Finance Manager

  • Operations
  • London, United Kingdom

Finance Manager

Job description

What we do at Codat

Codat is a fast-growing technology company located in Clerkenwell, Central London. We are a universal API for small business financial data.

We build developer-friendly infrastructure that gives businesses the ability to create their own next-generation products. We are well-funded with a large and growing number of enterprise and fintech clients - most recently we were awarded a £5m grant from the RBS Capability and Innovation Fund to help power our growth.

What you will be doing

You will be the first hire in Codat’s Finance function and will own Codat’s finances and help scale the team as we grow. You will have the opportunity to get to grips with managing all aspects of an operational P&L and drive our financial success. You will set and ensure adherence to financial processes and controls and maintain the accuracy and completeness of the finance system to enable accurate and trusted reporting. This includes:

  1. Leading Codat’s Finance function end-to-end
  2. Manage all reconciliations - ensure all transactional finance (AP, AR and expenses) is complete, accurate and up to date
  3. Ensure robust historical reporting, future budgeting and forecasts and monitor actuals against budgets
  4. Ensure that journals, balance sheet reconciliations and revenue recognition are completed on a monthly basis
  5. Manage company payroll
  6. Take the lead on our financial compliance, ensuring the optimization and timely submittal of all tax-related filings including year-end, VAT, PAYE, R&D, EMI scheme
  7. Preparation of monthly company accounts and the consolidated group accounts
  8. Optimise existing, and implement new, scalable and appropriate processes, controls and technology to improve financial control
  9. Ensure that Xero is kept accurate and complete
  10. Prepare us for audit
  11. Own Codat’s relationship with our 3rd party financial advisers
  12. Support Codat leadership in all corporate finance matters

Our values

No matter what we’re doing, whether we’re speaking to customers, partners or to each other, we try at all times to live by our values:

Useful - We believe in delivering technology that solves real problems for real businesses. We have a real want to do the stuff that isn't always sexy but makes a difference.

United - We believe that the people in the best teams push and enable each other to excel. We have each other’s back - when things go wrong, there isn't blame, we work together to fix it. We embrace differences of opinion to end up with an even better outcome - not letting our egos win.

Unstoppable - We believe that constant drive towards a single, clearly stated goal is the primary method of building great things. We are biased towards action - our decisions are informed and then we act. There is no such thing as a hard problem - it is how we outperform others.


What excites us

  • Good understanding of all financial processes
  • Commercially focused and understand the demands of a growing startup
  • Good organisational skills and the ability to prioritise a busy and diverse workload

Must haves:

  • ACA Chartered Accountant
  • 1-2 years post-qualification
  • Experience using Xero or other similar accounting package
  • Data driven with great eye for detail and a stickler for accuracy
  • Independent thinker with a go-get attitude to own and develop the entire function

Nice to haves:

  • Industry experience (outside of accountancy practice) as a financial or management accountant
  • Understanding of SaaS or technology business models