Group Financial Accountant - London, United Kingdom of Great Britain and Northern Ireland - 369 - Company

General information

Job Title

Group Financial Accountant

City

London

Country

United Kingdom of Great Britain and Northern Ireland

Division

Finance

Department

Finance

Description

Thought Machine’s mission is bold - to properly and permanently rid the world’s banks of legacy technology. To achieve this, we have developed the foundations of modern banking through core and payments technology which run natively in the cloud. What we are attempting is hard and means we need great people working together to build great technology.

We have grown rapidly in the past few years - growing our team to more than 550 individuals across offices in London, New York, Singapore and Sydney. We have raised more than $500m in funding and are now valued at $2.7bn. Our investors include Molten Ventures, Eurazeo, Intesa Sanpaolo, Temasek, Nyca Partners, JPMorgan Chase Strategic Investments, Standard Chartered Ventures, and more.

We have created a culture enabling our team to produce the best work in the industry, ensuring we have fun along the way. We're regularly cited as having a fantastic workplace culture and have been recognised by Sifted magazine as having one of the highest Glassdoor ratings for a UK fintech company and the most generous employee share package in the industry. Global Finance Magazine named us one of the world’s most innovative fintechs, and the Financial Times recognised us as one of Europe’s fastest-growing companies in 2023.

Reporting to the Group Financial Controller, the Group Financial Accountant will become a key member of the finance team, covering a wide range of critical finance responsibilities and provide a superb springboard for an ambitious candidate looking to progress their career in finance. This is an opportunity to make an impact as a qualified accountant who thrives on finance change and projects and be responsible for providing best in class finance processes through the group companies.

Duties

Own the group revenue recognition and accounts receivable processes, including the application of IFRS 15 and collaborating with sales and legal teams on customer contracts.
Become the subject matter expert for the revenue/billing module within our Workday ERP system, responsible for reporting, data integrity, and generating analytical insights.
Manage the month-end close process, including IFRS accounting, journals, and reconciliations.
Assist with the preparation of management and statutory accounts across the group.
Provide high-quality technical accounting and financial analysis as needed.
Improve transactional and reporting processes and controls, actively identifying and implementing ways to make processes more efficient and scalable.
Proactively assess and advise on changes to accounting standards and their implications for the business.
Ensure accurate and timely preparation of VAT returns in collaboration with external tax advisors.
Complete other ad hoc tasks to support the wider finance team.

Requirements

Essential

Qualified accountant (ACA, ACCA, CA, CPA, or equivalent) with at least three years of post-qualification experience in implementing and applying IFRS for a sizable group.
A unique blend of experience from both a audit and in-house background, with a solid understanding of financial controls and best practices.
Proven experience in driving and implementing process improvements for efficient and scalable reporting.
Highly driven, self-starting, and comfortable working in a fast-paced environment.
Excellent communication skills, with the ability to articulate technical accounting principles to both finance and non-finance teams.
Advanced Excel skills (Pivots, SUMIFS, INDEXMATCH).

Desirable

Proven experience working within a group environment.
Experience in the software or fintech startup industry.
Proficiency in Workday systems is a distinct advantage.

Benefits

Highly competitive salary
Pension plan (match up to 5%)
Life insurance - three times annual salary
Competitive maternity (six months fully paid) and paternity leave (four weeks fully paid)
Shared parental leave (matched to our maternity leave for the same point in time)
25 days holiday and bank holidays
Flexible working hours
Cycle-to-work scheme
Electric car scheme
Season ticket loan
Access to outstanding learning materials and courses
Sports and hobby clubs, subsidised by Thought Machine
All the latest tech you need
Start the day properly with fresh fruit and cereals
Huge range of healthy (and not-so-healthy) snacks, smoothies and drinks
A talented and experienced team as your colleagues
An environment where we encourage learning and progress
Two charity days a year
Weekly food pop-up

Thought Machine is committed to making a measurable positive impact on people's everyday lives. We are an equal-opportunity employer and value diversity at our company.

We actively hire candidates who demonstrate technical excellence in their field and welcome people of all ages and backgrounds, providing everyone with equal access to professional development. You are encouraged to apply even if your experience doesn't accurately match the job description. We also encourage applications from those with different abilities, including candidates with ADHD, autism, dyslexia or dyspraxia.

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