Senior Finance Manager, Zilch

Salary not provided
Senior level
London

3 days a week in office

Zilch

Direct-to-consumer credit provider

Job no longer available

Zilch

Direct-to-consumer credit provider

201-500 employees

FintechB2CPaymentsFinancial Services

Job no longer available

Salary not provided
Senior level
London

3 days a week in office

201-500 employees

FintechB2CPaymentsFinancial Services

Company mission

To become the most empowering way to pay for anything, anywhere.

Role

Who you are

  • ACA qualified
  • Strong audit background, beneficial to have FS experience
  • Strong knowledge of IFRS, including experience of IFRS 2 & IFRS 9
  • Ability to read and interpret accounting standards, regulatory guidelines, and legislation
  • Experience exploring technical accounting matters and drafting technical papers

Desirable

  • Tax experience is beneficial
  • Experience with SPV structures is beneficial

What the job involves

  • We are seeking an experienced and highly skilled Senior Finance Manager to join our dynamic Finance Team
  • This critical role will focus on enhancing our financial reporting processes, ensuring compliance with IFRS standards, and improving internal controls
  • The Senior Finance Manager will play a pivotal role in external financial and covenant reporting, technical financial accounting, and will be a key point of contact across various departments including Strategic Finance, FP&A, and Legal
  • Additionally, this role will provide support for tax-related projects and other ad-hoc technical accounting initiatives
  • Assist with the preparation and review of external financial statements
  • Ensure compliance with IFRS accounting standards
  • Coordinate with external auditors to facilitate the audit process
  • Prepare and monitor financial covenant reports
  • Ensure timely and accurate reporting to external stakeholders
  • Develop and maintain accounting policies and procedures in line with IFRS
  • Guide on complex accounting issues and new accounting standards
  • Document technical accounting positions and ensure alignment with regulatory requirements
  • Evaluate and improve internal controls over financial reporting
  • Develop and document internal control procedures
  • Ensure adherence to internal control policies and procedures
  • Assist in the preparation of monthly management accounts
  • Provide support for the month-end close process
  • Participate in various technical accounting projects as needed
  • Provide expertise for special projects and initiatives
  • Act as a key liaison with Strategic Finance, FP&A and Legal teams
  • Collaborate with other departments to provide financial insights and support

Salary benchmarks

Our take

Zilch provides a buy-now-pay-later (BNPL) product that allows customers to purchase their desired items and pay in instalments for them. According to Zilch, its service helps customers save over £350 per year on interest and fees.

Having received consumer credit authorisation from the FCA, Zilch partnered with Mastercard to ensure its users can enjoy the safety provided by the global payments company while shopping online. Its business model involves providing the service for free to customers and charging partner stores a fee for every purchase made with Zilch. If users are not buying from partner stores, Zilch charges users a fee but guarantees that they will know from the beginning exactly how much they need to repay, hence assuring users they will not have to pay hidden fees.

With soaring demand for BNPL services, Zilch's main priority is to capitalise on this opportunity. As part of this initiative, the company has maintained an impressive funding strategy. After a series of successful raises, Zilch is now valued at around $2 billion. This has lent the company considerable weight, helping to accelerate its expansion of efforts in existing markets and expand into new ones such as the US.

Freddie headshot

Freddie

Company Specialist

Insights

Some candidates hear
back within 2 weeks

-17% employee growth in 12 months

Company

Funding (last 2 of 6 rounds)

Jan 2023

$26.4m

LATE VC

Jun 2022

$50m

SERIES C

Total funding: $306.4m

Company benefits

  • Pension scheme
  • Death in Service scheme
  • Income protection
  • 5% back on in-app purchases
  • £200 for WFH set up
  • Private Medical Insurance
  • Employee Assistance Programme
  • Gym membership discounts
  • Private therapy sessions
  • Enhanced maternity/paternity/adoption pay
  • Enhanced shared parental leave
  • Hybrid working
  • Casual dress code
  • Workplace socials
  • Healthyh snacks

Company HQ

Victoria, London, UK

Founders

Previously Managing Director & Founder at PBel for 6 years, Executive Director & Founder at Moola Mobile for 8 years and Managing Director - UK at NET1 UEPS Technologies for 2 years.

Share this job

View 4 more jobs at Zilch