Accounts Assistant, Cleo

£25.4-35.8k

+Equity

Excel
Google Sheets
Xero
Junior and Mid level
London

1-2 days a week in office

Cleo

AI personal finance assistant

Job no longer available

Cleo

AI personal finance assistant

201-500 employees

FintechB2CArtificial IntelligenceBankingPersonal financeFinancial ServicesSaaS

Job no longer available

£25.4-35.8k

+Equity

Excel
Google Sheets
Xero
Junior and Mid level
London

1-2 days a week in office

201-500 employees

FintechB2CArtificial IntelligenceBankingPersonal financeFinancial ServicesSaaS

Company mission

To help millions of people improve their financial health, and relate to them in a way their banks never could.

Role

Who you are

  • Strong attention to detail with good analytical skills will be key for success in the role
  • Minimum of 2 years experience in a similar role
  • You’re hardworking, reliable and well organised
  • You have experience working for a start-up/scale-up, or have clear rationale for why you’re excited to have an impact in one
  • You’re proactive - you can't see a big problem without wanting to solve it
  • Basic/Intermediate Microsoft Excel and Google Sheets skills (would consider someone with basic functionality for sums and functions etc.)
  • Attention to detail with self-reviews is a must to ensure the accuracy of work
  • You're an approachable, friendly, sociable person who works well in a team environment and enjoys communicating with people across the company including Exec members
  • Previous experience with Xero would be preferred

Desirable

  • A passion or previous experience in the Fintech sector

What the job involves

  • We’re looking for an Accounts Assistant. This key role has come about to due the growth of Cleo and will be part of a finance team that will continue to evolve over the coming years as Cleo expands and comes with opportunities to develop and be exposed to other areas of the wider finance team in the future
  • We’re building a world-class, data-driven and tech-focused Finance team. You will be very much hands on and responsible for transactional processes, control of supplier and card payment processes and controls as well as key aspects of month and year end
  • The Accounts Assistant is expected to collaborate with colleagues across the wider Finance department, Commercial, Product & support teams to drive forward enhancements to our financial capabilities, reporting and decision making
  • Accounts payable:
  • Posting of supplier invoices and transactions
  • Reconciling our banks on Xero and responsible for posting bank transactions
  • Preparation of payment run files for review and uploading payments to the bank
  • Liaising with suppliers and teams across the business
  • Responsible for our invoice approval system / process and continuing to develop this as we scale
  • Organising filing of all accounts payable information
  • Proactively dealing with queries
  • Card expenses:
  • Control of all virtual company card expenditure and postings
  • Month end reconciliations
  • Looking for new incentives to streamline processes
  • Other support:
  • Being one of the first points of contact for Finance
  • Assisting with budgeting and cashflow
  • Work on 3rd party reconciliations
  • Dealing with the finance email account and answering queries in a timely and friendly manner
  • Other ad hoc projects including supporting the team with year-end audit, fundraising rounds and maintaining robust controls and processes

Salary benchmarks

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Insights

Rocket List 2021
Top investors

43% female employees

24% employee growth in 12 months

Company

Company benefits

  • 25 days of Annual leave a year + public holidays (+ an additional day for every year you spend at Cleo)
  • 401k matching in the US and 6% employer-matched pension in the UK
  • Online courses, £150 annual budget & internal training to level up your skills
  • Regular socials and activities, online and in-person
  • Online mental health support via Spill
  • 1 month paid sabbatical after every 4 years with Cleo
  • OpenAI Plus subscription
  • Electric vehicle salary sacrifice scheme and cycle-to-work scheme
  • Life assurance and income protection via AIG
  • Medical insurance via Axa and Healthcare cash plan via Medicash
  • Performance reviews every 8 months. Generous pay increases for high performers and high-growth team members. Equity top-ups for team members getting promoted

Funding (last 2 of 5 rounds)

Jun 2022

$80m

SERIES C

Dec 2020

$44m

SERIES B

Total funding: $137.5m

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.

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.

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Kirsty

Company Specialist at Welcome to the Jungle