Lead Revenue Controller

Location: United Kingdom
Department: Finance
Posted:

About Tide

At Tide, we are building a finance & admin platform designed to save small businesses time and money. We provide our members with business accounts and related banking services, but also a comprehensive set of connected administrative solutions from invoicing to accounting.

Launched in 2017, Tide is now the leading business financial platform in the UK with 575,000 SME members (10% market share) and more than 250,000 SMEs in India. Headquartered in London, Tide has over 1,600 Tideans across the UK, Bulgaria, India, Serbia, Romania, Ukraine and Germany. 

Tide is rapidly growing, expanding into new markets and always looking for passionate and driven people. Join us in our mission to empower small businesses and help them save time and money.  

About the Role:

The Financial Reporting and Control team are responsible for the financial controllership of the Tide Group.  This includes month end reporting, statutory accounts and related audits and ensuring a robust control framework and processes for our global Finance operations.

We need someone to be proactive, take initiative and build out best in class financial reporting and control processes and procedures for our Revenue Control & Regulatory Capital team.

As our new Lead Revenue Controller you’ll report to the Director of Financial Reporting & Control and be responsible for the financial reporting and controllership of Revenue, Cost of Sales and Risk Costs within the Tide Group. You will be responsible for the accuracy of Tide’s UK regulatory reporting, managing both internal and external reporting.

What we’re looking for:

It’s exciting times here at Tide, we are scaling and developing our product offering at a phenomenal rate and have made our first step into our ambitious plans towards international expansion and diversifying our product offering. 

As the Lead Revenue Controller you’ll be: 

  • Responsible for the monthly close process – capturing Revenue, Cost of Sales and Risk Costs (incl. related B/S items) to the ledger  
  • Review the month end P&L and balance sheet for relevant line items, understand drivers of month on month movements, provide variance analysis and perform analytical review of the financials
  • Collaborate closely with the Business Areas, Financial Risk Management and FP&A to provide analysis of the revenue and cost of sales of the Tide group entities
  • Manage Regulatory Reporting and prepare forecasts
  • Maintaining best practice documentation of accounting policy and papers for material transactions and revenue recognition
  • Work closely with the Treasurer on cash management and cash flow forecast
  • Collaborate within the Financial Reporting & Control team to ensure timely and accurate reporting of monthly P&L, balance sheet and cash flow, annual financial statements and regulatory reporting
  • Ensure proper books and records for all financial transactions
  • Build out balance sheet substantiation procedures and monthly reconciliations
  • Manage relationships with external auditors and tax advisors
  • Build robust financial control processes and strengthening internal control framework
  • Identify opportunities to streamline and improve accounting processes, operations and systems
  • Collaborate with the project team and play a key role for your assigned work areas for the new SAP general ledger system

What makes you a great fit: 

  • Experience working in fintech, financial services or MNCs
  • Strong financial acumen and excellent technical accounting skills.  Familiar with accounting standard and disclosure requirements under UK GAAP and/or IFRS
  • Experienced in dealing with the statutory audit of financial services company
  • You hold a professional finance qualification (CA)
  • 10+ years PQE
  • Confident dealing with senior stakeholders across the business and owning your work with minimal hands-on management
  • Excellent commercial acumen
  • Meticulous attention to detail
  • Excellent verbal and written communication skills
  • Ability to take responsibility for business-critical financial operations
  • Exceptional organisational skills
  • Ability to stick to tight deadlines
  • Curious mind and high level of problem solving capability
  • Motivated by making a difference and getting things done
  • You would like to work in a fast-paced, startup environment
  • Personable, and able to build strong working relationships
  • Tech savvy, with strong Microsoft Excel/Gsheet skills
  • Experience with Xero or SAP

What you’ll get in return:

  • A competitive salary
  • Share options
  • Flexible working options
  • 25 days holiday with the option to take 5 extra days of unpaid leave per year
  • 3 days paid volunteering or L&D time off per year
  • Personal L&D budget of £1,000 professional L&D budget per year 
  • Group Life Insurance, Vitality Health and Dental Insurance
  • Spacious brand-new office by Old Street station with an all-day snacks bar
  • Enhanced family-friendly leave
  • Access to a global mental wellbeing platform that provides 1:1 video therapy sessions with accredited therapists and unlimited chat therapy sessions
  • Work from home budget
  • Team socials – virtual and physical events
  • Sabbatical leave

Tidean Ways of Working 

At Tide, we’re Member First and Data Driven, but above all, we’re One Team. Our Working Out of Office (WOO) policy allows you to work from anywhere in the world for up to 90 days a year. We are remote first, but when you do want to meet new people, collaborate with your team or simply hang out with your colleagues, our offices are always available and equipped to the highest standard. We offer flexible working hours and trust our employees to do their work well, at times that suit them and their team.

Tide is a place for everyone

At Tide, we believe that we can only succeed if we let our differences enrich our culture. Our Tideans come from a variety of backgrounds and experience levels. We consider everyone irrespective of their ethnicity, religion, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity status or disability status. We celebrate diversity in our workforce as a cornerstone of our success. Our commitment to a broad spectrum of ideas and backgrounds is what enables us to build products that resonate with our members’ diverse needs and lives. 

We are One Team and foster a transparent and inclusive environment, where everyone’s voice is heard.

 

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