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- Tasks: Lead financial strategy and mentor a high-performing finance team in a mission-driven organisation.
- Company: myGwork, an award-winning community for LGBT+ professionals and inclusive employers.
- Benefits: Competitive pay, shares, flexible work, health insurance, and generous holidays.
- Why this job: Join a dynamic team making a real impact in promoting diversity and inclusion.
- Qualifications: CIMA, ACA or ACCA certification with proven financial leadership experience.
- Other info: Part-time role with potential for full-time transition and excellent career growth.
The predicted salary is between 48000 - 84000 £ per year.
myGwork is the business community for LGBT+ professionals, students, inclusive employers, and anyone who believes in workplace equality. We want to empower the LGBT+ community by offering our individual members a safe space where they can connect with inclusive employers, find jobs, mentors, professional events and news. myGwork is an Award-Winning Company. Founded in 2014, we have been listed as a Top 5 start-up with Pride by Geek Times and our Founders have won the Attitude Award Young LGBT+ Entrepreneur of the Year. As of today, the company has reached maturity, raised significant funding and is ready to enter a new era of growth.
As the key financial leader within the organisation, you will work closely with the founders, the executive leadership team and other senior stakeholders to shape the overall strategy of the business. You will personally lead the design and delivery of the financial strategy, including reporting, financing, and driving sustainable growth.
Areas of responsibility
- Growing a Finance function
- Evaluate and optimise the efficiency and effectiveness of the core finance team's operations, structure, systems and technology.
- Mentor and lead a high-performing finance team capable of supporting the organisation's growth objectives.
- Establish training programs and professional development opportunities to enhance the skills and knowledge of finance staff, fostering a culture of continuous improvement and excellence.
- Ownership over the financial model
- Take the lead on the annual budget (in collaboration with Executive Team).
- Analyse and enhance the financial model incl. both financial and operating targets ensuring its robustness, structural integrity, and alignment with business objectives.
- Validate key assumptions, ensuring they reflect realistic drivers and are measurable to guide decision-making accurately.
- Leverage internal data to refine the financial model, ensuring accurate forecasts for future funding and liquidity events.
- Develop and communicate a comprehensive, accurate financial picture for potential funding or liquidity scenarios.
- Reporting
- Ensure the quality and accuracy of management accounts, fostering transparency and precision in financial reporting.
- Oversee sales invoicing and credit control processes to maximise efficiency and minimise risk.
- Verify the accuracy of all Key Performance Indicators (KPIs) incl. financial, operating, sales, and revenue recognition, aligning reporting with actual outcomes.
- Perform periodic latest estimate process for future month and financial year performance.
- Own the monthly Board performance reports on financial and operating metrics vs. plan.
- Provide financial leadership, offering credibility and strategic insights to the board.
- Conduct potential tax reviews, including share option valuations, sales tax, and intellectual property considerations.
- Strategy
- Assess and orchestrate the optimal mix and size of future equity or venture debt rounds to support growth initiatives.
- Oversee the funding process, aligning financial strategies with the company's long-term goals.
- Act as a strategic partner to the go-to-market sales team, balancing financial considerations with growth strategies.
- Evolve pricing, sales structures, upsell strategies, and compensation plans for sustained success.
- Standardise terms and conditions with clients and optimise legal turnaround time in deal management processes.
- Shield executives from investor pressures, allowing focus on operational excellence.
Who you are
You are a seasoned finance professional with a passion for diversity and inclusion, eager to contribute to the success of a mission-driven organisation. Your profile would ideally include all or most of the following:
- Highest ethical standards
- CIMA, ACA or ACCA certification is essential
- Proven experience in financial leadership roles, ideally within a scaling business or similar environment
- In-depth knowledge of financial modelling, strategic planning, and tax regulations
- Strong analytical and strategic thinking skills
- Exceptional communication and listening skills with the ability to influence and collaborate across departments
- High energy, results-oriented, and determined to do all necessary to assist in the company's success
- Dynamic with a true entrepreneurial spirit and passion for a fast-paced, growing environment
- Think strategically, drive to action, and be ready to roll up your sleeves
- Desire and ability to learn new things and be a part of a dynamic and growing team
- Ability to juggle multiple projects at once, last-minute requests and quick turnarounds with a positive attitude
- A passion for diversity, inclusion and everything LGBT+ related matters
What we offer
- Competitive day-rate / compensation (pro-rated to 1-2 days per week switch to full-time in the medium-term possible / preferred)
- Shares & Ownership in a potential unicorn
- Flexible working conditions
- Pension scheme
- Health Insurance
- Subsidised gym membership
- Generous holidays
Additional Information
- Location: London (the candidate would ideally come to the office once a week)
- Type: Part-Time
- Functions: Finance
- Industry: Services
myGwork is committed to promoting equal opportunities in employment. You and any job applicants will receive equal treatment regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation. In case of interest please apply through this career page or contact Benoit Kuhn directly at ben@bergsearch.com.
Fractional CFO in City of London employer: Berg Group
Contact Detail:
Berg Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fractional CFO in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance sector, especially those who share your passion for diversity and inclusion. Attend events, join online forums, and don’t be shy to reach out on LinkedIn.
✨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your financial modelling and strategic planning expertise. When you get the chance to chat with potential employers, use real examples to demonstrate how you've driven growth in previous roles.
✨Tip Number 3
Be ready for the interview! Research myGwork and understand their mission. Think about how your experience aligns with their goals and be prepared to discuss how you can contribute to their growth and success.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the myGwork community and supporting the LGBT+ mission.
We think you need these skills to ace Fractional CFO in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Fractional CFO role. Highlight your financial leadership experience and any relevant certifications like CIMA, ACA, or ACCA. We want to see how you can contribute to our mission!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for diversity and inclusion, and explain why you're excited about working with myGwork. Let us know how your values align with ours and how you can help drive our growth.
Showcase Your Strategic Thinking: In your application, demonstrate your analytical and strategic thinking skills. Provide examples of how you've successfully led financial strategies in the past, especially in scaling businesses. We love seeing how you think and act strategically!
Apply Through Our Website: Don't forget to apply through our career page! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at myGwork!
How to prepare for a job interview at Berg Group
✨Know Your Numbers
As a Fractional CFO, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. This shows you can hit the ground running!
✨Showcase Your Leadership Style
You'll be mentoring a finance team, so it's crucial to convey your leadership approach. Prepare examples of how you've developed teams in the past and fostered a culture of continuous improvement. This will highlight your ability to inspire and lead.
✨Align with Their Mission
myGwork is all about diversity and inclusion. Make sure to express your passion for these values during the interview. Share experiences that reflect your commitment to creating inclusive environments, as this will resonate well with their ethos.
✨Prepare Strategic Insights
Be ready to discuss strategic financial planning and how you would approach funding rounds or pricing strategies. Think about how your insights can align with their growth objectives, and come prepared with ideas that could benefit the company.
