Job Description

Management Accountant
Department: Finance
Employment Type: Full Time
Location: London, UK
Reporting To: Sam Mohungoo
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 and bookkeeping. As such this person will 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 clear career-progression opportunity.
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 the month end to schedule and owning all elements of financial operations, payroll and treasury.
Reporting to the Finance Manager, your responsibilities will include:
Month end close

• Prepare and maintain accurate financial records, including journal entries, balance sheet reconciliations and month-end close processes with a view to release accounts by day 10
• Assist in the preparation of the management accounts including variance analysis processes
• Supporting and working with local accounting, tax and corporate services providers in the US, Singapore, UAE and Japan

Year end close and audit support

• Assist with year-end close
• Assist with audit queries and provide all required supporting documentation.

Accounts receivable / revenue

• Work closely with assistant management accountant to ensure timely sales invoicing, collections and credit control, including but not limited to:

• Raising or approving invoices (new wins, renewals, and customer expansions), receiving payments, sending customer statements and responding to customer billing queries
• Navigate the CRM (Hubspot) and contract management system (Juro)
• Ownership of the Credit Control function - automated reminders and escalations are sent weekly from Satago, which triggers customer billing / contracting queries requiring response and / or escalation to our internal customer team
• Monitor revenue recognition in accordance with UK GAAP for SaaS-based subscriptions including overseeing journals prepared by the outsourced provider

Operational

• Simplify, streamline & automate operational processes
• Manage the offshore outsourced partner with the accounts payable cycle, releasing supplier payments and troubleshooting any issues arising in Tipalti
• Willingness to roll up your sleeves and be involved in 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
• Floating payroll, supplier payment and employee reimbursement tools

Strategic

• 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
• Following and adhering to financial control process and suggesting improvements to enhance the financial control environment
• Maintain and update detailed process notes and standard operating procedures (SOPs) for key financial tasks, ensuring clarity, compliance with current policies, and alignment with team workflows

Payroll

• Preparation of payroll by either inputting into payroll software or working with an outsourced provider
• Managing the payroll timetable and execution thereof alongside the people operations team

Skills, Knowledge & Expertise
Requirements
Must be energetic, trustworthy and dependable with exceptional attention to detail. Additionally, 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.
• Experience in a scaling tech company
• Strong understanding of SaaS revenue recognition principles and subscription-based business models.
• Vast experience in closing a month-end including journals, balance sheet reconciliations, analysing and commentating on the management accounts.
• Proficiency in accounting software (Xero / Netsuite) 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 professional qualification experience (ICAEW, CPA, ACCA, CA) in a similar role
• Netsuite implementation experience / involvement
• Crypto / Blockchain industry experience
• Exposure to some of the following systems

• Tipalti
• Payfit
• Satago
• Brex
• Telleroo
• Stripe
• Slack
• Hubspot
• Trinet
• Netsuite

Job Benefits
> How we work:

• Hybrid working and the option to work from almost anywhere for up to 90 days per year
• 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
• 100 cryptocurrency for you!
• Cycle to Work Scheme