Area Controller - Hold & Assets

As a financial institution moving billions of pounds of customer money in more than 70 countries, Wise must have bulletproof financials. We are now looking for an Area Controller to join our Finance Team in Budapest. This role is a unique opportunity to have an impact on Wise’s mission by ensuring timely and accurate financial data as well as building mature processes and a scalable control environment. Alongside base salary you will be eligible for our stock (RSU) grant -

• New hire grant: GBP 35,000
• Annual grant: GBP 17,500

Product Description

The ‘Hold’ product consists of the Wise account (also called the Wise multi‑currency account or Wise Account / “MCA”). The Wise Account (MCA) is a multi-currency payment account for personal and business use. It allows you to receive money with local bank details, hold and convert multiple currencies at the mid-market rate, and spend via card or direct debit. You can also organize funds into Jars for future use. Essentially, it is an all-in-one hub for international banking that is faster and cheaper than traditional alternatives.

Assets is an investment feature that allows you to grow your Wise balance. You can move money into regulated funds, choosing between Interest (low-risk, government-backed assets) or Stocks (global index funds). Wise manages the custody and trading of these units for a small fee, acting as an agent to keep your investments secure. About

The Role

As an Area Controller you will be overseeing the month-end closing process for the Hold and Assets products, ensuring that related controls have been executed and ultimately signing off on the Products Financial Statements. A list of some of the key responsibilities include:

• Ensuring various teams execute their financial closing tasks in an accurate and timely manner;
• Identifying missing or insufficient processes and taking initiative to find solutions, in collaboration with other teams, both within and outside the Finance;
• Ensuring the balance sheet and income statement are fully substantiated and key variances are understood in relation to underlying changes in the product.
• Working with analysts to ensure sufficient tooling to help explain period variances and providing commentary on those variances to support monthly group level signoff.
• Completing documentation to show how the product operates end-to-end through Wise, including how accounting entries are generated and controlled.
• Participate in the external audit by replying to external auditors’ questions and information requests;
• Actively participating in team planning, actively highlighting key items to Implementation Managers to help remediate items that could impact the accuracy of the financial statements for your product.
• Maintaining relationships within the Finance Tribe and with all other stakeholders to ensure information sharing and properly manage expectations.
• Signing off on controls and assessing their effectiveness in AuditBoard, the firms risk and control repository.
• Reviewing manual journal entries to remediate known gaps in the accounting flow, to ensure financial statements are accurate and without material misstatement.