Commercial Finance Manager

MyTutor is the UK’s leading online platform for one-to-one learning, and we’re building a future where access to high-quality learning is stress-free for those who can afford it, and funded for those who can’t. 

You can find a good taster of who we are, our culture & our ethos via the video linked here.

Our handpicked community of over 10,000 tutors work online with students from all walks of life and have already delivered over a million lessons. We’re proud of the fact that over 1,300 schools have chosen to work with us, and that we’ve earned a Trustpilot rating of 4.8/5 (You can also check out our tutors’ ratings here.)

Every role at MyTutor is open to applications from all sections of society. We see potential in every individual regardless of: race, ethnic origin or nationality; religion or belief; physical or neuro-ability; socio-economics or age; marital, domestic or civil partnership status; sexual orientation, gender identity, or any other characteristic that makes you… well, you.

We are committed to conscious inclusion to create a sense of belonging, connection and shared purpose within our teams. We know it’s the right thing to do, and we know it will make us all happier, fulfilled, and successful in our work. You can also find a copy of our current Gender Pay Gap report here and we are continuing to build our roadmap of creating a more diverse and inclusive workforce.

What’s it all about?

As we continue on the path to profitability, the finance department has a critical role in providing robust financial control, and high calibre decision support. 

The commercial finance manager is responsible for leading our company-wide planning processes with support of more junior team members, and acts as the first line of support to our B2B and B2C business units partnering commercial and operational stakeholders across both. The role reports to the Finance Director and will be part of the senior leadership group alongside the Financial Controller and Head of Legal.

Safeguarding is everyone’s business at MyTutor – we are committed to safeguarding and promoting the welfare of children, young people and adults, and we expect all directors, staff and tutors to share this commitment. This post is subject to a basic DBS check as this role will have access to children’s data.

What’s in it for you?

• The opportunity to work across two different business models with experienced senior leaders.
• The chance to help define the future operating model for the BUs balancing successful financial outcomes with end user propositions.
• A chance to design and implement financial tools that can help to bring clarity across wider teams and improve the quality of financial support.
• A fast moving environment where you're encouraged to experiment and move quickly.
  

The Day to Day

• Owning logistics and model for two formal planning events (budget and 6+6) and enabling more dynamic re-forecasting during intervening periods
• Supporting the FD in building long-range models to project revenue trends for the two BUs and how investments are considered into future
• Working with revenue Ops, SLT and GMs to coordinate budget and 6+6 revenue projections for 6+6
• Partnering our commercial function led by our co-founder and MD across our two UK sales channels reviewing weekly/monthly trading and helping to design and deliver actions to improve performance
• Working with our data and revenue operations teams to deep dive into available information and inform better forecasts
• Reviewing candidate product development to assess financial viability (ROI)
• Reviewing trends on unit economics to track performance vs. budget targets, and underlying profitability
• Working across legal and commercial stakeholders to ensure financial terms are well understood
• Reviewing and approving 1 payment run a month as a senior member of the finance management team

Requirements

Who will you be?

• You are qualified accountant with 4+ years relevant experience post qualification
• You will have experience working in commercial finance ideally with experience working in both B2B and B2C business models in a fast paced and scaling environment (even better if you’ve worked in a market place)
• You’ll be able to adapt your style to different audiences with strong presentational skills across different mediums (e.g. face to face, formal presentations, written communication)
• You’re content working in ambiguity and thrive on not having defined tasks to fill the diary
• You have a curious mind, will ask thoughtful questions and challenge the status quo
• You’re a  proficient user of Excel/Google sheets, with the ability to build and adapt existing finance models and tools as well as building new ones
• Although not a major part of the role you’ll have a  grounding in financial control and who is able to identify potential risk factors where new processes are regularly established

Benefits

Perks & Benefits

• A salary of £80,000 to £85,000 p.a. 
• Hybrid working, with 3 days a week spent from our London office (Brick Lane)
• 25 days holiday, plus 1 ‘time for me’ day and flexible bank holidays
• Flexible working arrangements possible, around MyTutor’s core hours
• Workplace pension & salary exchange scheme
• Health & Wellbeing benefit options, plus cycle, tech and gym schemes
• Enhanced parent policies and workplace nursery scheme
• A personal L&D budget of up to £350, pro-rated for part-time employees
• Inclusive policies supporting all staff to flourish, and a wide range of MyTutor communities & networks
• Regular team events & socials
  

Interview process

• Screening Call with our Talent Lead
• 1st Interview - Interview with Finance Director and another member
• 2nd Interview - Practical task, you’ll be provided with information and format ahead of the meeting (with Finance Director and a business stakeholder)
• Final Interview - Culture & Values Add interview including meeting one of our co-founders