Job Description
Summary
Responsibilities
- Lead all financial operations for Flipster FZE, including accounting, budgeting, forecasting, and financial reporting in compliance with IFRS and UAE regulatory requirements.
- Act as a strategic partner to the CEO and Board, advising on capital planning, investment decisions, cost control, and financial risk mitigation.
- Design and operationalize a fit-for-purpose finance control framework, including internal controls, audit readiness, tax compliance (VAT, ESR, Corporate Tax), and capital adequacy planning.
- Own the regulatory reporting calendar—ensuring timely, accurate submissions to VARA and other UAE authorities, including financial statements, audit packages, and capital adequacy ratio reports.
- Manage all financial reconciliations related to client assets, including segregated funds, digital asset balances, and transactional flow between wallets, custodians, and ledgers.
- Oversee liquidity and treasury management, including fiat and crypto positions, on/off-ramp infrastructure, stablecoin flows, and custody solutions.
- Establish and maintain robust relationships with banks, payment service providers (PSPs), crypto custodians, and financial institutions.
- Act as the primary liaison for external auditors, tax consultants, and financial advisors.
- Collaborate cross-functionally with Risk, Compliance, Legal, Product, and Operations to embed financial controls into business processes, product launches, and risk mitigation strategies.
- Design and scale finance systems and reporting processes to support a rapidly growing, multi-jurisdictional business.
- Build and manage a high-performing finance team aligned with local and group-level needs.
Qualifications
- Bachelor’s or Master’s degree in Finance, Accounting, Economics, or a related field.
- Recognized accounting qualification (e.g., ACA, ACCA, CPA, CA) is required.
- Minimum 10 years of progressive finance experience, with at least 3 years in crypto, fintech, or regulated financial institutions.
- Deep understanding of IFRS, UAE financial regulations, and regulatory reporting requirements (VARA, MOF).
- Proven track record in setting up finance functions from scratch, including policies, systems, audits, and compliance protocols.
- Strong experience in financial reconciliations, especially relating to digital asset custody and transactional flow.
- Familiarity with crypto-native finance operations, including treasury tools, blockchain-based reporting, and asset segregation best practices.
- Effective communicator with strong leadership skills and stakeholder engagement experience.
Preferred
- Experience dealing with regulators such as VARA, FSRA, or DFSA.
- Knowledge of capital adequacy frameworks in regulated virtual asset environments.
- Background in high-growth tech or startup ecosystems.
Skills
- Accounting
- Communications Skills
- Cryptocurrency
- Team Collaboration