Director of Business Operations

Posted 2 Days Ago
Be an Early Applicant
London, Greater London, England
Senior level
Fintech • Software • Sports
Our mission at Smarkets is to fix the betting industry with the best products and best prices.
The Role
The Director of Business Operations at Smarkets will provide strategic leadership across finance, compliance, and people teams. Responsibilities include establishing a premier finance function, overseeing cost control and budgeting, managing risk, and supporting senior leadership in financial strategies and planning. This role requires expertise in regulatory compliance and experience in high-growth sectors, including technology.
Summary Generated by Built In

Smarkets is a betting exchange for sports and political trading that has handled over £29 billion in volume since 2010. We are upending the sports betting industry by growing a platform that offers the best value for bettors, with not only the fairest odds but also the best technology, alongside a superior customer experience.

We believe the foundation to our success is attracting the best people to our organisation and creating a high performance environment where they can thrive. We are searching for an atypical candidate with a wealth of business experience to use their commercial mindset to put our people and hiring teams at the centre of our strategic success.

This is a key role working across the business at a senior level and reporting to the COO. You will be responsible for providing strategic leadership across our critical Core functions, Finance, Compliance, and People teams, with a primary focus on establishing a best-in-class finance function.

About You:

  • A Director of Finance or Director of Operations with a finance background
  • Prior experience as a senior leader in a technology-led venture or private equity-backed business
  • Experience in a startup environment, as well as knowing what good looks like in a 250+ employee business
  • Competitive mindset, with a demonstrable track record in creating high-performing business operations functions in a lean entrepreneurial environment
  • Comfortable leading FPnA / Commercial finance / Strategic finance initiatives as well as partnering with COO and CEO on future fundraising activities
  • Mentor multiple teams across finance, compliance and people functions and support their growth with a clear vision of what best practice looks like from larger company environments
  • Happy to get your hands dirty in high-risk areas such as tax, financial audits and regulatory compliance to deliver results for the business

Responsibilities

  • Provide senior strategic leadership to the Core functions of the business, Finance, Compliance and People teams.
  • Be hands-on in establishing a best-in-class finance function covering all the key areas of strategic planning, Financial planning and analysis, BI, investor relations, management reporting, tax and treasury.
  • Own the preparation of consolidated monthly management accounts with analysis and commentaries
  • Support the rollout of effective and efficient cost control and budget processes across the business.
  • Continue to evolve and improve existing processes, using technology as much as possible to automate
  • Provide the CEO and COO strategic guidance and support on financial and tax strategies.
  • Interface directly with the management team, Board and investors ensuring they have a clear sense of the overall financial health and potential risk areas of the company
  • Establish themselves as a strong “co-pilot” by supporting the COO in strategic planning and driving the delivery of the business plan
  • Ensuring the management team and Board have a clear view of risk, including regulatory risk stemming from licensed activities as well as general business risk
  • Provide support and guidance to the leads of the compliance and people functions, acting as the senior internal advocate for these areas of the business

Desirable Attributes

  • Personal interest in sports, exchanges, trading and betting
  • Experience with regulated industries such as finance, payments or gambling
  • Prior international exposure, including multi-currency and country accounts (UK and US)
  • Previously developed robust financial practices and controls for a high-growth technology company

Our Values

  • Push to win
  • Make others better
  • Give a shit
  • Be a pro
  • Bring the energy

Benefits

We offer a competitive salary package and benefits, along with a dynamic and collaborative work environment. Your work with us will make an impact and your voice will be heard.
We are a diverse team with a strong work ethic and plenty of hunger to win. We have designed our benefits offering around Health, Wealth, Lifestyle and Development.

These include:

  • Stock options which vest over 4 years
  • Pension scheme - An impressive pension scheme is available via Aviva. We will match 6% if you choose the same
  • Health insurance
  • Fresh fruit and snacks provided in the office every day (tea, coffee, soft drinks also included)
  • We’re a member of a cycle-to-work scheme
  • We want to continue to invest in all our employees and do so by providing a £1000 yearly education budget that can be used on courses, conferences, books or training
  • 25 days paid holiday + bank holidays to enjoy - you have the choice to carry over 5 days to the next year
  • 20 days a year of global working - we provide the ability to work from anywhere in the world for up to 20 days a year
  • We will provide you lunch everyday in the office - you don't need to worry about what to make or buy for lunch as we have it sorted with top quality food served by our in-house chef Alex!

Top Skills

Finance
The Company
Los Angeles, CA
150 Employees
Hybrid Workplace
Year Founded: 2008

What We Do

Smarkets is a peer-to-peer exchange platform for sports and political trading that has handled over $32 billion in traded volume since 2010. Our goal is to upend the sports betting industry by creating a transparent platform that offers not only the fairest prices but also the best technology and customer experience.

Why Work With Us

Be part of a startup within a startup. We're a team of over 150, boasting employees of more than 40 nationalities. We recently signed a Series B investment round and are looking to grow with a focus in expanding our footprint in the US.

https://smarketshq.com/an-exciting-new-chapter-cac548782380

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