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UK Financial Accountant

About Us

Parity is one of the world's most experienced teams developing core blockchain infrastructure at the protocol level, building the open-source technologies that will lay the foundation for the new decentralised internet. Parity was founded by Dr. Gavin Wood, co-founder and former CTO of Ethereum, the primary engineer behind the Ethereum Virtual Machine (EVM), inventor of the Solidity programming language, and primary author of the Ethereum Yellowpaper.

We believe in a decentralised web that respects the freedom and data of individuals and empowers developers to create better services. Our vision is to create a world based on truthful, rather than trustful, interactions.

With a remote-first, global team, Parity is building open-source technologies for developers and organisations to implement and build upon. Our Web3 tech stack includes PolkadotSubstrate, and Kusama.

People in Our Collective Are

  • Highly motivated to contribute to Parity's mission and be part of something bigger

  • Excited to work on projects that are groundbreaking and complex

  • Autonomous workers that self-initiate, but also collaborate well with others

  • Taking maximum accountability and having minimum ego at work

  • Comfortable with chaos and adapting to the ever-changing Web3 space

  • Continuously educating themselves about Parity and the wider ecosystem

About the team

Join our energetic and collaborative finance team of five, primarily based in the UK, and become part of the backbone of Parity’s financial operations. We play a pivotal role in managing the group’s finances across five global entities, overseeing the budget process, conducting cross-team financial analysis, and ensuring accurate and timely reporting. Additionally, we maintain compliance with international and local regulations and provide insightful analysis to guide key decisions. The team also handles the unique complexities of crypto asset management, ensuring proper controls and reporting in this fast-paced and evolving environment. We’re actively involved in nearly every business decision, assessing financial impact and driving initiatives that shape Parity’s success.

About the position

We are seeking a recently qualified Financial Accountant to join our dynamic finance team, reporting directly to the Director/Head of Finance. In this role, you will support the global team by driving key financial processes and controls across our five global entities. Your responsibilities will include managing month-end close processes, preparing financial statements, working closely with accounts payable and ensuring compliance with local and international regulations. You will also contribute to planning and executing strategic initiatives, developing insightful financial reports, and enhancing operational efficiency. This role will require close collaboration with cross-functional teams, oversight of audit preparations, and involvement in managing crypto asset reporting. This is a unique opportunity to work in a fast-paced, innovative environment with exposure to cutting-edge blockchain technology and global financial operations.

Responsibilities of the role will include

  • Prepare monthly management accounts with accurate variance analysis and insightful commentary for board reporting (P&L, balance sheet, and cash flow)

  • Oversee the finance corporate calendar, ensuring all deadlines, filings, and compliance requirements are met and maintained across all jurisdictions

  • Support the assessment, improvement, and monitoring of financial controls across processes and systems to mitigate risks, prevent incidents, and ensure compliance, while improving the finance playbook to provide greater transparency and consistency across the organization

  • Stay up to date on financial reporting and regulatory changes in the digital asset space

  • Continuously review and improve processes and systems to ensure efficiency

  • Assist the team with audits, compliance, and ensuring adherence to reporting standards

  • Ensure timely receipt and review of deliverables prepared by external service providers (VAT and Payroll)

  • Work closely with the accounts payable analyst to maintain smooth processes and ensure timely invoice coding and accruals

  • Perform ad-hoc business and financial analysis to support the business as they scale

About you

  • Exam-Qualified / Qualified, ACA certification

  • 2-4 years of experience in accounting, finance or related field

  • Proficiency in financial reporting, reconciliation, and audit preparation

  • Experience with FRS/IFRS accounting standards 

  • Familiarity with blockchain technology or strong interest in learning about the crypto sector

  • Proficiency in excel and accounting software preferred

  • Strong analytical skills and attention to detail

  • Excellent communication skills and ability to work collaboratively in a team

  • Self-motivated, able to work towards deadlines

About working for us

  • Competitive remuneration packages based on iterative market research, including tokens (where legally possible)

  • Great opportunity for a new qualified accountant to gain responsibility faster than traditional industries

  • A great opportunity to work for a major player in one of the fastest growing and most exciting industries

  • Team mates that are genuinely excited about their impact and projects

  • Access to the brightest minds in this space to learn about Web3 and develop your skills and knowledge while on the job

  • Becoming part of the wider ecosystem (career and networking opportunities)

  • Team and company-wide retreats

 

Those joining our collective as an employee in Germany, Portugal, Switzerland and the U.K. also enjoy benefits such as health care, parental leave, PTO (28 days per year), local team events, yearly L&D budget, and language classes.

 

Parity is an Equal Opportunity Employer. We welcome diversity in our global team and care about everyone in our collective feeling included and welcome.

 

View our Applicant Notice to see how we use your data.

 

Is this position not quite your match? Browse our other open roles.

Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About UK Financial Accountant, Parity

Join Parity as a UK Financial Accountant and become an essential part of our dynamic finance team! We are on a mission to shape the decentralized internet and create a world based on truthful interactions. As a recently qualified accountant, you will be diving into the exciting complexities of managing finances across our five global entities. Your role will involve preparing monthly management accounts, overseeing compliance with international regulations, and collaborating closely with cross-functional teams. With a focus on crypto asset management, you will be at the forefront of financial operations within the rapidly evolving blockchain landscape. At Parity, you’ll not only develop insightful financial reports but also enhance operational efficiency. You’ll continuously review processes and systems, ensuring adherence to reporting standards while having the opportunity to contribute to crucial strategic initiatives. If you are self-motivated, detail-oriented, and eager to learn in an innovative environment, this role is for you! You will be part of a talented and passionate team ready to make a genuine impact in the fintech space. Let’s drive impactful financial solutions together and contribute to building the future of Web3 technology!

Frequently Asked Questions (FAQs) for UK Financial Accountant Role at Parity
What are the main responsibilities of a UK Financial Accountant at Parity?

As a UK Financial Accountant at Parity, you will manage month-end close processes, prepare financial statements, and ensure compliance with local and international regulations. Your duties will also include conducting variance analysis, overseeing the finance corporate calendar, and supporting audits while collaborating closely with various teams to achieve financial efficiency.

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What qualifications are required for the Financial Accountant position at Parity?

To qualify for the Financial Accountant position at Parity, you should hold an ACA certification and have 2-4 years of experience in accounting or finance. Proficiency in financial reporting, familiarity with FRS/IFRS accounting standards, and strong analytical skills are essential. A keen interest in blockchain technology will serve as a significant advantage.

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How does Parity support its Financial Accountant team in their professional development?

Parity offers competitive remuneration packages and ample opportunities for professional growth. As a Financial Accountant, you'll benefit from access to industry experts, team retreats, and a yearly learning and development budget to enhance your skills. We foster a culture of continuous education about both finance and the broader blockchain ecosystem.

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What type of software proficiency is expected for the Financial Accountant role at Parity?

Candidates for the Financial Accountant role at Parity should be proficient in Excel and familiar with accounting software. This expertise will be crucial for effectively managing financial reporting and reconciliation tasks, as well as ensuring compliance with accounting standards.

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What is the work culture like for a Financial Accountant at Parity?

At Parity, the work culture is collaborative and autonomous. Financial Accountants are encouraged to take initiative, adapt to fast-paced changes, and contribute to innovative projects. You'll be part of a supportive team that values each member's input and expertise while working towards common goals in the evolving blockchain landscape.

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Common Interview Questions for UK Financial Accountant
Can you describe your experience in month-end closing processes?

When discussing your experience in month-end closing processes, outline specific actions you've taken to ensure accuracy and timeliness, mentioning any software used. Providing examples of challenges faced and how you overcame them will highlight your problem-solving skills.

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How do you ensure compliance with accounting standards?

To effectively answer this, describe your familiarity with relevant standards such as FRS and IFRS. You can also mention past situations where you successfully implemented compliance measures, showing your commitment to best practices.

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What techniques do you use for variance analysis?

Explain the process you follow for variance analysis and the importance of analyzing budget vs actual performance. Give examples of how you've utilized variance insights to inform business decisions and improve financial outcomes.

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How do you prioritize tasks in a fast-paced environment?

Communication is key! Share your methods for prioritization, such as utilizing task management tools or creating detailed schedules. Providing an example of a time when you juggled multiple responsibilities successfully will strengthen your response.

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Describe a challenging audit experience you’ve encountered.

In answering this, focus on providing context about the audit's complexity, the steps you took to prepare, and how you collaborated with colleagues to achieve a successful outcome. This shows your ability to manage pressure while ensuring compliance.

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What is your understanding of the role of blockchain technology in finance?

Outline your understanding of blockchain and its implications for the finance industry. Discuss any specific experiences or projects you've had that relate to blockchain, emphasizing your readiness to work in this innovative space.

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How do you approach financial reporting?

Discuss your systematic approach to financial reporting, focusing on accuracy, timeliness, and reliance on data integrity. Highlight the importance of aligning reports with business objectives and your experience in delivering reports to stakeholders.

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What software tools are you proficient in for financial analysis?

Mention the software tools you are proficient in, such as Excel, accounting software, or financial modeling tools. Provide an example of how you've used these tools to deliver superior financial insights in your previous roles.

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How do you stay updated on changes in financial regulations?

Share your strategies for keeping up with financial regulations, such as subscription to industry newsletters, attending webinars, or engaging in professional networks. This demonstrates your proactive approach to professional development.

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What is your experience with cross-functional collaboration in finance?

Detail any previous experiences working with departments outside of finance, illustrating how you facilitated communication and ensured financial goals aligned with broader business objectives.

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Parity Technologies is a core blockchain infrastructure company. It is creating an open-source creative commons that will enable people to create better institutions through technology. This started with work building Ethereum. Today, Parity is fo...

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Full-time, remote
DATE POSTED
January 9, 2025

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