Full-Time

Finance Assistant

Posted on 3/1/2025

PhysicsX

PhysicsX

11-50 employees

AI-driven simulations for advanced industries

Compensation Overview

£25k - £28kAnnually

Entry

London, UK

Hybrid working setup for flexibility and work-life balance.

Category
Financial Accounting
Financial Analysis
Financial Planning
Accounting
Required Skills
Financial analysis
Requirements
  • Recent graduate or an early-stage junior accountant ideally pursuing or an interest in pursuing ACCA qualification, with a strong interest in international accounting standards and compliance (UK, US)
  • Keen to develop technical skills in data management as part of financial analysis and reporting
  • Confidential, structured, reliable, detail-oriented, and diligent
  • Collaborative, friendly in engaging with teams with a make stuff happen attitude
  • Happy to work in a dynamic, fast-paced environment; Able to calmly deal with urgent requests and re-prioritise tasks, while providing up-front visibility to other members in the team of potential impacts
  • Willing to adhere to existing processes but excited to develop process improvements in co-ordination with team members
Responsibilities
  • Management of accounts inbox, processing invoices in preparation for bi-weekly payment runs
  • Payroll administration including onboarding of new staff
  • Employee expense processing (e.g., travel) ensuring adherence to all applicable policies
  • Implementation of cost control systems and departmental reporting
  • Support onboarding process with customers and suppliers
  • Ad-hoc financial support, as needed by the business
  • Being responsible for month end reporting including prepayments, accruals, and fixed asset register
  • Supporting the creation of month end reporting packs with input into P&L reviews
  • Deep diving into existing processes and streamlining them
  • Supporting the creation of forecasts, business plans and budgets, in collaboration with senior management
Desired Qualifications
  • Some experience with accounting & business software Xero and excel beneficial but not essential

PhysicsX enhances the design and operation of machines in advanced industries using artificial intelligence (AI) and simulation engineering technologies. The company serves clients in renewable energy, healthcare, and transportation, helping them create more efficient designs and processes, such as improving artificial hearts and reducing vehicle emissions. Unlike competitors, PhysicsX offers specialized AI-driven simulations tailored to specific industry needs, generating revenue through project-based work and long-term contracts. The goal is to unlock engineering breakthroughs that positively impact society and the environment.

Company Size

11-50

Company Stage

Series A

Total Funding

$31.1M

Headquarters

London, United Kingdom

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Collaboration with Siemens enhances PhysicsX's capabilities in AI-based aerodynamics simulations.
  • $32 million Series A funding boosts growth and research expansion for PhysicsX.
  • UK's AI market growth offers expansion opportunities for PhysicsX.

What critics are saying

  • UK's AI startup surge may dilute PhysicsX's market share.
  • Dependence on AWS poses data security and service reliability risks.
  • Rapid AI advancements require continuous innovation to avoid obsolescence.

What makes PhysicsX unique

  • PhysicsX uses AI to revolutionize machine design in climate and health sectors.
  • Their LGM-Aero model reduces aerospace concept development time from months to hours.
  • PhysicsX's Ai.rplane app offers public access to advanced aerodynamics tools.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Company Equity

Paid Vacation

Parental Leave

Flexible Work Hours

Remote Work Options

Company News

Defense Here
Dec 6th, 2024
Siemens and PhysicsX unveil AI-powered deep physics model for aerodynamics

PhysicsX has also launched Ai.rplane, a public-access technology demonstrator designed to provide a set of exploratory tools for aerodynamics and aircraft structures.

Daily CAD CAM
Dec 5th, 2024
Siemens, PhysicsX Collaborate to Build AI-based Deep Physics Simulation

PLANO, TX, USA, Dec 5, 2024 - Siemens Digital Industries Software announced today its ongoing collaboration with PhysicsX, a startup leveraging generative AI to enable breakthrough engineering in advanced industries.

Design Engineering
Dec 4th, 2024
PhysicsX launches GenAI for aero engineering, Ai.rplane app for aerostructures

PhysicsX launches genai for aero engineering, Ai.rplane app for aerostructures.

PR Newswire
Dec 4th, 2024
Physicsx Introduces Free-To-Use 'Ai For Advanced Engineering' To Transform Aerospace Development

PhysicsX releases the first Large Geometry Model, LGM-Aero, for aerospace engineering, trained and provisioned on Amazon Web Services (AWS) cloud compute using more than 25 million different shapes. It reduces the time to investigate aerospace concepts from months to hours. Trained and provisioned on AWS, LGM-Aero is a geometry and physics model pre-trained on a corpus of 25+ million meshes representing over 10 billion vertices, enabling dramatic reductions in aircraft concept development time. 'Ai.rplane' is a publicly accessible reference application built on LGM-Aero meant to showcase the power of the model for generating novel aircraft designs and predicting physics associated with aircraft performance, unveiled today at AWS re:Invent 2024 (2-6 Dec, Las Vegas)

Silicon Canals
Jun 17th, 2024
The Hottest Genai Startups From London You Need To Watch In 2024

Globally, the UK ranks third in terms of the number of AI companies and private capital investment in AI. It accounts for around half of all AI private capital investment in Europe. Every year, hundreds of new AI companies are established in the kingdom, which further contributes to the growth of the industry.The AI sector employs over 50,000 people and contributes more than £3.7B to the UK economy annually. Projections suggest that by 2035, the UK’s AI market’s contribution could rise to over £550B.The UK also hosted the world’s first AI Safety Summit last year. It brought together industry experts, academia, and civil society from the EU and 28 leading AI nations to agree on the Bletchley Declaration–a commitment to mitigate the risks associated with advanced AI.One subset of AI currently making waves is the generative AI. Using machine-learning algorithms to create new content, it does tasks such as content creation, artwork production, code debugging, and many more

INACTIVE