Financial Accountant

We're Capital on Tap 👋

💳 Capital on Tap started because small businesses were underserved. Big banks were slow, their products weren't fit for purpose, and small business owners often couldn't access what they needed. We set out to fix that.

Today we're a financial platform - not just a credit card company. We offer a best-in-class business credit card, SME-focused spend management platform, a savings product that hit £1 billion in funds within its first year, and a growing suite of tools and financial products that make running a small business easier.

1,000+ employees, £20bn in annual card spend, 200,000+ customers, 17,000+ Trustpilot reviews averaging 4.7 stars, and we're profitable. We've done a pretty good job so far, but we're just getting started!

🏢 This is a Hybrid role, working from our London (Moorgate) Offices 3 days per week.

Finance at Capital on Tap

Our Finance team sits at the heart of everything we do. The team is responsible for financial reporting, statutory compliance, payroll, and treasury across our UK and US entities, working closely with the rest of the business to ensure we have the financial foundations to keep growing. We're a lean, high-ownership team where you'll get real breadth across the finance function and plenty of opportunity to shape how things are done as we scale.

What You'll Be Doing

As a Financial Accountant, you will play a critical role in the financial reporting process, ensuring that transactions are recorded accurately and all reporting requirements are met.

• Month-End Processes: Supporting the preparation of month-end accounting activities, including journal entries, accruals, and reconciliations across multiple group entities.
• Ledger Oversight: Ensuring transactions are captured and reconciled correctly in line with IFRS and UK GAAP, directly supporting the Financial Reporting Manager and Finance Operations Manager in maintaining accurate financial records.
• Payroll Support: Assisting with payroll processes, managing queries, and preparing monthly payroll reconciliations.
• Balance Sheet Reconciliation: Preparing and substantiating monthly balance sheet reconciliations, identifying and resolving discrepancies promptly.
• Bank Reconciliation: Designing systems for managing receivables, payables, expenses, invoices, and late payments, and developing comprehensive reports to support balance management and timely error detection.
• Debt Sale Management: Supporting the development and management of debt sale processes to ensure alignment with business objectives, coordinating between UK and US subsidiaries and overseeing legal requirements.
• Statutory Reporting: Supporting the preparation of annual statutory accounts for the group and its subsidiaries under IFRS or UK GAAP, ensuring compliance with all reporting requirements.
• Audit Support: Working closely with external auditors during audits, addressing queries, and ensuring timely resolution of audit issues.
• Process Improvement: Identifying opportunities to improve reporting processes and controls, with a focus on accuracy, efficiency, and compliance.
• Team Collaboration: Working closely with other finance team members to ensure accurate financial reporting and supporting ad hoc financial tasks as required.