Finance Assistant

Kroo has a big vision. To be the first bank that is both trusted and loved by its customers. We’re helping people take control of their financial future and achieve their goals, whilst making a positive impact on the planet. Here at Kroo, doing what is right is in our DNA. We act with integrity, transparency and honesty. We think big, dream big, and relentlessly pursue our goals. We like to be bold, break new ground, and we never stop learning. But most importantly, we are on this journey together.

About the Team

We’re a team of experts from technology, banking, customer experience, marketing, and legal fields, all working together with one goal: to build the best social bank in the world. We work closely as a team, always curious and focused on understanding what customers need so we can create solutions that make a real difference in their lives.

At Kroo, The finance team plays a pivotal role in making this vision a reality. We’re seeking a proactive individual who takes initiative and can make a confident impact within our team. If you’re ambitious, passionate about redefining the future of banking, and eager to build something groundbreaking, we want to hear from you!

What you’ll do:

We’re seeking a proactive Finance Assistant to play a vital role in supporting Kroo’s finance operations. In this position, you’ll take on a variety of day-to-day financial responsibilities, including payroll, accounts payable and VAT returns. You’ll also assist in streamlining processes to ensure the seamless operation of our financial activities. This is an excellent opportunity to develop your skills and grow your career within a dynamic and collaborative environment. Other responsibilities include: 

• Delivering process improvements to enhance the efficiency and accuracy of the monthly, quarterly, and annual reporting process via automation and control.
• Driving continuous improvement across finance, including support the implementation of finance systems.
• Preparing supporting workings for and reviewing month end journals.
• Participating in annual and interim audits, maintaining a good relationship with external auditors and the internal audit function.
• Supporting the wider business by providing financial reporting and technical accounting implications of new product launches, including the implementation of new accounting processes and reconciliations.
• Supporting the development and maintenance of suspense account reconciliation, working with wider stakeholders (Data engineering, PayOps).
• Produce and review capital, liquidity and statistical regulatory returns, maintaining timeliness and accuracy.
• Stay abreast of changes in the regulatory environment, assessing the impact on the banks own reporting processes and requirements.
• Analysing monthly balance sheet and P&L ledger account movements.
• Supporting finance operations including payroll, accounts payable, liquidity and VAT returns.

Requirements

What You’ll Need:

• A hands on, ability to ‘get stuck in’ approach to problem solving, and not afraid to get into the detail.
• Previous experience/or an interest in Banking or Fintech.
• Attention to detail.
• Excellent organisation and time management skills.
• Willingness to solve problems and take initiative even when uncertain.
• Good excel/Google sheet skills.
• A professional, respectful, and friendly manner.
• Positive mindset / team spirit.

You’ll have an advantage if you:

• Part Qualified ACCA/ACA/CA.
• Experience working in a Bank/Building Society/Fintech.
• Degree in Accounting and Finance.

Benefits

What we offer:

At our cutting-edge fintech company, we know that attracting and retaining the best talent means offering top-notch benefits that help our employees thrive both in and outside of work. Check out what we currently offer:

• Generous holiday time: 25 days annual leave, 8 bank holidays, 1 Kroo bank holiday (June 24th), and 1 day off during the week of your birthday.
• Personal days: We know that life can be unpredictable, so we offer 3 personal days to use as needed.
• Employer-sponsored volunteer program: We're passionate about giving back to our community, and we support our employees in doing the same with up to 4 hours per month of employer-sponsored volunteer time.
• Mental health support: We care about the mental health of our team members and offer access to Spill, our mental health support partner.
• Workplace pension: We want you to feel secure about your future, so we offer a workplace pension with a 5% employee contribution and a 3% employer top-up.
• Top-notch equipment: We provide top-of-the-line equipment necessary for smooth hybrid work, including a MacBook laptop. Additionally, we also offer support in establishing your home office by contributing towards your setup if required.
• Modern office: When you're in the office, you'll enjoy access to our modern, bustling workspace in Farringdon (Central London).
• Cycle to Work scheme: We encourage sustainable transportation with our Cycle to Work scheme.
• Electric Car scheme: We're committed to reducing our carbon footprint, and our Electric Car scheme makes it easy for our employees to do the same.
• Enhanced parental leave: We know that family comes first, and we offer an enhanced parental leave policy to support our employees in starting and growing their families.
• Room for growth: As a fast-paced, high-growth start-up, we're dedicated to providing our employees with room to grow and excel.
• You get full healthcare for you and your nuclear family via Vitality.

Hybrid Working:

At Kroo Bank, we have a hybrid policy that gives both individuals and teams a lot of freedom when it comes to using the office space to boost productivity. Our London office is a great resource when used effectively. So, employees who can occasionally come to the office are a good fit for how we work right now. Keep in mind that this job involves working from Monday to Friday, with a mix of remote and office work, so you won't need to be on-site all the time.

Diversity and Inclusion:

We wholeheartedly uphold our commitment to fostering a diverse and inclusive workplace. Every employee is highly regarded, respected, and supported without any form of judgement or prejudice. We consider Diversity, Equality, and Inclusion as fundamental pillars guiding our path in all aspects of our bank. We also ensure that reasonable adjustments are made available to all candidates throughout the recruitment process.

To all Recruitment Agencies:

At Kroo Bank, agency resumes are strictly prohibited. Do not submit agency resumes or forward them to our job advertisements or Kroo Bank employees. Be aware that Kroo Bank will not assume any responsibility for fees incurred due to unsolicited resumes.

To ensure a fair and efficient application process, all candidates are kindly requested to submit their applications directly through the advertised platform. We kindly ask that you refrain from reaching out to the company or its employees via email, LinkedIn, or any other communication channels for inquiries or updates. Please note that any attempts to contact us through these channels will not receive a response. Thank you for your understanding and cooperation.