Financial Director

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Thought Machine, one of the UK's leading fintech companies, is undergoing a period of rapid expansion and is looking to hire a candidate in the role of a Financial Director.

Our mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure. Nearly every bank is stuck on a legacy IT platform, which cripples their ability to innovate and give their customers the type of service they deserve.

Our solution to this is Vault: a complete retail banking platform that is capable of being configured easily to suit the needs of any bank. We have built Vault from the ground up as a cloud native, microservice API architecture platform. Thought Machine has a deep culture of engineering excellence, and we believe it is this which delivers a solution compelling enough to engender a seismic shift in the banking industry.

Thought Machine is looking for highly talented individuals to help grow the company and achieve our ambitious goal. We pride ourselves on having an excellent internal culture, where we strive hard to create the best possible working environment; a healthy mix of great technical work, fast pace, supportive atmosphere, and of course our irreverent sense of fun.

Thought Machine hires team members of excellent calibre in every role. While a lot will be asked of you, you will benefit greatly from working in a world class team, with colleagues who excel. Working at Thought Machine is fast paced and team oriented with an emphasis in delivering the highest quality work in every role.

Thought Machine is looking for a Financial Director to play a pivotal role in the finance team. The role reports directly into the CFO and will involve a high level of engagement throughout the business, with plenty of exposure to senior management. You will take on day-to-day management of the financial control of the business. This role will suit a candidate who enjoys being hands on, is proactive, organised, has a high attention to detail and is excited about being part of building a world class finance function supporting the business as it scales rapidly.


DUTIES

  • Production of management accounts. You will be involved in all financial reporting and producing the management information that the business needs to monitor and analyse ongoing performance. This will be used throughout the business up to board level.
  • Ownership of month-end close
  • Development of monthly management reports for the Board
  • Implementation of scalable client billing process
  • Implementing a strong financial control framework that is fit for purpose now and as the business continues to develop
  • Ownership of cash reporting and cash flow management
  • Oversight of AP/AR, payroll and pensions
  • Ownership of all Tax / HMRC matters, including ensuring all deductions and payroll activities are compliant
  • Ownership of day to day banking relationship
  • Act as the primary go to person for monthly, quarterly and year-end financials and audit
  • Liaising with external firms such as accountants, auditors, HMRC, and tax partners

Requirements

  • Qualified Accountant BIG 4 audit practice or Blue Chip Graduate training scheme (ACA, ACCA, CIMA or equivalent)
  • PQE of 5 years minimum, ideally including time in am SME growth business with responsibility for financial reporting, governance and finance operations
  • Technically strong with good knowledge of reporting under IFRS
  • An impressive educational and business background, with a track record of sustained high achievement
  • Prior experience in process and financial control development and implementation.
  • Advanced MS office skills, particularly excel
  • A self starter with an attitude to do and lead by example
  • Genuine excitement about the unknown and a changing landscape
  • An eagerness to embrace the variety of challenges presented every day in a fast growth company
  • A willingness to take on a broad and evolving role that at times will require you to roll your sleeves up and do what it takes to get the job done


DESIREABLE

  • Xero accounting software knowledge
  • Financial Systems implementation
  • Team management experience - managing and training team members
  • Experience working in high-growth B2B Fintech startup/scale-up company
  • Experience in license product billing

Benefits

  • Competitive salary
  • Share options
  • Pension
  • Healthcare (including dental & optical)
  • Other perks like sports clubs, healthy (and sometimes not so healthy) snacks, tea and coffee
  • A talented & experienced team as your colleagues
  • An environment where you can learn and progress
  • Friday team wrap up with drinks and food

Thought Machine are 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 for cultural growth. We welcome people of all ages, backgrounds and value people who taken a journey unique to them.. We provide everyone with equal access to professional development. You are encouraged to apply even if your experience doesn't precisely match the job description.

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