Job description
We're looking for a Senior Accountant who will be responsible for the overall accounting operations, day-to-day financial management and financial reporting.
Nice to meet you!
Yoto is inspiring the next generation of independent, creative minds.
Our screen-free audio players let kids listen, learn and play at their own pace. All while making sure they're safe to explore what inspires them.
The award-winning Yoto Player launched in early 2020 and quickly found a home on the world's play mats, kitchen counters and bedside tables. It was later named one of TIME Magazine's Top 100 Inventions of 2020. Yoto Mini, our portable player, launched in late 2021 and has accompanied kids on countless adventures. It won a D&AD pencil in 2022.
Our Card Store has 1,000+ titles from some of the world's best creators, publishers and labels - think LEGO, Disney, Marvel, Roald Dahl and Sony. We also create Yoto Originals like this one (https://uk.yotoplay.com/products/brainbots-biggest-ideas-1).
Yoto Finance Team
Currently made up of the CFO, FC, Head of Commercial Finance and an Accounts Assistant, this role will report into the FC. We cover finance across the globe and are focused on building an excellent financial foundation which will support Yoto as it grows.
The role:
Outside of your core duties you will be expected to help continuously improve processes, controls and help to drive the function forward. In doing so, you will have the ability to manage data and leverage systems and automation, to minimise all manual tasks – Yoto is a data rich, data first company. You will also be responsible for other ad-hoc duties and projects as they arise.
The successful candidate will ideally have a strong reporting background in a previous management accountant role. Candidates must be qualified (ACA, ACCA, CIMA). Strong IT skills are required in the form of excel and accounting systems e.g. Xero and Netsuite. They will also need to have strong organizational and analytical skills, as well as excellent communication and problem-solving abilities.
What you'll be doing:
- Review and preparation of monthly management accounts – month end close procedure, preparation of reporting data, investigation of variances.
- Bookkeeping - including accruals, prepayments and other relevant journal entries.
- Ensure processes are accurate and automated (where possible) as well as design, documentation and implementation of new processes as operations evolve.
- Working with data teams to reduce manual intervention and automate repeatable tasks
- Reconcile bank and balance sheet accounts and investigate any discrepancies
- Assist with all VAT quarterly return submissions
- Review overseas sales tax submissions relating to EU, US, CA and Australia
- Assist with preparation of annual statutory accounts, the year end audit and year-end statutory tax package
- Oversee AP/AR processes including payment runs, invoice coding and credit control
- Be the first POC for any sales/purchase queries
- Stock reconciliation and sales analysis work to be done alongside the FC.
- Ensuring clear, consistent, and effective communication is delivered to the team to provide clear direction and a vision
- Effective time-management to ensure maximum performance and consistent operational delivery is achieved
- Assist with the preparation of ad-hoc requests from various stakeholders
Your skills:
- A fully qualified Accountant with a relevant Finance or Accounting Degree (ACA,CIMA,ACCA)
- Experience in a similar role with good financial management reporting, variance analysis and balance sheets reconciliations
- Knowledge of reporting standards
- Previous exposure to VAT & year-end audit processes.
- Exposure to / experience with non-UK Sales taxes
- Exposure to stock/COGS in a multi-currency environment
- Netsuite experience desirable
- Excellent attention to detail and a methodical way of working.
- Strong time management and organisational skills, with the ability to work to deadlines.
Your Characteristics:
- An individual who is confident, with good communication skills and is prepared to accept a challenge and project to develop in the role.
- Someone comfortable rolling their sleeves up and getting involved in the detail when necessary
- Energetic and self-motivated, able to work independently, and as part of a team.
- Track record of delivery
- Demonstrates excellent organisational skills with the ability to prioritise own workload to deliver against agreed deadlines.
- Demonstrates good problem-solving skills uses initiative and proactively seeks alternative methods to resolve issues/problems.
- Sense of humour!
What we offer in return:
- Generous EMI share options - we're all invested in Yoto's success
- Hybrid working with a choice based approach - we would love you to come into the office at least once a month
- A Work from Anywhere policy giving you the opportunity to work from a different location for a temporary period
- 25 days' holiday per year, plus bank holidays
- Yoto player and starter pack of cards
- 2x volunteer days a year
- Central London office in Kings Cross (if UK based)
- A collaborative tech-focused creative environment
- Company socials and celebrations, including our annual YotoFest
Salary: £50,000-£60,000 per annum, dependent on candidate experience
About Yoto
We're a Series A tech company with a well-funded and fast-growing international team.
Our offices are in London and New York, and we also have a small but perfectly formed team based in France. We have in-house expertise in hardware and software, technology development, product, marketing, commercial and retail.
We're excited to build and develop a tight-knit and energetic team to help make Yoto the next great family brand!
Flexible working and autonomy are key to life at Yoto. We support working parents because we know that life and work need to work together. And just as we share audio content from a diverse community of creators, we also strive to build an inclusive team. Our passionate DE&I group raises new voices, beliefs, and perspectives to help everyone at Yoto feel heard. Check out our website for more info on our approach to People and Planet (https://uk.yotoplay.com/pages/diversity-and-inclusion).