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Job opportunities in the Octopus Ventures portfolio

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Finance Manager

Raylo

Raylo

Accounting & Finance
Belfast, UK
Posted on Wednesday, December 13, 2023
Who we are
Did you know that every year, a staggering 50 million tonnes of e-waste is generated globally with only 20% being recycled? At Raylo, we're on a mission to change this narrative. We're revolutionising the way people access tech for good by offering a subscription-based alternative, we're shaking up the traditional tech market and driving real change for consumers and the environment alike.
In just 3 years, we've experienced an incredible 39x growth, demonstrating the demand for our innovative approach. We're proud to say we've leased over 100,000 devices and have been rated Excellent with 4.5 stars across 7,500+ reviews on Trustpilot.
We're not just talking the talk; we're committed to leading the change in consumer tech. We’re a B-Corp-certified company backed by NatWest, Channel 4 Ventures, Macquarie, Octopus Ventures and Telefonica with a current ARR of £25m.
If you're ready to make a difference and be part of something big, join us at Raylo and help shape the future of tech with initiatives that benefit both people and the planet. It's not just about reducing waste; it's about creating a smarter, more sustainable future for all.
Life at Raylo
• We are an organically collaborative and dynamic team
• We embrace innovation, seek out challenges and always aim for excellence
• We take intelligent risks, celebrate our wins, and learn from our mistakes
• We help each other by listening, challenging thought and continually improving
• We live our mission, walk in our customers’ shoes, focus and execute, and are a curious and gritty bunch
What to expect in this role...
We are entering an exciting stage of our journey at Raylo as we approach a key fundraising milestone that will rapidly propel our growth. To continue building a robust finance function with capability to deliver results for the business, we are searching for a highly driven qualified chartered accountant (ACA, ACCA or CIMA) to join us.
You will work alongside our growing finance team. You will take ownership of key processes and reporting obligations within the finance function. You will have the opportunity to gain great experience in technical accounting and also work on key strategic projects to prepare the business for scale.
You’ll play a key role in the following:
> Cash management by preparing the calculations and executing the documentation
> Monthly debt reporting obligations
> Assisting with the operation and optimisation of debt facilities (drawdowns, interest payments, etc)
> Optimising the management of devices enrolled with forward purchase agreement partner
> Preparation of monthly management accounts
> Process improvement of our asset management
> The completion of external regulatory compliance requirements and the coordination of all company audits.
This is a unique opportunity to join a growing finance function within a fast-paced business which will ensure you have scope to be involved in key strategic projects. You’ll also have the opportunity to utilise your expertise, with a focus on process improvement to optimise the efficiency of the finance function. Your ability to critically analyse and draw important insights for a range of stakeholders will also have a real-time influence on business decisions.

You'll be great at...

    You'll be great at...

    • Being deeply curious to understand a complex finance function- Implementing technical accounting.
    • Demonstrating adaptability exemplified by working in a fast-paced, dynamic environment.
    • Consistently delivering in line with deadlines and can work ‘smart’ to manage your time accordingly.
    • Taking ownership and responsibility over your projects.
    • Understanding how to take complex data and turn it into succinct actionable insights
    • Excel (Experience in Data Analytics - SQL and Looker are a bonus).
    • Relishing the opportunity to use data to challenge existing thought processes and drive meaningful change.
    • Using Xero or a similar cloud-based accounting software.
    We’re not looking for you to meet every point on this job description, please still get in touch if you think you could add value and do your best work here at Raylo. We'd love to have a chat and see if you could be a great fit.
    Opportunities & Benefits
    We are continuously improving and listening to our quarterly employee surveys to provide the best opportunities and benefits for our employees.
    ○ All of our employees get a real stake in Raylo (Total comp= Base Salary + Stock Options)
    ○ 33 days holiday per year (25 days + 8 bank holidays with flexibility to use when you want)
    ○ Learning budget for every employee - we care deeply about investing in your long-term career growth
    ○ Enhanced maternity and paternity leave
    ○ Workplace nursery scheme
    ○ Hybrid working environment
    ○ Sustainable breakfast, lunch and snacks every day you’re in the office
    ○ Perkbox membership - hundreds of perks and discounts to support physical, financial and mental wellbeing
    ○ We have a dedicated Raylo Culture Committee Club & a Wellness team who lead all the socials and activities in both offices (all optional).
    Hiring Process
    What’s next?
    Once you submit your application, our Talent Team will contact you if you have been shortlisted for the role.
    We set an exceptionally high bar at Raylo, and in return, we will aim to give you the best candidate experience possible.
    Stage 1: Talent Screening (30-45 minutes)
    Stage 2: Hiring Manager Interview (45 minutes)
    Stage 3: Task Stage/ In-person Interview: (60- 90 minutes)
    Stage 4: Values-based Interview (45 minutes)
    Stage 5: Co-founder Final (45 minutes)
    Remember, we are always happy to provide constructive feedback (once you’re in the hiring process) as we know how important it is to continually improve, so do ask us!
    Diversity Statement
    Raylo is an equal opportunities employer and we are committed to building a diverse and inclusive work environment where we learn from each other. We welcome people of diverse backgrounds, experiences, abilities and perspectives and believe it adds value to our organisation. Working at Raylo is super fun and we’d love to tell you more about it.