Finance Director

Leanpay is a fast-growing fintech operating as a licensed Non-Bank Financial Institution (NBFI) in Romania, on a mission to enable any consumer to make any purchase in any shop by providing responsible, fair and easy financing. We combine cutting-edge technology with transparent, people-first products; from point-of-sale consumer credit and BNPL to digital lending, serving both retail customers and merchant partners across the country.

We are currently expanding our Leanpay Romania team and looking for an experienced Finance Director, located in Bucharest, to join our management team.

Role summary

The Finance Director Romania is the senior financial authority for local operations, ensuring the integrity of reporting, statutory compliance (NBR/ANAF), and NBFI licensing requirements.

Operating in a matrix structure, the role reports hierarchically to the Country Manager Romania for local P&L and budget ownership, with dotted lines to Group Finance for standards and treasury.

What will the Finance Director be doing?

Local Financial Reporting & Integrity

• Ensure the preparation and integrity of monthly, quarterly, and annual financial statements for Romania in accordance with IFRS and Romanian Accounting Regulations (OMFP 2844/2016), delivered within timescales agreed with the Country Manager and Group Level 2 heads;
• Oversee local management accounts and variance commentary; prepare the monthly finance pack for the Country Manager and submit data feeds to the Group Head of Accounting, Controlling & FP&A;
• Supervise the Accounting team: review and approve the trial balance, balance sheet reconciliations, and statutory financial statements before any submission or Group consolidation;
• Maintain a robust internal control framework consistent with NBR norms on internal control for NBFIs and Group-level control policies; coordinate the annual external audit process;
• Implement and monitor the financial irregularities reporting procedure (whistleblowing) in compliance with Law no. 361/2022.

Prudential Compliance & NBR Regulatory Reporting

• Ensure compliance with NBR Regulation no. 20/2009 minimum capital requirements: solvency ratios, liquidity ratios, and exposure limits specific to NBFIs;
• Prepare and submit prudential reports to the NBR (DATAWEB / RAPDIR) on time - FINREP, monthly NBFI activity reports, exposure statements, AML reports - in alignment with Group reporting timelines communicated by the Head of Accounting Group, Controlling & FP&A;
• Manage the local relationship with the NBR Directorate for NBFI Supervision; coordinate responses to data requests and on-site inspections; escalate material findings to the Country Manager and CFO Group;
• Monitor Romanian regulatory changes (Official Gazette, EU Official Journal, NBR circulars) and lead timely implementation within the local Finance team, flagging Group-level impact to the relevant Level 2 head.

Capital, Liquidity & Treasury - Local Execution

• Execute treasury operations within the ALM framework and liquidity policies set by the ALM & Treasury Officer at Group Level 2: manage daily cash positioning, bank account operations, and short-term liquidity;
• Monitor covenants on Romanian financing facilities (bank credit lines, revolving facilities, forward flow arrangements) and report compliance status to the Head of Accounting Group and Country Manager;
• Coordinate drawdown requests, interest settlements, and facility utilization reporting for the Romanian entity with banking partners (BCR, BRD, Raiffeisen, ING, UniCredit, Patria Bank, and others), under parameters agreed with the Head of Accounting Group and CM;
• Prepare cash flow forecasts (13-week rolling) and ALM data inputs (maturity gap, funding gap) for submission to the ALM & Treasury Officer; flag liquidity concerns proactively;
• Monitor RON/EUR foreign currency exposure and escalate hedging needs to the ALM & Treasury Officer for Group-level execution.

Taxation & Relationship with ANAF

• Ensure full tax compliance for: corporate income tax (16%), VAT (including financial services exemptions), dividend tax, local taxes, and social contributions - with final sign-off responsibility at the local level;
• Manage the operational relationship with ANAF: VAT refund files, tax inspections (control fiscal), and administrative correspondence; coordinate with external tax advisors; escalate material disputes to the Country Manager and CFO Group;
• Implement and document transfer pricing policies for Romanian intra-group transactions in line with ANAF Order no. 442/2016, OECD Guidelines, and Group transfer pricing framework maintained by CFO Group;
• Ensure SAF-T (D406) and e-Factura compliance; review and approve submissions prepared by the Senior Accountant;
• Monitor PILLAR 2 (global minimum tax) and DAC6 obligations; report to CFO Group via Group Level 2 heads;
• Manage FATCA/CRS reporting to ANAF in accordance with Law no. 233/2015.

FP&A - Local Budgeting & Performance Reporting

• Lead the annual budgeting cycle in coordination with the Country Manager and in line with the Group budgeting process governed by the Head of Accounting, Controlling & FP&A;
• Prepare rolling forecasts (12M/24M); submit variance analysis and updated forecasts to the Country Manager and Group Level 2 heads within agreed timelines;
• Develop and maintain Romania-specific financial models: cost of funds, origination economics, net interest margin, and take rate analysis for BNPL and embedded finance products at country level;
• Deliver KPI dashboards and monthly variance commentary for the Country Manager; contribute local data inputs to Group-level Board packs and investor reporting compiled by the Head of Accounting, Controlling & FP&A;
• Build scenario analyses and stress tests for strategic decisions, approved by the Country Manager and reviewed by Group Head of Accounting/CFO Group where material.

Financial Risk Management & IFRS 9 - Local Application

• Apply the credit risk provisioning methodology (IFRS 9 / ECL framework) for Romania as defined at Group level; ensure correct staging (Stage 1/2/3) and timely impairment recognition in the local accounts;
• Coordinate with the Country Manager and Group Risk function to ensure local portfolio provisioning is consistent with Group risk appetite and IFRS 9 methodology;
• Maintain the financial risk register; report operational risk events with financial impact to the Country Manager and relevant Group Level 2 heads.

Finance Systems & Process Quality

• Manage finance systems at local level: ERP operation, integration with the Loan Management System (LMS), and data feeds to Group BI/analytics platforms - within the Group systems roadmap set by CFO Group;
• Drive automation of manual accounting and reporting processes within the local Finance team; align with Group-level digital transformation initiatives led by CFO Group;
• Ensure financial data architecture for Romania meets auditability requirements, GDPR (Regulation (EU) 2016/679), and DORA (Regulation (EU) 2022/2554).

Team Management

• Directly manage the local Accounting team, other finance positions: set objectives, review performance, provide coaching, and manage workload to meet all local and Group reporting deadlines;
• Build and maintain a high-quality, audit-ready team capable of operating at the standards required by the NBR, ANAF, and Group CFO;
• Identify training and development needs for the local team; escalate resourcing issues to the Country Manager.

What will the successful candidate have?

• University degree in Economics, Finance, or Accounting (accredited institution; preference for ASE Bucharest, Babes-Bolyai, UVT, or international equivalent);
• Minimum 6–8 years of progressive finance experience, with at least 3–4 years in a senior finance role with full P&L and reporting responsibility;
• Demonstrated experience in a regulated financial services environment in Romania: NBFI, bank, leasing company, payment institution, or insurance company;
• Solid knowledge of IFRS (IFRS 9, IFRS 16, IFRS 15) and Romanian accounting regulations (OMFP 2844/2016);
• Direct experience with NBR prudential reporting (DATAWEB/RAPDIR) for an NBFI or similar institution;
• In-depth knowledge of Romanian tax legislation and hands-on experience with ANAF compliance: VAT, corporate income tax, SAF-T, e-Factura;
• Experience managing or supervising a small accounting team;
• Fluency in Romanian and English (advanced level, written and spoken - Group reporting and communication with the Head of Accounting/ CFO Group requires strong English).

Nice-to-have Requirements

• Professional qualification: CECCAR (Expert Contabil), CAFR (Financial Auditor), ACCA, CFA, or equivalent;
• Experience in Romanian or regional fintech: digital consumer credit, BNPL, online factoring, operational leasing, neo-banking, or instant payments - ideally at a company of similar profile to Leanpay;
• Experience operating within a Group matrix structure: managing dual reporting lines and aligning local operations with Group-level financial standards and methodology;
• Experience with structured finance at country level: bank credit line negotiations, revolving facilities, forward flow arrangements;
• Knowledge of the Consumer Credit Directive (CCD2) and ANPC regulations applicable to consumer NBFIs;
• Experience in a VC- or PE-backed high-growth environment with obligations to report to foreign investors;
• Hands-on experience with SAP, Oracle NetSuite, or Dynamics 365; BI tools (Power BI, Tableau, Looker).

Why Leanpay?

You will have an opportunity to work with enthusiastic and experienced professionals in a modern, healthy and encouraging working environment, and also in a fast-paced, fast growing industry. You can grow as Leanpay grows - we appreciate every team member's contribution and support your personal development.

We also offer:

• A competitive salary based on your experience and performance;
• Company car;
• Private health insurance;
• 26 days of vacation;
• Meal vouchers;
• Professional, friendly and open-minded team.