Created by a team of proven FinTech entrepreneurs in 2015, Vitesse PSP is an FCA regulated business that provides global payment and treasury services to the insurance industry. Vitesse operates one of the largest domestic banking and payment networks in the world, giving its customers direct access to more than 170 countries' domestic payment networks, covering over 100 currencies. Through a single integration, merchants gain access to in-country payment routing, resulting in significantly lower payment costs and much faster delivery. To date, the company has processed over $8 billion of transactions.

Vitesse is focussed on serving customers in the insurance market, providing insurers with improved capital efficiency and faster claims settlement. With $4 trillion in insurance claims paid globally, the market opportunity is significant and Vitesse has aggressive growth plans with opportunities for both geographic and product extension.

The company is venture capital backed and currently well-funded, having recently announced a $93m Series C financing led by KKR. Annualised revenue run rate is currently £27m and revenue growth for the last two financial years has exceeded 100%. The business has proven unit economics having achieved profitability in 2023. We currently have 180 colleagues across London & Rotterdam and have embarked on a US expansion strategy. Its a very exciting time to be joining Vitesse!

Your Mission

Reporting into the CFO, the VP Finance will be responsible for our day to day financial operations, as well as our long-term financial health and growth. This is a new role that has arisen due to the continued growth and increased complexity of the business, driven by new products and international expansion.

• Leadership - Lead and motivate the finance team (currently 5) - build out a first class finance team, who own the reporting, deeply understand the business, enable growth and play a critical role driving the strategy and operations
• Financial planning - Lead quantitative analysis and model development to facilitate strategic and financial decision-making. Refine the approach to financial planning to ensure appropriate financial plans, budgets and quarterly reforecasts
• Analysis - Develop and monitor Key Performance Indicators and provide in-depth analysis of the key drivers of revenue and gross margin Vitesse PSP Ltd. is regulated by the Financial Conduct Authority (Reference 900646) under the Electronic Money Regulations 2011 for the issuance of e-money. Registered Number: 08461258 Page 2 Confidential
• Reporting - Develop management and Board reporting and information, bringing numbers to life with insightful and actionable commentary and ensuring all reporting is in line with the needs of top-tier VCs
• Tax and audit - Working with external advisors, consider groupwide structure and tax planning. Oversight of the annual audit and drive the transition to a new global auditor
• Commercial - ensure the business has a clear understanding of the drivers of gross margin and oversee all pricing activities
• Act as a business partner, working with all departments and the exec team to help make sound financial decisions
• Develop the finance operating model to support expansion into new territories such as the US
• A broad range of ad hoc projects including supporting financing activities and acquisition opportunities
  
  
  

Requirements

• A qualified CIMA or ACA accountant with :10 years' pqe
• Expert financial modelling skills and experience working within an FP&A function
• Experience at a senior level in a fast paced high-growth company in the FinTech space
• Experience overseeing international operating entities - preferably regulated entities
• A self-starter who is results-oriented and enjoys operating at speed
• Organised, diligent with a strong attention to detail
• Data driven approach with strong analytical capability and a passion for leveraging data to influence decisions
• Excellent leadership skills with a proven staff management & development skills
• Strong stakeholder management and relationship building, both internally and externally, across various organizational levels
  
  
  

Benefits

• 25 days Holiday per year (increasing by 1 day per years' service, up to 30 days) + Bank Holidays
• Hybrid working arrangements - minimum 2 days in the office, Tuesday - Thursday
• Contributory pension scheme
• Enhanced Parental leave
• Cycle to Work Scheme
• Private Medical Insurance with AXA
• Unlimited access to therapy sessions through our partner, Oliva
• Discounted Gym membership through Gympass
• Financial Coaching with Octopus Wealth
• 2 days of volunteering leave per year
• Sabbatical after 5 years' service
• Life Assurance - MetLife (UK employees only)
• Ongoing Learning and Development to support you reach your career goals
  
  
  

Vitesse at our best - our values

The Vitesse values are a true reflection of what it takes to thrive in our business, so it's important to us that any employee who joins our business is aligned with these 3 attributes

Confident Humility

We don't do ego and we know that unless we all win, none of us win. We admit when we're wrong, ask for help and always think about the wider business before ourselves.

Driven to Succeed

We see the opportunity ahead of us and we won't stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our customers.

Tenacious Responsibility

We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity.

We are an Equal Opportunity Employer We are committed to creating an inclusive environment that enables everyone to perform at their best, where we recognise the rights of all individuals to mutual respect and where there is an unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect.