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Full-Time

Senior Finance Manager

UK

Confirmed live in the last 24 hours

Blank Street

Blank Street

201-500 employees

Specialty coffee shop with efficient service

Food & Agriculture
Consumer Goods

Mid, Senior

London, UK

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
SAP Products
Requirements
  • 4-6 years of relevant experience in corporate finance; accounting, CFA or CPA is a plus but not required
  • Knowledge of and experience with ERP systems and implementations; Netsuite, Brex, Coupa, SAP, would be a plus
  • Excellent written & verbal communication
  • Extreme attention to detail
  • Bachelors and/or Masters in Accounting/Finance/Economics
Responsibilities
  • Lead the UK Finance function with responsibilities for the general ledger, AR/AP, and all reporting systems while ensuring compliance with GAAP and internal management reporting requirements
  • Manage monthly financial close in a timely and accurate manner, including preparation of reconciliations of all revenue and expense accounts, fixed assets, prepaids, accruals, journal entries, review of inventory, and variance analysis
  • Work with Accountants on the Finance team to evaluate, develop, and implement accounting policies and controls, including documentation and technical memos
  • Work closely with Facility Operations teams for routine 4-wall location reporting & analysis, including budget vs actual reporting, while ensuring completeness and accuracy
  • Manage revenue recognition and master the order to cash/delivery process
  • Manage annual audit and tax filings with external firms
  • Manage equipment leases and accounting for operating and capital leases
  • Partner with department leaders to understand key issues and business drivers and run point on financial models and forecasts, and increase efficiency of periodic reporting
  • Build, forecast against and maintain annual budgets

Blank Street offers high-quality coffee and food at affordable prices, starting from a small coffee cart in Brooklyn and expanding to major cities like New York and London. Their business model focuses on efficiency, allowing them to source specialty coffees and fresh food while keeping costs low. The Blank Street app enhances customer convenience with features like ordering ahead and loyalty programs. The goal is to redefine the coffee shop experience by combining quality, affordability, and exceptional service.

Company Stage

N/A

Total Funding

$121.4M

Headquarters

New York City, New York

Founded

2020

Growth & Insights
Headcount

6 month growth

20%

1 year growth

48%

2 year growth

72%
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Simplify's Take

What believers are saying

  • Rapid expansion into major cities like New York, London, and Boston indicates strong growth potential and market acceptance.
  • Innovative initiatives like the matcha menu and partnerships with brands like Stanley and Shoreditch Nails highlight Blank Street's ability to create unique customer experiences.
  • The introduction of the subscription program 'Regulars' aims to build a loyal customer base, providing a steady revenue stream.

What critics are saying

  • The specialty coffee market is highly competitive, requiring continuous innovation to maintain customer interest and market share.
  • Rapid expansion could strain operational capabilities and lead to inconsistent customer experiences across locations.

What makes Blank Street unique

  • Blank Street's focus on small, cost-effective locations allows it to offer high-quality coffee at affordable prices, unlike traditional coffee shops with higher overhead costs.
  • The company leverages technology through its app for ordering ahead, customizing drinks, and loyalty programs, enhancing customer convenience and engagement.
  • Blank Street's commitment to paying above-market wages ensures a motivated workforce, which is a significant differentiator in the service industry.