The Management Board Member & Finance Lead sits on the Management Board (juhatus) of Pay Perform AS, Orbital’s Estonian entity, as it seeks authorisation from the Estonian Financial Supervision Authority (EFSA) as a crypto-asset service provider under MiCA and as an e-money institution. Together with the other Management Board members, you will share collective responsibility under Estonian law for the direction, governance and control of the company, and you will be responsible for the finance function in Estonia.

Pay Perform AS draws on Orbital’s group functions, such as Finance Operations, Customer Operations, Products & Technology and Compliance, through intra-group service agreements. A central part of this role is making sure those outsourced services, and any other services provided by third parties, meet the standards the company needs. You will assess their performance against agreed service levels and KPIs, act where they fall short, and report on them to the Management Board and Supervisory Board.

This is a hands-on role. You will lead regulatory finance, statutory reporting and tax obligations for Pay Perform AS, working closely with the group finance team.

Management Board Accountabilities

• Serve as a Management Board member (juhatuse liige) of Pay Perform AS, with collective responsibility under the Estonian Commercial Code and applicable MiCA, e-money and DORA requirements for the lawful, prudent and compliant running of the company.

• Take part in Management Board meetings in Estonia and in collective decisions on strategy, budget, risk appetite, policies and operational resilience, in addition to finance.

• Hold a designated area of responsibility on the Management Board, matched to your expertise. The competences covering one or more of these areas would be preferred: Finance Operations; Customer Operations, including Customer Support; partnerships/outsourcing.

• Act as the Management Board’s lead voice on those areas: set expectations, review performance and risk, and escalate issues to the Management Board and Supervisory Board.

• Prepare and present regular reports to the Supervisory Board, and represent Pay Perform AS to the EFSA, auditors and other external stakeholders within your areas of responsibility.

• Uphold fit and proper standards on an ongoing basis, as required by the EFSA and the Estonian Commercial Code.

Oversight of Outsourced & Intra-Group Services

• Oversee the performance of all services outsourced by Pay Perform AS, including those provided by other Orbital group companies, so that the company keeps full responsibility for and control over them.

• Own the service levels and KPIs for each outsourced service, monitor performance against them, and carry out your own analysis rather than relying only on reports prepared by the provider.

• Report outsourcing performance to the Management Board and Supervisory Board on a regular basis, with clear commentary on trends, breaches and remediation.

• Raise and follow through on service failures with providers’ management, and recommend changes to, or termination of, services that do not meet the company’s needs.

• Take part in decisions to enter into, amend or terminate outsourcing arrangements, actively manage outsourcing related risks, participate in risk assessments, due diligence, annual reviews and exit planning, and keep the outsourcing register up to date.

• Make sure intra-group services are delivered to Pay Perform AS at the agreed levels regardless of demand from other group companies, and that the EFSA’s access and audit rights are maintained.

Finance, Regulatory Reporting & Tax (Estonia)

• Lead the finance function for Pay Perform AS, including the statutory financial statements under Estonian GAAP, IFRS reporting for group consolidation, and the external audit.

• Prepare and submit regulatory financial returns to the EFSA, including own funds, prudential and capital-adequacy as well as any other regulatory reporting under MiCA and Estonian e-money institution requirements.

• Own capital and liquidity planning, financial forecasts and stress testing for Pay Perform AS, and the financial inputs to its business plan.

• Oversee the safeguarding of client funds and the segregation of client crypto-assets, including reconciliations and the annual audit attestation.

• Own Estonian tax compliance, including corporate income tax, VAT and withholding tax.

• Manage transfer pricing for Pay Perform AS, including the allocation and recharging of group costs for intra-group services .

• Monitor changes in Estonian and EU regulatory reporting requirements, assess their impact on the company and lead implementation of changes.

• Work closely with the group regulatory finance team on regulatory returns, prudential and other finance related work.

• Share EU and Estonian regulatory finance expertise across the group, including on MiCA prudential requirements.

• Help improve regulatory reporting processes and systems across the group, including through automation and AI tools.