, Lithuania
  • Full-time
  • Current Square Employee?: Apply via go/jobs with your Square email.

Company Description

Verse is a financial brand within the ecosystem of Square, located in Vilnius & Barcelona. It's goal is to take the friction out of spending and sharing money through peer-to-peer transactions. The Verse digital wallet allows you to share payments instantly, safely, and free of charge in select European countries.

Verse is collaborating closely with the Cash App organization to build a product that redefines the world’s relationship with money by making it universally accessible. This partnership will enhance support and continued investment in our company’s growth across the European Union.

Job Description

  • Leadership and oversight of local financial, tax, regulatory, and corporate governance requirements for the Verse business.  Maintains, monitors and appropriately communicates status on deadlines, project plan and calendar for all compliance deliverables. 

  • Experience dealing with various tax authorities and tax related matters

  • Ownership of all financial regulatory requirements for the Verse company. This will include but is not limited to safeguarding client funds and regulatory capital monitoring. Keeps current on changes to the compliance landscape and fully understands impact to existing processes and business.  Ensures cross functional teams are educated on all changes and risks.

  • Key point of contact for the financial regulator in Lithuania (Bank of Lithuania), representing Verse in any financial matters. 

  • Develop and build out a robust corporate governance framework that can scale with our business.  This includes understanding our business, operating model and processes in relation to local regulations and requirements. 

  • Partner closely cross functionally with business, product, internal tax, counsel, Internal Audit and finance teams to enable the launch of new products and initiatives internationally.  

  • Responsible for the preparation board materials to senior stakeholders for each legal entity. Executive presence and ability to influence and partner with cross functional leaders is a must.

  • With the highest standard of professionalism and integrity, represent the company to external partners, including financial institutions, auditors, public officials, etc.

  • Responsible for the monthly accounting close for all Verse legal entities, variance analysis and commentary thereof. Expert in IFRS (EU) requirements and changes.

  • Management and leadership to an Accounting and Financial Operations team based out of Spain. 

  • Responsible for the submission of statistical & financial returns, as requested, from the financial regulators.

  • Manage statutory audits of Verse entities and coordination with local external audit firms and internal stakeholders.

  • Responsible for automation and process improvement for financial processes.  Build for the future.

  • Partner with the Treasury team around cash forecasting and funding requirements, bank and counterparty relationship management, and regulatory requirements.

  • Once deemed COVID safe, this role will require limited travel to visit with team and business partners. 

Qualifications

  • Minimum 6 years of experience, including auditing experince
  • Chartered Accountant/CPA or local equivalent

  • Management experience

  • Nice to haves: Worked for Fintech and/or regulated financial services company with experience working with the Bank of Lithuania

Additional Information

Verse treats all employees and job applicants equally. Every decision is based on merit, qualifications, and talent. We do not discriminate on the basis of race, religion, political ideas, ethnicity, origin, gender, sexual orientation, age, marital status, social status, union states, kinship status, disability status, or any other characteristic protected by applicable law.We will consider for employment qualified applicants with criminal histories in a manner consistent with each office’s corresponding local guidelines and applicable regulations.Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance@squareup.com. We will treat your request and information as confidentially as possible in accordance with our privacy policies and applicable requirements. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.