Head of Finance
About Utorg
Founded in 2019, Utorg builds the infrastructure for stablecoin payments: on- and off-ramps, self-custodial wallets, and crypto cards. Over 2 million users across 130+ countries already buy, hold, and spend crypto through our app. On the B2B side, the same rails power 2,100+ platforms, with $2.4B+ moved to date.
Fully MiCA-authorized across the EEA. PCI DSS Level 2 certified. Backed by Dragonfly, TA Ventures, and Hypra.
Location: Remote
About the Role
We are looking for an experienced Head of Finance to lead and build out our Finance function. You will own management reporting, financial control, settlements, budgeting, cash-flow planning, and team development.
Treasury (liquidity management, payment execution, FX operations, and fund movements) is a separate function and is not part of this role. You will collaborate closely with Treasury but will not have direct administrative authority over it.
As Head of Finance, you will be the business owner of financial reporting and automation: define the financial logic, set requirements for the Data team, validate outputs, and embed automated reports into the department’s daily workflow.
Key Responsibilities
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Own and deliver end-to-end management reporting: P&L, Cash Flow Statement, Balance Sheet, plan-vs-actual analysis, and profitability by product, merchant, payment method, and legal entity.
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Build and maintain the budgeting cycle: operating budget, payment calendar, cash-flow forecast, gap analysis, scenario planning, and obligation tracking.
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Design and run the financial control framework: regular reconciliations (internal system vs. PSP vs. bank), mismatch classification, SLA-driven resolution process, approval flows, and audit trail.
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Manage merchant settlements: settlement amount calculation, provider fees, minimum fees, surcharges, refunds, chargebacks, FX conversions, and balance transfers.
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Oversee multi-entity finance: consolidated reporting across several legal entities, currencies, and intercompany transactions; prepare data for statutory accounting and external audits.
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Act as the business owner of financial automation: formalize financial logic, define KPIs and data sources, set requirements for Data Analysts, Data Engineers, and Development teams, and accept dashboards and reports into production.
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Lead and develop the Finance team: hire, structure roles, assign accountability, and drive continuous improvement in a fast-changing environment.
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Report financial results and insights to the CEO and founders in clear, business-oriented language.
Experience we are looking for:
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8+ years in finance, with at least 3 years managing a finance team or function .
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Background in at least one of: fintech, payments/PSP, acquiring, EMI, banking, crypto payments, or another high-volume transactional business.
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Proven track record of building or transforming financial processes and moving from manual Excel-based reporting to automated pipelines.
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Experience managing multiple legal entities, currencies, and intercompany operations.
Management Reporting
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Hands-on ownership of P&L, Cash Flow, Balance Sheet, and plan-vs-actual reporting.
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Ability to define financial metrics and standard calculation formulas; build unit economics.
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Profitability analysis by product, client, channel, or business line.
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Confident working with Volume, Revenue, Total Clearing Cost, COGS, Gross Profit & Margin, EBITDA, SG&A, Merchant Obligations, Provider Costs, Net Position, and Cash Flow.
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Experience presenting financial results to C-level executives and board members.
Payments & Financial Operations
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Deep understanding of money flow in a payment business.
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Experience with settlement cycles, provider fees, processing and clearing costs, refunds, chargebacks, FX conversions, and balance transfers.
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Ability to trace the financial result from a single transaction up to the consolidated P&L.
Reconciliation & Financi