Finance Controller

Toro is the trading and investing platform that empowers users to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. We have created an investment platform that is built around collaboration and investor education. On our platform, users can view other investors’ portfolios and statistics, and interact with them to exchange ideas, discuss strategies and benefit from shared knowledge. We have over 38 million registered users from 75 countries and our platform is available in 20 languages. We are a fast growing business with over 1,500 employees across 13 offices around the globe, strategically positioned to serve the needs of users. You can find out more about eToro here.

eToro Money has been strategically setup as the Mediterranean hub to service the European customer base and through an EMI licensed in the EU, passport and offer e-moneyservices to all clients within the EEA.

eToro Money is a part of the eToro Group, our product is an e-money account managed by a mobile app. eToro Money is approved and regulated by the FCA, UK and the MFSA, Malta.

Key responsibilities

• Ensuring skill, care and diligence is exercised in the oversight of any outsourcing arrangements, in compliance with the Outsourcing rules. Includes ownership of the Inter-company SLAs.
• Establishing new relationships and maintaining existing ones with counterparties.
• Ensuring all queries from banking counterparties are dealt with in a timely and accurate manner, including providing any relevant documentation upon request. Establishing new banking relationships and maintaining existing to strengthen the company’s position by diversifying the concentration risk of client money.
• Ensuring that the company’s financial matters are dealt with skill, care and diligence, including accounting policies and procedures, capital requirements, funding strategy, tax matters(including any transfer pricing mechanisms), budget planning and execution in accordance with the business strategy.
• Ensuring accuracy, completeness, availability and accessibility of data across the organization
• Designing and implementing the appropriate controls to ensure business continuity and disaster recovery plans are effective, including its monitoring and testing.
• Ensuring timely and accurate financial reporting to the regulators as per the relevant schedules.
• Preparation of financial forecasts and variance analysis
• Maintenance of all client money matters, ensuring policies and procedures are kept up to date.
• To ensure that all work that incorporates companies that are licensed by the MFSA, are in adherence to all rules and regulations as per licensed requirements pertaining to all licensing authorities
• The preparation of annual standalone/consolidated financial statements in accordance with IFRS), quarterly VAT returns, withholding tax and corporate tax computations, monthly/quarterly MFSA supervision filings (standalone/consolidated) that reflect adherence to regulatory requirements and monthly/quarterly NSO filings
• Responsible for the preparation of business plans, budgets and forecasts analysis
• Assist with forecasting and budgeting, continual development of internal control processes and analysis to ensure continued growth and development of the company
• Overviewing adherence to Budgets by departmental management
• Formulating business strategies and contributing to medium and long term planning, including expansion into new markets/geographical areas
• Preparation of annual financial statements, liaising with auditors, providing analysis