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- Tasks: Lead financial strategy and operations in a fast-paced fintech startup.
- Company: Join Bits, a rapidly growing fintech startup focused on financial inclusion.
- Benefits: Enjoy a dynamic work environment in London with opportunities for growth.
- Why this job: Be part of reshaping the credit landscape and empowering consumers.
- Qualifications: 15+ years in finance, with experience as a CFO in high-growth startups.
- Other info: This role requires in-office attendance in London.
The predicted salary is between 72000 - 108000 £ per year.
Please note: This role is only open to candidates based in the UK. Our office is located in London, and this is a full-time position that requires in-office attendance.
About Bits:
Bits is a hyper-growth fintech startup committed to enhancing financial inclusion and empowering consumers to build and maintain their credit. Our innovative platform has quickly gained traction in the UK market, serving over 300,000 customers and backed by prominent investors, including Y Combinator. We are on a mission to reshape the credit landscape and create opportunities for those often overlooked by traditional financial institutions.
About the Role:
As the CFO for Bits, you will be at the forefront of our financial strategy in a high-paced environment. You will lead all financial operations, create a robust financial strategy to support our hyper-growth trajectory, and ensure we maintain solid financial health. Collaborating closely with the executive team, you will inform strategic decisions, stimulate growth, and ensure compliance and risk management.
We are seeking someone who is highly motivated, assertive, tenacious, and proactive. Experience in private banking or investment banking is essential, as you will need to bring a strong financial acumen and a determined attitude to this role.
Requirements
- 15+ years of experience in finance roles, with significant experience as a CFO or senior finance executive in a high-growth startup environment
- Proven track record of scaling financial functions in complex, fast-paced organizations
- Expertise in fundraising, financial forecasting, budgeting, and reporting
- Strong understanding of accounting principles and regulatory requirements
- Exceptional strategic planning and operational management skills
- Experience in building and leading high-performing finance teams
- Strong analytical skills with a data-driven approach to decision-making
- Bachelor\’s degree in finance, accounting, or related field; MBA or relevant financial certifications (CFA, CPA) preferred
- Excellent communication and negotiation skills, with the ability to present complex financial information effectively
Benefits
- Accounting for International Development
- Accounting for International Development
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CFO for Hyper Growth Startup employer: Bits
Contact Detail:
Bits Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CFO for Hyper Growth Startup
✨Tip Number 1
Network with professionals in the fintech and finance sectors, especially those who have experience in hyper-growth startups. Attend industry events or webinars to connect with potential colleagues or mentors who can provide insights into the role and company culture.
✨Tip Number 2
Familiarize yourself with the latest trends in financial technology and credit solutions. Being knowledgeable about current market dynamics will not only help you in interviews but also demonstrate your commitment to the industry and the mission of Bits.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences where you've successfully scaled financial operations in a fast-paced environment. Highlight your strategic planning skills and how they contributed to growth in previous roles.
✨Tip Number 4
Showcase your leadership abilities by discussing how you've built and led high-performing finance teams. Be ready to explain your approach to team management and how you foster a collaborative and results-driven environment.
We think you need these skills to ace CFO for Hyper Growth Startup
Some tips for your application 🫡
Understand the Company: Dive deep into Bits' mission and values. Familiarize yourself with their innovative platform and how they are reshaping the credit landscape in the UK. This knowledge will help you tailor your application to align with their goals.
Highlight Relevant Experience: Emphasize your 15+ years of finance experience, particularly in high-growth startup environments. Detail your previous roles as a CFO or senior finance executive, showcasing your expertise in fundraising, financial forecasting, and strategic planning.
Showcase Leadership Skills: Demonstrate your ability to build and lead high-performing finance teams. Provide examples of how you've successfully managed financial operations and contributed to the growth of previous organizations.
Craft a Compelling Cover Letter: Write a cover letter that reflects your motivation and tenacity. Clearly articulate why you are the right fit for the CFO role at Bits, and how your skills and experiences can contribute to their mission of enhancing financial inclusion.
How to prepare for a job interview at Bits
✨Showcase Your Financial Acumen
As a CFO candidate, it's crucial to demonstrate your deep understanding of financial principles. Be prepared to discuss your experience in fundraising, budgeting, and financial forecasting, and how these skills have contributed to the success of previous organizations.
✨Highlight Your Experience in High-Growth Environments
Bits is a hyper-growth startup, so emphasize your experience in similar fast-paced settings. Share specific examples of how you've scaled financial functions and navigated challenges in rapidly changing environments.
✨Prepare for Strategic Discussions
Since you'll be collaborating closely with the executive team, be ready to engage in strategic discussions. Think about how you can contribute to the company's mission of enhancing financial inclusion and reshaping the credit landscape.
✨Demonstrate Leadership Skills
The role requires building and leading high-performing finance teams. Prepare to discuss your leadership style, how you've developed talent in the past, and your approach to fostering a collaborative and motivated team environment.
