Finance Analytics & Reporting Analyst, iwoca
1-3 days a week in office
Online loans for small businesses
Be an early applicant
Online loans for small businesses
201-500 employees
Be an early applicant
1-3 days a week in office
201-500 employees
Company mission
To give small business owners a great experience while getting the finance they need.
Role
Who you are
- To excel in this role, you will need strong stakeholder engagement skills, an outcome-focused mindset, and analytical expertise
- A strong technical background is essential for this role
- Experience of stakeholder management is required
- Proficiency in handling data through ETL processes and Looker using SQL and Python is highly desired
- We are in the process of switching to Snowflake. A working knowledge of Snowflake is therefore highly desired
- Basic knowledge of finance would be helpful. Regardless of background there will be a step learning curve in this area
What the job involves
- We are looking for a dynamic and energetic Finance Analytics & Reporting Analyst to join us to support the entire breadth of our Finance function's work
- We are looking for candidates with experience in data engineering, reporting and analysis, project management and stakeholder engagement. Finance expertise is welcome but not required
- The Finance function at iwoca encompasses a wide range of tasks, including procuring investment from capital markets, building financing facilities, managing cash flow and banking systems, financial accounting, forecasting, covenant monitoring, liquidity management, and more
- The Finance Analytics and Reporting (FAR) team plays a pivotal role in supporting these functions by providing data engineering, interpreting and leveraging business data, producing models, and building the reports and tables that underpin the Finance team's operations
- You will be working with complex data sets, collaborating across teams, and delivering actionable insights that support the Finance function at iwoca
- Manage and collaborate with multiple stakeholders, both within and adjacent to the finance function
- Deliver multiple projects, ensuring that stakeholder needs are met
- Manage a suite of reporting and core data tables, ETL processes, Snowflake and Looker for data analysis and presentation
- Current and upcoming projects:
- Across these projects you would collaborate with a wide range of stakeholders across Finance and beyond.
- These include but are not limited to Capital Markets, Financial Operations, Accounting, Marketing, FinOps, Fintech, and IwocaPay
- Automate accounting processes: Automation of accounting processes by managing the monthly posting of the loan book positions to Netsuite
- This is crucial for our reconciliation processes and for accurately analysing and representing our financials within our accounts. (Note that no prior Netsuite experience is required)
- Liquidity and financial modelling: develop complex models of our bank accounts, financing facilities, and future issuance
- Create a comprehensive view of how these elements interact to support decision-makers and optimise capital allocation through effective KPIs
- Shape financial data strategy: Drive the financial data strategy by enhancing quality and access to loan data and improving the quality and accessibility of Netsuite accounting data
- This data supports unit costing analysis and reporting across various teams
- Collaborate with finance stakeholders: Conduct ongoing discovery sessions with key finance stakeholders, including Capital Markets, Financial Operations, Financial Planning & Analysis, and Accounting, to understand their specialised needs. Provide solutions tailored to their goals and ensure that available analysis and tools are effectively integrated into their workflows
- Provide accurate and complete reporting: Provide high quality dashboards covering financial results, covenants and other metrics
Salary benchmarks
Our take
UK SME's are the backbone of a complex economy that is constantly changing, so the need for fast and responsive access to finance is becoming more and more important to ensure their success and growth. iwoca allows SMEs access to business loans in less than a minute, with its API and business marketplace partnerships.
With offerings like iwoca's, gone are the days where waiting up to eight weeks for a loan decision was viable. Its simplified business loans of £1,000 - £500,000 come with no fees attached, and applying online takes no more than five minutes. The ready availability of iwoca loans gives business owners a level of certainty, so that they can make instant decisions to help their business grow.
iwoca has made a number of partnerships with other players in the business finance space, including an impressive industry-first invoice checkout integration with QuickBooks. Funding raised by the company, which is now operating at net profitability, will enable it to meet a recent surge in demand for corporate loans. The company has made several billion in funding available to over 100,000 businesses since launching, positioning itself as a leading European fintech.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Opportunities to learn
"Great opportunities available to learn from both individuals through shadowing, and teams through presentations and even secondment opportunities -..."
Funding (last 2 of 7 rounds)
Aug 2019
$12.7m
GRANT
Feb 2019
$25.3m
SERIES D
Total funding: $92.1m
Company benefits
- Flexible working.
- 25 days’ holiday, an extra day off for your birthday, the option to buy or sell an additional 5 days of annual leave, unlimited unpaid leave, and one-month fully paid sabbatical after 4 years.
- Instant access to emotional and mental health support with our partner, Spill.
- Pension and share options.
- Generous parental leave and a nursery tax benefit scheme to help you save money.
- Two company retreats a year, we’ve been to France, Italy, Spain and further afield.
- A learning and development budget.
- Company-wide talks with internal and external speakers.
- Events and clubs, like bingo, comedy nights, yoga classes, football, etc.
- Medical insurance from Vitality, including discounted gym membership, and a private GP service for you, your partner, and your dependents.
- Paid volunteering day to support your chosen charity.
- Cycle-to-work scheme and electric car scheme.
- See iwoca benefits & policies for detail and some additional benefits: https://coda.io/@iwocauk/iwoca-benefits-policies-uk
Company values
- Motivated: Going to work shouldn't feel like a slog, so we want everyone in the team to personally care about what they're working on. We stay motivated by celebrating our wins, learning from our mistakes, and always looking for new gaps to step into.
- Smart: At iwoca being smart isn't about what you know, it's about how you think. Smart thinking means looking at each problem by asking ‘why’ first, then figuring out ‘how’.
- Humble: We know all ideas are flawed, all code has bugs, and everyone makes mistakes - it’s how we learn. For us, being humble means you question yourself first, rather than your team.
- Growth Mindset: We think there's always a better way to solve a problem. So we never let ourselves get comfortable with being good enough.
Company HQ
Fitzrovia, London, UK
Articles
Leadership
Christoph Rieche
(CEO)James Dear
(Head of Systems & Numbers)People progressing
Joined as a Customer Onboarder, moved into the Broker Team and has most recently been promoted to Partnerships Manager.
Diversity, Equity & Inclusion at iwoca
- We work hard to make iwoca a place where everyone feels welcome, where you can confidently be yourself. We understand that diversity isn't an optional add-on, it's the core ingredient of what makes us great.
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