Financial Accountant, Railsr
12 Month Fixed Term Contract
+ Equity potential
Banking-as-a-Service platform
Job no longer available
Banking-as-a-Service platform
101-200 employees
Job no longer available
+ Equity potential
101-200 employees
Company mission
To make finance an amazing experience everywhere in the world.
Role
Who you are
- You will need excellent communication skills (across all media) and possess the ability to ‘get things done’ in a flexible dynamic organisation
- Newly qualified accountant
- Strong technical knowledge
- Excellent analytical and problem-solving skills with a keen eye for detail
- Demonstrable experience in a similar role
- Good time management, ability to calm under pressure, ability to respond in a timely manner and keep all stakeholders appropriately informed of progress
- Ability to show initiative and think outside the box
- Good and confident communicator and able to deal with people at all levels in an organisation
- Familiarity with FinTech products, services, or sector experience is desirable
What the job involves
- This is an exciting opportunity to join our growing London-based Finance team for a hands-on newly qualified Financial Accountant
- You will play an integral role in the finance function, participating in the month end close, preparing financial statements, adhering to internal controls, automating processes and liaising directly with senior internal and external stakeholders
- The right candidate for this role will be comfortable working in fast-paced environments, where priorities are constantly changing, and processes will need to be built and enhanced alongside your BAU activity
- This position is based in our London office (hybrid working) and will report directly to the Financial Controller
- Responsible for the UK entities trial balance
- Participating in the month end close process, including preparation of journals, general ledger postings, bank and intercompany reconciliations and ensuring timely closing of the books and integrity of the results
- Preparing analysis on movements in key general ledger accounts
- Operating a high control environment, preparing monthly balance sheet reconciliations and resolving any differences
- Production of annual consolidated and stand-alone financial statements in accordance with FRS102
- Liaising with external auditors and preparation of audit support schedules and working papers
- Completing VAT returns, other tax compliance matters and any Regulatory Reporting requirements
- Working closely with the FP&A function to support the delivery of the Group management reporting and budgets
- Identifying and executing on continual process improvements ensuring systems and processes are operating as designed
- Assisting with ad hoc projects as may be required
- Help make amazing embedded finance experiences accessible to everyone and transform global financial services
- Build your career in an innovative, adventurous and inclusive environment where everyone has the opportunity to make a difference and develop their skills
- Work with talented, passionate and supportive people from all over the world in a flexible, hybrid environment with trust and mutual respect at its heart
Salary benchmarks
Our take
As the digital economy has grown, so too has the market for 'Banking-as-a-Service' - the process of ensuring the overall execution of financial services over the web. As businesses expand online, they have opportunities to be able to build and sell various financial services or add fintech features to their existing products. Railsr (formerly Railsbank) facilitates companies doing this easily, where it would previously have been a huge undertaking.
Essentially, Railsr is making financial services more inclusive. Previously, the complexities of legacy technology, managing global compliance and ancient bank processes have created a slow, complex and costly experience for customers. Now, through Railsr's Open Banking Platform and APIs, financial innovators have the means of creating the financial services, products and experiences their clients want.
In 2022, shortly after becoming Railsr, the company benefitted from the embedded finance boom and raised a large funding round to support its ongoing expansion efforts. Early in 2023, however, the company had to undertake an emergency sale and shift of control - though it seems to have remained positive throughout, citing the sale as a "pivotal moment" that will enable it to "rebuild momentum, drive change and return Railsr to growth."
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
50% female employees
-53% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Oct 2023
$24m
GROWTH EQUITY VC
Oct 2022
$26m
SERIES C
Total funding: $171.2m
Company benefits
- Work from home opportunities
Company values
- Excellence
- Accountability
- Diversity
- Work/Life Balance
- Trust
- Fun
- Inclusivity
- Friendship
- Noble Cause
- Respect
Company HQ
Holborn, London, UK
Articles
Leadership
Philippe Morel
(CEO, not founder)Was the CEO of SETL for four years. Previously Principal Investment Leader (EMEA) at Boston Consulting Group.
Diversity, Equity & Inclusion at Railsr
- Here at Railsr we make it a priority to ensure that our company is diverse and inclusive. Not simply because it’s the right thing to do, but because statistics prove that it creates a working environment which is safer, happier and more productive for everyone.
- We’re passionate about promoting gender, physical, ethnic and cultural diversity in our workplace. And we’re committed to helping every team member establish a sense of belonging and connection to our organisation, so that they can be truly their best self at work every day
- We regularly take time to honestly review our entire end-to-end employee experience. From sourcing, hiring and onboarding our staff, through to team-building, performance reviews, succession planning and mentoring, we consider every aspect to make sure we’re continuing to promote inclusivity, whilst measuring the impact of our approach.
- At Railsr you’ll find a diverse group of motivated individuals, with a shared entrepreneurial spirit and a start-up mentality. With 450 new team members from 39 nationalities having joined us in the past two years, we’re proud of our team and of the uniquely welcoming and supportive working environment we’ve created together.
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