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Head of Accounting

FryerMiles Recruitment
Posted 3 days ago, valid for a month
Location

Hexham, Northumberland NE46 4ER

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Head of Accounting position offers a salary range of £100,000 - £120,000, along with stock options and company benefits, and is based in London with remote work flexibility.
  • The role requires a minimum of 5 years of experience in accounting, preferably in a fintech or payments environment, with a focus on building and scaling accounting functions.
  • Key responsibilities include establishing in-house accounting operations, implementing policies, and managing the finance team to support global growth.
  • Candidates should possess qualifications such as ACCA, CIMA, or ACA, along with experience in VAT and tax compliance, and familiarity with revenue recognition principles.
  • The ideal candidate will have strong leadership skills, a high attention to detail, and the ability to adapt in a fast-paced startup environment.

Head of Accounting - £100,000 - £120,000 + Stock options & company benefits - London (Remote)

FryerMiles are delighted to be exclusively partnering with a VC backed Fintech business in London, to assist in hiring a Head of Accounting to join this fast-growing startup organisation.

The Head of Accounting will be responsible for the day-to-day operation of all financial aspects of the company. This role has manages the finance team and is responsible bringing the finance function inhouse, working closely with the CFO, to ensure the build out of the accounting function from the ground up.

Responsibilities Include:

  • Build out the accounting function from the ground-up (currently outsourced)
  • Design and implement accounting policy and procedural documentation
  • Develop internal control for all key financial processes - Invoice validation to Payment validation process (PO already addressed in Omnea), Order to Cash, Revenue Recognition, FSCP/closing activities and Payroll.
  • Build scalable accounting processes, establish measures of success, set benchmarks and improve timelines and efficiencies to support global growth
  • Implement an efficient AR collectability strategy
  • Perform and drive monthly, quarterly and yearly close activities, including manual journal entries, balance sheet reconciliations
  • Ensure that the company accounts are closed in a timely fashion and in accordance with UK GAAP and IFRS 
  • Develop, manage and improve process metrics utilizing automation, lean practices and process optimization to scale 
  • Lead the multi-region roll-out plan with subsidiary to be incorporated into APAC and North-America
  • Producing internal management reporting and external audit support
  • Preparing the business for audit and liaising with external parties
  • Partner with Revenue Operations, People Operations, and/or Legal to investigate issues that arise during reporting cycles
  • Create global best practice documentation and facilitate sharing across the organization.

Desired Skills:

  • Top 20 exposure to Audit, Accounting and Risk reviews
  • ACCA/CIMA or ACA qualified
  • Experience within a Payments/Fintech
  • Previous exposure with VAT and Tax compliance activities 
  • Previous experience with Revenue Recognition accounting principles for complex and usage-based B2B contracts
  • Led Accounting teams in a multi locations set up and exposure to working in multicultural, location and dynamic business environment 
  • Experience in building and scaling new teams fully remote from the ground-up
  • Experience in rolling-out and working with finance systems (e.g. Net Suite)
  • Acute eye for detail and high working standards
  • High integrity and natural desire to assume responsibility.
  • Approachable and confident personality type, comfortable within a wide range of organizational environments.
  • Highly adaptable in a fast pace changing environment and be able to multitask
  • Startup experience in a fully remote environment

Head of Accounting - £100,000 - £120,000 + Stock options & company benefits - London (Remote)

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.