Finance Associate

The Firm XTX Markets is a leading algorithmic trading firm which uses state-of-the-art machine learning technology to produce price forecasts for over 50,000 financial instruments across equities, fixed income, currencies, commodities and crypto. We trade over $250bn a day across 35 countries and have over 250 staff based in London, Singapore, New York, Paris, Bristol, Mumbai, Yerevan and Kajaani.

We leverage the talent of the people who work here, modern computational techniques and state-of-the-art research infrastructure to analyse large data sets across markets quickly and efficiently, to maximize the effectiveness of our proprietary trading algorithms. We are actively seeking new methods and ideas. We have an unrivalled level of computational resources in the trading industry, with a growing research cluster currently containing over 25,000 GPUs with 650 petabytes of usable storage.

Teams across the firm include world-class researchers, developers and technologists with backgrounds in pure maths, programming, physics, computer science and machine learning. At XTX Markets, technology is our business, and we are a diverse organization which attracts outstanding talent from across all industry backgrounds. We are focused on teamwork, and our people collaborate on all aspects of the business, working openly and with respect for each other, our clients and the market. Our culture is non-hierarchical, and everyone is valued. We strive for excellence in everything we do.

XTX Ventures is the venture capital arm of XTX Markets. It invests in technical founders who combine deep AI and machine learning expertise with a clear vision. Our investment focus spans from infrastructure to healthcare and from enterprise software to financial markets; ultimately, we invest wherever AI can drive meaningful transformation.

This new role, based in our London office and reporting to the Head of Ventures, will lead FP&A for XTX's Ventures department across three core pillars:

• Portfolio valuation and reporting.
• KPI and fund FP&A systems and software management.
• Finance-side deal execution.

The successful candidate will manage the general ledger for the two investment legal entities in SAP S4/HANA, own month-end bookings and the preparation of annual financial statements and liaise with third-party valuation specialists and Big Four auditors, so strong IFRS accounting experience is essential. The role also includes performing recurring ventures finance management processes and preparing all portfolio regulatory filings.

The role requires hands-on management of systems such as iLevel, Asana and Affinity and posting core financial data into the XTX Group SAP/S4HANA ledger, alongside maintaining an end-to-end understanding of the investment process. A key focus will be designing and implementing scalable, accurate workflows and enhancing existing processes (leveraging technology wherever possible) to ensure robust, reliable outputs as the investment volume scales.

Responsibilities

• Financial reporting: prepare monthly board presentation and track weekly cashflows, own and improve existing fund management system (ex. iLevel).
• Valuations & modelling: lead company valuation processes (DCF, comps, scorecards, cap table modelling), build and maintain robust financial models and scenario analyses for investments, follow-on rounds and exits.
• Accounting & compliance: oversee ventures accounting, ensure timely bookkeeping, reconciliations, audits, tax filings and compliance with GAAP/IFRS as applicable; coordinate with external accountants and advisors.
• Portfolio finance support: act as part-time CFO to portfolio companies where needed budgeting, KPI design, fundraising materials, cap table management and investor relations support.
• Fund admin & treasury: manage fund cash flows, capital calls, distributions.