Financial Operations Analyst

Job Description

11:FS is on a mission to change the fabric of financial services. Our Ventures practice builds challenger propositions globally, like we did for Natwest with Mettle. Our Pulse team creates a benchmarking tool used by the likes of Monzo, Starling, Natwest and Tesco Bank. Our Foundry team are delivering a Financial Services Operating System to help businesses quickly add financial services to their offering. On top of all of that, we’re a media company, our Growth team generate a stream of content that supports our brand and changes the conversation - not necessarily in that order.

To do this we need an amazing team so we have pulled together the best in financial services and beyond.

We truly live our values at 11:FS, and they are critical to your entire journey here. ‘Cultural Add’ is as, if not more, important as pure technical fit, and as part of your interview process we’ll deep dive in our values and your beliefs. Everyone at 11:FS fits our 4 core values: Team, Attitude, Communication and Impact, and this remains at the core of our growth.

As a finance team, we pride ourselves on being at the heart of all business decisions and providing best-in-class service to all departments. We work hand in glove with the business providing insightful reporting and analysis of the financial performance. We provide support in understanding and informing business decisions. As a team, we cover all aspects of financial management, from transactions to reporting to budgeting and project analysis.

As a Financial Operations Analyst, you will play a vital role in the team's financial operations & reporting function. You will be responsible for transaction processing of accounts payable and spend card accounts, accounts receivable and collecting debt in a timely manner, along with bank reconciliations and day-to-day business operations support. The role will support the financial reporting manager with things such as month-end accounting, annual audits and other ad-hoc project work.

Responsibilities

• Accounts Receivable: Responsible for managing and raising sales invoices and associated debt collection and processing receipts/payments.

• Accounts Payable: Managing purchase invoices, weekly payment runs and the reconciliation of supplier statements.

• Transactional Accounting: Spend card management and processing, reconciling bank accounts & processing bank transactions and understanding and applying VAT to sales invoices where applicable.

• Month end Operations: Supporting the Financial Reporting Manager with the analysis & reconciliation of all accounts, preparation and analysis of P&L, balance sheet & cash flow statements, journal preparation & posting (accruals & prepayments) and owning the third party cost management & analysis.

• Financial Reporting Support: annual audits, statutory accounts, R&D tax claims, system implementation, supplier management and financial compliance support.

• Business Partnering: being able to work effectively not only with your colleagues in the finance team but also across the business with both back office and front office functions to provide the best service possible.

Key Requirements

• Relevant experience in financial transaction processing.
• Actively studying or newly qualified ACCA/ACA/CIMA
• Experienced user of accounting software in particular Xero
• Ability to consistently meet deadlines.
• Possess exceptional organisational and time management skills and has a track record of consistently meeting deadlines in a fast-paced environment.
• Experience or understanding of our core systems (Spendesk, Xero and Mavenlink) - desired but not essential.

We strongly encourage people of colour, lesbian, gay, bisexual, transgender, queer and non-binary people, parents, and individuals with disabilities to apply. 11:FS is an equal opportunity employer and welcomes everyone to our team. If you need reasonable adjustments at any point in the application or interview process, please let us know.

In your application, please feel free to note which pronouns you use (For example - she/her/hers, he/him/his, they/them/theirs, etc).