Commercial Accountant

£55000 - £70000 dependant on experience + Bonus + Benefits

North London / Herts borders


They are one of the fastest growing companies in the UK with profits rising from £4million in 2014 to £25million in 2018. In the last 4 years the company has gone from one product to six products and have made several acquisitions. They are PE backed and have a dynamic, commercial environment with a strong collegiate culture. They have a new role for a qualified ACA who will over time, once the business has been leant, move into a more commercial role. The finance team, (which in 2014 consisted of just a very dynamic CFO and is now 7 strong) is very commercial and integrated with the business so there are very good opportunities for future career moves into the business as well as within finance. It is planned for the current Financial Controller to move into some of the continuously expanding duties across the group and so this new role will also backfill/deputise for the current FC role to provide back-up for all roles currently performed by the Financial Controller.

You will probably have dual reporting lines into current FC & CFO. The role is very varied and commercial and includes the following:

  • Prepare the monthly consolidated management accounts reporting pack (6 trading entities and 14 parent entities) plus analysis which takes approximately a week a month;
  • Assist with (possibly manage) the production of Annual Statutory accounts for the group. This takes a couple of months per year;
  • Provide expert knowledge of UK GAAP & IFRS - acquisition, impairment etc.
  • Take over Tax / Fiscal reporting including VAT and Corporation Tax fully documenting processes;
  • Manage the payroll process
  • Annual budgeting & forecasting which takes 2 - 3 months a year but during the year they are revisited and reforecast ;
  • Scenario analysis;
  • Financials, analysis and forecasts for new product launches;
  • Assist with (possibly manage) the migration to a new accounting package (away form Quickbooks)
  • Enhance the procedures & documentation within finance department
  • Take over some of the Regulatory/FCA reporting (MLAR, PSD etc)
  • Assist with testing & deployment of new Loan Serving platform
  • Assist with GDPR
  • Reporting to banks around funding for loan portfolios
  • Ad hoc projects and commercial work.

To be considered for this exciting role and company you must meet the following criteria:

  • Qualified ACA with good academics;
  • Technically up to date with IFRS and UK GAAP, with good appreciation of a wide range of responsibilities within a finance function;
  • Ambitious and driven with excellent interpersonal and communication skills;
  • Commercially minded or commercial potential;
  • Able to work in a fast moving, dynamic and commercial environment;
  • Appreciation of accounting procedures;
  • Appreciation of automation/technology implementations
  • Team-player