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Job opportunities in the Octopus Ventures portfolio

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Senior Accountant

CoMind

CoMind

Accounting & Finance
London, UK
Posted on Jul 17, 2024

At CoMind, we are developing a neuro-sensing technology that will catalyse a modern wave of neuroscience and neurology applications within medical devices. In joining us, you are helping to create cutting edge technologies that will improve how we diagnose and treat brain disorders, ultimately improving and saving the lives of patients across the world.

The Role:

CoMind is establishing a world class Finance function to support the growth of the business. We are seeking a Senior Accountant to oversee the day to day accounting functions and regular reporting requirements. The role will report into the CFO and will work alongside external accounting and tax providers.

Responsibilities:

  • Oversee UK & US bookkeeping in Xero

  • Ensure timely month-end processes and consolidation (Xero, Excel) working with an external provider

  • Prepare financial information and commentaries for management and board reports

  • Support CFO with budgeting, long term forecasting and managing actual spend against budget

  • Manage purchase order and invoice processing in Dext and ApprovalMax (linked to Xero)

  • Process timely supplier payments via online banking

  • Ensure staff expenses are correctly submitted, approved and settled on time

  • Support payroll process with CoMind’s People team and an external payroll bureau

  • Support tax & other returns, R&D tax credit and grant claims, and external audits

  • Help evaluate, build, improve and monitor financial processes and practices to support the growth of the business.

Skills & Experience:

  • Professional accounting qualification (e.g. CIMA, ACCA, ACA etc)

  • Experience working in a startup, or similarly fast-paced environment

  • 5+ years professional accounting experience, including at least 2 years in an operational role

  • Experience of accounting procedures including Purchase Orders, customer and supplier invoices, bank payments, fixed and current asset schedules, VAT, payroll

  • Experience of month end close procedures and reporting, consolidations, FX, HMRC payroll and VAT reports, and internal and external audits

  • Familiarity with Xero, Dext and ApprovalMax or similar packages

  • Experience in managing outsourced finance function suppliers, e.g. bookkeeping, VAT.

Benefits:

  • Company equity plan

  • Company pension scheme

  • Private medical, dental and vision insurance

  • Group life assurance

  • Comprehensive mental health support and resources

  • Unlimited holiday allowance (+ bank holidays)

  • Hybrid working (3 days in-office)

  • Quarterly work-from-anywhere policy

  • Weekly lunches

  • Breakfast and snacks provided.