Position
Financial Accountant
We are looking for a Financial Accountant to maintain and execute the operational aspects of Finance at Thread. Joining a close-knit team this role will be reporting into the Financial Controller, supporting the Finance team ensuring that our accounting data is reliable and accurate.
The ideal candidate should have a solid understanding of financial operations, alongside practical experience, with a keen interest to learn and develop in this area. The Financial Accountant is expected to have strong attention to detail, be thorough and dependable, and able to deliver consistently in a fast paced start-up environment. The Financial Accountant would be proactive in their role, communicating updates on progress/issues, and continually looking for ways to improve the function and their remit!
Responsibilities include:
- Be the primary contact for any finance related supplier queries and queries about payments within the business.
- Set-up and process weekly pay runs, ensuring all supporting documentation is available to allow for a smooth approval process
- Prepare weekly bank reconciliations and to ensure that all payments are recorded and reconciled accurately and on a timely basis
- Coordinate and manage refunds process for JIT partner stock
- Automate and systemise process as much as possible with a view to supporting a future junior hire to support within 6-12 months
- Taking responsibility for certain balance sheet accounts including the accounting for and reconciliation of fixed assets, cash, prepayments and intercompany loans
- Working with the Business Development and Styling team to understand the nature of any accruals needed to be captured
- Investigating and understanding any discrepancies in stock, working closely with the Operations team
- Working to continually improve and automate the month end process to allow for faster and better quality reporting
- Taking an active responsibility in ensuring that the Financials are accurate, reliable, and compliant
- Working closely with the Financial Controller to embed initiatives to help to continue to support this
- Acting as a key point of contact to our auditors and other external parties
- Supporting the Financial Controller in other Ad Hoc initiatives through the financial year to allow for business change and progression
Transactional Finance – oversee and manage the end-to-end invoicing process
Month End - helping to deliver the monthly financial results by Working Day 5. This would involve:
Controls and Compliance
Other
We would love to hear from you if:
- ACA, ACCA or CIMA qualified (or part qualified, with a keenness to progress through accounting qualification)
- 4+ years experience in an accounting role, ideally within a retail and/or ecomm business
- Bachelor’s degree or equivalent
- Comfortable working with large volumes of data, with strong Excel skills to support this
- High attention to detail A self starter who is enthusiastic about taking responsibility and ownership over elements of the month-end-process
- Demonstrated ability to proactively identify and escalate issues
- Hands-on, practical problem solving and process improvement skills
- A strong communicator who is comfortable partnering cross functionally with non-Finance members of the business
Nice to haves include:
- Experience of ERPs (Xero/ NetSuite)
- Knowledge of SQL
- Knowledge of Looker
Benefits at Thread include:
- Be part of a values-led team that are working hard to create one of the highest quality work-based cultures in the world. Learn more about what we’re trying to do in our culture deck. Informal, non-hierarchical, non-political, sociable work environment, with lots of autonomy and independence
- A competitive salary and a generous equity stake in the company (you’re working hard to make the company successful, so we believe you should share generously in the reward!)
- Pension scheme
- Unlimited holiday so you can recharge and relax
- Flexible working hours
- Equal parental leave