At a Glance
- Tasks: Manage global procure to pay processes and collaborate with finance teams.
- Company: Join a rapidly growing fintech valued at $2.7bn with a fantastic workplace culture.
- Benefits: Competitive salary, pension plan, flexible hours, and access to learning resources.
- Why this job: Make a real impact in finance while working with cutting-edge technology.
- Qualifications: Experience in multi-country procure to pay processes and strong communication skills.
- Other info: Inclusive environment welcoming diverse backgrounds and abilities.
The predicted salary is between 30000 - 42000 £ per year.
Thought Machine’s mission is bold – to properly and permanently rid the world’s banks of legacy technology. To achieve this, we have developed the foundations of modern banking through core and payments technology which run natively in the cloud. We have grown rapidly in the past few years – growing our team to more than 550 individuals across offices in London, New York, Singapore and Sydney. We have raised more than $500m in funding and are now valued at $2.7bn.
The Group Finance Assistant will drive the management of the company’s procure to pay process globally covering the entities in UK, APAC, EMEA and Americas. This role will work with finance and non-finance teams to drive the highest standards of finance operations related to procure to pay. This is an opportunity to make an impact as a finance professional who thrives on finance change and projects and be responsible for providing best in class procure to pay process, reporting and compliance through the group companies.
Duties
- Manage accounts payable inbox, processing invoices and payment runs for all entities across the group.
- Review and approve employee expense claims across the group and ensure compliance with the group’s travel and expense policy.
- Work with department heads to ensure smooth processing of invoices, ensure they are aligned with budgets, and in line with payment run deadlines.
- Work closely with Compliance team so that new suppliers are onboarded and ensure compliance with the group procurement and purchasing policy.
- Manage bank postings (receipts and payments), reconcile bank transactions in the accounting system on a weekly basis.
- Work closely with the Accounting team on month-end related tasks such as accounts payable, accruals, bank reconciliations and other month-end tasks and analyses.
- Purchase order training for existing and new employees.
- Update daily cash sheet, to assess movements of receipts and payments monthly.
- Maintain AP process notes and include how other ad-hoc tasks/reports are accessed in Workday.
- Support ad hoc projects as the team and business expands internationally.
Requirements
Essential
- Solid experience in multi-country procure to pay process.
- Solid understanding of controls and procure to pay best practices.
- Driven and able to balance multiple priorities.
- Thrives on and excited about finance and business changes.
- Very good communication skills.
- Ability to articulate procure to pay matters to finance and non-finance teams.
Desirable
- Proven experience working within a group environment.
- Industry experience (fast growth technology company) is a plus.
- Working knowledge of Workday accounting system is a plus.
Benefits
- Highly competitive salary
- Pension plan (match up to 5%)
- 25 days holiday and bank holidays
- Flexible working hours
- Access to outstanding learning materials and courses
- Sports and hobby clubs, subsidised by Thought Machine
- All the latest tech you need
- Start the day properly with fresh fruit and cereals
- Huge range of healthy (and not-so-healthy) snacks, smoothies and drinks
- A talented and experienced team as your colleagues
- An environment where we encourage learning and progress
- Weekly food pop-up
We actively hire candidates who demonstrate technical excellence in their field and welcome people of all ages and backgrounds, providing everyone with equal access to professional development. You are encouraged to apply even if your experience doesn’t accurately match the job description. We also encourage applications from those with different abilities, including candidates with ADHD, autism, dyslexia or dyspraxia.
Group Finance Assistant (14 month FTC) employer: Thought Machine
Contact Detail:
Thought Machine Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Finance Assistant (14 month FTC)
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Thought Machine on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding their mission and values. Show how your experience aligns with their goal of ridding banks of legacy tech. We want to see your passion for finance and innovation!
✨Tip Number 3
Practice your communication skills! Since the role involves liaising with both finance and non-finance teams, being able to explain complex ideas simply is key. We suggest doing mock interviews with friends or using online platforms.
✨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 joining the Thought Machine team.
We think you need these skills to ace Group Finance Assistant (14 month FTC)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Group Finance Assistant role. Highlight your experience with procure to pay processes and any relevant skills that match the job description. We want to see how you can contribute to our mission!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining Thought Machine and how your background aligns with our goals. Let us know what makes you tick in the finance world!
Showcase Your Communication Skills: Since this role involves working with both finance and non-finance teams, make sure to demonstrate your communication skills in your application. We love candidates who can articulate complex ideas clearly and effectively!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Thought Machine
✨Know Your Procure to Pay Process
Make sure you have a solid understanding of the procure to pay process, especially in a multi-country context. Be ready to discuss your experience and how you've implemented best practices in previous roles.
✨Showcase Your Communication Skills
Since this role involves working with both finance and non-finance teams, practice articulating complex financial concepts in simple terms. Prepare examples of how you've successfully communicated with diverse teams in the past.
✨Demonstrate Your Adaptability
Thought Machine values individuals who thrive on change. Think of specific instances where you've adapted to new processes or technologies, and be prepared to share these during your interview.
✨Research the Company Culture
Familiarise yourself with Thought Machine's workplace culture and values. Be ready to discuss how you can contribute to their fun and innovative environment, and why you’re excited about being part of a fast-growing fintech company.