At a Glance
- Tasks: Support finance operations and drive process improvements in a pioneering biotech company.
- Company: Join Compass Pathways, a leader in mental health innovation based in London.
- Benefits: Enjoy a hybrid work model, competitive salary, and a commitment to employee wellbeing.
- Other info: Be part of a diverse team dedicated to transforming mental health care.
- Why this job: Make a real impact on mental health treatments while developing your finance skills.
- Qualifications: Qualified accountant with a proactive mindset and attention to detail.
The predicted salary is between 50000 - 60000 £ per year.
Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. The Company is headquartered in London, UK, with offices in New York City in the US. We focus on developing novel treatments that have the potential to improve the lives of those who are suffering with mental health conditions and who are not helped by current treatments.
We are pioneering a new paradigm for treating mental health conditions focused on rapid and durable responses through the development of our investigational COMP360 synthetic psilocybin treatment, potentially a first in class treatment. COMP360 has Breakthrough Therapy designation from the US Food and Drug Administration (FDA) and has received Innovative Licensing and Access Pathway (ILAP) designation in the UK for treatment-resistant depression (TRD) due to the pressing unmet need in this area.
We are currently in phase 3 for TRD, have completed phase 2 studies for both post-traumatic stress disorder (PTSD) and anorexia nervosa and are planning a further late-stage study in PTSD. We envision a world where mental health means not just the absence of illness but the ability to thrive.
Job overview
The Manager, Finance will support the Accounting and Reporting teams and play an integral role in the day to day running of the business. Working closely with the wider Finance team and cross-functional stakeholders, the role you will combine hands‑on operational ownership with process improvement, controls, and team leadership development in line with Compass's culture and values.
Location: Hybrid (Tuesdays and Thursdays in-person at our Soho London office).
Reports to: Director, Financial Controller.
Duration: 9‑month contract.
Responsibilities
- Performing monthly close activities including preparation of balance sheet reconciliations, journal entries primarily for accruals, intercompany charges, and prepayments, and performing analytical reviews.
- Own and manage the close calendar, ensuring all reporting deadlines are met and coordinating deliverables across the wider finance team.
- Audit preparation for quarterly (10‑Q) year‑end filings (10‑K) under US GAAP, and statutory reporting under UK IFRS.
- Prepare and review quarterly reporting schedules and supporting documentation for audit and internal stakeholders.
- Drive process improvements and automation opportunities across transactional finance, leveraging systems such as NetSuite, Concur, Workday Adaptive, and Workiva where relevant.
- Assist with annual UK tax filings and preparing supporting schedules, including R&D Tax calculations.
- Supporting the finance team in the development, implementation and maintenance of the financial controls and processes, including SOX.
- Contribute to broader finance initiatives including systems enhancement, process harmonisation, policy development, and ad hoc analysis as required.
Candidate Profile
- Qualified accountant (ACA, ACCA, CIMA or equivalent) with a strong academic track record.
- Prior experience in a similar biotech is advantageous but not essential.
- Self‑starter with a proactive mindset, able to take ownership and deliver results in a fast‑paced environment with minimal supervision.
- Attentive to detail, data integrity and accuracy are key attributes for this role.
- Experience operating in a SOX‑controlled environment or solid understanding of SOX requirements and internal controls frameworks.
- Able to interact with colleagues across the business.
- Exposure to NetSuite, Concur, or Workiva is advantageous.
- Experience in a fast‑paced, regulated, or high‑growth environment, with the ability to adapt quickly and prioritise competing demands.
- Committed to Compass’s ethos and values.
Benefits & Compensation
For an overview of our benefits package and compensation information, please visit "Working at Compass".
Equal opportunities
Reasonable accommodation: We are committed to building a workplace where everyone’s wellbeing matters. If you need reasonable accommodation during the interview process to be at your best, please let our recruiting team know.
UK applicants: We are proud of our commitment to diversity and equality (pursuant to the Equality Act 2010). We do not discriminate based upon race, religion or belief, colour, nationality, ethnic or national origin, gender, pregnancy or maternity, marital or civil partner status, sexual orientation, gender reassignment, age or disability.
US applicants: Compass Pathways is proud to be an equal opportunity employer. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, and related medical conditions), ethnicity, age, disability, sexual orientation, gender identity, gender expression, military service, genetic information, familial or marital status, or any other status, category, or characteristic protected by applicable law.
Sponsorship
Unfortunately, we cannot sponsor employment visas and can only accept applications if you have employment rights in the country to which you are applying.
Data Privacy
All data is confidential and protected by all legal and data privacy requirements, please see our recruitment Privacy Notice to learn more about how we process personal data.
Manager, Finance (Fixed-Term Contract) London, United Kingdom employer: Compass Pathways plc
Compass Pathways is an exceptional employer, offering a dynamic work environment in the heart of London that fosters innovation and collaboration in the biotechnology sector. With a strong commitment to employee growth, the company provides opportunities for professional development and encourages a culture of inclusivity and well-being, making it an ideal place for those passionate about advancing mental health treatments. The hybrid work model allows for flexibility while maintaining a vibrant office culture, ensuring that employees can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Finance (Fixed-Term Contract) London, United Kingdom
✨Tip Number 1
Network like a pro! Reach out to people in the finance and biotech sectors on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching Compass Pathways and their innovative work in mental health. Show us that you’re not just another candidate; demonstrate your passion for making a difference in this field!
✨Tip Number 3
Practice your answers to common finance interview questions. We want to see how you handle real-world scenarios, so think about examples from your past experiences that highlight your skills and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining our team at Compass Pathways.
We think you need these skills to ace Manager, Finance (Fixed-Term Contract) London, United Kingdom
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Manager, Finance. Highlight relevant experience in finance, especially in biotech if you have it, and showcase your qualifications like ACA, ACCA, or CIMA.
Craft a Compelling Cover Letter:Your cover letter should reflect your passion for mental health innovation and how your skills align with our mission at Compass Pathways. Be genuine and let your personality shine through!
Showcase Your Attention to Detail:Since accuracy is key in finance, make sure your application is free from typos and errors. This shows us that you pay attention to detail, which is crucial for the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team!
How to prepare for a job interview at Compass Pathways plc
✨Know Your Numbers
As a finance manager, you'll need to be comfortable with numbers and financial statements. Brush up on your knowledge of balance sheets, journal entries, and financial reporting standards like US GAAP and UK IFRS. Be ready to discuss how you've handled these in past roles.
✨Showcase Your Process Improvement Skills
Compass Pathways values innovation and efficiency. Prepare examples of how you've driven process improvements or automation in previous positions. Think about specific tools you've used, like NetSuite or Concur, and how they helped streamline operations.
✨Demonstrate Your Team Leadership
This role involves team leadership development, so be prepared to talk about your experience in leading teams. Share stories that highlight your ability to motivate others, manage conflicts, and foster a collaborative environment.
✨Align with Company Values
Compass is dedicated to improving mental health, so it's crucial to show that you resonate with their mission. Research the company’s ethos and be ready to discuss how your personal values align with theirs, especially regarding patient care and innovation in mental health treatments.