Financial Accountant

Posted 5 Days Ago
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London, Greater London, England
Senior level
Financial Services
The Role
The Financial Accountant (Revenue) at Flagstone will ensure compliance with UK GAAP standards for revenue recognition and billing. Responsibilities include supporting monthly management reporting, assisting with audits, optimizing billing processes, and analyzing financial data. The role involves collaboration with various stakeholders to achieve accurate financial reporting and compliance, contributing to the company's growth and strategic objectives.
Summary Generated by Built In

What is Flagstone?

Flagstone is many things. An online savings platform, reinventing how individuals, businesses, and charities manage, protect, and grow their cash. A diverse group of people, bound by a collaborative spirit, and shared purpose. And lastly, a thriving, profitable business – where smart people do their best work.

Each definition shares a common thread: our unique culture. It’s our pride and joy. And our competitive advantage.


A feel for our culture

To revolutionise the savings market, we need to be at our best. But high performance takes more than talent – it takes a culture of kindness, respect, and growth.

That’s why we’re building a diverse, inclusive community, where your voice is heard and valued. Where, with close support and room to develop, you can surpass even your own expectations. And be rewarded for it.

We may not change the world, but we can change the world of financial technology. And all it takes is a winning mix of drive, talent, and empathy. Our culture celebrates all three.
But enough about us. Let’s talk about you.


Does this sound like you?

You're an experienced accountant with a focus on revenue, excited to forge a new way to save.


What you’ll do:

Your role will contribute to the execution of the financial strategy by ensuring that all revenue recognition and billing processes comply with UK GAAP standards, supporting the preparation of monthly management reporting and month end close and assisting with the annual audit process.

You will help the business achieve accurate financial reporting and timely recognition of revenue, thereby supporting business growth and maintaining strong financial control. You will work directly with various stakeholders to optimise the billing process, improve cash flow, and ensure financial compliance, all of which will contribute to the company’s strategic and financial objectives. By building and maintaining relationships with functional heads across the business, you will facilitate collaboration and alignment with financial objectives.


What you’ll bring:

  • Revenue Recognition: Knowledge of revenue recognition principles under UK GAAP, including complex arrangements like contracts, subscriptions, and milestone-based billing.

  • Sound understanding of accounting principles: (e.g. UK GAAP or IFRS)

  • Billing & Invoicing: Hands-on experience managing the billing process, including invoicing, reconciling billing discrepancies, and ensuring accurate revenue recognition.

  • Financial Analysis: Experience analysing and reconciling large data sets, knowledge of or willingness to learn Data analytics tools, e.g. SQL and Power BI is and added bonus.

  • Financial Reporting: preparing and presenting financial reports (Management and Statutory accounts) in compliance with UK GAAP standards.

  • Financial Software & Systems: Proficient in using accounting software (e.g., NetSuite, QuickBooks) and Excel functions for financial reporting and analysis.

  • Risk Management: Ability to identify financial risks and ensure compliance with policies and regulations, particularly around revenue and billing.

  • Communication & Business Partnering: Strong interpersonal and communication skills to collaborate effectively across functions and provide business insights.

  • UK Direct and Indirect Tax compliance: experience of completing and submitting corporation tax and VAT submissions is a nice to have.



How we reward you:

At Flagstone, the benefits extend beyond false gifts like “fruit and snacks”. Instead, we invest in your health, wealth, and professional development. Here’s a selection of our benefits:

  • Private healthcare
  • Life insurance (four times your annual salary)
  • Dental/optical care
  • Matched pension contributions (5%)
  • Income protection
  • Around the World in 90 days (remote working possibility)
  • £1,000 annual learning bursary
  • 25 days holiday (plus bank holidays)
  • Remote working kit, for when you're not in the office
  • Access to our platform, at no cost
  • Additional 3 days community and charity leave each year
  • Quarterly half days for Wellness leave
  • Flexible bank holidays
  • Gym discount

All are welcome.

At Flagstone, we’re assembling a diverse team that defies our industry’s norms. Think this role could suit you? We encourage you to apply, no matter your background.

Top Skills

Power BI
SQL
The Company
HQ: London
245 Employees
On-site Workplace
Year Founded: 2013

What We Do

Flagstone – the cash deposit platform – gives savers everything they need to manage, protect, and nurture their cash. With a single application, savers can spread their deposits across hundreds of accounts, maximise their interest, and keep their cash secure. Our platform is available to UK individuals, businesses, and charities at www.flagstoneim.com. We are available to international individuals, corporates, funds, and trusts at www.flagstoneim.com/international.

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