Senior Finance Manager
About the Business Area:
Senior Finance Manager to develop and execute our accounting and financial policies and processes so that we can meet our financial growth goals. This individual will be working closely with the Chief Financial Officer to ensure that our books are kept up to date and accurate for quick decision making and reporting. The Senior Finance Manager must be extremely detail-oriented yet efficient and have a deep understanding of IFRS. This leader will need input from a variety of areas and must be an effective collaborator. The ability to lead and build teams, troubleshoot, manage relationships, and create foundational systems in chaotic and often disorganized environments is critical to this role. This role will be ever-changing and will require the candidate to be flexible and open-minded.
Details of the Role:
Accounting & Controllership:
o Manage all accounting processes for the company, ensuring the integrity of system postings, and ensure the completion of monthly and year-end close procedures and reporting including preparation of financial statements and supporting schedules.
o Develop and ensure compliance with, all necessary policies and procedures relating to financial systems and processes, credit control and payments, including responsibility for management and development of the company ERP systems and customer and supplier records.
o Assist the annual audit process, including liaising with external auditors, ensuring the provision of necessary support at all times.
o Responsible for the due execution of corporate tax and VAT compliance reporting, in all jurisdictions where the group is present
o Monitor the financial control environment and processes for the company to ensure that compliance with all company policies and procedures is fully maintained, and identify weaknesses and opportunities with recommending improvements and corrections to the financial reporting environment.
o Maintain all the company corporate documents, records and files to ensure they are secure, safe and used in the most efficient and effective manner possible.
o Management of the company cash flow, ensuring the development and maintenance of strong relationships with the finance, administration and operations departments of clients and suppliers as well as financial institutions to obtain their support in achieving the company’s financial requirements and obligations to staff, suppliers and shareholders.
Financial Planning & Analysis:
o Support in the development of annual budgets for the company and work closely with the business analyst and department heads to produce the consolidated annual budget for management approval, as well as monthly actual and forecast reporting
o Monitor expenditures, analyze revenues and margins, and determine budget variances, ensuring the accurate and timely distribution of reports and performance results for management review and effective decision-making.
HR, administration and other back-office support:
o Support with the contracts, visas, insurance and other related administrative task related to employees, interns, contractors and consultants
o Keep a record of legal documents as required
o Maintain all company insurance policies
o Compensation and benefits management and payment
o Coach and manage an efficient team of direct reports including training and motivation, instill a culture of excellence in order that the company plan is achieved, and the organization is capable of meeting current and future goals and objectives.
o Regularly present findings to the CEO and Directors of the business
o Support in other adhoc requests and reports
The Ideal Candidate:
To be successful in this role you should have the following experience and skills:
- Bachelor´s degree in a relevant area (e.g. Business Administration, Finance, Economics,…)
- MBA, Master´s degree in Finance or Accounting or advanced degree preferred
- Minimum of 7 years’ experience in a similar position;
- Experience with Big 4 is highly beneficial
- Experience in IFRS and structured accounting work that meets global standards;
- Experience in working in a fast-paced environment or Startup
- Excellent knowledge of tax accounting, compliance and all types of tax returns;
- High Expertise in MS Excel, Powerpoint and Word.
- Strategic thinking and commercial awareness
- Time management and organizational skills
- Problem-solving and analytical skills
- Ability to work under pressure to meet tight deadlines
- An interest in, and understanding of, e-commerce, luxury retail, and high growth businesses
- Ability to work in a start-up environment with moving goal-posts
- Full professional proficiency in English is a must
The Modist is the world’s first exclusive luxury e-commerce platform dedicated to modest ready-to-wear fashion and has been heralded as a leading company in innovation (Fast Company) fashion (Vogue, Glamour, Style) and is actively changing the perception and conversation around modesty and empowerment! Founded by Ghizlan Guenez in 2017, The Modist launched with the goal of smashing stereotypes around ‘modesty’.
We carry over 200 luxury and contemporary designer brands curated for a modest and high fashion aesthetic including our own brand ‘Layeur’, The Modist ships to over 120 countries globally and is headquartered between Dubai and London.
A dynamic and fast-paced business with the values of inclusivity, diversity, innovation and the empowerment of women at its core, we are looking for a Business Analyst to ensure that The Modist remains ahead of the curve and achieves the high growth vision that it has set out to achieve.
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