At a Glance
- Tasks: Lead and optimise Accounts Payable and Receivable processes in a dynamic biotech environment.
- Company: Join Compass Pathways, a pioneering biotech company transforming mental health treatment.
- Benefits: Competitive salary, bonuses, equity options, and a comprehensive benefits package.
- Other info: Hybrid work model available; excellent growth opportunities in a fast-paced setting.
- Why this job: Make a real impact on mental health while developing your finance skills.
- Qualifications: Experience in transactional finance and strong stakeholder management skills required.
The predicted salary is between 90000 - 115000 € 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.
The Manager, Transactional Finance will lead the day-to-day management, optimization, and control of Accounts Payable (AP) and Accounts Receivable (AR) activities across Compass Pathways' UK and US operations. This role plays a key part in ensuring accurate, timely, and compliant transaction processing, while supporting strong working capital discipline and scalable finance operations in a growing international biotech company.
Responsibilities (including but not limited to):
- Lead the end-to-end Accounts Payable and Accounts Receivable processes across the business, ensuring transactions are processed accurately, efficiently, and in line with agreed timelines.
- Oversee supplier onboarding, CLM to ERP reconciliations, 3PL management, invoice processing, payment runs, and employee expense reimbursement workflows.
- Ensure compliance with U.S. and U.K. laws and regulations surrounding vendors and customers, with specific reference to DCSCA and Sunshine Act Reporting.
- Manage customer invoicing, cash application, collections, and the resolution of overdue balances across U.K. and U.S. operations.
- Own AP and AR close activities, including aging reviews, balance sheet reconciliations, and investigation of outstanding items.
- Partner with budget owners and stakeholders to resolve supplier queries, payment issues, customer account matters, and process gaps in a timely manner.
- Maintain and continuously improve Purchase to Pay and Order to Cash controls, including Delegation of Authority governance.
- Drive process improvements and automation opportunities across transactional finance, leveraging systems such as NetSuite, Concur, Workday Adaptive, and Workiva where relevant.
- Build, coach, and develop AP and AR capability as the organization grows, supporting scalable processes in a fast-moving, regulated environment.
- Contribute to broader finance initiatives including systems enhancement, process harmonization, policy development, and ad-hoc analysis as required.
Candidate Profile:
- Proven experience in Accounts Payable and Accounts Receivable within a multi-entity or international Biotech.
- Strong understanding of transactional finance processes, controls and reconciliations.
- Experience supporting month-end close and balance sheet accounts.
- Confident managing invoice queries, payment issues and customer account matters.
- Experience with supplier onboarding, collections and cash application.
- Demonstrated ability to improve processes and support automation initiatives.
- Strong stakeholder management and communication skills.
- Experience managing or mentoring team members is a plus.
- Exposure to NetSuite, Concur, or Workiva is advantageous.
- Experience in a fast-paced, regulated, or high-growth environment is preferred.
- Committed to Compass’s ethos and values.
Please note that the base salary range is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location. Base pay is one part of the Total Package that is provided to compensate and recognise employees for their work and any role at Compass, regardless of the location, is eligible for additional discretionary bonuses and equity.
Benefits & Compensation: For an overview of our benefits package and compensation information, please visit "Working at Compass".
Equal opportunities: 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, Transactional Finance employer: Compass Pathways
Compass Pathways plc is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation in mental health treatment is at the forefront. With a strong commitment to employee growth and development, the company fosters a culture of collaboration and inclusivity, providing opportunities for meaningful contributions to groundbreaking projects. Employees benefit from competitive compensation packages, including discretionary bonuses and equity, alongside a focus on wellbeing and diversity, making it a truly rewarding place to work.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Transactional Finance
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your achievements effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in keeping you top of mind. And remember, apply through our website for the best chance at landing that dream job!
We think you need these skills to ace Manager, Transactional Finance
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Manager, Transactional Finance role. Highlight your experience in Accounts Payable and Receivable, and don’t forget to mention any relevant systems like NetSuite or Concur. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about mental health and how your background makes you a great fit for our team. Keep it concise but impactful – we love a good story!
Showcase Your Process Improvement Skills:We’re all about optimising processes at Compass Pathways. In your application, be sure to include examples of how you’ve improved transactional finance processes in the past. We want to know how you can help us grow!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our mission to transform mental health care.
How to prepare for a job interview at Compass Pathways
✨Know Your Numbers
Make sure you brush up on your knowledge of key financial metrics and processes related to Accounts Payable and Accounts Receivable. Be ready to discuss how you've optimised these processes in previous roles, as this will show your hands-on experience and understanding of transactional finance.
✨Understand Compliance Requirements
Familiarise yourself with the U.S. and U.K. laws relevant to finance operations, especially those mentioned in the job description like DCSCA and Sunshine Act Reporting. Being able to articulate how you ensure compliance in your work will demonstrate your attention to detail and commitment to regulatory standards.
✨Showcase Process Improvement Skills
Prepare examples of how you've driven process improvements or automation in your past roles. Discuss specific tools like NetSuite or Concur that you've used, and be ready to explain how these changes positively impacted efficiency and accuracy in finance operations.
✨Engage with Stakeholders
Highlight your experience in managing relationships with various stakeholders. Be prepared to share examples of how you've resolved payment issues or supplier queries, as strong communication skills are crucial for this role. Show that you can collaborate effectively across teams to achieve common goals.