Finance Associate

at  Borrow A Boat

Borrow A Boat is at the forefront of the boat holiday industry, helping customers access boat rentals and charter services globally.
With operations in London, Amsterdam, Berlin, and Athens, our European-based platform covers all three key market segments in boat rental - day-hires, boating holidays, and luxury crewed charters.
In the nautical industry, we are positioned as the next big disruptor!
We are currently seeking a highly motivated Finance Associate to join our expanding team. This role offers an exciting opportunity to play a key part in shaping the financial future of the company in a fast-paced, innovative environment. You’ll collaborate closely with senior management and cross-functional teams to ensure financial integrity and help drive the company’s strategic objectives forward.

Tasks

• Budget Planning & Financial Modeling: Lead the development of detailed financial models in partnership with management and cross-functional teams to support strategic planning and decision-making.
• Cash Flow & Budget Management: Update and refine quarterly cash flow forecasts and perform monthly budget vs. actual analysis, ensuring financial performance aligns with business targets.
• Payment Oversight: Manage and streamline all payment-related processes, ensuring timely and accurate execution, and oversee the control of payments related to bookings in collaboration with the supplier team.
• Cost Management: Proactively track division spend, monitor financial performance metrics, and provide insights to optimize resource allocation across company units.
• Financial Reporting: Assist in preparing financial statements in line with accounting standards, coordinating with external bookkeepers and other financial partners.
• KPI Reporting: Prepare monthly KPI and management reports, as well as board-level financial presentations, ensuring accurate and timely insights into business performance.
• Point of Contact for Cash Flow Procedures: Serve as the primary contact for payout procedures, ensuring all cash flow-related activities are managed efficiently and accurately.
• Collaboration with External Stakeholders: Liaise with auditors, accountants, tax advisors, and legal counsel to ensure compliance with financial regulations and the smooth functioning of financial audits.
• Process Improvement: Help establish and improve internal workflows for budgeting, reporting, and approval processes to enhance operational efficiency and financial transparency.
• Investor Relations Support: Assist the CEO in managing investor relations, providing insights and financial data to stakeholders and preparing reports for fundraising or capital discussions.

Requirements

• Experience: 2-3 years of financial experience in a leading audit firm, investment banking, or a similar role in a startup or fast-growing company.
• Education: A degree in Business Administration, Finance, Accounting, or a related field. An advanced degree or certification (e.g., CFA, ACCA) is a plus.
• Financial Modeling Skills: Strong analytical skills with a deep understanding of financial modeling and budgeting processes. Proficiency in Excel is essential.
• Accounting Knowledge: Familiarity with IFRS and other relevant accounting standards is required.
• Communication Skills: Excellent English communication skills, both written and verbal. Proficiency in German or French is an added advantage.
• Attention to Detail: Strong problem-solving skills with a high level of attention to detail and accuracy in financial analysis and reporting.
• Team Player: A collaborative mindset with the ability to work cross-functionally and influence business decisions.

Benefits

• Growth Opportunities: Unlock your full potential with our supportive training and ample chance to grow and develop within the company
• Collaborative Team Culture: Join a supportive and diverse team that values collaboration, creativity and an inclusive work environment.
• Performance Bonus: Be appreciated for your hard work and good performance through our employee recognition program, rewards and high incentives.
• Hybrid and mobile work policy: You can enjoy the flexibility of working from home one day a week. Also, you can take advantage of our 30-day mobile work policy during the off-season, allowing you to work from anywhere in the world.
• Exciting Company Events: Engage in fun and memorable company events, team-building activities, and social gatherings that bring our team closer together.
• And, of course, boat holiday discounts!

Dare to dream big, challenge the status quo, and become an integral part of our passionate mission to the way the world sets sail. Join us at Borrow A Boat

• Budget Planning & Financial Modeling: Lead the development of detailed financial models in partnership with management and cross-functional teams to support strategic planning and decision-making.
• Cash Flow & Budget Management: Update and refine quarterly cash flow forecasts and perform monthly budget vs. actual analysis, ensuring financial performance aligns with business targets.
• Payment Oversight: Manage and streamline all payment-related processes, ensuring timely and accurate execution, and oversee the control of payments related to bookings in collaboration with the supplier team.
• Cost Management: Proactively track division spend, monitor financial performance metrics, and provide insights to optimize resource allocation across company units.
• Financial Reporting: Assist in preparing financial statements in line with accounting standards, coordinating with external bookkeepers and other financial partners.
• KPI Reporting: Prepare monthly KPI and management reports, as well as board-level financial presentations, ensuring accurate and timely insights into business performance.
• Point of Contact for Cash Flow Procedures: Serve as the primary contact for payout procedures, ensuring all cash flow-related activities are managed efficiently and accurately.
• Collaboration with External Stakeholders: Liaise with auditors, accountants, tax advisors, and legal counsel to ensure compliance with financial regulations and the smooth functioning of financial audits.
• Process Improvement: Help establish and improve internal workflows for budgeting, reporting, and approval processes to enhance operational efficiency and financial transparency.
• Investor Relations Support: Assist the CEO in managing investor relations, providing insights and financial data to stakeholders and preparing reports for fundraising or capital discussions