Momenta Finance is a dynamic and rapidly expanding alternative finance provider in the Fintech sector. We are experiencing an exciting growth phase and are looking for people to join us who can have a positive impact right away. Our founding ambition is to offer SMEs and property developers the funding they need in order to prosper. By combining technology with some good common sense, we take a personalised approach to small business lending. Our lending decisions are often bespoke and it's this personal touch that makes us different. Since we launched in 2013, we've helped countless small businesses to grow, and we intend to do so for many more. We are a small, ambitious team with diverse backgrounds working in a non-corporate, social environment. We support each other, learn from each other, and have a lot of fun along the way.
The Role:
As a finance manager, you will be an integral part of the financial reporting team, focused on ensuring the accounting system is accurate, up-to-date, reflects the underlying loan management system transactions and is aligned with the applicable accounting standards, preparing the monthly management accounts, performing daily bank reconciliations and assisting with the statutory and funding line audits.
Reporting to:
Head of Finance
Key Responsibilities
Prepare daily bank reconciliations and ensure outstanding items are cleared timeously
Prepare weekly cash flow forecasts to ensure optimal use of liquidity
Be an integral part of bringing the entire finance function in-house and assisting with streamlining processes and improving the reporting timeline
Ensure the accounting system accurately and completely represents the nature of all transactions across all group entities (including prepayments, accruals and investments)
Assist the Head of Finance with the development of and evolution of financial controls and processes to ensure compliance with internal policies and external regulations
Prepare the monthly management accounting pack and ensure the financial information contained therein is accurate and of high quality
Produce monthly balance sheet reconciliations and be a point of contact for all balance sheet and income statement related queries and analysis
Support and assist the Head of Finance and the Head of Financial Operations and Recoveries with the statutory and funding line audits and ensure that all deadlines are met and address audit findings and recommendations in a timely manner
Work with the Head of Finance to ensure compliance with the applicable accounting standards and regulations
Ad hoc duties as required by the CFO, Head of Finance and Head of Financial Operations and Recoveries
Qualifications and skills:
Newly qualified ACA or similar, preferably with financial services experience
Ability to deliver with exceptional levels of accuracy and has fanatical attention to detail
Self-motivated, able to work under pressure and driven to succeed
Strong communication skills both written and oral
Ability to analyse and dissect information and present results in a logical and understandable format for all stakeholders across the business
Proficient in Excel and other Microsoft applications; experience with Sage accounting software a plus
Growth mindset and ability to adapt to changing business requirements in a fast-paced business environment
Location, commitments and benefits:
Duration: Permanent
Employment Type: Full Time
Salary: market related depending on experience
Leave: 25 days annual leave
Location: Office based role, 5 days a week (9am-5.30pm) - Finchley Road, NW London. Convenient location with easy access to public transportation (Metropolitan, Jubilee, Thameslink and Overground)
Comprehensive benefits package
Dynamic and collaborative work environment
Start Date: ASAP
Job Type: Full-time
Benefits:
Company pension
Cycle to work scheme
Employee discount
Life insurance
Private medical insurance
Application question(s):
Are you a qualified/newly qualified accountant?
Do you have any experience in finance / financial markets/ alternative lending environments?
Are you able to work in our offices 5 days a week?
Work Location: In person
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