Flexa
Ito World

Finance Director

Employment type:  Full time
Salary:  Negotiable

Fully-remote

A little flex time

Job Description

About Ito World

Ito World solves transportation challenges across the globe for millions of travelers everyday…probably even you! Ito aims to reduce pollution and congestion in urban environments globally. We deliver data and software solutions that make it easier for the public to discover and navigate shared transport options, such as public transport and micro mobility. We work with prominent tech companies such as Google and Apple along with governments around the world to maximize our impact.

Scope of the Role

In this role as Finance Director, reporting into Chief Executive Officer (CEO) you will be a hands-on in leading our finance function to support the commercial development and investor backed expansion of Ito World. You are a member of the Senior Leadership Team playing a key role in shaping the financial success of Ito World. You will own Ito World’s financial governance and reporting, ensuring the company can rapidly deliver growing financial performance, and that all financial and statutory requirements for the business are served.

How You’ll Succeed

Strategic Input, Forecasting & Reporting

  • Support the CEO and COO in the annual strategy reviews, producing robust financial plans in line with revenue targets.
  • Develop the 3-year forecasts with scenarios and manage the annual budget process.
  • Ensure robust working capital management, project profitability and re-forecasting processes are in place.
  • Have a strong grasp on cash management, producing a cash strategy which supports our Offering Strategy.
  • Create high quality financial reporting capabilities, that enable the Senior Leadership Team to monitor the performance of the business.
  • Implement a monthly dashboard with key financial and pipeline KPIs which reflect the business complexities and include a narrative sharing your insights/key takeaways for the SLT.
  • Prepare the management accounts for the CEO and investors and provide monthly financial reports to the SLT, highlighting areas of success and risk.
  • Call out any financial risks or areas for concern to the CEO and produce recommendations on how to mitigate.
  • Produce reports and business analysis as required to bring insight and support decision making and planning activities.

Finance Function Management

  • Sales & Purchase Ledger – hands on management of sales and purchase ledger alongside Finance Officer
  • Oversee Credit Control & Debtor Management
  • Finance Compliance and legal reporting management – for UK and USA

Commercial Support

  • Client Contract review and approval
  • Commercial team tender support

Business Partnering

  • Serve as a business partner to the CRO, providing comprehensive support in deal negotiations, sales forecasting, and sales commissions and to ensure good governance across sales policies.
  • Be the financial expert within the business, being able to direct the CEO on financial decisions.
  • Work with SLT to ensure robust functional budgets, giving them visibility to how they’re tracking month on month.
  • Prepare and deliver the financial papers for Board meetings. Attend and participate in all Board meetings.
  • Be able to respond in a timely and appropriate manner to any ad hoc Board queries regarding the financial performance of the business.

Systems & Processes

  • Review all financial systems and processes to ensure correct capabilities in place to support a scaling company, automating where appropriate to improve efficiencies.
  • Embed an FP&A process across the business, improving cost coding, visibility, and management.
  • Implement project and resource time tracking across major projects to monitor development costs.

Team

  • You will lead the Finance function on a day-to-day basis, directing and advising them required.
  • Develop the finance team capabilities & ensure sufficient staffing to deliver future growth.

What it Takes

  • You are ACA/ACCA/CIMA qualified.
  • You can demonstrate experience in leading a finance function within a similar sized business or a sub-function/department within a larger organisation.
  • You understand the components of tender & contract processes and can deliver cash management plans accordingly to support.
  • You understand the nuances of scaling a business and how to manage the changes to employees and ways of working.
  • You are comfortable taking initiative and actively seek out opportunities to drive our continued success.
  • You are results-focused and work collaboratively & pro-actively.
  • You can communicate with intent and purpose to influence internal stakeholder groups and drive cross-functional collaboration towards common goals.

Company benefits

Open to part-time employees
Enhanced maternity leave
Enhanced paternity leave
25 days annual leave + bank holidays
Flexible public holidays - option to swap up to 5 UK public holidays to celebrate the festival of your choice. Choose an alternative day that fits your personal values, beliefs or celebration calendar better.
Enhanced pension and health insurance after 2 years service
Life Insurance
New parents take a day off to celebrate your child’s first birthday
Wellbeing and employee assistance programme

The FlexScore® is the result of a rigorous 2-step verification of a company’s flexibility

First we assess the flexibility options Ito World provides and then we anonymously survey a statistically significant proportion of their employees to make sure Ito World is as flexible as they say they are. Our assessment is based on the six key elements of flexibility: location, hours, autonomy, benefits, role modelling and work-life balance.

We ask the hard questions so you don’t have to.

Working at Ito World

Company employees

90

Gender diversity (male:female)

70:30

Office locations

Remote across the UK

Hiring Countries

United Kingdom

Awards & Achievements

Most flexible companies

Most flexible companies

Flexa100 2023
3rd – Travel & Transportation

3rd – Travel & Transportation

Industry awards 2022