Financial Controller

Financial Controller

Full-Time 87000 - 87000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead financial operations and ensure accurate reporting as we scale.
  • Company: Join OLIX, a fast-growing tech company revolutionising the hardware industry.
  • Benefits: Competitive salary, equity options, retirement plans, and a proximity bonus.
  • Other info: Opportunity to shape a finance function from the ground up.
  • Why this job: Be at the forefront of financial innovation in a dynamic, high-growth environment.
  • Qualifications: Qualified accountant with a hands-on approach and a passion for growth.

The predicted salary is between 87000 - 87000 £ per year.

Location: London, UK

Employment Type: Full time

Location Type: On-site

Compensation: Starting from £87K

Overview:

AI is growing faster than any technology in history and the explosion in demand has created a massive infrastructure gap; we can no longer build chips or power stations fast enough to keep up. The industry is still leaning on a ten-year-old hardware blueprint that has reached its limit. A new paradigm that is faster and more efficient will be the biggest economic opportunity of the next century and create the most important company of the next decade.

The OLIX Decode Accelerator 1 (DX-1) is the first accelerator architected specifically for decode. Rack-scale co-design of logic, data movement, packaging, optics and interconnect enables a step change in system level performance.

The Role:

We're looking for a Financial Controller to help build and run the control, reporting, and accounting engine at OLIX during one of our most critical periods of growth. Reporting to the CFO and working alongside senior leadership, you'll be hands-on at the core of how we account for everything from production and capital to share options, payroll, and day-to-day operations. You'll be one of the people who makes sure the numbers are right, the controls are real, and the company always knows where it stands.

This is an early, formative hire into a finance team we're building from the ground up. You won't be running a mature machine; you'll be helping stand one up: owning a clean month-end close, producing reliable management and statutory numbers, supporting the selection and rollout of our ERP, and putting real financial controls in place as we scale toward public-company standard. You'll take on meaningful ownership from day one and grow your remit quickly as the company and the team grow.

The defining challenge is manufacturing. As we scale from prototype toward high-volume production, you'll help account for a physical supply chain, working closely with the engineering and manufacturing teams building much of the production system themselves, and make sure it's controlled, reconciled, and auditable. This isn't SaaS accounting; it's the harder, more interesting problem of putting rigorous financial control around a fast-moving hardware business. You'll work closely with colleagues across finance, including our supply-chain finance specialist, and take on handover of existing processes as the team scales.

Responsibilities:

  • Own the day-to-day running of financial operations (AP), month-end close, reconciliations, and the management and statutory reporting that keep the business in control as it scales.
  • Prepare accurate, reliable numbers across the business - covering all production activities, accounts payable, payroll, capital, share options, transfer pricing, taxes, and more.
  • Support the selection, implementation, and running of our core finance systems (ERP and supporting tooling), helping build lightweight, fit-for-purpose processes.
  • Help establish audit-ready controls and processes from the ground up, and lead our external audit.
  • Partner with our engineering and manufacturing teams to ensure production data flows through cleanly into accounting, controlled, and is both reportable.
  • Provide the clean, reliable data foundation that the FP&A and commercial side of finance depends on.
  • Take on broader ownership over time as the finance function, and your remit, grow.

Skills & Experience:

  • Qualified accountant (ACA / ACCA / CIMA or equivalent), ideally trained at a Big Four, now looking for a hands-on role in a fast-scaling business.
  • High horsepower and high energy: sharp, quick to learn, and able to reason to the right answer from first principles rather than lean on an established playbook.
  • Strong technical accounting foundations and a high bar for accuracy and control.
  • Comfortable being hands-on in a small, flat team, owning your work end to end with limited support and infrastructure around you.
  • Fluent in today’s relevant accounting standards (IFRS / UK GAAP), and keen to learn more.
  • Keen to build: you want to help stand up a finance function and grow with it, not run a mature one on autopilot.

Nice to have:

  • Exposure to a manufacturing operation or physical supply chain.
  • Scale-up experience: you've seen a business grow quickly and know what 'good' looks like without needing a big-company process.
  • Working awareness of US GAAP given our US production footprint (useful, not essential).
  • Experience supporting an ERP implementation, or standing up finance processes from scratch.
  • Semiconductor, hardware, automotive, or advanced-manufacturing background (Tesla, SpaceX, chip manufacturers, or similar are a plus).

Compensation & Equity:

  • Competitive Salary: Commensurate with your experience, skills, and location.
  • Equity & Ownership: Meaningful stock options. You’re not just joining the mission; you’re owning a piece of it.
  • Proximity Bonus: We value your time. To minimise your commute and maximise your life, we offer an annual Living-Local Bonus if your residence is within 20 minutes of the office.
  • Retirement Benefits: Employer-contributed retirement plans to help you build long-term financial security.

Due to U.S. export control regulations, candidates’ eligibility to work at OLIX depends on their most recent citizenship or permanent residency status. We are generally unable to consider applicants whose most recent citizenship or permanent residence is in certain restricted countries (currently including Iran, North Korea, Syria, Cuba, Russia, Belarus, China, Hong Kong, Macau, and Venezuela). Applicants who have subsequently obtained citizenship or permanent residency in another country not subject to these restrictions may still be eligible.

Financial Controller employer: Transition Ventures

At OLIX, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. As an Infrastructure Manager, you'll have the opportunity to lead a talented team while enjoying competitive compensation, meaningful equity options, and a unique Living-Local Bonus to enhance your work-life balance. With a strong focus on employee growth and a commitment to building cutting-edge infrastructure, OLIX is the perfect place for those looking to make a significant impact in a rapidly evolving industry.

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Contact Details:

Transition Ventures Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Controller

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

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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 Transition Ventures. 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 Financial Controller

Qualified Accountant (ACA / ACCA / CIMA or equivalent)
Technical Accounting Foundations
IFRS
UK GAAP
Financial Operations Management
Month-End Close
Reconciliations

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 Transition Ventures.

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 Transition Ventures'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 Transition Ventures

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 Transition Ventures.

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 Transition Ventures 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 Transition Ventures 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.