At a Glance
- Tasks: Lead financial management and reporting while driving compliance and strategic growth.
- Company: Join Nomia, a fast-growing tech company revolutionising procurement with AI.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional development.
- Why this job: Be part of a dynamic team shaping the future of finance in a global context.
- Qualifications: Qualified accountant with 5+ years experience in a fast-paced environment.
- Other info: Collaborative culture with a focus on diversity and continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
Nomia is transforming the way organizations manage tail spend procurement. Our AI-powered SaaS platform combines cutting-edge technology with deep human procurement expertise to simplify sourcing, drive compliance, and unlock measurable value. With a fast-growing global customer base and teams across London, Dubai, Singapore, Krakow, Chicago, and India, we’re building a rocket ship for growth, and we’re looking for passionate, high-impact people to join us.
You will play a key role in supporting Nomia on its growth journey, helping to build and strengthen our finance capabilities as we scale. You will combine hands-on financial management with strategic thinking, ensuring we capitalise on opportunities while proactively identifying and managing risk. You will bring strong consolidation experience and confidence in leading financial change, helping to shape a robust, scalable finance function for the next phase of growth.
Responsibilities- Ensure timely and accurate reporting is produced, both regional and consolidated reporting, in accordance with UK GAAP and FRS 101.
- Ensure appropriate financial controls are in place, including implementing new controls and controls documentation.
- Improve the current monthly consolidation process, ensuring monthly revaluations of all foreign currency balances and appropriate tax postings.
- Ensure appropriate revenue recognition is taking place including appropriate deferrals and accruals for both transaction revenue and new SaaS revenue, in addition to a monthly revenue reconciliation process.
- Define and implement the accounting for new business activities including early payment discounts, invoice factoring, rebates and quarterly bonuses.
- Ensure all appropriate costs are capitalised, and create a process for capitalising internal development costs.
- Review the chart of accounts set up to ensure this supports the needs of the business and the level of insight required.
- Support the further development of departmental reporting and management information, and ensure full alignment on the categorisation of costs between actuals and budget.
- Design a new process for quarterly sales commissions, including creating new reporting on performance against targets to calculate commissions, and ensuring the proper accounting treatment in line with accounting standards.
- Seek further opportunities to automate reporting and reduce month end.
- Work with our Data Engineer on data visualisation of reporting and KPIs.
- Additional reporting developments as required to support insight and growth.
- Responsible for overseeing the Group and local entity accounts preparation and audits, ensuring their timely completion, and evaluating new providers.
- Ensure compliance with reporting, audit and tax requirements globally (15+ subsidiaries), including proactively planning for new compliance requirements as we grow internationally, seeking out additional third-party support as needed.
- Review our current outsourced providers and make recommendations on suggested changes with a focus on service level, cost and time managing.
- Lead on the design of transfer pricing and ensure appropriate documentation of transfer pricing & intercompany loans.
- Explore R&D tax credits.
- Oversee AP and AR to ensure timely processing and issuance of invoices, timely payments and collections, and accurate postings.
- Oversee the preparation of accurate weekly and 13-week cashflow forecasts.
- Seek further opportunities to automate AP and AR.
- Lead and develop a small team (2 direct reports and a total team of 7), providing direction, mentorship, and support for professional growth.
- Fully qualified accountant (ideally ACA) with 5+ years PQE.
- Proven experience in a Financial Controller role within a fast growing and global business.
- Strong technical accounting and tax knowledge.
- Hands on experience in management accounting, financial reporting, audit and tax compliance.
- Proven experience and strong knowledge of leading the monthly group consolidation process, including monthly revaluations.
- Proven ability to support and deliver change, implement new processes, and support business growth.
- Experience with Microsoft Dynamics 365 is not required but a bonus.
- A high level of accuracy and attention to detail.
- Strong analytical and problem-solving skills with the ability to work in complex, fast-moving environments.
- A proactive, self-starter attitude, comfortable with ambiguity and building processes in a scale-up environment.
- Organised, adaptable, and comfortable working with evolving priorities.
- Excellent communicator, able to work effectively with both finance and non-finance stakeholders.
- Adhere to Nomia’s data protection and information security policies at all times.
- Promote diversity and inclusion in line with Nomia’s core values.
- This is a hybrid role, with three office days per week required, potentially more during training or as requested by your supervisor.
- Contribute to continuous improvement in systems and processes.
- Please note that this role description is a guideline, and duties may evolve over time.
Financial Controller employer: Nomia Ltd
Contact Detail:
Nomia Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who might know someone at Nomia. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by diving deep into Nomia’s mission and values. Show us how your experience aligns with our goals in transforming procurement. Tailor your answers to reflect our focus on innovation and growth!
✨Tip Number 3
Don’t just wait for job openings—create your own opportunity! If you see a gap where your skills could shine, reach out directly to us at Nomia. A proactive approach can really set you apart from the crowd.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in our minds as we make decisions.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Financial Controller role. Highlight your hands-on financial management experience and any strategic thinking you've done in previous roles.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about joining Nomia. Share specific examples of how you've contributed to financial growth or implemented new processes in past positions.
Showcase Your Technical Skills: Don’t forget to mention your technical accounting knowledge and any experience with financial reporting and compliance. If you’ve worked with systems like Microsoft Dynamics 365, give us the details!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Nomia!
How to prepare for a job interview at Nomia Ltd
✨Know Your Numbers
As a Financial Controller, you'll need to demonstrate your strong technical accounting skills. Brush up on UK GAAP and FRS 101, and be ready to discuss how you've applied these in previous roles. Prepare examples of your experience with consolidation processes and revenue recognition to showcase your expertise.
✨Showcase Your Strategic Thinking
Nomia is looking for someone who can combine hands-on financial management with strategic insight. Think about times when you've identified risks or capitalised on opportunities in your past roles. Be prepared to share specific examples that highlight your ability to lead financial change and support business growth.
✨Be Ready to Discuss Automation
With a focus on improving processes, think about how you've automated reporting or streamlined financial operations in the past. Bring ideas on how you could further automate AP and AR at Nomia. This shows you're proactive and forward-thinking, which is exactly what they want!
✨Prepare for Team Leadership Questions
You'll be leading a small team, so expect questions about your leadership style and how you support professional growth. Reflect on your experiences mentoring others and how you've fostered a collaborative environment. Share your approach to managing evolving priorities and ensuring your team stays motivated.