Finance Associate
Payflow
Payflow is hiring a Financial Controller for Spain (our largest market):
🗣 Language Requirements: Fluent or native Spanish is a must. Advanced English is a
plus. Any level of Portuguese is a plus.
📌 Location: Spain, Madrid (or Barcelona)
📅Start date: 7th January 2025 (a little sooner or a little later is fine)
What makes Payflow unique?
The 21st century is the start of the on-demand revolution. Booking an Uber takes 2 seconds
from your phone. Ordering a Glovo takes 5 seconds. Starting your favorite series takes an
instant on your TV.
And now, accessing your salary can be the same. Payflow’s mission is simple - we aim to
bring financial wellbeing to everybody by offering employees the revolutionary social benefit
that allows them to access their earned wages instantly, rather than waiting until payday.
We have already raised €40M of capital (€16M in equity funding and €24M in debt funding).
We are already present in Spain, Portugal, Colombia and Perú, but we plan to grow 100x
more, entering new geographies and also by developing new products that are useful for blue
collar and frontline workers.
● Is it challenging? Of course yes🎯
● Are we ready to do whatever it takes to make it happen? Yes - to the moon and beyond🚀
● Want to be part of this amazing team? Join us!😊
Ok, but what is the Financial Controller role about?
You will be part of an international team (more than 15 nationalities), making things happen
across the finance department. You will be mentored by our Senior VP of Finance, who
reports directly to Founders, so you will get lots of exposure to leadership founders.
More specifically, some of the key tasks are:
● Manage our daily cash flows to both make sure we have enough liquidity to pay our customers salary advances as well as optimizing those flows to save money
● Optimize our main credit line (with BBVA of +20M€), increasing for example the eligibility rate of our salary advances
● Guarantee that the data provided in different places is the same, independent of the provider and the process (i.e. our conciliation platform, our accounting, the payment service providers…)
● Be responsible of our Management Accounts, from monthly consolidation to making sure all intercompany flows are netted, but as well with all required sanity check that ensure our Management Accounts match the Statutory accounts as well as our internal metrics
● Ensure our Financial Statements are reliable, by checking that the work of our financial advisory firms (“gestorías”) has indeed the same numbers as ourselves
● Own all transfer pricing between the different societies of Payflow Group
● Support in our Due Diligence and Financial Audit processes
● Provide new tax and fiscal efficiency measures
● Execute different savings initiatives to contribute to Financial department objectives
What do we offer?
● Full-time contract with a fixed salary of +40,000€/year
● Unlimited use of our own benefits (Payflow and Flexflow)
● Additional benefits, you will receive ‘Payflow Coins’ and you can spend them to choose your own benefits, from a long list, including e.g. Alan, LinkedIn Premium, Superhuman, Cooltra, Amazon, Urban Sports Club, etc.
● 2-3 days of remote work per week
● 3 x off-site events per year (full days on which we do not work but instead go on a‘Retreat’ to celebrate our success with the team)
● Frequent teambuilding activities (e.g. sports events, breakfasts, beers, etc.)
● The opportunity to be part of one of the first 5 start-ups in Spain to get into Y-Combinator
● Plenty of room for personal and professional development (you will receive a clear Career Plan on day #1, you will be mentored by and will mentor superstars, and our company grows at an astronomical rate, meaning new opportunities come-up all the time)
Sounds cool! What are we looking for?
This is a description of our ‘ideal candidate’:
More than everything else, we are looking for someone smart, who is excited to join us and excited to help us to reach our goals (which are challenging!). We are working hard to reach our goals, and we expect you to do the same!
● 5+ years experience as a Financial Controller / auditor or any other similar accounting role
● Good with numbers, and excel files (GSheets as well!)
● Well organised, structured and high attention to details
● Thorough knowledge of accounting principles and procedures
● Experience with creating financial statements, and hands-on experience consolidating accounts in different FX
● Experience passing yearly financial audits
● Experience with Holded is a plus
Any other tips for the interview?
The process we use is the following:
Coffee chat: 20-30 mins: Álvaro Noriega, Head of Finance – We will check your understanding of Payflow and the role. We will go through your CV and previous experience
Round 1: 45 mins – Nicolás de Santis, Financial Controller - We will test your experience in financial departments. Be prepare to answer accounting questions, as well as short case studies that would replicate real-life situations in the role.
Round 2: 30 mins – Javier Iglesias, Senior VP Finance – We will test both your ease with numbers and your excel skills
Round 3: 30 mins – Avinash Sukhwani, Founder– We will test your motivation to join and do whatever it takes. We will test your cultural fit and your alignment with our core values.
Want some TIPS for your interview? We like winning! And we want you to be the same!
That’s why our core values spell TIPS.
Try: Say ‘yes’ before ‘no’✅
Improve: Never Settle🚀
Push: Work hard but smart🤓
Smile: Good vibes only😊
We are building a company based on these values, and we want you to know them in advance!
We encourage you to read more about Payflow (YC S21) on our website and social media!