Financial Controller

Job title:

Financial Controller

Company

COAT

Job description

At COAT, we’re changing the paint game.COAT is the fastest-growing paint company in the UK, and we’re looking for people to join us.Offering a re-invented digital buying experience, and sustainable luxe paint delivered the next day – we’re making it ridiculously easy for people to create a home that they’re proud of for themselves, and the planet.Backed by leading VCs, and pioneering sustainability within our industry, we’re continuing to grow and set new benchmarks – reinventing paint for a conscious generation of homeowners and designers.We’re looking for a Full-time Financial ControllerAt COAT, we’re the paint experts. Our founders and team deeply understand paint, decorating, and interiors. We also know a thing or two about brand and growth marketing.We’re looking for someone to join the leadership team who loves the numbers. But beyond that, we’re looking for a growth-focused FC with the vision to take COAT to the next level. From the fundamentals of controlling and financial planning, to scenario planning and modeling – it’s a broad role in an exciting early-stage company offering huge growth and development potential.About YouAs a Finance role, there are some very clear responsibilities and qualifications we’re looking for – which are outlined in the next section. But beyond the numbers, we believe that hiring someone who can demonstrate the attitude and ways of working that power a startup business – and who thrives in that environment – is the most important factor.To thrive and grow in the FC role at COAT, you’ll should resonate and be confident in demonstrating these things;Humanity: people do things with, and for, people – not companies. You’ll have a character that means you can connect with people fast, communicate effectively, and build relationships to get stuff done for COAT.Independence: as a rule, we hire experts and then trust everyone to own their lane and direction – coming together to share ideas, and execute fast. There’s very little hand-holding, and very much an innate trust to get cracking with the support of a like-minded team.Growth mindset: you’ve got to effectively balance the ‘controlling’ side of proper financial governance, with the constant opportunities that arise in a young and growing business. We’re such a free and fast-moving business, that this balancing act is part of our everyday.What You’ll Be DoingFinancial Leadership:

  • Oversee all financial operations, including accounting, financial reporting, budgeting, and forecasting.
  • Develop and implement robust financial controls and procedures to ensure accuracy and compliance.
  • Provide strategic financial insights and recommendations to the executive leadership team.
  • Management of Accounts Payable and Receivable processes within COAT.

Financial Reporting

  • Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
  • Maintain compliance with all regulatory requirements and accounting standards.

Budgeting & Forecasting:

  • Lead the annual budgeting process and ongoing financial forecasting.
  • Monitor financial performance against budget and forecasts, providing variance analysis and actionable insights.
  • Maintain financial models to support strategic planning and decision-making.

Cash Flow Management:

  • Manage cash flow planning and ensure availability of funds as needed.
  • Optimize working capital and monitor cash balances to meet operational and investment needs.
  • Oversee treasury functions and relationships with banking partners

Systems & Process Improvement:

  • Evaluate and enhance financial systems and processes to support growth and scalability.
  • Implement best practices and automation to increase efficiency and accuracy.
  • Lead finance transformation projects as needed.

Stakeholder Management:

  • Serve as a key point of contact for investors, auditors, and other external stakeholders.
  • Prepare and present financial reports and analysis to the board of directors and investors.
  • Support fundraising activities and investor relations efforts.

Requirements

  • University degree in finance or economics
  • Recognised accounting qualification (e.g. CIMA, ACA)
  • 5+ years experience in Finance and Controlling functions
  • Excellent accounting knowledge, with proven experience with IFRS and consolidated financial reporting
  • Strong analytical skills and a hands-on attitude
  • Experience within a high-growth business, ideally a startup
  • Great motivation and focus on delivery
  • The right to work in the UK

Odds are if you’re accomplished in the above you’ll be detail-oriented and tech-savvy as a person too – which definitely helps. We’re a ‘solutions not problems’ business, and in such a rapid growth phase there’s always a lot going on – so you’ll have the full support of a tight-knit team but the freedom (and expectation) to act creatively and proactively alone.If you’re into interiors and home decor, that’s a bonus too and you’ll probably love it at COAT!Benefits

  • Type of role: Full time, Perm
  • Hours: 8 hours/day on weekdays, flexibly
  • Holidays: Unlimited, you do you
  • Location: Central London, and/or from home flexibly
  • Salary: £70k – £80k+, depending on experience
  • Perks: hefty discount on COAT paint, relaxed working policy, regular team events, share options

Expected salary

£70000 – 80000 per year

Location

London

Job date

Wed, 31 Jul 2024 22:24:45 GMT

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