Finance Manager, Smol
More information about location
Laundry detergent letterbox delivery
Job no longer available
Laundry detergent letterbox delivery
101-200 employees
Job no longer available
More information about location
101-200 employees
Company mission
Smol's mission is to provide high-quality, ethical and affordable everyday products directly to customers.
Role
Who you are
- We are looking for someone who brings both technical expertise and a proactive mindset
- A commercially astute part-qualified or newly qualified accountant, with a strong eye for detail
- Experience in a similar industry role; sector experience is preferable but not essential
- Confident in preparing management accounts and balance sheet reconciliations
- Able to work collaboratively within a team while meeting tight deadlines
- A clear communicator, skilled at making financial information easy to understand
- Naturally curious, with an eye for process improvements and the confidence to make suggestions
- Familiar with Xero or similar accounting systems
What the job involves
- As a Finance Manager at smol, you will take ownership of our day-to-day financial operations working with the team to support the ongoing financial wellbeing of the business
- This role will be pivotal in managing core finance functions, providing accurate and timely information to support strategic decision-making
- This is a hands-on and collaborative role, designed for someone who thrives in a fast-paced, people-focused environment
- Overseeing day-to-day finance operations
- Provide guidance and support to the Finance Assistant, ensuring daily processes such as invoicing, payments, and reconciliations are completed accurately and efficiently
- Producing management accounts
- Take ownership of preparing monthly management accounts, delivering accurate and timely reports
- Overheads forecasting and budgeting
- Lead on producing forecasts and managing budgets for overheads, working closely with department leads to ensure financial discipline and accountability across the business
- Balance sheet and cashflow management
- Prepare and review balance sheet reconciliations and cashflow forecasts, ensuring a strong financial position is maintained and highlighting any risks or opportunities
- Tax compliance
- Manage the preparation and submission of VAT returns across multiple jurisdictions (UK, Germany, and OSS), ensuring compliance with local regulations and deadlines
- Payroll oversight
- Oversee the preparation of monthly payroll, ensuring accuracy, timeliness, and compliance with statutory requirements
- Annual budgeting and year-end support
- Assist in the preparation of annual budgets, and play a key role in the year-end process, liaising with external accountants to ensure a smooth and efficient audit
- Systems and process improvements
- Support ongoing improvements to finance systems and processes, working with colleagues across the business to ensure efficiency, accuracy, and scalability as we grow
- Project work and transformation
- Contribute to ad hoc finance projects, including initiatives focused on strengthening internal controls, driving finance transformation, and embedding best practices across the department
- As a certified B Corp, we are committed to balancing profit with purpose
- You will ensure that financial processes and reporting not only safeguard profitability but also reflect our values
- Considering sustainability, social responsibility, and long-term positive outcomes in financial planning and decision-making
Our take
Smol's business model is simple: deliver homecare products directly to the customer. In doing so, it cuts out the middleman, allowing customers to save up to 50% against traditional supermarket brands.
Not only do its products match or better the leading brands in tests, but they also suit customers' desire for ethical consumption. All Smol products are ethically sourced, 100% vegan and shipped in recyclable packaging. With its convenient, subscription-based postal plan, Smol is beginning to establish a firm customer base for the long term.
The homecare sector is not an easy one to break into and is dominated by three key players: Unilever, P&G, and RB. However, these major brands rely heavily on relationships with retailers and the high street, and by selling directly to the consumer, Smol undercuts the market by bypassing the need for big retailers. It has benefitted from market disruption over the past few years due to this approach.
The key focus for Smol is to secure a strong place in the industry. If it can do this, it will likely see considerable success. Led by industry experts and with promising products, Smol has great potential and will likely see huge growth over the next few years.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
May 2021
$32.8m
SERIES B
Jul 2020
$11m
SERIES A
Total funding: $43.7m
Company benefits
- Volunteer Leave
- Staff discount
- Flexible remote working with co-working space credits
- 25 days annual leave + bank holidays
Company HQ
Crawley, UK
Leadership
Paula Quazi
(Co-Founder)A graduate from the University of Reading, Paula gained 20 years experience at Unilever before co-founding Smol.
Nick Green
(Co-Founder)Previously CEO at Endource Ltd, a fashion business.
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