At a Glance
- Tasks: Manage financial operations, prepare budgets, and ensure compliance with accounting standards.
- Company: Join bit.bio, a pioneering biotech firm transforming the future of medicine.
- Benefits: Competitive salary, vibrant work environment, and opportunities for personal development.
- Why this job: Make a real impact in science while working with cutting-edge technologies.
- Qualifications: ACCA/ACA qualified with experience in financial accounting and strong attention to detail.
- Other info: Dynamic team culture that values creativity and collaboration.
The predicted salary is between 45000 - 55000 £ per year.
bit.bio is an award-winning spinout from the University of Cambridge. Our breakthrough technology combines synthetic and stem cell biology for the precise, efficient and consistent reprogramming of human cells used in research, drug discovery, and cell therapy. At bit.bio, we are passionate about engineering human cells that will enable the medicine of the future. To do this we need talented and curious people who want to make an impact on the future of science and therapeutics. As a team of individuals, we value science, collaboration, openness, curiosity and creativity. We are united by trust and respect for each other.
Location: Babraham Research Campus, Cambridge
Type: Full time, permanent
Start: Immediate
Salary: Competitive / Hours: 40 p/w
Office based position (Cambridge)
Your role in our team:
We are seeking an experienced Financial Accountant to manage all aspects of financial management. This role includes corporate accounting, regulatory and financial reporting, budget and forecasts preparation, and the development of internal control policies and procedures.
Your key responsibilities will include:
- Manage all accounting operations including Employment Cost Accounting, Inventory Cost accounting, Revenue recognition, and Consolidation.
- Coordinate and direct the preparation of the budget and financial forecasts and report variances.
- Prepare and publish timely monthly management accounts.
- Assisting in the preparation of annual statutory accounts.
- Research technical accounting issues for compliance with international accounting standards (IFRS).
- Preparing and reviewing monthly balance sheet reconciliations for complex balances such as share based payment reserve.
- Prepare for, manage, and oversee annual audits.
- Manage and comply with Company tax filings including the preparation of the R&D tax credit computation.
- Liaising with the People & Culture team (& third-party providers where necessary) to ensure that all relevant payroll taxes are paid on time, the payroll posting and associated monthly reports are accurate.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- On a regular basis, review and manage the performance of the company’s accounting services providers.
- Provide cover and assistance to the wider finance team and assist in any other ad hoc projects as required, including exploring better ways of working with departments across the company.
You…
- Are ACCA/ACA qualified with demonstrable experience in a Financial Accountant role.
- Must demonstrate exceptional attention to detail.
- Have excellent organisational and communication skills.
- Have effective time management and prioritisation skills to manage conflicting priorities in order to manage workflow, to ensure the completion of essential projects, and meet critical deadlines.
With essential experience in…
- Thorough knowledge of IFRS accounting principles and procedures.
- Experience with creating financial statements.
- Experience with general ledger functions and the month-end/year end close process.
- Advanced accounting software user and administration skills.
- Proficiency in Excel and PowerPoint.
…and possibly…
- Experience in Life Science, Biotech or related industry.
More reasons to join us:
bit.bio provides a vibrant and dynamic work environment in an exciting, fast-moving time for biology. We work with cutting edge technologies and with our world-leading scientific advisory board. We conduct pioneering work with real-world impact. We trust our people to make significant contributions early on with opportunities to be involved in projects that are key to the success and growth of our young company. We invest in people, creating opportunities for personal development in an inclusive multi-skilled team with ambitious goals that provide opportunities to learn on the job from each other. Creativity and open minds are encouraged for everyone to contribute to the success of the company.
Financial Accountant in Cambridge employer: Next Matter
Contact Detail:
Next Matter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant in Cambridge
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals 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 bit.bio and understanding their mission. Tailor your answers to show how your skills align with their goals in synthetic and stem cell biology. This will make you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Practice common interview questions and scenarios related to financial accounting. Use the STAR method (Situation, Task, Action, Result) to structure your responses. This will help you articulate your experience clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the bit.bio team and contributing to the future of science.
We think you need these skills to ace Financial Accountant in Cambridge
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role at bit.bio. Highlight your ACCA/ACA qualifications and relevant experience in financial management, as well as any specific skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for the role and how your background aligns with bit.bio's mission. Don’t forget to mention your attention to detail and organisational skills!
Showcase Relevant Experience: When detailing your experience, focus on your knowledge of IFRS accounting principles and any previous roles where you managed budgets or prepared financial statements. This will show us you’re ready to hit the ground running.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Next Matter
✨Know Your Numbers
Before the interview, brush up on your knowledge of IFRS accounting principles and procedures. Be ready to discuss how you've applied these in previous roles, especially in creating financial statements and managing month-end processes.
✨Showcase Your Attention to Detail
As a Financial Accountant, attention to detail is crucial. Prepare examples that highlight your meticulousness, such as how you handled complex balance sheet reconciliations or ensured compliance with tax filings. This will demonstrate your fit for the role.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining complex financial concepts in simple terms. You might be asked to liaise with non-financial teams, so showing that you can bridge that gap will set you apart.
✨Be Ready for Technical Questions
Expect questions about technical accounting issues and how you would approach them. Think about recent challenges you've faced and how you resolved them, particularly in relation to audits or internal controls. This shows your problem-solving skills and readiness for the role.