General Accountant
Our mission
We are an engineering-led technology scale-up applying complex computer science techniques to change the way risk is determined and to drive better decision making through our SaaS platform, Renew. Renew has been carefully engineered to let users build and deploy mathematical models that can then be used to harness the power of complex data sets, while at the same time enhancing their own technical skillset.
We are currently applying this to specialty insurance pricing and Renew has already solved a great number of deeply complex problems for its users, including how to insure a Space X launch! This involved wrangling all manner of weird and wonderful, fragmented datasets to calculate the risk of any possible obstacle and outcome, right from the astronauts’ arrival at the launchpad to the rocket breaking through each layer of earth's atmosphere and then a safe return to Earth, accounting for every potential obstacle along the way - including space debris!
In 2023 we doubled our revenue. We recently received our Series B raising $73M and are on a path to become an Insurtech Unicorn ($1bn valuation). Our plan is to reach $100M in revenue in the next 2-3 years, which is ambitious but very achievable. This winning formula means we've become a market leader in just five years, with customers ranging from the largest (Aviva, 'Top 5' US Insurer) to the newest and most advanced (Convex, Inigo) - proving the power and flexibility of hx Renew.
Finance at hyperexponential
Following recent growth and success, hyperexponential is now investing in building world-class finance function. We are looking for a General Accountant to join this journey, to help us build scalable processes which can support the company through the next phase of growth.
hyperexponential is a agile, fast-growth, data-driven company and it needs a finance function to match.
Finance at hyperexponential is:
Technology driven - leveraging cloud technologies and automation to drive efficiency and deliver deep insights to the business
Customer centric - agile and responsive to the needs of the evolving organization
Forward looking and holistic - focussed on the drivers of long term value creation beyond financial metrics
Growth Oriented - Embracing innovation and change, recognising the need to continually learn new skills in order to meet business needs
Your mission
To enable hyperexponential by driving frictionless, user friendly and well controlled financial processes
Owning finance data, ensuring the accuracy and comprehensiveness of these data sets, to power decision making across the business.
To support the growing international operations of hyperexponential.
The General Accountant will initially focus on supporting the scaling of processes within finance and the broader central operations team, however, we expect this role to quickly expand as the team and company grows. The right candidate will help shape this newly formed function as we rapidly develop our operations to meet the expanding requirements of a fast growing company.
Key responsibilities
Support & manage accounting processes, leveraging latest tools and techniques to create workflows which are automated, user friendly and include appropriate controls.
Own key financial control processes across all subsidiaries of the group including developing them as the business requirements evolve.
Support and thereby help ensure that hyperexponential is compliant with all tax regulations within the UK and overseas.
Ensure that principal balance sheet control accounts are reconciled and up to date.
Support the group accounting function by ensuring intercompany transactions are accounted for correctly and intercompany accounts agree within the group.
Support the management of the Group’s AR balances
Assist with the audit process.
Assisting the finance the monthly financial reporting process and ad-hoc analysis for the operations as required.
Supporting a number of other critical processes related to systems and data, including ensuring our people management system contains complete and accurate information
Help ensure that hyperexponential maintains compliant with all relevant accounting and tax regulations by maintaining up to date job knowledge
Initial Deliverables
Deliver day-to-day accounting requirements including;
Support the billing process
Liaise with sales and customers on AR balances that are overdue.
Manage the intercompany charging within Group policies
Liaising with third party providers, clients, advisors and auditors
Run critical key monthly processes
Control account reconciliations
Intercompany account reconciliation across multiple currencies
Tax returns
Manage the management accounts process and ledger controls
Maintain, develop and update financial policies as required
Persona
If you're the right fit for this role, you will be able to show clear evidence that you:
have a solid understanding of financial accounting operations in an international group environment and are ready to stretch yourself to the next level
take pride in operating efficiently and accurately - timely and accurate financial data is critical to enabling good decision making within our business
are adaptable - our business if growing rapidly and the finance team will need to constantly change and improve our processes to support changing business requirements
are dependable - we operate in a high-trust environment, so it is vital that everyone can count on you to deliver what you promise, when you promise it
Experience and skills
Experience with a similar role, having covered the breadth of finance operations processes with experience of international groups
ACCA or ACA qualified with 2+ years post qualification experience
Strong technical accounting knowledge and stakeholder management skills
Demonstrated ability to constantly review and improve processes
Highly self-motivated and proactive with the ability to operate autonomously, effectively prioritise and execute tasks in a high-pressure environment
Experience in a high-growth environment would be an advantage, but is not essential
Interview process
Initial call with our Talent team
Hiring Manager Interview with Financial Controller
Values interview with our COO
What do we offer?
Competitive salary + very staff-friendly share options
£5,000 for individual and group training and conference budget
25 days holiday plus 8 bank holiday days (33 in total)
Company pension scheme via Penfold
Mental health and therapy provision via Spectrum.life
Individual wellbeing allowance via Juno
Private healthcare insurance through AXA
Top-spec equipment (laptop, screens, adjustable desks, etc)
Regular remote & in-person hackathons, lunch & learns, socials and games nights
Team breakfasts and lunches, snacks, drinks fridge, fun office @ The Ministry
Huge opportunity for personal development and mastery as we grow together!
Diversity @ hyperexponential
We are committed to diversity and equal opportunity. We’re a talented and high-energy, but low-ego and kind team who believes that the more inclusive we are, the better our work and culture is. We are not yet where we want to be in terms of balance, but it is our mission to build a team that represents a variety of backgrounds and perspectives and we are working hard towards that goal.
Check out our blog at https://www.hyperexponential.com/blog
Please note that background checks will be conducted as part of the hiring process to ensure compliance with our governance policies. We handle all background checks sensitively and in full compliance with relevant regulations. All applicant data will be processed in accordance with data protection regulations and our privacy policy.
