About the job Head of Finance
As a Financial Manager, you will oversee the financial health of the group of companies, providing detailed financial analysis, budgeting, and reporting. You will play a crucial role in ensuring compliance, preparing for audits, and providing strategic insights to drive business growth. This role is essential in a dynamic startup environment, requiring adaptability, a hands-on approach, and effective collaboration with various teams. You will also manage and internalise key financial functions, including accounts payable, accounts receivable, invoicing, payroll, VAT, local taxes, and annual filings.
Qualifications:
- Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
- Minimum of 5 years of experience in finance or accounting, preferably in the fintech or technology sector.
- Strong knowledge of financial regulations and accounting standards in multiple jurisdictions.
- Proficiency in financial modeling, budgeting, and forecasting.
- Experience with accounting software and financial management systems.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Ability to thrive in a fast-paced, dynamic startup environment and adapt to changing priorities.
Key Responsibilities
Financial Planning & Analysis:
Develop and implement financial strategies.
Prepare and analyse financial statements, reports, and forecasts.
Lead the annual budgeting process and prepare monthly, quarterly, and annual forecasts.
Financial Reporting and Compliance:
Ensure accurate and timely financial reporting, including preparing investor reports and board packs.
Ensure compliance with financial regulations and standards, and prepare for external and internal audits.
Prepare financial statements in accordance with required standards.
Cash Flow and Working Capital Management
Manage company cash flow and liquidity.
Optimize working capital management.
Develop strategies for effective cash utilisation.
Internalising Financial Functions:
Manage accounts payable and accounts receivable.
Oversee invoicing processes and ensure timely collections.
Handle payroll, VAT, local taxes, and annual filings in each required jurisdiction.
Maintain audit readiness and compliance with financial regulations.
Strategic Financial Planning Initiatives:
Provide financial insights and recommendations to the management team.
Support strategic initiatives with financial analysis and recommendations.
Collaborate with the team on commercial models.
Support fundraising efforts, including preparing financial projections and due diligence materials.
Monthly Reviews and Reporting:
Lead monthly reviews with the management team, presenting financial reports and insights.
Identify areas for improvement and provide actionable recommendations.
How a Financial Manager is evaluated
- Maintain audit readiness and compliance with financial regulations.
- Deliver timely and accurate financial reports and forecasts.
- Effectively manage company cash flow and optimize working capital.
- Provide strategic financial insights that contribute to business growth.
- Maintain high ethical standards and build trust with stakeholders.
- Successfully lead and develop the finance team, fostering a culture of continuous improvement.
- Efficiently manage and internalise accounts payable, accounts receivable, invoicing, payroll, VAT, local taxes, and annual filings.