Head of Finance, Atoa

£100-110k

Stock options in the company (post probation)

Xero

Sage

Senior and Expert level

London

3-5 days a week in office (Canary Wharf, London)

Atoa allows consumers to pay businesses both in-store and online using their existing UK Bank App

Be an early applicant

Atoa allows consumers to pay businesses both in-store and online using their existing UK Bank App

21-100 employees

FintechB2BPaymentsSaaSMobile

Be an early applicant

£100-110k

Stock options in the company (post probation)

Xero

Sage

Senior and Expert level

London

3-5 days a week in office (Canary Wharf, London)

21-100 employees

FintechB2BPaymentsSaaSMobile

Company mission

To help businesses across the UK receive payments at a fraction of the cost of card payments by leveraging the massive potential of open banking.

Job

Company

Role

Who you are

ACCA or equivalent qualification
Minimum of 5+ years of experience in a similar role, preferably within a regulated financial services firm
In-depth knowledge of financial planning, budgeting, and analysis
Strong understanding of accounting principles, financial regulations, and tax laws
Proficiency in financial management software, including TAS, SAGE, and Xero
Experience in the safeguarding of customer funds preferably in an authorized e-money or payment institution
Excellent leadership and team management skills
Effective communication and interpersonal skills for cross-departmental collaboration
Experience within a startup environment with a flexible 'can do' approach
Ideal candidates will come from a financial services background and have a solid understanding of relevant rules and regulations

What the job involves

Prepare accurate and timely financial reports, including monthly, quarterly, and annual financial statements
Prepare budgets and forecasts and track actual performance against budgeted performance
Collaborate with our external accounting firm to prepare, review and submit periodic financial reports to HMRC and Companies House
Conduct comprehensive financial analysis to identify trends, risks, and opportunities for improvement
Ensure month-end balance sheet reconciliations are completed accurately
Provide financial guidance and support to team members and other departments
Ensure compliance with relevant financial regulations, accounting standards, and tax laws
Establish and maintain robust internal controls to safeguard customer funds
Collaborate with our external accountants regarding year-end reporting

Application process

1. Apply online
2. Screening call with our Head of Compliance
3. Assignment
4. Final interview with our CEO/COO and offer

Salary benchmarks

Our take

In the UK, millions of small businesses have no alternative to debit card payments and are stuck with day-long wait times for a relatively high cost. Atoa challenges this with its open banking-based payment solution, which reduces the cost of accepting payments by an impressive 70%.

With Atoa, businesses are able to take payment in-person via QR code, or via SMS, with funds transferred in a matter of seconds. On-the-go vendors and traders can present codes from their own devices to any customer with a UK mobile banking app, enabling them to take instant, easy payment at a fraction of the cost of Mastercard or Visa payment rails.

Atoa’s flat rate of 0.6% per transaction, free from contract, makes it an attractive option amongst the sea of small business payment solutions, as does its simplicity for both payee and payer. The company has raised strong early investment that will help to scale operations and secure more users, with ultimate ambitions to become a mainstream small-business-friendly payment method and replace payment cards.

Steph

Company Specialist at Welcome to the Jungle

Insights

Strong hiring activity

Top investors

Trustpilot (4.7)

Company

Funding (2 rounds)

Jun 2023

$6.5m

SEED

Nov 2022

$2.3m

SEED

Total funding: $8.8m

Company HQ

City of London, London, UK

Articles

Thiel-backed fund Valar seeds British payments start-up

Payments fintech Atoa raises $6.5m to rival Mastercard and Visa

Two Irish-led firms included in list of ‘most exciting European fintechs’

Irish co-founded Atoa raises €6m in seed funding round

Leadership

Sid Narayanan

(CEO)

Previously a Senior Product Manager at Boston Consulting Group (BCG). Co-founder and former Head of Product at KlearCard. Also co-founded Greyloft.

Cian O'Dowd

(COO)

Worked as a Product Manager at Adyen. Co-Founder and former COO at KlearCard.

Jeff M

(CCO)

Former Senior Sales Manager for Salesforce, and previously a Consulting Associate at McKinsey & Company.

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