Cambridge, UK | Hybrid | Full-time | Permanent | Salary: £45,000 to £55,000 DOE

We will also consider part-time applications for this role. Please indicate your preferred working schedule in your cover letter.   

About us 

Riverlane’s mission is to make quantum computing useful, sooner. From climate change to healthcare, large and reliable quantum computers will help solve some of the world’s biggest challenges. Riverlane is building the quantum error correction layer to make this happen sooner. It’s a complex problem that requires a range of skills, talent and passion. We’re making remarkable progress and growing fast.  

About the role 

This is a fantastic opportunity for a proven Management Accountant to join Riverlane as we bring our Finance function in-house.  This brand new position is an excellent opportunity to help shape our Finance processes, using your expertise to actively engage in how these can be improved, refined and implemented. 

Our group includes a UK and a US entity and in this role you will produce monthly management accounts to a high standard, both on an individual and consolidated basis.  Reporting to Riverlane’s Head of Finance, you will become a key member of our skilled and friendly Finance team.  As Management Accountant, you will support and line manage our Finance Assistant (responsible for day-to-day bookkeeping). Riverlane is a forward-thinking company and we’re at a very exciting time in our journey.  If you’re interested in a new challenge, where you can use your proven experience as a Management Accountant to really make an impact, we’d love to hear from you!  

What you will do

Ongoing tasks 

• Review and first approval of twice monthly payment runs 
• Cash management review and recommendation on movements between bank accounts (GBP, USD, holding accounts and current accounts) 
• Line management of Finance Assistant to ensure high quality input in order to be able to make informed decisions 

Monthly management accounts 

• Posting of monthly journals including:  

• Prepayments 
• Accruals 
• Accrued and deferred revenue 
• Building lease 

• Prepare and review all balance sheet reconciliations 
• Set up new working papers as required (i.e. new leases, revenue contracts, etc.) 
• Prepare monthly management accounts for the UK and US entities  
• Prepare consolidated monthly management accounts 
• Hold monthly meetings with key budget holders to review spend 

Annual budget 

• Update the three-year budget annually ready for review 
• Discuss with key budget holders for updates 

Year-end audit 

• Calculation of year-end accounting entries such as holiday accrual, dilapidation accruals, share-based payment, etc 
• Calculation of R&D tax credits ahead of review by an external tax team 
• Preparation of working papers for auditors 
• Preparation of the year end accounts including notes 
• Co-ordinating audit process, answering queries and sample requests 

Controls 

• Identify and implement key controls across the business  
• Maintain compliance with implemented controls 
• Constantly review processes for efficiencies and relevance 

Government grants 

• Support grant applications as required, especially focused on US bids 

Requirements

What we need 

• Qualified accountant (part-qualified accountant may also be considered)  
• Proven industry experience is essential, covering management accounts, annual budgets and year-end audit 
• Excellent attention to detail, with a drive to get things right and constantly push processes forward 
• Ability to analyse data to make informed recommendations to the business 
• Strong Excel skills (e.g. V lookups, count-ifs and pivot tables, as well as effective spreadsheet management)  
• Ability to adapt to a changing environment in a rapidly growing scale-up business 
• Experience of prioritising tasks and working to tight deadlines 
• Excellent problem solving and project management skills 
• Highly motivated and results-driven, with enthusiasm to achieve ambitious targets 

Even better if you have… 

• Experience of working in a scale-up or high growth organisation 
• Multi-entity consolidation experience including a US entity 
• You have previously worked with any of the systems currently used in-house:  
• Xero 
• Dext 
• Approval Max 
• Fyle 
• HSBC uploads 

Benefits

What can you expect from us

• A comprehensive benefits package that includes private medical insurance, life insurance, equity and a contributory pension scheme.
• 28 days annual leave, plus bank holidays and enhanced family leave
• A diverse work environment that brings together experts in many fields (including software and hardware development, quantum information theory, physics, maths and many more) and over 20 different nationalities.
• A learning environment that encourages individual, team and company growth and learning, including an annual training and conference budget for each staff member.

How to apply

Please upload a CV and covering letter by clicking 'Apply Now'. Your covering letter should explain why you are applying for the job and what skills and experience you can bring to the role.

We review CVs as we receive them and interview as soon as we have applications that look like a good match (usually within one week). We do not use closing dates. So, please apply as soon as possible to avoid missing out on this role. We advertised this role on 14th March, 2024.

If you have any queries, please contact jobs@riverlane.com.

Everyone is welcome at Riverlane. We are an equal opportunities employer and encourage applications from eligible and suitably qualified candidates regardless of age, disability, ethnicity, gender, gender reassignment, religion or belief, sexual orientation, marital or civil partnership status, or pregnancy and maternity/paternity.

Studies have shown that women tend to apply to jobs if they meet all or almost all of the requirements whereas men apply even if they meet only some of the requirements. If that sounds like you then please apply – we are happy to review your application and let you know if we think you might be a good fit.

If you need any adjustments made to the application or selection process so you can do your best, please let us know. We will be happy to help.

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