Company

Novel Capital is a FinTech startup providing innovative revenue-based capital products to transform how companies fund their growth. Our innovative platform provides financing to tech and subscription companies that in many cases don’t fit the traditional banking or venture-capital equity models. Moreover, we seek to separate from transactional relationships and see ourselves as partners and advisors on all things capital. You can read more on revenue-based financing from Quartz, the New York Times, and TechCrunch.

Role

Reporting to the COO, the Sr. Finance & Accounting Manager will be responsible to manage the accounting and finance operations for our rapidly growing company. Duties for the financial controller will include maintaining up-to-date accounting records, ensuring accuracy of financial information, publishing financial statements, evaluating and managing risk, ensuring compliance with regulations, analyzing financial data, monitoring expenditure, forecasting revenue and coordinating auditing processes. Previous experience working with large debt facility providers and investors reporting is preferred.

• Plan, direct and coordinate all accounting operational functions
• Prepare monthly financial reporting for leadership team, company investors and debt capital providers.
• Manage the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results across multiple entities
• Coordinate activities to ensuring timely completion of annual tax filings and audits
• Develop and maintain cash forecasts and budgets
• Evaluate current accounting operations and internal control systems. Offer recommendations for improvement and implementing new processes
• Develop and monitor business performance metrics
• Oversee regulatory reporting, including tax planning and compliance
• Manage junior accounting staff and third-party service providers
• Work closely with leadership team to ensure company goals are met

• Bachelor’s degree in business, finance or accounting, CPA preferred
• Preferably experience in a fintech or financials services environment
• Experience or capability to lead all facets of the finance function in a rapidly growing company
• Technical knowledge of loan accounting and management practices
• Working knowledge of software including QBO, Expensify and Bill.com. Proficiency with financial modeling in Excel
• Proven success developing new accounting and finance processes
• Demonstrated ability to manage and complete complex projects on time
• Must have an appetite to acquire new knowledge and skills quickly and independently
• Ideal candidates will be excited by the startup environment and will have experience building financial operations from startup through growth phase
• Experience with lending operations and structured finance is a plus

Novel Capital’s fintech funding platform breaks down the traditional growth barriers faced by today’s B2B software companies. Their tech-first approach makes it easy for customers to leverage future recurring revenue for immediate access to non-dilutive capital. Paired with online data-driven insights and curated resources, the Novel platform empowers entrepreneurs to capitalize on their momentum.