Financial Controller

Lorum • New York, NY

3d • Hybrid

About The Position

This is a foundational hire. Lorum has never had a Financial Controller, and this person will design, build, and own the company's accounting function from the ground up, not inherit a system, build one. Reporting to the CFO, you'll be responsible for the accuracy and integrity of Lorum's books, the design of internal controls and financial processes across multiple legal entities and jurisdictions, and financial reporting that will stand up to scrutiny from auditors, regulators, and bank charter/license examiners as Lorum pursues approvals across the US, Europe, Singapore, and the UAE. This role suits someone who wants to build rather than maintain: someone comfortable operating without existing playbooks, standing up new entities and charts of accounts as new licenses are obtained, and partnering closely with legal, compliance, and regulatory affairs on license and charter applications. You'll also serve as a key point of contact for external auditors, tax advisors, and regulators and examiners as Lorum's license and charter applications progress, working closely with the CFO and Head of Compliance.

Requirements

• 8+ years of progressive accounting experience, including 2 to 3 years in a Controller or similar leadership role
• CPA required (or equivalent international qualification, e.g., ACCA/CA)
• Deep knowledge of US GAAP and working knowledge of IFRS, including multi-currency/multi-entity consolidation
• Experience building or scaling an accounting function at an early-stage or high-growth company, comfortable operating with limited infrastructure and ambiguity
• Background in financial services, fintech, payments, or banking
• Direct experience with bank charter applications, banking licenses, or regulatory financial reporting (e.g., OCC, Federal Reserve, state regulators, FCA, MAS, or UAE regulators) is a significant plus
• Strong internal-controls and process-design mindset, with experience managing external auditors and tax advisors and preparing for or supporting SOX or similar frameworks and regulatory examinations
• Excellent communication skills, comfort with modern accounting/ERP systems, and a hands-on builder mentality; this role does the work directly, not just oversees it, at least initially
• Bachelor's degree in Accounting, Finance, or a related field required

Nice To Haves

• MBA or Master's in Accounting a plus
• Experience with correspondent banking, cross-border payments, or international money transmission
• Experience standing up finance/accounting functions across multiple countries simultaneously
• Deep hands-on NetSuite experience

Responsibilities

• Own the monthly, quarterly, and annual close process, ensuring accurate and timely GAAP financial statements
• Build and scale Lorum's accounting infrastructure, including chart of accounts, close checklist, accounting policies, and internal controls (SOX-readiness where applicable), in partnership with the CFO and compliance team
• Stand up accounting and reporting for each new legal entity as Lorum obtains banking licenses/charters (US, EU, Singapore, UAE), including local GAAP/IFRS and statutory reporting considerations
• Serve as a key point of contact for external auditors, tax advisors, and regulators/examiners, and prepare and review the financial reporting packages required for license and charter applications and ongoing supervision
• Manage day-to-day accounting operations, including AP/AR, payroll accounting, cash management and reconciliations, and intercompany transactions across entities, and partner with the finance team on budgeting, cash flow forecasting, and board/investor reporting
• Lead the transition to a modern accounting/ERP stack, including our planned move from Xero to NetSuite, and use automation to streamline processes that are largely manual today
• Manage and eventually build out an accounting team as Lorum scales, and stay current on evolving accounting standards and regulatory requirements across all jurisdictions where Lorum operates or is seeking licensure

Benefits

• Flexible vacation policy
• Private Healthcare
• Employee stock ownership (ESOP)
• Flexible working and autonomy
• Pay it forward days - we offer 2 annual pay it forward days where you can take time to volunteer for a charitable cause that is important to you.
• Wellness days - we believe you can only work your best when you feel your best, and we know working at Lorum is intense, so we offer 3 wellness days every quarter where you can take time to re-energize

What This Job Offers

• Job Type: Full-time
• Career Level: Senior