Management Accountant

Posted Yesterday
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London, Greater London, England, GBR
In-Office
Senior level
Semiconductor
The Role
Own the monthly group management accounts cycle (UK, Taiwan, US): consolidation, multi-currency translation, intercompany reconciliations, month-end close, FRS 102 treatments. Lead finance systems (Xero today, NetSuite migration), maintain chart of accounts, automate reporting, support budgeting, forecasting, cashflow, AP oversight, R&D tax credits, and process documentation.
Summary Generated by Built In

Management Accountant

Fractile AI  •  London / Bristol  •  Finance

Fractile is building the compute infrastructure that the next generation of AI needs.  Our hardware and chip engineering teams are solving some of the hardest problems in the industry.  Our Finance function is the backbone that keeps everything moving.

We are a team of around 120 people across London, Bristol, and San Francisco, and we are growing fast.

The Role

This is a hands-on management accounting role for someone who is already doing this work and ready to own it from day one.  You will report directly to the Financial Controller and take full ownership of the monthly management accounts cycle for the group — consolidation across UK, Taiwan, and US entities, multi-currency translation, intercompany reconciliations, and the full month-end close.

The FC is a strong operator who will work closely with you, but this is not a role that comes with extensive handholding.  You will need to be operational quickly, build your own rhythm, and bring rigour and reliability to a function that is scaling at pace.  Alongside the core management accounts remit, you will own the finance systems landscape and play a hands-on role in an imminent NetSuite migration.

What You Will Own

Group Management Accounts

  • Full ownership of monthly management accounts for the group, including consolidation across UK, Taiwan, and US entities
  • Intercompany reconciliations, multi-currency translation, and elimination entries
  • Month-end close timetable: accruals, prepayments, fixed asset accounting, and balance sheet reconciliations
  • FRS 102 technical treatments across fixed assets, leases (ROU), capitalisation policy, and revenue

Finance Systems

  • Ownership of the finance systems landscape — Xero across entities today, NetSuite migration imminent
  • Chart of accounts integrity, tracking categories, and reporting hierarchies across all entities
  • Active role in NetSuite implementation: data migration, configuration, and reporting design
  • Automation opportunities across the finance stack to reduce manual effort and improve close speed

Management Reporting and FP&A

  • Budget vs. actuals process, variance analysis, and narrative commentary for budget holders
  • Rolling cashflow forecasting and rephasing
  • Spend reports and dashboards for engineering, operations, and the executive team

Day-to-Day Finance Operations

  • AP cycle oversight, payment runs, and supplier queries
  • R&D tax credit claims and UK statutory compliance
  • Process documentation and continuous improvement — you will be building this function as it grows

What We Are Looking For

Essential

  • ACA qualified with solid post-qualification experience, ideally trained at a Big 4 or top-10 practice firm.  ACCA or CIMA considered where technical and audit grounding is equivalent.
  • Proven track record producing monthly management accounts in a group structure — multi-entity, multi-currency
  • Technically confident applying FRS 102 in practice, not just in theory
  • ERP experience — Xero and/or NetSuite strongly preferred
  • Strong Excel: you build models, reconciliations, and analysis from scratch without prompting
  • High ownership mentality — you notice what needs doing and you do it
  • Clear communicator who can translate finance for non-finance stakeholders

Nice to Have

  • Experience in a product, hardware, semiconductor, deep-tech, or manufacturing business
  • Involvement in an ERP migration
  • Exposure to a venture-backed or pre-revenue scaling environment
  • R&D tax credit experience
  • Experience supporting an FP&A or commercial finance workstream

Why Join Us

You will have real ownership from the start — not a seat at the side of someone else's work.  The Finance function is growing alongside the business, and the person in this role will have a direct hand in shaping how it operates.  The FC is experienced, the business is serious, and the mission is one of the more genuinely interesting ones in tech right now.


Skills Required

  • ACA qualified with solid post-qualification experience (Big 4 or top-10 training preferred); ACCA or CIMA considered where equivalent
  • Proven track record producing monthly management accounts in a group structure (multi-entity, multi-currency)
  • Practical experience applying FRS 102 (fixed assets, leases ROU, capitalisation, revenue)
  • ERP experience (Xero and/or NetSuite)
  • Strong Excel skills (build models, reconciliations, analysis from scratch)
  • Ownership mentality and ability to operate independently
  • Clear communication skills to translate finance for non-finance stakeholders
  • Experience with R&D tax credit claims and UK statutory compliance
  • Experience in product, hardware, semiconductor, deep-tech, or manufacturing businesses
  • Involvement in an ERP migration
  • Exposure to venture-backed or pre-revenue scaling environments
  • Experience supporting FP&A or commercial finance workstreams
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The Company
80 Employees
Year Founded: 2022

What We Do

Fractile is developing AI chips designed for efficient AI model inference, aiming to radically improve the speed and cost of running frontier AI models by eliminating memory bottlenecks.

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