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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, team leadership, and excellent analytical and communication abilities. CIMA/ACCA preferred.
  • You will prepare financial statements, conduct variance analysis, oversee audits, develop budgets, enhance financial processes, mentor the finance team, and provide strategic financial insights to leadership.

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

  • Responsibilities
  • 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.
  • 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.
  • 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.
  • 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.
  • 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 5 days a week attendance.

Do you offer visa sponsorship for this position?

Yes, visa sponsorship is considered for this role.

What kind of company is Bits?

Bits is a fast-growing fintech startup focused on promoting financial inclusion and providing credit building solutions to individuals overlooked by mainstream lenders.

What are the primary responsibilities of the Financial Controller?

Responsibilities include financial reporting and analysis, budgeting and forecasting, compliance and audit, internal controls and process improvement, as well as leadership and team management.

What qualifications are required for the Financial Controller role?

A Bachelor’s degree in Finance, Accounting, or a related field is required, with CIMA, ACCA, or equivalent certification preferred. Additionally, a minimum of 5-7 years of experience in financial management is necessary.

Are there professional development opportunities available?

Yes, there are opportunities for professional development and career growth within the company.

What kinds of financial software and tools should a candidate be proficient in?

Candidates should have strong proficiency in financial software and systems, such as ERP systems, Excel, and financial modeling tools.

What is the company culture like at Bits?

The company offers a dynamic and inclusive work environment in a rapidly growing fintech startup.

How does Bits support employee growth?

Bits fosters a culture of continuous learning and development, providing opportunities for employees to enhance their skills and advance in their careers.

What is the expected experience level for applicants?

Applicants should have a minimum of 5-7 years of experience in financial management, with at least 2 years in a similar role, preferably within fintech or startups.

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.