Finance Analyst

Griffin

Griffin

IT, Accounting & Finance
London, UK · Remote
Posted on Thursday, October 19, 2023

About Griffin

Hi, we’re Griffin! We’re the bank for companies who want to build and launch financial products.

Our context

We're rapidly heading towards a future where most of us access financial services through technology companies rather than high street banks. All sorts of companies are now embedding financial products into their apps and user journeys so that their customers can seamlessly make payments, manage expenses, take out loans, save, invest, and do more.

The problem is that companies are still dependent on legacy banking infrastructure if they want to offer regulated financial products. They need to either partner directly with an (slow-moving, risk-averse) incumbent bank and/or stitch together middleware from various Banking as a Service (BaaS) providers. This process is slow, expensive, and complex and makes it very hard for companies to get new financial products off the ground.

At Griffin, we want to change this.

Our purpose

We want to make it easy for companies to bring finance to their customers at the point of greatest relevance. So, we built a bank.

But not just any bank! Griffin is a technology platform and a bank: fully regulated, API-first, developer-centric, and purpose-built to serve innovative fintechs and brands who want to build and embed financial products.

Learn more about what we do.

Our culture

Our culture is our most important asset, and one of the ways we safeguard it is by being extremely intentional about hiring the right people. We won't hire people who don’t seem like a strong fit for our core values, even if they're otherwise extremely qualified.

We also believe that smart, motivated, conscientious people thrive in high-trust, high-autonomy environments. That’s why we’re transparent by default, and we encourage open discussion and challenge across all levels of the organisation. We’re also remote-first, asynchronous, and fully flexible - because you're the expert on how and when you do your best work.

Learn more about our culture.

The Finance Team

Like most of Griffin, the Finance team is in its infancy. If successful, you will be our fourth hire and you'll be working directly alongside our Head of Finance, as well as working closely with other functions of the business. You will have a real and meaningful impact on the success of the Finance function at Griffin, as we lay the foundations of the future of global financial infrastructure. Our vision is that we will build a Finance team to be a central part of the business, somewhere the Board can rely on to support strategic planning. The team will be thought leaders in relation to finance, regulatory, planning and strategic matters.

Who are you

The ideal candidate for this job will have most of the following:

  • ACA qualified with experience working at a leading firm.
  • Significant experience in the banking sector, with expertise in EIR, IFRS9 credit, and hedge accounting.
  • Strong understanding of financial reporting standards and regulations.
  • Proven experience in financial planning and analysis.
  • Exceptional analytical and problem-solving skills.
  • Proficiency in financial modelling and data analysis tools.
  • Excellent communication and presentation skills.
  • High attention to detail and accuracy.
  • Ability to work effectively in a fast-paced and dynamic environment.
  • Ambitious and driven to contribute to the growth of a startup.

What will you be doing here?

As an Finance Analyst at Griffin, you will be involved in...

  • Statutory Accounting: Prepare accurate and timely statutory accounts in accordance with regulatory requirements and accounting standards, ensuring compliance with all relevant laws and regulations.
  • Financial Planning and Analysis (FPA): Collaborate with cross-functional teams to create and maintain financial models, forecasts, and budgets. Provide insightful analysis and recommendations to support strategic decision-making.
  • Banking Sector Expertise: Utilise your expertise in the banking sector, particularly in areas such as EIR, IFRS9 credit, and hedge accounting, to enhance financial reporting and analysis.
  • Financial Reporting: Generate and present comprehensive financial reports to senior management and stakeholders, highlighting key performance indicators, trends, and areas for improvement.
  • Compliance and Risk Management: Stay up-to-date with changes in accounting standards and regulations, ensuring the company's financial practices remain in compliance. Identify and mitigate financial risks.
  • Process Improvement: Continuously seek opportunities to improve financial processes and streamline reporting, contributing to the efficiency and effectiveness of the finance department.
  • Cross-Functional Collaboration: Collaborate with various departments, including operations, sales, and technology, to gather data and insights that inform financial decisions.
  • Ad Hoc Projects: Participate in ad hoc projects and analyses as required to support the company's strategic initiatives.

What can we offer you?

We are an early stage startup and we're working hard to expand our benefits package. We're planning to add to this list in the future.

  • 25 days off a year + bank holidays
  • Flexible, remote-friendly working - including supporting home office setup
  • Tax-advantaged stock options under HMRC's Company Share Option Plan (CSOP)
  • Auto-enrolment into company pension scheme
  • Enhanced parental leave with up to 6 months at full pay
  • Private medical insurance and life insurance (provided by Vitality and AIG respectively)

How do I apply?

Are we your next move? Apply via the link below, if there's a match our Talent team will reach out to schedule an initial conversation and talk you through our interview process in detail.

N.B: We have a small London office in Moorgate, and we are comfortable hiring people to work from anywhere in the UK. About half of the company is based within occasional commuting distance of London, the other half is full-time remote.

Our goal is for Griffin to proportionally represent the diversity of the working population in society. We’re working to ensure that Griffin is a supportive, empowering and inclusive environment for every member of our team — whatever your combination of race, ethnicity, gender, age, sexual orientation, physical ability, nationality, neurodiversity, and religious beliefs. If you’re part of a group that is under-represented in fintech, we’d love to hear from you

Griffin Bank Ltd request that recruitment agencies do not speculatively submit CVs to any employee or associate of our company unless explicitly asked to do so by a member of our Talent team.

Any CVs sent to any member of our team on a speculative basis will not be recognised and we will not accept liability for any fee or commission should we subsequently employ a candidate who applied to us directly or was introduced by an instructed agency that may also have been submitted speculatively by an uninstructed agency.