At a Glance
- Tasks: Drive financial performance and provide insights to support strategic decisions.
- Company: Fast-growing fintech startup focused on financial inclusion.
- Benefits: Dynamic work environment, competitive salary, and career growth opportunities.
- Other info: Hybrid role with a collaborative team in Camden, London.
- Why this job: Make a real impact on underserved communities through innovative financial solutions.
- Qualifications: Bachelor’s degree and 4+ years in commercial finance or analytics.
The predicted salary is between 50000 - 60000 £ per year.
Please note: This is a hybrid role from our office in Camden, London - 3 days a week. Visa sponsorship is considered for this role.
About Bits
Bits is a fast-growing fintech startup based in London. We are dedicated to promoting financial inclusion and providing credit building solutions to individuals who have been overlooked by mainstream lenders. With the support of renowned investors, we have quickly gained traction and currently serve over 600,000 customers across the UK.
About the role
We are seeking a highly motivated and detail-oriented Commercial Finance Analyst to join our dynamic finance team. In this role, you will be instrumental in driving financial performance and supporting strategic decision-making by providing insightful analysis and commercial insights. You will work closely with various departments to understand business needs, forecast financial outcomes, and contribute to the overall financial health of the organisation.
Responsibilities
- Data analysis: Conduct independent SQL querying and investigation of our backend databases and tables to bring unique product financial insights.
- Financial Analysis: Conduct detailed financial analysis, including profitability analysis, LTV/CAC, cost analysis, and variance analysis to support business decisions.
- Budgeting & Forecasting: Assist in the preparation of budgets and financial forecasts. Track performance against these budgets and provide recommendations for improvement.
- Commercial Insights: Analyse sales data, customer trends, and market conditions to provide actionable commercial insights that drive revenue growth and profitability.
- Reporting: Prepare and present regular financial reports, including monthly management reports, KPI dashboards, and ad-hoc analysis as required.
- Financial Modelling: Develop and maintain financial models to support scenario planning, investment appraisals, and business cases.
- Continuous Improvement: Drive process improvements within the finance function to increase efficiency, accuracy, and insightfulness of financial analysis.
Requirements
- Bachelor’s degree at leading university. A professional finance qualification (e.g., ACCA, CIMA, CPA) is a plus.
- 4+ years of experience in a similar commercial finance or analytical role, preferably in a fast-paced, high-growth environment. Start-up experiences is an advantage.
- Strong analytical skills with the ability to interpret complex financial data and provide actionable insights.
- Proficiency in financial modelling, budgeting, and forecasting techniques.
- Advanced proficiency in SQL and EXCEL.
- Excellent communication skills, both written and verbal, with the ability to present financial information to non-financial stakeholders.
- Strong attention to detail and a proactive approach to problem-solving.
- Ability to manage multiple tasks and work to tight deadlines in a fast-paced environment.
Benefits
- A dynamic and inclusive work environment in a rapidly growing fintech startup.
- Opportunities for professional development and career growth.
- Competitive salary.
- The chance to make a significant impact on financial inclusion and credit building for underserved communities.
If you are passionate about finance and eager to contribute to a growing company, we would love to hear from you. Please submit your resume and a brief cover letter outlining your relevant experience and why you are a great fit for this role.
Commercial Financial Analyst in Camden Town employer: Bits
Bits is an exceptional employer that fosters a dynamic and innovative work culture, perfect for those passionate about fintech. Located in the vibrant Greater London area, we offer our employees unique growth opportunities, mentorship from industry leaders, and the chance to make a real difference in customers' financial well-being. Join us to be part of a collaborative team where your ideas are valued and your career can flourish.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Financial Analyst in Camden Town
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bits. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commercial Financial Analyst in Camden Town
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bits.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bits's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bits
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bits.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bits will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bits employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
