At a Glance
- Tasks: Own monthly management accounts and finance systems in a high-growth tech environment.
- Company: Fractile, a cutting-edge tech company building AI infrastructure.
- Benefits: Competitive salary, growth opportunities, and a supportive team culture.
- Other info: Join a dynamic team and grow your career in an innovative industry.
- Why this job: Shape the finance function and make a real impact in a fast-paced tech business.
- Qualifications: Newly qualified ACA with strong technical accounting skills and Excel proficiency.
The predicted salary is between 40000 - 50000 £ per year.
Fractile is building the compute infrastructure that the next generation of AI needs. Our hardware and chip engineering teams are solving some of the hardest problems in the industry, and our Finance function is the backbone that keeps everything moving. We're a team of around 90 people across London, Bristol, and San Francisco, and we're growing fast. This is a great opportunity for a newly or recently qualified accountant (ACA) who wants to get under the bonnet of a high-growth tech business, own meaningful work from day one, and build out their technical finance skills in a genuinely interesting environment.
The Role
Reporting directly to the Financial Controller, you will own the production of monthly management accounts for the group and take ownership of the finance systems that feed into them. Alongside that core remit, you will be actively involved in the day-to-day running of the finance function and have meaningful scope to grow into FP&A: budget vs. actuals, cashflow forecasting, and management reporting for the leadership team and board. This is a role for someone early in their post-qualification career who wants exposure to the full breadth of a group finance function in a high-growth deep-tech business not a narrow specialist seat. You will work closely with the FC, the wider finance team, and cross-functional stakeholders across engineering, operations, procurement, and people.
What You’ll Do
- Group Management Accounts (Core Remit)
- Own the production of monthly management accounts for the group, including consolidation across UK, Taiwan, and US entities
- Manage intercompany reconciliations, multi-currency translation, and elimination entries
- Own the month-end close timetable, including accruals, prepayments, fixed asset accounting, and balance sheet reconciliations
- Apply FRS 102 technical treatments across fixed assets, leases (ROU), capitalisation policy, and revenue as the business evolves
- Finance Systems Ownership
- Take ownership of the finance systems landscape, Xero across entities today, with a NetSuite migration planned within the next few months
- Maintain the integrity of the chart of accounts, tracking categories, and reporting hierarchies across all entities
- Play an active role in the NetSuite implementation, including data migration, configuration decisions, and reporting design
- Identify and deliver automation opportunities across the finance stack to reduce manual effort and improve close speed
- Management Reporting & FP&A (Growth Scope)
- Build and maintain the budget vs. actuals process, including variance analysis and narrative commentary for budget holders
- Support rolling cashflow forecasting and rephasing, particularly important in a pre-revenue scaling context
- Produce spend reports and dashboards for budget holders across engineering, operations, and the executive team
- Day-to-Day Finance Operations
- Be actively involved in the running of the finance function, including oversight of the AP cycle, payment runs, and supplier queries
- Assist with R&D tax credit claims and other UK statutory compliance
- Document and continuously improve finance processes. We are building the function as we grow, and your fingerprints will be on it
Who we are looking for
Essential
- ACA qualified (newly or recently qualified), ideally trained at a Big 4 or top-10 practice firm. ACCA or CIMA is considered, where the technical and audit grounding is equivalent.
- Strong technical accounting foundation, confident applying FRS 102 (or IFRS) in practice
- Experience producing or auditing monthly management accounts in a group structure
- Solid Excel skills, comfortable building models, reconciliations, and analysis from scratch
- Hands-on experience with at least one ERP or accounting system (Xero, NetSuite, SAP, or similar)
- High ownership mentality, happy to roll up sleeves and get involved in anything the function needs
- Genuine ambition and a clear desire to grow with the role and the business
- Clear communicator who can translate finance for non-finance stakeholders
Nice to Have
- Audit or industry exposure to product, hardware, semiconductor, deep-tech, or manufacturing businesses
- Experience with group consolidations across multiple entities and currencies
- Involvement in an ERP implementation or migration (NetSuite particularly relevant)
- Familiarity with R&D tax credit claims or other UK innovation incentives
- Exposure to a venture-backed or pre-revenue scaling environment
- Experience supporting an FP&A or commercial finance workstream
Why Join Us?
A genuine opportunity to shape the people foundations of a growing tech business. A supportive, ambitious and thoughtful team. Room to grow as the company scales.
Group Management Accountant in London employer: Fractile
Fractile is an exceptional employer for those looking to advance their careers in finance within a high-growth tech environment. With a supportive and ambitious team culture, employees are encouraged to take ownership of meaningful projects from day one, while also benefiting from ample opportunities for professional growth and development. Located in vibrant cities like London, Bristol, and San Francisco, Fractile offers a unique chance to be part of a pioneering company at the forefront of AI technology.
StudySmarter Expert Advice🤫
We think this is how you could land Group Management Accountant in London
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like Fractile.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
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We think you need these skills to ace Group Management Accountant in London
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at Fractile
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.