• iwoca
  • Jan 17, 2020
Full time Accounting

Job Description

iwoca is breaking down the barriers that stop Europe’s 20 million small businesses from accessing finance. Traditional bank loans have slow application processes, inflexible terms and burdensome criteria. In contrast, we use cutting-edge technology to offer flexible access to credit with a five minute application process and a decision in hours.

Since 2012, we've lent over £1 billion to over 50,000 businesses across Europe. Our customers include everything from cafés to car dealers, salons to solicitors. Along the way we have built a sophisticated technology platform, won numerous awards and grown a fun, and vibrant team.

However, we’re still near the start of our journey – our aim is to finance a million small businesses within a decade and so we need more smart, hands-on people to help us reach this goal.

Your mission will be: to manage the month-end close and associated activities in relation to our SPVs and to provide support with treasury and accounts payable related matters. This will include a wide range of responsibilities that are vital for the smooth running of the business.

This is a unique opportunity for an enthusiastic, proactive and growth minded accountant to join our Finance team. You will have the opportunity to work with a business, with like minded teammates, that is committed to supporting SMEs.


Reporting the to Head of SPV and Group Accounting, your responsibilities will include:

● Taking on responsibility for the monthly bank postings, the accurate calculation of monthly accruals/prepayments, including journal preparation and posting into NetSuite

● Preparation and review of month-end P&L and balance sheet for the subsidiaries of the group

● Prepare and maintain intercompany reconciliation including calculation of monthly intercompany recharges and any resulting FX gain/loss

● Provide support to our AP function as required

● Facilitating the year end process by providing assistance with the preparation of the consolidated group accounts, the drafting of the financial statements and liaising with auditors, as necessary

● Assist the Finance team in the enhancement of month end processes and provide support on any other ad-hoc projects

We look for people that are smart, humble, motivated and who are always looking to improve. Ideally, you’ll have:

● Good analytical skills, high level of accuracy and attention to detail

● Part-qualified or studying towards an accounting qualification

● Have proven experience within a finance department

● Be an effective team player with a positive can-do attitude

● Ability to deal with ambiguity and respond to changing environments

● Financially mindful of personal impact on the business

● A track record of constantly looking for ways to do things better

● Previous experience with NetSuite desirable

In return, you’ll get a say in how things are done, the opportunity to make a difference to small business owners, and to work on big and challenging projects.


What’s life like as an iwocan?

We all enjoy:

  • Bright, modern office spaces in Tottenham Court Road and Covent Garden
  • Two company retreats a year (in places like the French Alps or Spanish seaside)
  • Pool, ping pong, foosball tables and tournaments and yoga
  • An ever-growing number of clubs including climbing, chess, football and boxing
  • Plenty of drinks and snacks in our office kitchen
  • A paid volunteering day each year, for you to support your chosen charity

Just for you:

  • Medical insurance from Vitality, including discounted gym membership
  • Stock options
  • Enhanced maternity and shared parental leave
  • A workplace nursery tax benefit scheme
  • 25 days holiday per year and an extra day off on your birthday
  • Extra leave if you want to travel or study
  • Special celebrations for anniversaries and long service including sabbatical
  • Flexible working
  • Cycle-to-work scheme

And to make sure we all keep learning, we offer:

  • Tickets to tech conferences across Europe
  • Company-wide talks with internal and external speakers
  • A calendar of meetups we host at our office
  • Access to learning platforms like Treehouse if you want to learn to code