Senior Group Accountant, Cleo AI
+ Equity
AI personal finance assistant
Job no longer available
AI personal finance assistant
201-500 employees
Job no longer available
+ Equity
201-500 employees
Company mission
To change the world’s relationship with money.
Role
Who you are
- Professional accounting qualification (e.g., ACA, ACCA) with strong post- qualification experience (+1-2 years) either looking for a first move from practice or a second move from industry
- Strong knowledge of IFRS and experience preparing financial statements in compliance with these standards
- Experience with US GAAP reporting and SOX implementation is highly desirable
- Experience supporting UK, US, and/or global tax compliance processes
- Strong organisational skills, with the ability to manage multiple project priorities and meet tight deadlines
- Strong problem-solving mindset with a proactive approach to getting things done
- Effective communication skills, with the ability to convey financial information clearly to both finance and non-finance stakeholders
- Previous experience in a fast-paced technology, SaaS, or start-up environment is highly desirable
- Experience with ERPs (Xero, Netsuite) is highly desirable
What the job involves
- Cleo AI is seeking a highly skilled Senior Group Accountant to join our growing finance team. This is an opportunity to support and enhance the accuracy, compliance and effectiveness of Cleo’s financial reporting and tax processes
- Reporting to the Financial Reporting and Tax Manager, you will work collaboratively with a wide range of internal teams, as well as external stakeholders including advisors and auditors, playing a key role in delivering high-quality reporting across the Group
- Financial Reporting:
- Support the preparation of internal and external investor financial reports, including monthly, quarterly, and annual reporting packages for management and investors
- Assist in the preparation of Cleo’s audited group financial statements under International Financial Reporting Standards (IFRS)
- Support the preparation of US entity financial statements and audit requirements under US GAAP
- Coordinate the annual audit process and assist in developing and maintaining complex accounting memos
- Partner with other teams (e.g., Strategic Finance, Operations) to support reporting requirements and provide insight into Cleo’s financial performance
- Tax Compliance and Strategy:
- Support Cleo’s tax compliance processes across the UK, US, and other jurisdictions, ensuring timely preparation of information for tax returns and payments
- Liaise with external tax advisors to support compliance with UK corporate tax and US Federal and State tax requirements
- Monitor changes in tax legislation across relevant jurisdictions and assist in assessing their impact on Cleo’s operations
- Support transfer pricing compliance and documentation across the group
- Team Leadership and Process improvement:
- Contribute to the development and maintenance of robust processes for financial reporting and tax compliance to support Cleo’s scaling operations
- Collaborate with other members of the finance team in areas of reporting and tax compliance
- Contribute to continuous improvement initiatives in reporting, systems, and processes
- Cross Functional Collaboration:
- Work closely with the Strategic Finance team to ensure financial reporting aligns with forecasts and business performance
- Collaborate with Legal, People, and Operations teams to support the tax and accounting implications of business decisions and be able to explain accounting impact to non-Finance stakeholders
- Act as a key contact for auditors and external advisors on financial reporting and tax matters, under the direction of the Financial Reporting and Tax Manager
Our take
People are increasingly not satisfied with the products being offered by traditional banks, which have proven slow to react to the needs of younger consumers who expect more from their everyday experiences.
Cleo was one of the first companies to make great use of chatbots that sit within Facebook's messenger app. This chatbot-first approach and Gen Z user base have given it strong virality. It now has millions of registered users, 99% of which are based in the US, leading to a decision to take a year break from the UK market to focus on its US Gen Z customers. And after a successful year in the US its now eyeing up a return to the UK.
Its Series C funding will help the company to double down in the US, where it will make a significant increase in employee headcount, and enable Cleo to maintain and expand its service during an economic downturn.
Financial advice delivered via bots is a crowded space, so Cleo benefits from having a strong brand presence. It has gone for very bold, fun, Gen Z-focused messaging which helps it to stand out from competitors such as Emma, Plum, and Chip.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Jun 2022
$80m
SERIES C
Dec 2020
$44m
SERIES B
Total funding: $137.5m
Company benefits
- Meaningful equity with early exercise, plus top-ups on promotion
- Up to 26 weeks’ parental leave
- Paid 1-month sabbatical every 4 years
- Comprehensive health, dental & vision insurance
- Pension/401K match up to 6%
- Learning & development budget
- Mental health support via Spill
- Flexible working for a healthy work–life balance
- Work remotely from one of our hiring locations, with a hybrid option in our London office (1+ day/week)
- Annual company off-sites
- Company-wide performance reviews every 6 months
- Clear progression plans with opportunities to lead, grow, and challenge the status quo
- We’ll cover your OpenAI subscription
Company values
- Make it Happen - Own the outcome. Lend a hand, take a hand. Fast execution.
- No bullsh*t - Intellectually honest. Go hard on problems, not people. Data-backed decision making.
- Learn at Speed - Jump in and figure it out. Dig deep, do it right. Learn what matters.
- Bring Good Vibes - Read the room, lift the room. Show up for others. Keep it real, keep it positive.
Company HQ
London, UK
Leadership
Barnaby Hussey-Yeo
(Founder & CEO)Previously a Data Scientist at Wonga, one of the companies that pioneered the smart use of data for loan decisions. Joined Entrepreneur First where Cleo was formed.
Diversity, Equity & Inclusion at Cleo AI
- We’ve set up an internal committee of truly passionate people that are dedicated to ensuring Diversity and Inclusion is embedded in how we all operate as a team. We agree on meaningful actions, and get on with implementing them. We have three main focuses right now, which are:
- 1) Improving SocioEconomic diversity across the company
- 2) Increasing the number of women in Leadership roles
- 3) More community outreach
Share this job
View 52 more jobs at Cleo AI