At a Glance
- Tasks: Manage financial operations, including reconciliations, invoicing, and reporting.
- Company: Join Ryft, a fast-growing fintech revolutionising money movement in the UK.
- Benefits: Enjoy flexible working options and a dynamic startup culture.
- Why this job: Be part of a scaling fintech, driving operational excellence and making impactful changes.
- Qualifications: 2+ years in finance; experience with Xero and strong Excel skills preferred.
- Other info: Ideal for detail-oriented individuals eager to improve financial processes.
The predicted salary is between 36000 - 60000 £ per year.
Ryft, one of the UK’s fastest-growing fintechs, is rethinking how businesses move money: fast, compliant, and with full transparency. As a fully FCA-authorised payments platform, we’re building the infrastructure that powers modern marketplaces, platforms, and software businesses. In this role, you’ll play a critical part in supporting our financial engine ensuring accuracy across everything from daily reconciliations to management accounts, all while helping us scale smoothly and compliantly.
We’re looking for a detail-oriented and proactive Finance Manager to join our team. This person will play a critical role in supporting financial operations, maintaining accurate books, and producing high-quality financial reporting that supports strategic decisions. You’ll be hands-on with our bank reconciliations, payments, accounting processes, and operational finance workflows.
Key Responsibilities- Core Finance Operations
- Reconcile daily bank transactions in Xero across six active operational accounts, including detailed categorisation of ad-hoc card payments.
- Post, process, and match supplier and operational invoices.
- Run and manage BACS payment processes, currently performed manually.
- Handle manual payout processes and resolve payment-related queries.
- Process and review employee expenses.
- Ad Hoc Operational Tasks
- Calculate and distribute interest on fundraising share accounts, involving daily transactional analysis.
- Review NDAs and merchant financials to support onboarding and compliance processes.
- Respond to email and manual finance-related queries from internal and external stakeholders.
- Management Accounting
- Assist in the preparation and review of monthly management accounts including: Profit & Loss review and ledger cost analysis.
- Posting accruals, prepayments, and relevant journals.
- Balance sheet reconciliations and ledger housekeeping.
- Cash balance reconciliations (including CMA accounts).
- Gross Profit and GMV reconciliations.
- Preparation and contribution to Board Pack insights.
- Payroll & Tax
- Review, post, and reconcile monthly payroll.
- Assist with VAT reconciliations and filings.
- Other Responsibilities
- Oversee company insurances: renewals, reviews, and compliance.
- Continually identify and implement process improvements to streamline financial operations.
- Strong attention to detail and an analytical mindset.
- Confident working in a fast-paced environment with high volumes of transactional data.
- Comfortable with manual processes but eager to automate and improve systems.
- Able to manage multiple priorities and work with minimal supervision.
- 2+ years in a finance, accounting or operational finance role.
- Strong experience with Xero or equivalent cloud-based accounting software.
- Familiarity with BACS payments, bank reconciliations, and bookkeeping practices.
- Intermediate to advanced Excel/Google Sheets skills.
- Understanding of accruals, prepayments, and basic management accounting.
- Part-qualified or working towards an accounting qualification (AAT / ACCA / CIMA) is a plus, but not essential.
Finance Manager employer: Ryft
Contact Detail:
Ryft Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Familiarise yourself with Xero, as it's a key tool for this role. Consider taking an online course or tutorial to enhance your skills and demonstrate your proficiency during the interview.
✨Tip Number 2
Brush up on your knowledge of BACS payments and bank reconciliations. Being able to discuss these processes confidently will show that you're ready to hit the ground running in this fast-paced environment.
✨Tip Number 3
Prepare examples of how you've improved financial processes in previous roles. This will highlight your proactive approach and ability to streamline operations, which is crucial for the Finance Manager position.
✨Tip Number 4
Network with professionals in the fintech industry, especially those who have experience in operational finance. They can provide insights and tips that could give you an edge in your application and interview.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and accounting, particularly with Xero or similar software. Emphasise your attention to detail and any experience with bank reconciliations and management accounting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for fintech and operational excellence. Mention specific examples of how you've improved financial processes in previous roles and express your enthusiasm for joining a fast-growing company like Ryft.
Highlight Relevant Skills: In your application, clearly outline your skills related to the job description, such as your experience with BACS payments, payroll, and tax reconciliations. Use keywords from the job listing to ensure your application stands out.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Finance Manager role.
How to prepare for a job interview at Ryft
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your understanding of financial metrics. Be prepared to discuss key financial concepts such as cash flow, profit margins, and reconciliations. Brush up on your knowledge of Xero and be ready to explain how you've used it in previous roles.
✨Showcase Your Attention to Detail
This role requires a strong attention to detail. During the interview, provide examples of how you've ensured accuracy in financial reporting or reconciliations. Highlight any processes you've implemented to improve accuracy and efficiency in your previous positions.
✨Discuss Process Improvements
Ryft is looking for someone who can identify and implement process improvements. Prepare to share specific instances where you've streamlined financial operations or automated manual processes. This will show your proactive approach and ability to contribute to the company's growth.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. For example, you might be asked how you would handle discrepancies in bank reconciliations or manage multiple priorities under tight deadlines. Think through your responses and use the STAR method (Situation, Task, Action, Result) to structure your answers.