Finance Associate, Encompass Corporation
+ Participation in our industry leading share options scheme
More information about location
Know Your Customer regulation platform
Be an early applicant
Know Your Customer regulation platform
101-200 employees
Be an early applicant
+ Participation in our industry leading share options scheme
More information about location
101-200 employees
Company mission
To enable banks to create and maintain the identity of their corporate customers to create business opportunities, prevent financial crime and reduce regulatory risk.
Role
Who you are
- The ideal candidate is a confident professional who works well individually as well as part of a cross-departmental team environment, and must enjoy the pace, variety and intensity of working for a scaling high-growth and agile tech company
- Strong Excel skills (comfortable with formulas, reconciliations, and data manipulation)
- Excellent organisational skills and ability to manage multiple tasks to tight deadlines
- A solid understanding of double-entry bookkeeping and how a finance team operates
- Strong interpersonal and communication skills, able to work effectively across teams and with external stakeholders
- Excitement and willingness to adopt AI tools to improve processes
What the job involves
- The Finance Associate is a key role within the Finance department, reporting to the Financial Controller
- This role is a great opportunity to gain a wide range of experience and will have exposure to all areas of the business
- Finance operations:
- Maintain day-to-day financial and operational records within Xero, our accounting system
- Ownership of shared finance team inboxes - dealing with queries from customers and suppliers and responding to any other requests
- Process supplier invoices and payments, ensuring accuracy, completeness, and correct coding
- Assist with global payroll preparation and administration, liaising with payroll providers across multiple regions
- Bookkeeping and accounting:
- Assist in the month-end close process, including posting journals and preparing reconciliations of key balance sheet accounts to an audit-ready standard
- Analysis and reconciliation of bank statements
- Support the finance team with ad hoc analysis, reporting and project work as required
- Controls and process management:
- Ensure all supplier invoices are accurate, appropriately authorised, and comply with internal controls and company policies
- Take ownership of the accounts payable process, identifying and implementing improvements to efficiency and accuracy
- Review staff expense claims to ensure compliance with company policies and relevant tax legislation across all jurisdictions
- Contribute to the continuous improvement of finance processes, systems, and controls to support the company’s growth
Our take
The Know Your Customer (KYC) process is vital to any modern business, but ensuring KYC compliance can be challenging, especially at scale. Encompass solves this problem with its automated KYC regulation platform.
Encompass's platform helps companies to prevent fraud and financial crime, while also saving them time and money. It primarily targets banks and financial institutions that have to comply with a multitude of regulations. Since launching in 2012, Encompass has opened offices in seven global locations, testament to its value and growth potential.
The need for KYC automation is rising rapidly, and Encompass, which raised an impressive $33M in funding in 2022, is poised to take advantage of this demand.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 4 rounds)
Mar 2022
$33m
LATE VC
Feb 2020
$2.7m
GRANT
Total funding: $41.4m
Company benefits
- Share Options plan: The Encompass employee Share Options plan is one of the benefits we are proudest to be able to offer. Every employee is an investor, and will benefit from our growth and success
- Carers and personal leave: We care about employees, not just about their lives at work, but as people. We offer 10 days per year that can be taken for you personally, or as a carer for a family member with physical or mental ill health. Our compassionate leave also covers pregnancy loss at any stage
- Coaching and mental health support: We’ve partnered with Sanctus to launch a mental health and wellbeing coaching service for the whole company
- Parental leave: Families come in all shapes and sizes. Our Adoption and Surrogacy pay and leave is the same as our maternity and paternity – six months full pay maternity leave plus full pension contributions for up to 12 months; four weeks full pay paternity leave
- Perfromance and Development: Our Philosophy: Performance at Encompass will be about results and impact. For employees to understand their performance we need to be completely transparent and clear about our expectations. This means that we need to define what "great" looks like to maintain and improve employees' performance in line with the employees and organisation's objectives. It's not a single activity, but rather a group of practices that should be approached holistically
- Volunteering leave: We offer two days paid leave for volunteering – one for you to use as an individual, and one Company Volunteering Day that helps us give back to the communities we are located in
Company HQ
City of London, London, UK
Leadership
Wayne Johnson
(Co-Founder & CEO)Previously CEO & Founder of Software Associates, and VP Australia at eHealthcare Asia. Then worked as an Independent Advisor for over 7 years.
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