Financial Accountant

at Drover in London

Drover is a VC-backed, growth-stage marketplace company offering monthly, all-in car subscriptions to customers who want to experience car ownership as it should be: digital, flexible and at a fair, transparent price. For some more detail, check out our press coverage in TechCrunch, Forbes or CityAM.

THE ROLE

Drover operates a marketplace with a complex payments system. The demand side of the technology platform is integrated with multiple payment providers, including Stripe and GoCardless. The supply side consists of outgoing payments to our fleet partners and third-party ancillary product providers. Reconciling both sides leads to a number of cash flow and timing dynamics, which need to be carefully monitored and measured, which this role is primarily focused on.

RESPONSIBILITIES:

-MONTH END: Responsible for bank reconciliation and cash analysis focusing on working capital, requiring an understanding of liquidity and treasury requirements.
-PAYMENT RUN: Responsible for the payment run for all of our core trading activities, including paying all of our fleet partners.
-REPORTING: Providing our key fleet partners with visibility into their earnings and fleet utilisation, in combination with internal reporting such as analysing and monitoring the behaviour of customer payments.
-SUPPLIER COMMUNICATION: Dealing with any earnings-related queries raised by fleet partners and ensuring any discrepancy is addressed.
-TRANSACTIONAL: Responsible for the revenue reconciliation in Xero, liaising with the data team and other departments. The successful candidate will have strong accounting knowledge and be accurate in posting revenues and deferred income.
-MANAGEMENT ACCOUNTING AND VAT: Assist the finance team with the preparation of the management account pack including preparation of the Profit & Loss statement and Balance Sheet reconciliation, along with preparation of quarterly VAT returns and tax projects.
-SYSTEM PROCESS: Assisting with the development of internal system changes, to support the accuracy in measuring and timing of our trading activities.

REQUIREMENTS:

-At least 2 years experience in a relevant accounting role
-Some ACCA or ACA exams/qualifications
-Revenue reconciliation experience
-Assisting with P&L and Balance sheet reconciliation
-Strong excel skills (e.g ability to do VLOOKUPS, Pivot tables and basic IF statements)
-Accurate, organised and hardworking
-Desire to work in a fast paced, agile high growth start up

NICE TO HAVES:

-Xero experience
-SQL experience
-Stripe exposure
-Inter-company and balance sheet reconciliation
-Cash flow experience

OUR CULTURE

When you ask a Droverian what they love most about working here, their answer will likely be “the people” We are very proud of the amazing team we have assembled across London and Lisbon. The following should give you an idea about what kind of internal culture you’d be joining:

-We encourage proactivity and taking ownership of problems. We hate micromanagement. Instead, we let you set your own agenda and give you the space to learn and grow even if it means making a few mistakes along the way.
-We support each other through thick and thin. If you are struggling, you can always count on the team to help you get unstuck.
-We cherish feedback, whether praise or constructive criticism. There is no other way to learn!
Ideas are judged on merit rather than source. You can have tremendous impact no matter your role.
-Know nothing about cars? Don’t fret it. Being a petrolhead is by no means a must-have to succeed here

BENEFITS

-A competitive salary and discretionary stock options
-The chance to learn from a world-class team that includes serial entrepreneurs and alumni from some of the world’s best schools (Oxbridge, LSE, Chicago, Warwick, WHU) and most exciting companies (Google, Uber, Lyft, -Blablacar, Gett, WeWork, EY, Goldman Sachs)
-Fancy equipment (your choice of Mac or PC)
-25 days’ holiday plus all bank holidays
-Pension & cycle-to-work scheme
-Perkbox: free phone insurance, cheap cinema tickets and many other retail discounts
-VitalityHealth insurance
-Swanky startup office in Hoxton overlooking Regent's Canal
-Free snacks and breakfast every day
-Catered lunch and office happy hour on Fridays

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Published at 12 Jul 2019
Expires on 12 Sep 2019

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