Management Accountant

4 days ago


Cambridge, Cambridgeshire, United Kingdom TidalSense Limited Full time

TidalSense is a respiratory technology company with a mission to transform the diagnosis, monitoring and management of chronic respiratory conditions, such as asthma and COPD. The company has ambitions to enable a population-scale change in respiratory care through global deployment of its technologies. TidalSense has launched the first-of-its-kind AI-driven (software medical device) diagnostic test for COPD which uses the company's unique, patented, sensor technology embedded in the N-Tidal Handset medical device.

We are seeking a Management Accountant with strong analytical, communication, and organisational skills. We are at an exciting phase in our journey as we transition from a start-up to a scale-up. You will be joining a passionate, socially-motivated and multi-disciplinary team covering engineers, scientists, clinicians, designers, product and usability specialists. This is a unique opportunity for a driven and autonomous individual to support and develop our management accounting and finance driven processes, providing vital support as we commercialise our medical devices and scale the business to deliver impact in the real world and change people's lives. We are seeking someone who is comfortable working in a fast-paced, agile, and diverse team environment, and who is also committed to our mission to revolutionise respiratory medicine

Please note this role is part-time: 24 hours per week.

Job Purpose

To play a key role in shaping the company's financial health and operational efficiency. To execute budgeting, forecasting, financial reporting, and cost analysis, helping the leadership team make data-driven decisions. To collate management accounts, and grant and CSR reporting, ensuring the business is compliant with our legal and contractual obligations.

Key Duties & Responsibilities

  • Accountable for executing key management accounting tasks, including:
    • Running the sales ledger ensuring customers are billed promptly in accordance with internal procedures and credit terms are adhered to
  • Managing the purchase ledger and outsourced bookkeepers ensuring payments are made efficiently and smooth running of the ledger
  • Ensuring the trial balance and associated reporting is updated on a monthly basis including monthly accruals and prepayments schedules and other balance sheet reconciliations
  • Assisting with monthly payroll
  • Preparing monthly management accounts, forecasts, and variance analyses
  • Supporting the annual budgeting process and quarterly reforecasting
  • Providing monthly reports to heads of departments tracking expenditure against budget
  • Supporting development and refining of financial models to evaluate business performance and new initiatives
  • Other adhoc finance and admin tasks as required
  • Delivering financial reporting to ensure legal and contractual compliance, including:
    • Maintaining accurate and timely financial records in accordance with accounting standards
  • Supporting the year-end reporting including the provision of information for the external audit, statutory accounts and corporation tax return
  • Preparing management reports, KPI dashboards, and board presentations
  • Assisting with external audits and grant reporting
  • Assisting with investor queries and reporting, including CSR reporting
  • Supporting process improvement within the Finance function, including:
    • Supporting implementation of scalable financial systems and reporting tools
  • Streamlining accounting workflows and strengthening internal controls

Requirements

Skills & Competencies

Essential:

  • Strong analytical and Excel skills, including financial modelling skills
  • Excellent communication and stakeholder management skills
  • Resilience and flexibility to work in a busy and changing / dynamic environment with ability to deal with workload peaks and troughs
  • Ability to multi-task, organise, and prioritise work
  • Pro-active with effective organisational skills and priority setting
  • Knowledge of UK VAT
  • Familiar with using generative AI tools (in work or personal context), preferably working with AI agent workflows

Desirable:

  • Experience in a medtech or startup environment
  • Experience in a manufacturing company
  • Knowledge of R&D tax credits, grant funding, and medical device regulatory environments

Qualifications & Experience

Essential:

  • ACA / ACCA / CIMA (qualified or part-qualified) or equivalent professional certification
  • 3+ years of experience in management accounting

Desirable:

  • Experience with Xero and ApprovalMax
  • Experience working in an early-stage or growth phase company

Other Requirements

  • Legally eligible to work in the UK without sponsorship
  • Will need to be able to work in person in the Cambridge office at least 60% of working hours

Note to Applicants

  • We read all applications carefully - including your free-text answers - in evaluating your application. Please make sure you spend some time answering these questions carefully.
  • Please answer questions truthfully. Dishonesty is fundamentally against our values.
  • We appreciate that some candidates may hesitate to apply because they may feel that they might not meet all of the required criteria or be competitive enough. If this is you, please don't shy away from applying - we would like to hear from you

Benefits

  • Flexible working hours to support your work preferences
  • Hybrid working as per requirements above
  • 25 days annual leave (pro-rated) + 8 public holidays
  • Pension: TidalSense contributes 5% of qualified earnings
  • Annual performance-based bonus
  • Discretionary share options scheme.
  • Work from abroad for 1 week per year
  • Buy / sell up to 5 days annual leave (pro-rated)
  • Individual personal development budget + dedicated development days
  • Mental Health support: wellbeing support and free 24/7 access to qualified counsellors and advisors
  • Wellness programme
  • Coaching and mentoring
  • Team events and celebrations
  • Beautiful award-winning Cambridge UK office stocked with quality drinks & snacks

Salary £38,000-50,000 pa (pro-rated and depending on experience)

TidalSense operates a fair pay structure to ensure our colleagues are paid equitably and competitively for their skill, expertise and experience. Successful candidates will be offered this role at the appropriate grade, based on both their resume experience and our judgement of their performance level through the assessment process.



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