Management Accountant, Olsam Group

Salary not provided

Junior and Mid level

London

1-5 days a week in office (Aldwych, London)

Buy and scale Amazon FBA brands

Job no longer available

Buy and scale Amazon FBA brands

21-100 employees

B2BMarketplaceInvestingConsumer GoodseCommerce

Job no longer available

Salary not provided

Junior and Mid level

London

1-5 days a week in office (Aldwych, London)

21-100 employees

B2BMarketplaceInvestingConsumer GoodseCommerce

Company mission

To build Europe’s next-generation consumer goods company that acquires and scales category-leading brands across global marketplaces, whilst creating a workplace where people love what they do.

Job

Company

Role

Who you are

CIMA-qualified or equivalent
3 years’ experience working within an accounting role
Experience in a high-growth start-up (retail, e-commerce and/or multi business unit focus would be desirable)
Excellent proficiency with Excel and PowerPoint
Driven to enhance and improve finance functions
Experience preparing month-end, closing working files and management accounts. (Budgeting and forecasting are desirable.)
NetSuite experience will be an advantage

What the job involves

Lead in the delivery of monthly management accounts for the business, ensuring all month-end items are efficiently posted, carrying out monthly reconciliations including stock and COGS reconciliation and analysis
Complete and lead ledger reviews, including actual vs budget analysis alongside monthly reviews with key budget holders
Take ownership in preparing and producing monthly board pack, with a primary focus on the P&L and assisting with Balance Sheet and Cashflow, together with insightful commentary into relevant variances against budget
Documenting and updating key controls and processes, helping to increase efficiencies and create better workflows
Support, maintain and improve internal ERP system policies and procedures
Support the business in the development of KPIs for the supply chain team and provide insight into performance against these
Assist in the preparation of financial forecasts and budgets

Salary benchmarks

Our take

B2B is currently one of the fastest-growing segments in Amazon’s Marketplace, and it's also one of the most overlooked. With FBA sellers generating over $300 billion in sales in 2020, a 50% year-over-year growth rate, it represents an incredible growth opportunity onto which a number of companies are latching onto.

The team’s deep operational expertise sets Olsam apart from its competition in the Amazon marketplace space, having been successful in building and selling its own brands within the market. In addition, Olsam also takes a different approach from its competitors, focusing on the common consumer products that Amazon is known for whilst also utilising its B2B portal.

Olsam used its 2021 round of raised funds to rapidly acquire larger brands from global entrepreneurs seeking a reliable buyer with deep operational expertise. Companies acquired since then have included FBA aggregator company Flywheel Commerce and Dragon's Den-featured camping brand Colapz.

Freddie

Company Specialist at Welcome to the Jungle

Company

Funding (1 round)

Sep 2021

$132m

SERIES A

Total funding: $132m

Company benefits

Opportunity for international and domestic travel for tradeshows and industry events
Flexible working environment, with option to work in the office or from home
Work from abroad up to one month of the year
Regular company events
Company sponsored team activities such as Tough Mudder
Social clubs: 5 a side football and Arts & Culture club
30 days holiday
Private medical insurance
Private pension
Central London WeWork office space with on site barista, communal table tennis and pool and drinks on tap
Bike storage, showers and lockers available

Company HQ

Holborn, London, UK

Leadership

Ollie Hörbye

(Co-Founder)

Previously worked for Alvarez & Marsal in its private equity practice and supported Deloitte in its equity capital markets team.

Sam Hörbye

(Co-Founder)

Previously supported Fever-Tree’s launch into the North American market as Operations Manager and managed some of the UK’s largest third-party Sellers on Amazon’s worldwide marketplaces. Has started, scaled and sold their own category leading Amazon FBA business: Beechmore Books.

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