Commercial Finance Manager, Tide
Revenue
Business accounts for SMEs
Open for applications
Business accounts for SMEs
1001+ employees
Open for applications
1001+ employees
Company mission
Tide's mission is to transform the business banking market, and to save SMEs time and money.
Role
Who you are
- You are a qualified accountant (ACA / ACCA / CIMA or equivalent) with 7+ years of transferable experience providing insights from data to drive financial performance improvements
- It’s an advantage if you have experience working at a Tech or FinTech company, or have had exposure to Payments, Acquiring, Savings or Credit Products
- You have strong Excel / Google Sheets skills and experience working with data visualisation tools (e.g. Looker). With experience with dedicated financial planning software (eg. Anaplan) a bonus
- Data driven, model focused and love telling a story through numbers; you are very comfortable with Unit Economic analysis and working to identify trends with large customer databases
- You have highly effective communication skills, with the confidence and ability to influence stakeholders at the Senior Leadership team level (eg. VP, C-Suite)
What the job involves
- As we continue to experience rapid growth, we are seeking a talented Commercial Finance Manager who can effectively spearhead business partnering with our revenue generating teams
- In this role, you will be working to develop greater understanding of key revenue and cogs drivers & take ownership of a product PnL
- As Commercial Finance Manager, you will also be responsible for leading part of the financial planning and analysis function, providing critical insights into our company's performance, forecasting future trends, and supporting strategic decision-making processes
- This role will require a combination of analytical prowess, strategic thinking, and strong communication skills to collaborate effectively with cross-functional teams and senior leadership
- You will have the opportunity to play a pivotal role in shaping the future of our organisation and driving sustainable growth. Your strategic insights and financial expertise will directly influence key decisions at the Senior Leadership level, enabling us to optimise resource allocation, capitalise on growth opportunities, and navigate complex market dynamics with confidence
- Leading financial voice for a key tide revenue stream becoming the global expert and mini-CFO to the product area & managing the full product PnL
- Leading part of the annual budgeting and quarterly reforecasting processes in close collaboration with Senior Leadership and business stakeholders
- Owning, managing and continuously improving the key financial models within Payments Or Credit used to forecast Tide’s financial performance
- Developing detailed financial models to perform scenario/sensitivity analysis and assess financial impacts of strategic initiatives
- Develop understanding of product profitability through Unit Economics in order to deliver meaningful analysis to senior management and the business
- Using large and complex datasets to identify risks and opportunities, as well as analysing industry trends to provide actionable insights and recommendations to Senior Leadership and business stakeholders
- Coaching and mentoring FP&A Analysts and Senior FP&A Analysts
- Reviewing reports, financial models, analysis, and other work completed by FP&A Analysts and the wider Finance team
- Developing and implementing policies, procedures, and controls to ensure completeness, accuracy, compliance and financial integrity
- Developing and implementing continuous process improvements
- Business partnering - Acting as a trusted advisor to the business, you’ll be collaborating closely with area and unit leaders to monitor and improve financial performance. Seeking cost optimisation opportunities and operational efficiency within the payments area
- Future projects to enhance Business Intelligence (BI)
Salary benchmarks
Our take
Small businesses and sole traders are still underserved by most traditional banks. Tide solves that problem by offering speedy, affordable and effective financial services tailored to SMEs.
Since its launch Tide has gained considerable traction among small businesses. This is largely thanks to their fast onboarding times, low fees and the diversity of their products, which include a number of accountancy tools. Headed up by a former RBS, C&A and Optanus executive, Tide is uniquely positioned within the financial services market.
Having built a strong user base of over 500,000 in the UK, Tide has since launched in India, where it has an additional 50,000 users. Through further expansion into Europe and continual addition of 'first-of-its-kind' features, Tide is well set to secure a larger market share.
Freddie
Company Specialist at Welcome to the Jungle
Insights
40% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jan 2023
$24.7m
GROWTH EQUITY VC
Jul 2021
$100m
SERIES C
Total funding: $289.4m
Company benefits
- Discounted gym membership
- Personal learning and development allowance
- Enhanced family friendly leave
- Paid volunteering and charity work days
- Cycle-to-work scheme
- Option to buy extra holiday, or take a sabbatical
- Work from home opportunities
- Health insurance
- Flexible working
- Breakfast, snacks and hot drinks
- Private healthcare cover
- CBT and subsidized mental health apps
Company HQ
City of London, London, UK
Leadership
Dr Oliver Prill
(CEO, not founder)Started out as a consultant at McKinsey. Previously served as CEO of both C&A Bank and Optanus, and was COO of Kreditech Holding.
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