General information
Job Title Group Reporting Manager City London Country United Kingdom of Great Britain and Northern IrelandDescription
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 Reporting Manager will be responsible for the delivery of accurate and timely financial reporting across the group under IFRS. This role will play an integral part in scaling the accounting processes and procedures of a fast growth business. 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 reporting through the group companies. Duties
- Leading the preparation of the Group’s consolidated reporting and year end financial statements under IFRS, and subsidiary financial statements under local accounting standards.
- Act as the main point of contact for external auditors to coordinate audit deliverables and ensure timely completion of audits.
- Manage the Group month-end close and reporting processes, ensuring all deadlines are met.
- Provide technical accounting advice to support the accounting treatment taken by the group on business transactions.
- Develop accounting policies and procedures, and ensure new and amended accounting standards are assessed and implemented, as needed.
- Work closely with the FP&A team and accounting team to drive group reporting projects and implement improvements in group reporting capabilities.
- Support the Group Financial Controller in the development and implementation of best-in-class reporting practices of a fast-growing business.
- Support or lead ad hoc projects as the team and business expands internationally.
Requirements
Essential- Fully qualified accountant (ACA, ACCA, CA, CPA, or equivalent) with post-qualification experience in implementing and applying IFRS for a sizable group.
- Strong audit and industry background with solid understanding of financial controls and best practices.
- Experience in driving and implementing process improvements for efficient and scalable reporting processes.
- Highly driven, self starting, and comfortable working in a fast paced environment.
- Excellent communication skills. Ability to articulate technical accounting principles to finance and non-finance teams.
- Proven experience working within a group environment
- Have experience in the software industry
- Have experience working in a fintech startup
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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