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Broking Support Lead @Capsule Insurance In respect of SaaS, AI, Life Science/HealthTech, Consumer & Commercial (Insurance for High-Growth…
Finance Assistant
at Capsule Insurance
We created Capsule just three years ago with the belief that insurance could be done better, faster and act as a true force for good in business and beyond. Turns out we were right, and since then we’ve been going up and up in the world (even if we say so ourselves). We're on a strong growth trajectory delivering well ahead of our £20m plan for 2023, and on track for our vision to be a £100m business by 2028. Our clients include some of the UK’s most successful tech scale-ups including Volt Payments, Moneybox, Curve and Kroo Bank. Many of our customers are backed by the UK’s top venture capital firms. One of our first goals in setting up our business was to become a B-Corp, a status we’re incredibly proud to have achieved in 2022 and 10% of our clients are B-Corps themselves.
We’ve got insurance expertise on our side, too. Our founders, Tom and Liam were part of the core team who built and exited Top 50 broker, Kingsbridge Insurance - where they grew the business by 12x over six years and delivered a successful exit. We are backed by US-based Insurtech ‘soonicorn’, Vouch.
We’re now a team of 50+ brilliant and ambitious Capsulites and growing fast. To drive the next phase of our journey we’re looking for new people to join the ride. Sound good? Here’s what we’re looking for.
About this Finance Assistant role
As the business grows, the support needed in the finance department is expanding and this role will give us the capacity to continue to support the wider business and to develop our systems and processes for a more dynamic approach to the finance function.
The successful candidate’s main role and responsibilities include but are not limited to:
* Monitoring the Finance inbox
* Processing bills on our accounting system Xero
* Ensuring bills are correctly input and have the appropriate authorisation using Approval Max
* Setting up regular payment runs
* Managing and paying expenses for a growing team
* Weekly bank reconciliations on Xero
* Maintaining a close eye on the purchase ledger to ensure suppliers are paid in a timely manner
* Monitoring cashflow
* Month end procedures such as maintaining control accounts and month end reporting.
* Communicating effectively with suppliers and other teams across the business
* Support the broking team in dealing with client and insurer queries.
* Working with the wider Capsule team to develop better ways of operating, implementing processes and tools to continuously improve the value we deliver to our clients and our accuracy and efficiency
This role reports directly to the Financial Controller and you must be able to work collaboratively with teams across the business to support on key cross-department initiatives.
About you:
* You will have experience in a finance role, and a keen interest in making this role your own.
* You will be self-motivated and keen to develop and grow with the role.
* Attention to detail, consistency and accuracy are key to this role.
* Basic understanding of a purchase ledger role will be preferred
* Xero accounting and Approval Max software is intuitive, full training will be given if you are not familiar with it.
* You will have a natural affinity to numbers and be confident working in Excel.
* You will be confident to develop the role as it grows.
* You should be comfortable working in an environment where entrepreneurship is valued and teamwork, collaboration and commercial outcomes are expected.
* You should be happy to work in a fast paced, busy environment, and able to manage your workload effectively to meet deadlines.
* This role will suit someone who is considering or has already started studying AAT.
Everything we can offer you:
* Salary: competitive, depending on experience
* Study support and rewards
* Bonus – generous annual bonus
* A chance to be part of a fast growing and entrepreneurial team where you get the freedom to shape your work and really make an impact
* We want everyone at Capsule to feel the upside of growth, so each Capsulite owns a share of the business. By joining now, you’ll be getting in on the scheme.
* Capsule is a place where we’re all growing and stretching ourselves, which means taking time to switch off is important. Everyone has 25 days paid holiday each year, plus their birthday as an extra day off (because we believe no one should work on their birthday) and paid time off between Christmas and New Year to rest and recharge.
* Part of being a force for good in business is being generous with our time and skills, everyone at Capsule can take up to 10 days off per year to volunteer for causes they are passionate about.
What makes a Capsule person:
* Problem solvers and people who can take leaps – we're the first of our kind in the UK, which means there isn’t a well-trodden path for any of us to follow. You’ll need to be able to generate ideas and practical solutions without a set of rules.
* ‘People’ people – we love our clients, and we wouldn’t exist without them. We also know the success of our business rests on the quality of our relationships both with our customers and with each other as a team. We’re a warm and generous bunch and everyone at Capsule needs to be brilliant at communicating and forging trust quickly with others.
* Sharing our vision – working at Capsule requires energy, tenacity and commitment. You’ll need to feel passionate about the idea that business can be a force for good and feel excited about helping to make that happen.
* Responsible – at Capsule we all take pride in our individual contributions, make sure that we follow through on our promises and taking care with the details.
Important stuff to know:
When we’d like you to start: Early April 2025
Where the role is based: Cheltenham HQ / Tewkesbury Co-Working – this is a hybrid role
Sounds like you’d be a perfect match for this role? Great!
Apply here by sending a cover letter and CV to Gill.Downes@capsulecover.com
Seniority level
* Entry level
Employment type
* Full-time
Job function
* Finance and Sales
* Industries
* Insurance
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