Commercial Financial Analyst, Vitesse
More information about location
2+ days a week in office (Holborn, London)
Cross-border payment solutions
Job no longer available
Cross-border payment solutions
101-200 employees
Job no longer available
More information about location
2+ days a week in office (Holborn, London)
101-200 employees
Company mission
To be the treasury and payment provider of choice for the Insurance Market.
Role
Who you are
- 2-4 years experience in Finance roles, demonstrating the ability to produce in-depth analysis and insights
- Strong academic background and a self-starter with the ability to thrive in a fast-paced environment
- CIMA/ACA/ACCA recently or part qualified
- Some understanding of SQL and experience using BI tools such as Tableau
- An analytical mind, ability to interpret data, develop hypotheses and creative ideas to solve real-world financial problems
- Good communication skills with the ability to explain complex financial information in a clear and concise manner to non-financial stakeholders
- A strong working knowledge of Excel
- Fintech experience is helpful but not essential
What the job involves
- Reporting into the Head of Commercial Finance, the Commercial Finance Analyst will play an essential role in providing analysis and management reporting to all areas of the business
- You'll prepare, develop and analyse in-depth financial information on all activities, plans, targets and business drivers for the organisation's management team to use when making well-informed decisions, which will help to secure future growth and profitability
- Monitor Key Performance Indicators, providing in-depth analysis of the key drivers of revenue and gross margin, and making recommendations for improvements
- Complete detailed reviews of specific customer behaviours and pricing to enable decision makers within the business to make fully informed and financially sound decisions
- Assist the Sales team by improving the business’ understanding of customer pricing & profitability and providing commercial support for tenders
- Support the team on the quarterly budgeting and reforecasting process using your knowledge of customer behaviour
- Own key elements of the month end process to provide Management and Board reporting, bringing numbers to life with insightful and actionable commentary
- Work on your own projects, such as the Transaction Economics model and Pricing Audit to maximise Profitability
- Collaborate with the Data team to improve and expand on existing data visualisation
Salary benchmarks
Otta's take
Theo Margolius
COO of Otta
Vitesse PSP is a payment business providing global payment services to a range of businesses. Operating on one of the largest domestic banking and payment networks in the world, Vitesse gives its customers direct access to over 170 countries' domestic payment networks and processes over $6B in transactions.
It's focused on serving customers in the insurance market by providing improved liquidity management and faster claims settlement. Insurance is the largest market in terms of revenue, as well as the fastest growing, and as a result of Vitesse's success in the Lloyds of London market, the company has established itself as an industry leader.
Having closed a successful funding round, the company aims to double its revenue in the coming years whilst also focusing on growing its team across London and Rotterdam, and establishing a presence within the US market.
Insights
Some candidates hear
back within 2 weeks
36% female employees
60% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
May 2024
$93m
SERIES C
Feb 2022
$26m
SERIES B
Total funding: $127.4m
Company benefits
- Enhanced parental leave
- Sabbatical after 5 years' service
- 25 days holiday per year and bank holidays
- Hybrid working arrangements
- Contributory pension scheme
- Cycle to work scheme
- Private medical insurance with AXA
- Free access to Oliva our Mental Health Therapy partners
- Financial coaching with Octopus Wealth
Company values
- CONFIDENT HUMILITY - We don't do ego and we know that unless we all win, none of us win. We admit when we're wrong, we ask for help and always think about the wider business before ourselves
- DRIVEN TO SUCCEED - We see the opportunity ahead of us and we won't stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our Customers
- TENACIOUS RESPONSIBILITY - We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity
Company HQ
Holborn, London, UK
Articles
Founders
Paul Townsend
(Chairman)Experienced in banking having previously worked for Barclays, Bank of New York, Earthport, and Neteller. Also founded the global payment service, Envoy Services.
Phillip McGriskin
(CEO)An experienced CPO having worked for Worldpay. Was also the Founder and CEO of Envoy Services.
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