Job Description

About Bits:

Bits is a pioneering fintech startup based in London, on a mission to enhance financial inclusion through innovative credit building solutions. Our platform empowers individuals who have been sidelined by traditional lenders. Backed by Y Combinator, we have rapidly scaled our services, serving over 700,000 customers throughout the UK.

About the Role:

We are looking for a detail-oriented and proactive Senior Finance Officer to join our dynamic finance team, supporting the Head of Finance and Finance Manager. In this role, you will be responsible for a range of financial functions including financial modelling, transaction processing, reconciliations, reporting, and compliance support. You will play a key part in ensuring the accuracy and efficiency of our financial operations.

Key Responsibilities:

Manage day-to-day financial operations including accounts payable and receivable. Prepare and process monthly financial transactions, ensuring accuracy and compliance with relevant regulations. Conduct regular bank reconciliations and financial audits to maintain data integrity. Assist in budget preparation, monitoring expenditures, and providing insights on financial performance. Support the preparation of financial reports and statements for internal stakeholders. Collaborate with the finance team to implement process improvements and financial controls. Assist with external audits and compliance requirements as necessary. Conduct extensive financial modelling.

Requirements

Bachelor's degree in Finance, Accounting, or a related field. A minimum of 10 years of experience in finance or accounting roles. Proven experience with financial reporting, budgeting, and transaction processing. Strong analytical and problem-solving skills with attention to detail. Proficiency in financial software and tools (e.g., Excel, accounting systems). Understanding of financial regulations and compliance standards. Excellent communication and interpersonal skills; capable of working with cross-functional teams. Ability to work independently and meet deadlines in a fast-paced environment.

Benefits

What We Offer

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.