Finance Director, FeedStock

Salary not provided

Equity package included

Senior and Expert level
London
Remote from UK
FeedStock

Client Relationship Intelligence SaaS provider

Job no longer available

FeedStock

Client Relationship Intelligence SaaS provider

21-100 employees

B2BArtificial IntelligenceEnterpriseComplianceSaaSSales

Job no longer available

Salary not provided

Equity package included

Senior and Expert level
London
Remote from UK

21-100 employees

B2BArtificial IntelligenceEnterpriseComplianceSaaSSales

Company mission

FeedStock is on a mission is to provide intelligent assistance for sales teams.

Role

Who you are

  • ACA/ACCA/CIMA(or equivalent) qualified with a minimum of 5 years’ post qualified experience
  • Have worked and thrived in a start-up environment
  • Good knowledge of financial modelling and KPI tracking
  • Have experience of fundraising and handling external investors
  • Be comfortable carrying out all aspects of the finance function
  • Have a working knowledge of tax and company regulatory requirements
  • Be a self-starter who is able to spot areas for improvement and pro-active about fixing them
  • Strong commercial acumen
  • Able to manage multiple tasks at a time and prioritise effectively
  • Have curiosity and a desire to continue learning (we have a training budget for our staff to support this)

What the job involves

  • Full ownership of company finance function
  • Provide strategic guidance and support to company founders on finance and commercial matters, including contract negotiations, pricing and more
  • Responsible for management accounting and MI provision to founders/investors
  • Support any future fundraising rounds
  • Provide board representation on financial and commercial matters
  • Responsible for the company budget/forecast, financial modelling and KPI dashboard
  • Own all statutory returns and compliance with HMRC, including annual accounts, VAT/tax returns
  • Manage company cashflow, treasury and FX
  • Support sales with pricing analysis
  • Ensure FeedStock has appropriate financial controls and systems in place to run efficiently and scale
  • Lead FeedStock’s R&D claims
  • Grow an in-house finance team as the company scales over time
  • Ad-hoc tasks in relation to contracts, company policies, insurance, client KYC forms etc
  • FeedStock offers hybrid / flexible working with Central London offices. Employees can come into the office as much or as little as they like

Salary benchmarks

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Company

Company benefits

  • The chance to join an exciting start-up as it goes through rapid scaling
  • Pioneering work changing how relationship-driven sales teams operate using leading-edge AI technology
  • £1,000 per year training and development budget and 3 additional days leave to attend conferences/ training opportunities
  • Cycle2Work Scheme
  • 25 days holiday (excl. bank holidays)
  • Flexible working location with central London offices
  • Private health insurance provided by Axa Health
  • Childcare support

Funding (2 rounds)

May 2022

$1.4m

LATE VC

Jan 2020

$3.4m

EARLY VC

Total funding: $4.8m

Our take

Feedstock was founded in 2015 by two capital market professionals who wanted to help businesses unlock the value within their unstructured data. Its flagship product, Cortex, solves MiFID II compliance regulations in a ground-breaking, automated way, and has enabled the company to bring on an impressive client roster including some of the world’s largest and most prestigious asset management (AM) institutions.

But FeedStock is no one-trick-pony. Predicting that MiFID II compliance products and the AM industry would soon become a saturated market, the company has sought to leverage its significant data capabilities for other use-cases.

Their latest technology, Synapse, automatically analyses internal/external client and colleague interactions and uses this to advise relationship managers in real-time. FeedStock now has a rapidly growing client-base outside of financial services, offering its Client Relationship Assistance system to businesses across industry who manage large B2B client-bases.

One future competitor, Deloitte's TrueVoice AI, similarly aims to improve client interactions using NLP, yet FeedStock differentiates itself with a sharp focus on automated data-capture and its cutting-edge NLP algorithms which promise accuracy scores of above 85%. They have a clear customer base in mind, and as commercial relationships have shifted from in-person to digital, demand for their Synapse product is set to increase still further.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle