Zilch, the world’s first Commerce Card, is a UK-headquartered payments technology company, known for creating the Googlisation of Payments. Our mission is to create the best and most empowering way to pay, for anything, anywhere our customers want to spend. Using Zilch’s virtual Mastercard that sits in a customer’s digital wallet, Zilch combines the best of debit, credit and savings. Meaning our customers can either earn rewards on debit payments in the form of instant cashback (‘Pay in 1’) or spread interest-free repayments over six weeks (‘Pay in 4’), bringing them financial choice and maturing their credit profiles.
Since launching as an FCA regulated business in the UK in September 2020 and in the US in May 2022, Zilch has amassed over 3 million customers in 24 months and turned gross profitable – years faster than other well-known fintechs. In that time, we have provided our customers with over £80 million in aggregate rewards and savings on fees and interest. Zilch is Europe’s fastest-ever company to go from Series A to double-unicorn status, in just 14 months, after raising capital at a $2bn valuation in November 2021 and maintaining that valuation in a subsequent equity funding round in Summer 2022.
About the role:
You will be responsible for overseeing the financial reporting function, including statutory financial statements and monthly consolidation. You will work closely with other departments such as Strategic Finance, Treasury, and Legal to develop strong working relationships across the business and consider reporting requirements and technical accounting implications of business change.
Day-to-day responsibilities will include:
- Ownership for delivery of the annual consolidated statutory financial statements and subsidiary accounts
- Preparation and coordination of Quarterly Shareholder Reporting and Board/Audit Committee Reports
- Manage covenant reporting, working alongside the Treasury function
- Ensure deadlines are met for all external reporting requirements
- Maintain the investor data room on an ongoing basis to ensure information is timely and accurate
- Key contact for the audit team, manage relationship and the end to end Audit Process
- Take the lead on technical financial accounting, whether one-off projects or as part of the regular reporting process, making sure accounting policies are IFRS compliant
- Analyse and address changes in financial reporting requirements whether through standard amendments or changes within the business,
- Preparation of the monthly group consolidation
- Supporting the wider finance team on reporting and technical queries
- Develop and improve internal controls and processes for reporting
- Act as a key contact with the accounting teams, improve collaboration, ensure accuracy and integrity of financial information
What we’re looking for:
- ACA qualified
- Strong Audit background, beneficial to have FS experience
- Strong knowledge of IFRS, including experience of IFRS 2 & IFRS 9
- The role would suit a candidate currently working in practice and looking move into industry
- The ability to read and interpret accounting standards, regulatory guidelines and legislation is critical
- Experience of exploring technical accounting matters and drafting technical papers
- Experience of SPV structures beneficial
What we offer:
- Income protection - long term injury or illness the company will pay 75% of your base salary for up to 5 years
- Pension scheme, 5% employee contribution and 3% employer contribution
- 26 days holiday + UK Bank Holidays
- Enhanced Maternity, Paternity, Shared Parental Leave Pay and Adoption Pay
- Death in Service - 3x your annual basic salary up to £550k
- Private medical insurance
- Specialist referrals
- Counselling / Talking Therapy / CBT
- Dental / Optical / Physiotherapy / Osteopathy
- Cancer cover
- Virtual Doctor Online - online GP appointments within 2 hours
- Gym membership discounts
- £200 joining bonus for WFH set up on Zilch app
- Learning & Development - company support for professional qualifications and learning development
- Employee assistance programme
- Legal advice
- Financial advice (including mortgage advice)
- Childcare support
- Relocation advice
- Lifeworks perks - online cash back at over 1200 brands, cinema discounts, digital gift cards
- Hybrid working model (3 days in the office)
- Casual dress code
- Free fruit, snacks, and refreshments in the office (and free in office barista)
- Office breakout zone, including table tennis, pool, and comfortable seating
Zilch is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and candidates.