Fractional Financial Controller

Machnet Robotics; Greater London; On-site; GBP 55,000 - 75,000; Part time

Benefits offered by this job

Continuous learning and professional development

Inclusive and diverse workplace

Competitive salary package

Job summary

A pioneering medtech company based in Greater London seeks a Fractional Financial Controller. This hands-on role involves overseeing the finance function, ensuring accurate financial reporting, and managing compliance with UK VAT and payroll. Responsibilities include delivering monthly and quarterly closes, managing cash flow, and supporting budgeting and forecasting. The ideal candidate will be a qualified accountant with strong IFRS knowledge and experience with Xero. This role starts at 2 days a week with potential to evolve into a full-time position.

Qualifications

• Strong IFRS experience in financial reporting and consolidation.
• Understanding of payroll processes and compliance in the UK.
• Knowledge of R&D tax relief regulations in the UK.

Responsibilities

• Deliver the monthly and quarterly close for group entities.
• Oversee payroll and ensure compliance with VAT and tax regulations.
• Manage cash flow and financial reporting for multi-currency accounts.

Skills

Pragmatic problem-solving

Financial statement presentation

Knowledge of UK VAT

Experience with Xero

Education

Qualified accountant (ACA, ACCA, CIMA)

Job description

We are looking to appoint a hands‑on Fractional Financial Controller to take ownership of the group’s finance function. This role is well suited to someone who enjoys operating in a scaling, R&D‑focused environment, combining technical accounting expertise with practical delivery. The Controller is expected to work 2 days a week and plan their schedule independently.

The Controller will be responsible for overseeing outsourced bookkeepers, ensuring accurate and timely monthly and quarterly closes, managing payroll and tax compliance across jurisdictions, and producing IFRS‑compliant group accounts, including consolidation and foreign currency reporting. This ideally turns into a full time position within a year.

Key Responsibilities

• Own and deliver the monthly and quarterly close for all group entities
• Review, challenge and sign off work prepared by external bookkeeping providers
• Prepare and maintain IFRS‑compliant management and statutory accounts
• Perform group consolidation, including intercompany reconciliations and FX translation
• Ensure accurate accounting for accruals, prepayments, fixed assets and R&D expenditure
• Support budgeting, forecasting and financial analysis

Payroll, VAT & Tax Compliance

• Ensure UK and Dutch VAT returns are prepared, reviewed and submitted accurately and on time
• Oversee corporation tax compliance and statutory filings
• Coordinate R&D tax relief and transfer pricing with external advisers
• Ensure payroll is processed accurately and on time

Cash Management & Banking

• Manage cash flow, forecasting and runway reporting
• Oversee multi-currency bank accounts and payments
• Maintain financial controls and approval limits
• Support fundraising and investor reporting
• Systems, Controls & Governance
• Maintain internal controls appropriate for a scaling medtech business
• Drive process improvements and audit readiness

Who We Are Looking For

• A pragmatic and results focused problem solver
• You know when to introduce the right level of controls in a growing, entrepreneurial business
• You have worked with founders/entrepreneurs in the past
• Qualified accountant (ACA, ACCA, CIMA)
• Strong IFRS, financial statement presentation and consolidation experience
• UK VAT and payroll knowledge
• UK R&D tax relief knowledge
• Experience with Xero

Experiences We Value

• Exposure to tax and compliance in Singapore and Netherlands
• Medtech, life sciences or R&D experience
• Venture‑backed or pre‑revenue company experience

Why Join Us?

At MMR, you’ll work at the intersection of robotics, AI, and healthcare. You’ll lead the creation of a verification function that directly enables a medical robotic platform to move from prototype into hospitals safely and confidently. You’ll be part of a collaborative, impact‑driven team where your work directly influences product safety, reliability, and clinical adoption.

We believe technology must serve people responsibly. At MMR, we value human‑centred innovation, moral integrity, and long‑term responsibility, both in how we design our products and how we treat our employees.

What We Offer

• Join an international and interdisciplinary team based in the Netherlands (Zwolle) and Central London.
• Contribute to a rapidly growing medical device startup with ambitious global impact goals.
• A central London office with a hands‑on engineering culture and access to prototyping.
• Continuous learning and professional development through training, workshops, and conferences.
• An inclusive and diverse workplace that values every team member.
• A competitive salary package aligned with senior‑level responsibility.

About Us

Machnet Medical Robotics (MMR), founded in 2020, is on a mission to revolutionise medical robotics. Our guiding principle is simple: innovation must improve patient outcomes, support clinicians without disrupting workflows, and empower healthcare staff rather than adding burden.

MMR is a well‑funded company with long‑term investors and a strong financial foundation. Our talented hardware and software team has successfully developed a fully functional prototype of our medical robotic platform, which has already undergone successful animal trials. With the prototype validated, we are now entering the next phase: maturing the architecture for production and scaling, ensuring safety, reliability, manufacturability, and regulatory readiness as we prepare to bring our technology to hospitals worldwide.