Financial Controller

Please note: This is on-site role from our office in Camden, London - 5 days a week. Visa sponsorship is considered for this role.

About Bits

Bits is a fast-growing fintech startup based in London. We are dedicated to promoting financial inclusion and providing credit building solutions to individuals who have been overlooked by mainstream lenders. With the support of renowned investors, we have quickly gained traction and currently serve over 300,000 customers across the UK.

About the role

This position requires a strategic thinker with strong leadership skills and a hands-on approach to problem-solving.

• Financial Reporting & Analysis:
• Prepare accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements.
• Provide detailed analysis of financial results, identifying trends, variances, and opportunities for improvement.
• Oversee month-end and year-end closing processes.
• Budgeting & Forecasting:
• Lead the annual budgeting process and provide ongoing forecasts.
• Monitor actual performance against the budget, providing variance analysis and recommending corrective actions.
• Develop financial models to support business planning and decision-making.
• Compliance & Audit:
• Ensure compliance with all applicable financial regulations, accounting standards, and tax requirements.
• Liaise with external auditors and manage the annual audit process.
• Maintain accurate records and documentation to support compliance efforts.
• Internal Controls & Process Improvement:
• Develop and implement robust internal controls to safeguard company assets.

• Provide guidance on financial best practices and drive process automation initiatives.
• Leadership & Team Management:
• Manage and mentor the finance team, fostering a culture of continuous learning and development.
• Collaborate with cross-functional teams to support business objectives and drive financial performance.
• Act as a strategic partner to the leadership team, providing financial insights and recommendations.

• Education: Bachelor’s degree in Finance, Accounting, or a related field. CIMA, ACCA, or equivalent certification is preferred.
• Experience: Minimum of 5-7 years of experience in financial management, with at least 2 years in a similar role, preferably within the fintech or start-ups.
• Technical Skills: Strong proficiency in financial software and systems (e.g., ERP systems, Excel, financial modelling tools).
• Knowledge: In-depth knowledge of accounting principles, financial regulations, and tax laws.
• Leadership: Proven experience in managing and developing finance teams.
• Analytical Skills: Excellent analytical and problem-solving abilities with a keen eye for detail.
• Communication: Strong verbal and written communication skills, with the ability to present complex financial information clearly and concisely.

Benefits

• A dynamic and inclusive work environment in a rapidly growing fintech startup.
• Opportunities for professional development and career growth.
• Competitive salary.
• The chance to make a significant impact on financial inclusion and credit building for underserved communities.

If you are passionate about finance and eager to contribute to a growing company, we would love to hear from you. Please submit your resume and a brief cover letter outlining your relevant experience and why you are a great fit for this role.