Financial Controller, Not On The High Street
£90-97k
Senior and Expert level
London
The home of small brand magic
Job no longer available
The home of small brand magic
21-100 employees
B2CMarketplaceFoodFashionInterior designFurnitureHome improvementWeddingseCommerce
Job no longer available
£90-97k
Senior and Expert level
London
21-100 employees
B2CMarketplaceFoodFashionInterior designFurnitureHome improvementWeddingseCommerce
Company mission
Making small businesses the future, adding passion and purpose to the world.
Role
Who you are
- A qualified financial accountant (ACA, CA, ACCA etc) with at least 5 years of PQE
- Good working knowledge of financial risk and controls
- Experience in a fast-paced entrepreneurial environment
- Strong Excel knowledge and experience with accounting software (NOTHS uses Netsuite)
- Able to deal with a variety of different stakeholders and ways of working
- You have experience in a fast-paced entrepreneurial environment, preferably in P/E, with knowledge of group accounting
- You have an analytical and problem-solving mindset to understand, challenge and ask the relevant questions
- You are happy to get stuck in and get your hands dirty
- You are a strong leader, passionate about developing others to be their best self
- You are a good communicator and able to delegate effectively
- You are organised and detail-oriented
- You are able to explain complex concepts in simple language
- You are adaptable and comfortable in a rapidly changing environment
- You have a can-do attitude
- You are a good coach and mentor - always supportive of your team
- You have a strong technical background
What the job involves
- Reporting to the CFO, and working closely with the Commercial Finance Team, you will be the custodian of the numbers, producing accurate and timely reporting, with a detailed understanding of the drivers of those results. Good communication skills are essential, as is a desire to progress in our fast-paced environment
- Managing a team of 6 (3 direct reports)
- Full month-end ownership and maintenance of the general ledger and reporting software
- Preparation of monthly management accounts, variance analysis and shareholder reporting
- Managing company overheads, identifying and driving cost efficiencies
- Ensuring robust finance and business controls are in place and are reviewed regularly
- Supporting CFO and Commercial Finance Director to produce an annual budget, 3-year plan and quarterly forecasts
- Lead audit and ensure we meet the statutory requirements across the group structure
- Designing and embedding the processes required to effectively manage the group structure
- Overseeing the preparation of VAT returns, reviewing corporation tax returns prepared by 3rd party accountants, overseeing R&D claim
- Ownership of banking relationships, ongoing cash flow management and future liquidity requirements
- Ensuring robust finance and business controls are in place and are reviewed regularly
- Responsible for the finance risk register ensuring all material risks are identified and monitored
- Accounting treatment of various share schemes
- Work closely with the Head of Insights and Commercial Finance and other peers across the business, to support in the delivery of the strategy and successful growth of NOTHS as appropriate
- Covering aspects of FP&A including budget forecasting and budgets (especially opex). Liaising with stakeholders around the business on their budget management (eg the VP of Technology and VP of Marketing)
- Advising or leading on projects in the role’s area as the business scales
Salary benchmarks
Our take
Notonthehighstreet have found a niche within eCommerce, providing a curated online platform for small businesses.
They currently have 5,000 small businesses selling their unique products on the platform and their business model is similar to Etsy.
Amazon are increasingly doubling down on their marketplace proposition and are powerful competition for Notonthehighstreet. However, their user base is one that values the uniqueness and curation they provide, so this should provide them with a competitive advantage.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Top investors
Company
Funding (last 2 of 5 rounds)
Aug 2016
$29.1m
SERIES E
Oct 2013
$13.2m
LATE VC
Total funding: $71.4m
Company benefits
- 33 days holiday – to make sure you are well rested and ready to give your absolute best, we offer 33 days holiday a year (including bank hols). Plus, there is the option to buy an additional 5 days holiday each year too. And, to top it off we also give an extra half day of holiday for every year of service!
- Private healthcare – keeping you in the best possible health is top of our list, that’s why we offer private medical insurance with Bupa and a cash plan with Healthshield which allows you to claim back money on your healthcare essentials e.g. dentist & opticians
- Pension plan – it’s never too early to start saving for your retirement and with our pension plan in place, it’s easy too! We offer a 4.5% matched contribution
- Life insurance – it’s never nice to think about, but in the very unlikely event of anything happening we’ll pay 4x your basic salary to a nominated person
- NOTHS discount – if you are anything like us, you’ll have an ever-growing wish list from the site. We give everyone who works here 20% off anything from the site (yes, that includes stuff that’s on sale!)
- Video therapy sessions through Spill, to support positive mental health
- Work from anywhere policy – work for up to 45 days of the year from anywhere in the world you don’t need to be in the office, so the world’s your oyster
- Family planning – we’ll support you through your pregnancy, adoption, IVF, or surrogacy journey - we offer 13 weeks at full pay 13 weeks at 50% followed by 13 weeks at statutory pay
- Do your bit for the planet and hire an electric vehicle with a salary sacrifice
Company values
- Stay Focused - We keep the main thing, the main thing. We prioritise, react to change and don’t get distracted
- Champion Team Spirit - We're playful and compassionate. We trust each other and raise each other up. All for one and one for all.
- Act Boldly - We have courage and conviction. We think big, dare to try and take risks
- Be speedy not perfect - We’re nimble, take ownership and move at a pace to achieve our goals. We act, then use learnings to refine
Leadership
Jessica Nesbitt
(CEO)After serving as Chief Growth Officer, Jessica stepped up to take the role of CEO, leading all of Not On The High Street’s commercial efforts.
Holly Tucker
(Co-Founder)Started 'Your Local Fair', a series of upmarket events, which sparked the idea for Not On The High Street. Received an MBE in 2013.
Sophie Cornish
(Co-Founder)Previously both a journalist and marketer. Received an MBE in 2013.
Diversity, Equity & Inclusion at Not On The High Street
- Diversity and Inclusion are really important to us at Not On The High Street. We celebrate difference and strive to make everyone feel welcome.
- As part of your application you’ll be asked to complete a demographic survey to help us learn more about who wants to work with us. It’s completely optional (but really appreciated) and it’s 100% anonymous. We’ll only use the information to help us figure out how to make our team even more inclusive and attract more brilliant people to join us, with the help of our cross-team Diversity Champions to drive progress
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