Elvie is hiring a

Finance Manager

London, United Kingdom

About Elvie

Elvie is a health and lifestyle brand developing smarter technology for women. We are committed to building extraordinary products that improve the health and lives of women everywhere and at all stages of life.

Our first product, Elvie Trainer, is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Launched in October 2015 to great acclaim, we took the wellness industry by storm! Our street cred includes more than 12 awards for innovation and design, including the prestigious CES Innovation Award, IDA Design Award and Red Dot Award. As a business, Elvie has been recognized as one of Wired’s ‘hottest start-ups’, named as one of the 15 start-ups “To Watch” by The Sunday Times and both products have been featured in the Oscar Nominee Gift Bags.

We recently launched our second innovation: Elvie Pump, the world’s first silent wearable breast pump, which is making it possible for new mothers to pump anytime, anywhere. Elvie Pump received international praise following its unveiling on the catwalk at London Fashion Week and at the Consumer Electronics Show (CES) in Las Vegas.

In April 2019, Elvie announced a $42 million Series B led by IPGL and supported by Octopus Ventures and Impact Ventures: the largest ever fundraise in femtech. This new round of financing will accelerate Elvie’s research and development efforts, as well as help grow brand awareness and distribution for Elvie Pump and Elvie Trainer across the Americas, Europe and Asia.

Finance Manager

We are looking for a bright and driven Finance Manager to join our Elvie Team. This is a great opportunity for a qualified accountant who is technically strong to join an exciting, fast-past & entrepreneurial business. You’ll be responsible for overseeing the smooth operation of the day to day finance and month-end processes, with significant exposure to and involvement in high-level finance led activities such as board reporting and fundraising.

You will also be provided strong support from our finance assistant who will be responsible for most of the transactional activity under your remit particularly in relation to bank, AP, AR and other ad-hoc reporting.

Reporting to and working closely with the finance controller, you’ll work independently and with the wider team to gain full exposure to everything from business partnering, budgeting & forecasting and cash flow management, to process efficiency, demand planning and supply chain review. The finance function will continue to grow alongside the rapid growth expectations across the rest of the business, so you will form a key part in defining the team’s future strategy.

Elvie is a fast paced startup with big ambitions, constantly striving to be smart, creative and disruptive. You will need to be confident working at a fast pace, love a challenge and be comfortable growing your skills quickly. You will work with senior stakeholders and team leads across the whole business.

This is a broad and exciting role for someone who wants to build and grow an exciting future for Elvie. You will gain hands on exposure to all departments, join at a pivotal time for the organization and gain vital experience of managing a full P&L.


Your day to day responsibilities (with support from accounts assistant):

  • Lead on operational finance – oversee all P&L line items to ensure all month end related costs are correct in the P&L
  • Be responsible for the overall processes for sales, inventory, logistics, AP, AR and expenses (your emphasis will be on process improvement, improved control & efficiency) ensuring finance assistant tasks are aligned with your own
  • Liaise with auditors to assist with the completion of YE audited accounts and ensure Elvie has controls to enable smooth running of YE audit
  • Own management reporting, helping prepare key financial and KPI reports, prepare variance analysis against budget and assist team leads with the management of their profit / cost centre budget
  • Manage our accounting platforms Netsuite, and data integrations like Pleo and Expensify
  • Support the Finance Director and Finance Controller in forecasting activities, and other adhoc projects including business casing, fundraising, board reporting, and implementation of new ERP & BI tools

Requirements

  • Be ACA, ACCA or CIMA qualified with 3-4 years practical experience;
  • Have experience in owning or being part of a month-end reporting process;
  • Love the idea of working in a fast-paced environment where you can share the future of Elvie from the ground upwards;
  • Have a “can do” attitude and be proactive in seeking solutions and implementing change;
  • Be confident in data handling & analysis in a non-interfaced system environment;
  • Have intermediate or advanced Excel skills and an interest in improving on these;
  • Have a proven track record of high integrity and a bias for action;
  • Have achieved at least a 2:1 in your bachelor’s degree;
  • Be an excellent communicator at all levels;
  • Have a high attention to detail;
  • Proactive attitude towards driving continuous improvement across the business
  • Liaising with non-finance departments


Desirable experience:

  • International trade;
  • Retail or ecommerce; and
  • Payments and FX platforms (for example online banking, Braintree, Stripe, etc).
  • Month end close
  • Netsuite (not essential)
  • Balance Sheet Reconciliations
  • Statutory Accounts

Benefits

In return we can offer:

  • Competitive base salary plus generous bonus
  • Early stage share options in a rapidly growing business
  • Work with an experienced, dedicated and passionate team that share the same values and love what they do
  • 25 days annual leave plus all annual holidays
  • Flexible working hours - our culture is built on trust and autonomy
  • Regular company socials
  • The chance to develop products with real world impact
  • Career progression and regular performance reviews
  • Employee referral program
  • As much tea and coffee as you can consume, plus free snacks!

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