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Chief Financial Officer

Posted about 1 month ago

OfficeRiga, Riga, LatviaEX
  • Support the company’s overall financial strategy, governance framework, and long-term financial stability as a key member of the senior leadership team.
  • Lead and oversee all core finance functions, ensuring effective financial planning, reporting, and operational performance across the business.
  • Lead, mentor, and develop the Finance team, ensuring clear ownership, high performance standards, and scalable team structures aligned with the company’s growth.
  • Drive company-wide budgeting, forecasting, and financial modelling processes to support strategic decision-making and sustainable growth.
  • Oversee financial analysis, profitability assessment, and cost optimisation initiatives to improve operational efficiency and scalability.
  • Manage treasury operations, liquidity planning, and capital allocation to ensure the company maintains a strong and sustainable financial position.
  • Ensure full compliance with financial, regulatory, and safeguarding requirements applicable to a regulated fintech entity, including FCA and EMI frameworks.
  • Lead relationships with external auditors, banking partners, and regulatory stakeholders, coordinating audits and financial reviews.
  • Oversee safeguarding processes, client funds reconciliation, and the preparation of regulatory and financial reporting.
  • Maintain and continuously strengthen internal controls, financial governance, and risk management procedures.
  • Ensure timely and accurate preparation of financial statements in line with applicable accounting and reporting standards.
  • Drive process optimisation, automation initiatives, and implementation of scalable financial systems and controls.
  • Collaborate closely with Compliance, Risk, Product, Operations, and Commercial teams to align financial strategy with broader business objectives.
  • Provide financial leadership and support across strategic initiatives, partnerships, product launches, and commercial negotiations.

Requirements

  • Proven experience as CFO, or Finance Director in fintech, payments, e-money institution (EMI), or regulated financial services is mandatory 
  • Strong understanding of card acquiring, Mastercard and Visa standards, payment flows, safeguarding, and regulatory capital requirements.
  • Demonstrated experience leading financial planning, scaling operations, and driving profitability in a high-growth environment.
  • Hands-on experience working with regulators and managing financial and regulatory audits.
  • Deep knowledge of regulatory frameworks applicable to fintech (e.g., FCA, EMI regulations, safeguarding rules, AML reporting interactions).
  • Strong analytical mindset with practical experience working with financial and operational data using SQL, Redash, or similar data analysis and visualisation tools.
  • Strong understanding of liquidity management, capital adequacy, and treasury functions in a regulated environment.
  • Ability to work cross-functionally and communicate effectively with internal teams
  • Strong leadership and people management skills, with experience mentoring, and managing finance teams in fast-paced environments.
  • Excellent communication, stakeholder management, and decision-making abilities, with a hands-on and proactive approach to leadership.
  • Proficiency in English (written and spoken)

Benefits

  • Competitive salary based on your experience and contribution
  • Excellent health insurance after successful completion of the probation period — including extensive medical coverage, mental health support, and dental care
  • Additional paid Wellbeing Days — take time for your personal needs, health check-ups, or simply to recharge 
  • Hybrid work setup — flexible hours with a mix of in-office and remote work  
  • Friendly and collaborative team — we value transparency, initiative, and support each other
  • Opportunity to grow together with the company and take on new responsibilities as we scale
  • Startup environment where your voice matters and ideas turn into features fast 
  • Gifts from the company for work anniversaries and birthdays — because milestones matter, and we love celebrating them with you!
Job details
Workplace
Office
Location
Riga, Riga, Latvia
Experience
EX

MADFIN - A modern, secure, and user-friendly payment processing platform designed to streamline transactions for businesses of all sizes.

Employees
2
Industry
Financial Services
Headquarters
Malaysia
Founded
2020
Specialties
Financial Community, Financial Education, Financial Literacy, Financial Management, and Personal Finance

Key team members

Evan Chen Seong Hooi

Evan Chen Seong Hooi

Madfin Madondo

Madfin Madondo

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