At a Glance
- Tasks: Lead financial control and reporting for a fast-growing tech group.
- Company: Join Mountain IoT Group, a dynamic UK technology company.
- Benefits: Enjoy a competitive salary, bonus, unlimited holidays, and free gym membership.
- Other info: Clear growth trajectory to Head of Finance or Finance Director role.
- Why this job: Shape the finance function and influence commercial strategy in a rapidly scaling business.
- Qualifications: Qualified accountant with strong multi-entity experience and advanced Excel skills.
The predicted salary is between 65000 - 75000 £ per year.
Salary - £65,000–£75,000 + bonus + pension
Key Responsibilities:
- Financial Control & Reporting
- Own and deliver accurate monthly group reporting across all entities (target: Day 5 close, currently Day 10+)
- Build proper multi-entity consolidation including intercompany eliminations
- Manage deferred revenue recognition (SaaS contracts), cost capitalisation and amortisation
- Produce board packs with variance analysis, KPIs and commercial commentary
- Produce sales and other reports to facilitate proper decision making
- Liaise with external accountants (Hillier Hopkins) to produce statutory accounts and tax returns
- Cash & Working Capital
- Own the 13-week rolling cash flow forecast (currently limited to one subsidiary)
- Manage the £1m invoice discounting facility (Bibby) and lender relationships
- Oversee payment prioritisation and authorise payments
- Drive working capital improvements across the group
- Systems & Process Improvement
- Rationalise and standardise five Xero instances (chart of accounts, intercompany structure)
- Implement a consolidation and reporting layer to replace manual Excel processes
- Help shape the group’s future ERP strategy as the business outgrows Xero
- Improve payroll allocation processes across entities
- Enhance use of Unleashed (stock management) for COGS accuracy
- Tax & Technical
- Oversee R&D tax relief claims (historically c.£150k p.a. cash benefit)
- Support Patent Box strategy development for proprietary technology
- Manage VAT compliance across the group including the Irish entity (70% owned)
- Commercial & Stakeholder
- Work directly with the CEO and founders on commercial decision-making
- Support investor reporting and due diligence requirements
- Provide financial insight on project profitability, pricing and margin analysis
- Represent finance confidently to the board, investors and banking partners
Essential Qualifications
- Qualified accountant (ACCA, ACA or CIMA)
- Proven FC or strong Finance Manager ready to step up
- Multi-entity group experience with consolidation responsibilities
- Strong Xero experience (multi-entity environment strongly preferred)
- Advanced Excel skills and confident use of modern finance apps and AI tools to drive efficiency
- Technically strong on revenue recognition, deferred income and capitalisation
- Hands-on, proactive and comfortable in a founder-led, fast-moving environment
- A genuine interest in technology systems and how they can transform finance operations
- Confident communicator — able to present to board, investors and external stakeholders
Desirable Qualifications
- Background in technology, SaaS, IoT or hardware-enabled businesses
- Experience with ERP systems beyond Xero — the group is approaching the point where it will need to transition
- Experience with acquisitive / bolt-on group structures
- Familiarity with R&D tax relief, Patent Box or grant-funded environments
- Experience with inventory management systems (e.g. Unleashed)
- Exposure to investor reporting, due diligence or fundraising processes
Package
- Salary: £65,000–£75,000 (depending on experience)
- Bonus: up to 10%, linked to reporting quality and delivery milestones
- Pension: 4% employer contribution
- Unlimited Holidays
- Free Gym Membership
- Based: Loughborough (Charnwood Building, Holywell Park, Loughborough University campus)
The Business
Mountain IoT Group is a fast-growing UK technology group delivering IoT solutions for smart buildings, energy management and connected infrastructure. The group has grown revenue at a 36% compound rate over three years to c.£15.7m, with a headcount of c.95 across four trading entities. Key revenue streams include hardware sales, and energy management software solutions. The business is targeting growth to £25m+ and is in active dialogue with institutional investors.
Growth Opportunity
This is a role with a clear trajectory. The fractional CFO is in place to support the transition through 2026, after which the Financial Controller will be the senior finance leader in the group. For the right person, this is a realistic pathway to Head of Finance or Finance Director as the business scales toward £25m+ and beyond. The successful candidate will have the opportunity to shape the finance function from the ground up, build their own team, influence commercial strategy, and play a central role in a business that is scaling rapidly through organic growth and acquisition.
Group Financial Controller in Loughborough employer: Mountain IoT Group
Mountain IoT Group is an exceptional employer, offering a dynamic work environment in Loughborough where innovation meets opportunity. With a strong focus on employee growth, the role of Group Financial Controller provides a clear pathway to senior leadership, alongside benefits such as unlimited holidays and a supportive culture that encourages professional development. Join a fast-growing technology group that values your contributions and empowers you to shape the future of finance within the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Controller in Loughborough
✨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 Mountain IoT Group. 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 Group Financial Controller in Loughborough
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 Mountain IoT Group.
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 Mountain IoT Group'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 Mountain IoT Group
✨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 Mountain IoT Group.
✨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 Mountain IoT Group 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 Mountain IoT Group 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.
