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Financial Controller

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Bits

1mo ago

  • Job
    Full-time
    Senior Level
  • London

AI generated summary

  • You need a Bachelor’s in Finance/Accounting, 5-7 years in financial management, strong software skills, leadership experience, and excellent analytical and communication abilities.
  • You will prepare financial statements, analyze results, lead budgeting, ensure compliance, manage audits, implement controls, improve processes, mentor the finance team, and provide strategic insights.

Requirements

  • Education: Bachelor’s degree in Finance, Accounting, or a related field. CIMA, ACCA, or equivalent certification is preferred.
  • Experience: Minimum of 5-7 years of experience in financial management, with at least 2 years in a similar role, preferably within the fintech or start-ups.
  • Technical Skills: Strong proficiency in financial software and systems (e.g., ERP systems, Excel, financial modelling tools).
  • Knowledge: In-depth knowledge of accounting principles, financial regulations, and tax laws.
  • Leadership: Proven experience in managing and developing finance teams.
  • Analytical Skills: Excellent analytical and problem-solving abilities with a keen eye for detail.
  • Communication: Strong verbal and written communication skills, with the ability to present complex financial information clearly and concisely.

Responsibilities

  • Financial Reporting & Analysis:
  • Prepare accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements.
  • Provide detailed analysis of financial results, identifying trends, variances, and opportunities for improvement.
  • Oversee month-end and year-end closing processes.
  • Budgeting & Forecasting:
  • Lead the annual budgeting process and provide ongoing forecasts.
  • Monitor actual performance against the budget, providing variance analysis and recommending corrective actions.
  • Develop financial models to support business planning and decision-making.
  • Compliance & Audit:
  • Ensure compliance with all applicable financial regulations, accounting standards, and tax requirements.
  • Liaise with external auditors and manage the annual audit process.
  • Maintain accurate records and documentation to support compliance efforts.
  • Internal Controls & Process Improvement:
  • Develop and implement robust internal controls to safeguard company assets.
  • Continuously evaluate and improve financial processes and systems to enhance efficiency and accuracy.
  • Provide guidance on financial best practices and drive process automation initiatives.
  • Leadership & Team Management:
  • Manage and mentor the finance team, fostering a culture of continuous learning and development.
  • Collaborate with cross-functional teams to support business objectives and drive financial performance.
  • Act as a strategic partner to the leadership team, providing financial insights and recommendations.

FAQs

Is this position remote or on-site?

This is an on-site role from our office in Camden, London, requiring attendance five days a week.

Does Bits offer visa sponsorship for this role?

Yes, visa sponsorship is considered for this role.

What is the primary focus of the Financial Controller position?

The primary focus is to oversee financial operations, ensuring the integrity of financial information, and managing financial reporting, budgeting, and compliance functions.

What qualifications are required for the Financial Controller position?

A Bachelor’s degree in Finance, Accounting, or a related field is required, along with CIMA, ACCA, or equivalent certification preferred.

How many years of experience are required for this role?

A minimum of 5-7 years of experience in financial management is required, with at least 2 years in a similar role, preferably within the fintech or startups sector.

What types of skills and knowledge are necessary for this position?

Strong proficiency in financial software and systems, in-depth knowledge of accounting principles and financial regulations, and excellent analytical and communication skills are necessary.

Will the Financial Controller manage a team?

Yes, the Financial Controller will manage and mentor the finance team, fostering a culture of continuous learning and development.

What opportunities does Bits provide for professional development?

Bits offers opportunities for professional development and career growth within a dynamic and inclusive work environment.

What is the company's mission?

The company's mission is to promote financial inclusion and provide credit-building solutions to individuals who have been overlooked by mainstream lenders.

What benefits do you offer to employees?

Benefits include a competitive salary, a dynamic work environment, opportunities for professional development, and the chance to make an impact on financial inclusion and credit building for underserved communities.

Bits - Build Credit

Finance
Industry
11-50
Employees
2018
Founded Year

Mission & Purpose

Hi! We’re Bits, and we’re a Y Combinator backed startup that helps you build credit.