Financial Accountant

Elliptic; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading company in the SaaS sector is seeking a Financial Accountant to manage financial reporting and compliance. The role involves working closely with the finance team to enhance financial processes and support business growth. Candidates should have a strong accounting background and excellent communication skills, with opportunities for professional development and hybrid working arrangements.

Benefits

Remote working budget

Learning & Development budget

25 days of annual leave + bank holidays

Enhanced parental leave

Private Health Insurance

Life Assurance

GBP 100 cryptocurrency

Cycle to Work Scheme

Qualifications

• Experience with transfer pricing and indirect taxes.
• Strong understanding of SaaS revenue recognition principles.
• 2 years of post qualification experience in an accounting role.

Responsibilities

• Own the external audit processes and ensure compliance with GAAP/IFRS.
• Prepare and maintain accurate financial records and assist in management reports.
• Support budgeting, forecasting, and variance analysis processes.

Skills

Attention to Detail

Problem Solving

Communication

Education

Bachelor's degree in Accounting

ICAEW, CPA, ACCA, CA or equivalent qualification

Tools

Xero

Google Suite

Excel

Job description

Financial Accountant

Department: Finance

Employment Type: Full Time

Location: London, UK

Description

What's the role?

Elliptic is looking for an energetic, and ambitious finance professional to help with the day to day of the finance function for this high-growth SaaS business.

This person will work closely with all the finance team members to help establish and look after various accounting and financial control processes,with specific ownership over external audit, tax and corporate governance. This person will also play a central role in a function that drives the growth of the business by continually improving speed and integrity of management information for teams throughout the business.

This offers a rapid learning curve with increasing understanding and ownership of all finance processes under the guidance of and reporting to the Finance Manager and the opportunity to use the knowledge obtained from your audit / assurance training operationally.

You will also benefit from a growth mindset environment including close attention to career development, as well as on-going learning about the role, wider industry and personal development.

Key Responsibilities

What you'll do?

This person will enjoy the satisfaction of closing month end to schedule and owning all elements of financial reporting and related regulatory compliance (tax filings, audits, and regulatory reporting).

Reporting to the Finance Manager, your responsibilities will include:

Regulatory

• Own the external audit processes end to end i.e. from planning through to the signing of the Group Consolidated Financial statements.
• Ensure compliance with GAAP/IFRS and other relevant financial regulations.
• Supporting and working with local accounting, tax, valuation and corporate services providers in the UK, US, Singapore and Japan.
• Own the tax filings and related regulatory reporting for both direct and indirect taxes.

Operational

• Prepare and maintain accurate financial records, including journal entries, reconciliations, and month-end close processes.
• Assist in the preparation of management reports, and board / investor presentations.
• Monitor revenue recognition in accordance with UK GAAP for SaaS-based subscriptions.
• Willingness to roll up your sleeves and be involved in other operational tasks such as:
  • Management of the various finance inboxes & helping with queries across different teams
  • Daily monitoring of banks accounts, reconciling incomings and outgoings in Xero
  • Overseeing the offshore outsourced accounts payable partner
  • Work closely with the finance assistant / assistant management accountant to ensure timely sales invoicing, collections and credit control

Strategic

• Support budgeting, forecasting, and variance analysis processes.
• Identify and implement opportunities for process automation and financial system improvements.
• Collaborate with cross-functional teams to provide financial insights that support business decision-making

Skills, Knowledge & Expertise

Requirements

As well as being energetic, trustworthy and dependable with exceptional attention to detail, the ideal candidate will always look to improve on accepted norms, and should possess the following traits:

• Bachelor's degree in Accounting, Finance, or a related field.
• ICAEW, CPA, ACCA, CA or equivalent qualification fully completed (no exceptions made)
• Technical accounting experience i.e. through completion of a training contract with a professional services firm in assurance / audit.
• Experience with transfer pricing, indirect taxes (VAT and GST), R&D claims and corporate tax.
• Strong understanding of SaaS revenue recognition principles and subscription-based business models.
• Exposure to closing a month-end including journals, balance sheet reconciliations, analysing and commentating on the management accounts.
• Proficiency in accounting software (e.g., Xero) and Google suite (gmail, google sheets / docs / slides etc) and Excel.
• Experience with financial reporting and analysis.
• Excellent attention to detail and problem-solving skills.
• Strong communication skills and ability to work in a fast-paced environment.
• Excellent communication and team-working skills
• Enthusiastic personality

Bonus Points (advantageous but not essential) for:

• 2 years of post qualification experience in an accounting role out of professional services / audit
• Tech sector, Crypto / Blockchain and / or SaaS industry experience
• Exposure to some of the following systems
  • Tipalti
  • Satago
  • Brex
  • Telleroo
  • Stripe
  • Slack
  • Hubspot
  • Payfit

Job Benefits

> How we work:

• Hybrid working and the option to work from almost anywhere for up to 90 days per year
• GBP 500 Remote working budget to set up your home office space

> Learning & Development:

• $1,000 Learning & Development budget to use on anything (agreed with your manager) that contributes to your growth and development

> Vacation/ Leave:

• Holidays: 25 days of annual leave + bank holidays
• An extra day for your birthday
• Enhanced parental leave: we provide eligible employees, regardless of gender or whether they become a parent by birth or adoption, 16 weeks fully-paid leave and leave.

> Benefits:

• Private Health Insurance - we use Vitality!
• Full access to Spill Mental Health Support
• Life Assurance: we hope you will never need this - but our cover is for 4 times your salary to your beneficiaries
• GBP 100 cryptocurrency for you!
• Cycle to Work Scheme