Financial Accountant in Cambridge

Financial Accountant in Cambridge

Cambridge Full-Time 45000 - 55000 £ / year (est.) No home office possible
bit.bio

At a Glance

  • Tasks: Manage financial operations and ensure compliance with accounting standards.
  • Company: Join bit.bio, a pioneering biotech firm transforming medicine with innovative cell technology.
  • Benefits: Competitive salary, vibrant work environment, and opportunities for personal development.
  • Why this job: Make a real impact in the future of science while working with cutting-edge technologies.
  • Qualifications: ACCA/ACA qualified with experience in financial accounting and strong attention to detail.
  • Other info: Dynamic team culture that values creativity and collaboration.

The predicted salary is between 45000 - 55000 £ per year.

bit.bio is an award-winning spinout from the University of Cambridge. Our breakthrough technology combines synthetic and stem cell biology for the precise, efficient and consistent reprogramming of human cells used in research, drug discovery, and cell therapy. At bit.bio, we are passionate about engineering human cells that will enable the medicine of the future. To do this we need talented and curious people who want to make an impact on the future of science and therapeutics. As a team of individuals, we value science, collaboration, openness, curiosity and creativity. We are united by trust and respect for each other.

Location: Babraham Research Campus, Cambridge

Type: Full time, permanent

Start: Immediate

Salary: Competitive / Hours: 40 p/w

Office based position (Cambridge)

Your role in our team:

We are seeking an experienced Financial Accountant to manage all aspects of financial management. This role includes corporate accounting, regulatory and financial reporting, budget and forecasts preparation, and the development of internal control policies and procedures.

Your key responsibilities will include:

  • Manage all accounting operations including Employment Cost Accounting, Inventory Cost accounting, Revenue recognition, and Consolidation.
  • Coordinate and direct the preparation of the budget and financial forecasts and report variances.
  • Prepare and publish timely monthly management accounts.
  • Assisting in the preparation of annual statutory accounts.
  • Research technical accounting issues for compliance with international accounting standards (IFRS).
  • Preparing and reviewing monthly balance sheet reconciliations for complex balances such as share based payment reserve.
  • Prepare for, manage, and oversee annual audits.
  • Manage and comply with Company tax filings including the preparation of the R&D tax credit computation.
  • Liaising with the People & Culture team (& third-party providers where necessary) to ensure that all relevant payroll taxes are paid on time, the payroll posting and associated monthly reports are accurate.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • On a regular basis, review and manage the performance of the company's accounting services providers.
  • Provide cover and assistance to the wider finance team and assist in any other ad hoc projects as required, including exploring better ways of working with departments across the company.

You…

  • Are ACCA/ACA qualified with demonstrable experience in a Financial Accountant role.
  • Must demonstrate exceptional attention to detail.
  • Have excellent organisational and communication skills.
  • Have effective time management and prioritisation skills to manage conflicting priorities in order to manage workflow, to ensure the completion of essential projects, and meet critical deadlines.

With essential experience in…

  • Thorough knowledge of IFRS accounting principles and procedures.
  • Experience with creating financial statements.
  • Experience with general ledger functions and the month-end/year end close process.
  • Advanced accounting software user and administration skills.
  • Proficiency in Excel and PowerPoint.

…and possibly…

  • Experience in Life Science, Biotech or related industry.

More reasons to join us:

bit.bio provides a vibrant and dynamic work environment in an exciting, fast-moving time for biology. We work with cutting edge technologies and with our world-leading scientific advisory board. We conduct pioneering work with real-world impact. We trust our people to make significant contributions early on with opportunities to be involved in projects that are key to the success and growth of our young company. We invest in people, creating opportunities for personal development in an inclusive multi-skilled team with ambitious goals that provide opportunities to learn on the job from each other. Creativity and open minds are encouraged for everyone to contribute to the success of the company.

Financial Accountant in Cambridge employer: bit.bio

At bit.bio, we pride ourselves on being an exceptional employer, offering a vibrant and dynamic work environment at the Babraham Research Campus in Cambridge. Our commitment to innovation in synthetic and stem cell biology fosters a culture of collaboration, creativity, and personal development, where every team member is empowered to make impactful contributions from day one. With competitive salaries, opportunities for professional growth, and a supportive atmosphere that values trust and respect, bit.bio is the ideal place for talented individuals looking to advance their careers in a meaningful way.
bit.bio

Contact Detail:

bit.bio Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Accountant in Cambridge

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and biotech sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings at bit.bio or similar companies.

✨Tip Number 2

Prepare for interviews by researching bit.bio’s mission and values. Understand their work in synthetic and stem cell biology, and think about how your skills as a Financial Accountant can contribute to their goals. Tailor your responses to show you’re not just a fit for the role, but for the company culture too!

✨Tip Number 3

Practice your interview skills with a friend or mentor. Focus on articulating your experience with IFRS and financial reporting clearly. The more comfortable you are discussing your expertise, the more confident you’ll appear during the actual interview.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the bit.bio team. Keep an eye on our careers page for updates and new opportunities!

We think you need these skills to ace Financial Accountant in Cambridge

ACCA/ACA qualification
Financial Management
Corporate Accounting
Regulatory Reporting
Budget Preparation
Forecasting
Internal Control Development
Employment Cost Accounting
Inventory Cost Accounting
Revenue Recognition
Consolidation
IFRS Compliance
Financial Statement Creation
General Ledger Functions
Advanced Excel and PowerPoint Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role at bit.bio. Highlight your ACCA/ACA qualifications and relevant experience in financial management, as well as your knowledge of IFRS principles. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for the life sciences and how you can contribute to our mission at bit.bio. Be sure to mention specific experiences that demonstrate your attention to detail and organisational skills.

Showcase Your Technical Skills: Since this role requires advanced accounting software skills and proficiency in Excel, make sure to highlight these in your application. If you've worked with any specific tools or software, let us know! We love seeing candidates who are tech-savvy.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you're keen on joining our team at bit.bio!

How to prepare for a job interview at bit.bio

✨Know Your Numbers

As a Financial Accountant, you’ll need to demonstrate your expertise in financial management. Brush up on key accounting principles, especially IFRS standards, and be ready to discuss how you've applied them in previous roles. Prepare examples of financial statements you've created or managed.

✨Showcase Your Attention to Detail

Attention to detail is crucial in this role. During the interview, highlight specific instances where your meticulous nature helped prevent errors or improved processes. Bring along any reports or reconciliations that showcase your thoroughness.

✨Communicate Clearly

Effective communication is key, especially when liaising with teams like People & Culture. Practice explaining complex financial concepts in simple terms. This will show that you can bridge the gap between finance and other departments, which is vital for collaboration.

✨Prepare for Technical Questions

Expect questions about technical accounting issues and compliance. Review common challenges faced in financial reporting and be prepared to discuss how you would approach them. This shows your problem-solving skills and readiness to tackle real-world scenarios.

Financial Accountant in Cambridge
bit.bio
Location: Cambridge

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