Full-Time

Chief Financial Officer

CFO

Posted on 4/27/2024

Wheely

Wheely

201-500 employees

Luxury chauffeur service for premium travel

Automotive & Transportation

Senior, Expert

Hammersmith, London, UK

Office-based role located in Hammersmith.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • Operating in a senior finance role (Director/VP of Finance, CFO) within a high growth, internationally scaling technology business (B2B, B2C, SaaS)
  • Background in FP&A, accounting or commercial finance
  • Building and leading a robust finance team
  • Managing capital allocation, setting KPIs across all functions, and leading the weekly business review
  • Operating in an international business where they would have played an integral role in expansion and growth in international markets
  • Experience with setting up finance and/or accounting processes from scratch, including implementing finance management software
  • Creating operational excellence in a scaling business; ensuring appropriate and robust systems around financial control, tax, and audit, under different jurisdictions at an international scale
  • Experience with managing complex international tax issues
Responsibilities
  • Form part of the leadership team responsible for the successful and sustainable growth of Wheely
  • Play a key role in setting the strategic direction of the business alongside the founders and senior leadership team
  • Leverage the board and investors to help achieve goals, deliver meaningful business outcomes, and positively influence the strategic direction of the company
  • Build, develop, and provide hands-on leadership to an effective Finance team (15+)
  • Shaping the equity story/supporting the founder & board on fundraising and fielding Q&A
  • Maintaining and improving the drivers of shareholder value around; Incremental revenue, operating margin, cash generation, capital expenditure, working capital investment, cost of capital etc.
  • Lead the implementation of the financial planning system
  • Drive performance management through the setting up and maintaining of OKRs, KPIs, appropriate business analysis, revenue projections, and forecasting processes to facilitate short, medium, and longer term business and operational planning across all functions to help decision-making
  • Implementing a global financial consolidation across all aspects of the business, in order to leverage the existing markets in which Wheely operate and expand in to new ones
  • Develop and grow the FP&A and commercial finance function across the unit economics, metrics and drivers that are key to Wheely model, supporting decision making across all functions of the business
  • Develop a strong budgeting and forecasting process to support Wheely’s growth in existing markets as well as new market entry
  • Leading the operational finance side of the business (budgeting, cash flow, forecasting, treasury, tax, and audit) and owning the weekly business review
  • Preparation of management accounts, budgets, and forecasts for the business and monitoring performance against plans
  • Interacting and managing key external relationships including investors, auditors, lawyers, and clients
  • Consolidation of global revenues across all international markets
  • Oversee all AR/AP, bookkeeping, and tax declaration processes
  • Play an integral role in international expansion by ensuring Wheely has a financial structure that is fit-for-purpose, including the management of legal entities, international tax, transfer pricing, and currency exposure
  • Owning and improving internal processes such as procurement, vendor management, and expense approvals
  • Partnering with other functions (Legal, HR) to automate and streamline document flow and decision making process

Wheely offers a premium chauffeur service in the luxury ride-hailing market, catering to clients who desire a more refined travel experience. The service allows users to book single or multiple luxury vehicles, such as the Mercedes Benz V Class, either on demand or in advance, making it especially popular for airport transfers. Chauffeurs are highly professional, dressed in suits and ties, and provide personalized touches to enhance the travel experience. Wheely stands out from competitors by offering a fixed pricing model, which eliminates fare fluctuations and provides clients with clear costs for their journeys. The goal of Wheely is to deliver a seamless, comfortable, and elegant transportation option for business professionals and high-net-worth individuals in major cities.

Company Stage

Series B

Total Funding

$41.9M

Headquarters

London, United Kingdom

Founded

2010

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for luxury travel experiences post-pandemic boosts Wheely's market potential.
  • Expansion into Dubai taps into a high concentration of affluent individuals.
  • Growing trend of digital transformation enhances customer experience through Wheely's app.

What critics are saying

  • Increased competition from local luxury ride-hailing services in Dubai.
  • Uber's luxury service launch in London poses a direct threat to Wheely.
  • Economic sanctions affecting Russia may disrupt Wheely's operations and revenue streams.

What makes Wheely unique

  • Wheely offers a bespoke, five-star chauffeur service with luxury vehicles.
  • The company provides fixed pricing, appealing for airport transfers and pre-planned journeys.
  • Wheely's chauffeurs are highly professional, offering personalized touches like door-opening.

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

Benefits

Health Insurance

Dental Insurance

Life Insurance

Flexible Work Hours

Stock Options

Company Equity

Professional Development Budget

INACTIVE