Chief Financial Officer

2 weeks ago

London, Greater London, United Kingdom Bits Full time

About Bits:

Bits is a hyper-growth fintech startup dedicated to expanding financial accessibility and empowering consumers to build and maintain their credit. Our innovative platform has rapidly gained traction in the UK market, serving over 300,000 customers and backed by prominent investors, including Y Combinator. We aim to revolutionize the credit landscape and create opportunities for those often overlooked by traditional financial institutions.

About the Role:

As the Chief Financial Officer at Bits, you will be instrumental in shaping our financial strategy in a fast-paced environment. You will oversee all financial operations, develop a robust financial plan to support our hyper-growth trajectory, and ensure we maintain solid financial health. Collaborating closely with the executive team, you will inform strategic decisions, drive growth, and ensure compliance and risk management.

We are seeking an experienced and highly motivated individual who is proactive, assertive, and tenacious. Experience in private banking or investment banking is essential, as you will need to bring a strong financial acumen and determined attitude to this role.

Requirements:

  1. At least 15 years of experience in finance roles, with significant experience as a CFO or senior finance executive in a high-growth startup environment
  2. A proven track record of scaling financial functions in complex, fast-paced organizations
  3. Expertise in fundraising, financial forecasting, budgeting, and reporting
  4. A strong understanding of accounting principles and regulatory requirements
  5. Exceptional strategic planning and operational management skills
  6. Experience in building and leading high-performing finance teams
  7. Strong analytical skills with a data-driven approach to decision-making
  8. A Bachelor's degree in finance, accounting, or related field; MBA or relevant financial certifications (CFA, CPA) preferred
  9. Excellent communication and negotiation skills, with the ability to present complex financial information effectively

Salary:

The estimated salary for this position is £120,000 per annum, commensurate with experience.

Benefits:

  • Competitive salary package
  • Ongoing training and development opportunities
  • A dynamic and supportive work environment

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