Senior Revenue Controller, Tide
Offers shares options
Business accounts for SMEs
Be an early applicant
Business accounts for SMEs
1001+ employees
Be an early applicant
Offers shares options
1001+ employees
Company mission
Tide's mission is to transform the business banking market, and to save SMEs time and money.
Role
Who you are
- Experience working in fintech, financial services or MNCs
- Strong financial acumen and excellent technical accounting skills. Familiar with accounting standard and disclosure requirements under UK GAAP and/or IFRS
- Experienced in dealing with the statutory audit of financial services company
- You hold a professional finance qualification (CA)
- 5+ years PQE
- Confident dealing with senior stakeholders across the business and owning your work with minimal hands-on management
- Excellent commercial acumen
- Meticulous attention to detail
- Excellent verbal and written communication skills
- Ability to take responsibility for business-critical financial operations
- Exceptional organisational skills
- Ability to stick to tight deadlines
- Curious mind and high level of problem solving capability
- Motivated by making a difference and getting things done
- You would like to work in a fast-paced, startup environment
- Personable, and able to build strong working relationships
- Tech savvy, with strong Microsoft Excel/Gsheet skills
- Experience with Xero or SAP
What the job involves
- The Financial Reporting and Control team are responsible for the financial controllership of the Tide Group. This includes month end reporting, statutory accounts and related audits and ensuring a robust control framework and processes for our global Finance operations
- E need someone to be proactive, take initiative and build out best in class financial reporting and control processes and procedures for our Revenue Control & Regulatory Capital team
- As our new Senior Revenue Controller you’ll report to the Group Financial Controller and be responsible for the financial reporting and controllership of Revenue, Cost of Sales and Risk Costs within the Tide Group. You will be responsible for the accuracy of Tide’s UK regulatory reporting, managing both internal and external reporting
- It’s exciting times here at Tide, we are scaling and developing our product offering at a phenomenal rate and have made our first step into our ambitious plans towards international expansion and diversifying our product offering
- Responsible for the monthly close process - capturing Revenue, Cost of Sales and Risk Costs (incl. related B/S items) to the ledger
- Review the month end P&L and balance sheet for relevant line items, understand drivers of month on month movements, provide variance analysis and perform analytical review of the financials
- Collaborate closely with the Business Areas, Financial Risk Management and FP&A to provide analysis of the revenue and cost of sales of the Tide group entities
- Maintaining best practice documentation of accounting policy and papers for material transactions, revenue recognition and key business processes
- Collaborate within the Financial Reporting & Control team to ensure timely and accurate reporting of monthly P&L, balance sheet and cash flow, annual financial statements and regulatory reporting
- Ensure proper books and records for all financial transactions
- Build out balance sheet substantiation procedures and monthly reconciliations
- Manage relationships with external auditors and tax advisors
- Build robust financial control processes and strengthening internal control framework
- Identify opportunities to streamline and improve accounting processes, operations and systems
- Collaborate with the project team and play a key role for your assigned work areas for the new SAP general ledger system
Our take
Small businesses and sole traders are still underserved by most traditional banks. Tide solves that problem by offering speedy, affordable and effective financial services tailored to SMEs.
Since its launch Tide has gained considerable traction among small businesses. This is largely thanks to their fast onboarding times, low fees and the diversity of their products, which include a number of accountancy tools. Headed up by a former RBS, C&A and Optanus executive, Tide is uniquely positioned within the financial services market.
Having built a strong user base of over 500,000 in the UK, Tide has since launched in India, where it has an additional 50,000 users. Through further expansion into Europe and continual addition of 'first-of-its-kind' features, Tide is well set to secure a larger market share.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
40% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jan 2023
$23.4m
GROWTH EQUITY VC
Jul 2021
$100m
SERIES C
Total funding: $280.5m
Company benefits
- Discounted gym membership
- Personal learning and development allowance
- Enhanced family friendly leave
- Paid volunteering and charity work days
- Cycle-to-work scheme
- Option to buy extra holiday, or take a sabbatical
- Work from home opportunities
- Health insurance
- Flexible working
- Breakfast, snacks and hot drinks
- Private healthcare cover
- CBT and subsidized mental health apps
Company HQ
City of London, London, UK
Articles
Leadership
Dr Oliver Prill
(CEO, not founder)Started out as a consultant at McKinsey. Previously served as CEO of both C&A Bank and Optanus, and was COO of Kreditech Holding.
Share this job
View 11 more jobs at Tide