---
title: 'UK Entity Controller at LemFi'
canonical: 'https://feeny.ai/job/uk-entity-controller-lemfi-london-c9a0qd72zb0g'
type: 'job'
last_seen: '2026-10-19'
---

# UK Entity Controller at LemFi

- **Company:** LemFi
- **Location:** London, United Kingdom
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-10-15
- **Last confirmed live:** 2026-10-19
- **Apply:** https://jobs.ashbyhq.com/lemfi/71fac29d-39a3-40b4-82f8-7f92efc35deb

## Job description

LemFi (Series B) is building the go-to financial app for the Global South.

Moving to a new country shouldn’t mean starting from zero. That's why our team of 400+ spanning 20+ countries is building a financial ecosystem that helps immigrants stay connected to home, build stability, and create wealth regardless of where they are from or where they live.

What began as fast, affordable remittances is now evolving into a complete platform for multi-currency accounts, payments, credit, and long-term financial growth.

With millions of users across the globe, we process over $1B in monthly transactions to 30+ countries, proving that borders shouldn't limit financial opportunity.

## About the role

As UK Entity Controller, reporting to the Head of Financial Control and Reporting, you will own the numbers for our largest and most regulated group of entities: an FCA-authorised e-money institution, a payment institution and our growing consumer credit business. You will lead a small team, run a close the business can rely on every month, and build credit accounting that scales as lending grows.

This is a role for a senior controller who genuinely likes ownership. LemFi moves fast, our product surface is expanding and the regulatory bar is high. You will help shape a finance function that is lean, well-controlled and built to last - and you will leave clear fingerprints on how we do things.

## What you'll build and own

- Own the UK close - deliver an accurate monthly, quarterly and year-end close for every UK entity on the Group timetable, with every material balance substantiated and independently reviewed.
- Prepare and file FRS 102 statutory accounts on time, act as the auditors' first point of contact for the UK, and track every audit finding and management letter point through to resolution with clear owners and dates.
- Build and own credit accounting for our consumer credit business: loan book, IFRS 9 expected credit loss, interest and fee income, write-offs and funding facilities - documented, auditable and scalable.
- Get safeguarding right - sign off the safeguarding requirement calculation for each UK regulated entity and ensure safeguarded funds and customer balances are correctly reflected, reconciled and agreed with Data, Treasury and Reconciliation at month-end.
- Account accurately for high volumes of multi-currency transactions including FX revaluation and processor and bank balances, and partner with Group Reporting to agree intercompany positions.
- Partner with FP&A on entity-level forecasts, evaluate capital adequacy and flag rectification needs ahead of regulatory reporting deadlines; give Tax and Regulatory Finance teams reliable data for FCA returns.
- Raise the control bar - document processes and internal controls, close gaps, embed maker/checker review and segregation of duties, give every critical task a trained backup, and work with Finance Systems and Data to automate close tasks and build reporting that scales.

## Your experience

- ACA, ACCA or CIMA qualified with 10 or more years of post-qualification experience, including a meaningful stint as an entity or financial controller.
- Hands-on experience in lending or consumer credit accounting, including IFRS 9 ECL modelling and loan book accounting.
- Experience working inside an FCA-regulated firm such as an EMI, payment institution, bank or lender.
- Strong FRS 102 and IFRS technical knowledge with a track record of clean statutory audits and the ability to assess and document the accounting treatment of new products.
- Comfort with high transaction volumes, multiple currencies and payment processor data; experience with NetSuite or a comparable ERP.
- Proven ability to lead and develop a small accounting team, with a hands-on, low-ego approach - happy to review and to roll up your sleeves.

## Nice to have

- Big 4 or similar audit background.
- Fintech, cross-border payments or remittance experience, ideally with working knowledge of safeguarding under the Electronic Money and Payment Services Regulations.
- Experience in a multi-entity group with a US parent and US GAAP consolidation requirements.

Why Join LemFi? Love shouldn’t be expensive, yet those working hardest for their families often face predatory fees and banking exclusion. We're changing this. At LemFi, you won’t be just a cog in a machine. Whether designing products, scaling operations, or telling our story, you’ll tackle complex challenges with real, immediate impact. Your work goes beyond metrics - it puts money back in families’ pockets and offers access to the previously excluded. Join us to make a meaningful difference, where high performance is a lifeline for millions.

You can connect with us on [LinkedIn](https://www.linkedin.com/company/lemfi/) and [Instagram](https://www.instagram.com/uselemfi/) and if you haven't already, download the app on the [App Store](https://apps.apple.com/gb/app/lemfi/id1533066809) or [Google Play](https://play.google.com/store/apps/details?hl=en&id=com.lemonadeFinance.android).

Recruitment Agencies Notice LemFi does not accept unsolicited CVs from recruitment agencies. We work only with agencies on our preferred supplier list, and only when we’ve asked them for their support. Any CVs sent to us outside this arrangement will not incur a fee.

## About LemFi

## Company Overview
- **One-liner**: LemFi is a financial technology company that provides multi-currency wallets and international payment services tailored for immigrants and the Global South.
- **Entity Type**: Private (Venture Capital-Backed)
- **Headquarters**: Toronto, Canada (also has offices in Oakland, California and London, UK)
- **Founded**: 2020
- **Founders**: Not publicly listed on the main company page, but former known as Lemonade Finance.

## Core Business
- Primary industry: Financial Services / FinTech (International Payments and Remittances)
- Target customers: B2C — primarily immigrants and diaspora communities, with a focus on serving the Global South. They also offer B2B capabilities for international payment needs.
- Mission/Purpose: *"To improve the financial life of the next generation of immigrants."* The company focuses on solving the financial hurdles people face when moving to a new country.

## Products & Services
- **International Money Transfer**: Send money to 30+ countries with zero transfer fees and competitive exchange rates.
- **Multi-Currency Wallet**: Open and manage accounts in multiple currencies, with the ability to convert and hold funds.
- **Request Money**: Send payment requests or share a payment link for easy collections.
- **eSIM**: "Instant Connection, Anywhere you go" — providing mobile connectivity services for travelers and immigrants.

## Market Standing
- **Valuation**: Not publicly disclosed.
- **Key Metric**: Total funding raised of approximately **$85.6M** (per PitchBook).
- **Customers**: Over **1,000,000+ customers** as of their last update.
- **Notable Investors/Partners**: Backed by 45 investors including **Armyn Capital, Endeavor Catalyst, Highland Europe, Silverbacks Holdings, and Stonewater Ventures**. They have partnerships with Visa (cross-border payments), ClearBank (agency banking services), and have recently hired former OPay COO, Allen Qu, to lead China expansion.
- **Growth Signals**: 
  - Headcount growth: Over 200+ employees (300 per PitchBook, 121 on Built In).
  - Expanded to serve China and South Asia.
  - High-growth trajectory with a focus on remittance-heavy corridors (UK, US, Canada).
- **Recent Deal**: Merged with Pillar (Financial Software) in June 2025 (per PitchBook).

## Competitive Advantages
- **Zero Fees**: Zero transfer fees and competitive exchange rates are a key differentiator in the remittance market.
- **Laser Focus on Immigrants**: The company's entire product suite is designed around the immigrant experience (multi-currency wallets, requests, eSIM) rather than being a general money transfer app.
- **Speed**: "Usually delivered in minutes" — faster than traditional remittance services.
- **Strong Backing**: A large, high-quality investor base (45 investors) and strategic partnerships (Visa, ClearBank) provide a solid moat.
- **Experienced Team**: Team members come from top companies including Monzo, Opera, Kraken, Kaufland, Uber, and Andela.

## Strategic Focus
- **Global Expansion**: Explicit focus on entering China, South Asia, and other key corridors for immigrants.
- **Product Ecosystem**: Moving beyond simple transfers into multi-currency wallets, payment requests, and mobile connectivity (eSIM).
- **Scale Infrastructure**: Hiring key leadership (VP of Growth, Head of Finance & Business Intelligence, VP of Cards) to professionalize operations and build for scale.
- **Partnerships**: Deepening relationships with Visa and banks to expand reach and capabilities.

## Why Work Here
- **Remote/Hybrid/Office**: The company supports a hybrid and remote work model. Offices in Oakland (US), London (UK), and Toronto (Canada).
- **Culture & Perks**: Described as a high-growth, mission-driven environment building a product for a tangible impact on immigrants' lives.
- **Team Size & Growth**: The company is on a strong growth trajectory (from 121 to 300 employees in a short period), offering significant upside for early employees.
- **Engineering & Product Focus**: The team includes roles like VP of Cards and Head of Infrastructure, suggesting a strong technical spine.
- **Diverse Locations**: Opportunities to work in Canada, the UK, the US, Nigeria, and the Philippines, reflecting a truly global operation.

## Sources
1. [lemfi.com](https://lemfi.com/)
2. [lemfi.com/en-at/about](https://lemfi.com/en-at/about)
3. [jobs.ashbyhq.com/lemfi](https://jobs.ashbyhq.com/lemfi)
4. [builtin.com/company/lemfi](https://builtin.com/company/lemfi)
5. [pitchbook.com/profiles/company/458201-62](https://pitchbook.com/profiles/company/458201-62)

## Other roles at LemFi

- [Senior Growth Manager, Pakistan](https://feeny.ai/job/senior-growth-manager-pakistan-lemfi-london-c99tgnjaetk0) — London, United Kingdom
- [Senior Technical Accountant](https://feeny.ai/job/senior-technical-accountant-lemfi-london-307a7jpg6mkw) — London, United Kingdom
- [Senior Growth Manager, Canada to Nigeria](https://feeny.ai/job/senior-growth-manager-canada-to-nigeria-lemfi-canada-66bsss7018s0) — Canada
- [FP&A Manager](https://feeny.ai/job/fp-a-manager-lemfi-london-9zry1pa4kbe8) — London, United Kingdom
- [European Entity Controller](https://feeny.ai/job/european-entity-controller-lemfi-dublin-jzgncwwgsq8e) — Dublin, Ireland
- [Senior Growth Manager - France to Morocco](https://feeny.ai/job/senior-growth-manager-france-to-morocco-lemfi-france-kr9dtfdjgx0x) — France
- [Senior Growth Manager - UK to Kenya](https://feeny.ai/job/senior-growth-manager-uk-to-kenya-lemfi-united-kingdom-8vvxd0wxven4) — United Kingdom
- [Senior Software Engineer - Credit](https://feeny.ai/job/senior-software-engineer-credit-lemfi-london-dm6h9drmtffp) — London, United Kingdom
- [Senior Growth Manager - Italy to Nigeria](https://feeny.ai/job/senior-growth-manager-italy-to-nigeria-lemfi-italy-3jmsqk7v5ry8) — Italy
- [Head of Growth, Nigeria](https://feeny.ai/job/head-of-growth-nigeria-lemfi-united-kingdom-zn9f8ndwxv1n) — United Kingdom