Chief Accountant – Payments & Regulatory Reporting

About the role

The client, a regulated FinTech preparing to launch payment processing under an Electronic Money Institution licence, seeks a Chief Accountant to build and own its accounting function. You will design the full accounting framework before the launch and ensure ongoing compliance with Latvian and European regulations.

Key responsibilities

• Design and implement an end‑to‑end accounting framework for regulated payment operations.
• Develop, document and maintain internal accounting policies, procedures, controls and reporting standards.
• Ensure compliance with Bank of Latvia Regulations No. 291, No. 208 and other applicable accounting and regulatory requirements.
• Establish processes for recording, reconciling and controlling financial transactions, including payment‑related income, fees, expenses and safeguarding arrangements.
• Build reliable processes for collecting, validating and preparing data for statutory, management and regulatory reporting.
• Prepare and submit accurate reports to the Bank of Latvia, tax authorities and other institutions within required deadlines.
• Own the general ledger and manage month‑end, quarter‑end and year‑end closing cycles.
• Collaborate with operations, compliance, risk, product and technology teams to ensure data integrity and robust controls.
• Coordinate external audits and regulatory reviews, monitoring regulatory changes that affect the accounting framework.

Required profile

• Minimum 5 years of professional accounting experience with full responsibility for financial reporting, closing and internal controls.
• Practical knowledge of Latvian accounting, taxation and statutory reporting requirements.
• Experience in a regulated financial institution, payment institution, electronic money institution, bank or comparable FinTech environment.
• Strong understanding of Bank of Latvia regulatory reporting and accounting requirements for payment services.
• Proven ability to design and implement accounting frameworks in a fast‑growing, regulated context.

Required skills

What we offer

• Opportunity to shape the accounting function from the ground up in a high‑growth FinTech.
• Hands‑on leadership role with potential to build and lead an accounting team.
• Exposure to European payments market regulations and cross‑functional collaboration.