Finance Director

at  Deminor

1000 Brussels, Brussel-Hoofdstad - Bruxelles-Capitale, Belgium -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate17 Nov, 2024Not Specified18 Aug, 202410 year(s) or abovePrivate Equity,International Environment,Finance,Accountability,English,Alternative InvestmentsNoNo
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Description:

To respond to the demands of our growing team and to support our business expansion as smoothly as possible, Deminor is looking for a Talented Finance Director to lead the next phase of our growth.
We are seeking someone with an entrepreneurial, global mindset and broad financial experience, ready to make a significant impact in a dynamic environment. The Finance Director will form a strong partnership with the management committee, playing a pivotal role in supporting company growth and ensuring the effective operation of financial functions.

Some of the key responsibilities are outlined below:

  • Financial Leadership
  • Develop and execute financial strategies aligned with the group’s long-term goals and growth plans.
  • Provide strong leadership to the Accounting and Support team, fostering a culture of excellence, collaboration, and continuous improvement.
  • Collaborate with other departments to streamline processes, optimize resource allocation, and drive organizational efficiency.
  • Identify funding needs. Provide guidance on the cash forecasts, funding plans and general economic outlook so as to support strategic thinking on business growth and profitability
  • Serve as a trusted advisor to the management committee and board of directors, providing financial expertise and guidance on strategic initiatives.
  • Manage relationships with financial institutions and external investors backing our business.
  • Play an active role in external capital raises
  • Financial Reporting and Operations:
  • Establish and maintain a solid reporting system towards the management committee, Board of Directors and external investors.
  • Ensure all aspects of daily financial operations run effectively and efficiently.
  • Oversee financial operations, including budgeting, forecasting, cash flow management, and risk assessment.
  • Implement controls and processes to ensure compliance with regulatory requirements and internal policies.
  • Supervise accounting and financial monthly, quarterly and annual reporting, as well as weekly cash flow reporting.
  • Track cash flow and budgets and compare them against forecasts.
  • Financial Planning and Analysis:
  • Develop and maintain comprehensive financial models and forecasts to support strategic decision-making and resource allocation.
  • Conduct variance analysis and performance reviews to identify trends, opportunities, and areas for improvement.
  • Prepare accurate budget forecasts so that management can make informed decisions about future investments, budget spending or cuts.
  • Present financial insights and recommendations to the management committee, Board of Directors, and other stakeholders.
  • Develop a monthly reporting package that includes new investments, deployments on investments, expected income from investments, cash buffer and needs, metrics, variance analysis, and business trends which will support corporate presentations to investors. Develop meaningful insights and business actions from the results.
  • Risk Management:
  • Assess and mitigate financial risks, including market volatility, credit, currency and interest rate risk, and regulatory compliance.
  • Stay informed about changes in regulations and industry best practices, ensuring timely updates to policies and procedures.
  • Coordinate internal and external audits, liaising with auditors and regulators to address any findings or concerns.
  • Monitor and update our 5-year business plan when necessary.
  • Monitoring financial risk and proposing solutions to mitigate certain risks, including by making use of insurance, hedging or other risk mitigation techniques
  • Capital raises
  • Keep track of performance data and update investor presentations for regular meetings with existing and new investors
  • Prepare data and complex models for capital raises
  • Liaise with external advisors
  • Play an active role in external capital raises, attend investor presentations and actively participate in term sheet and final contract negotiations with the company’s CEO and legal team

How To Apply:

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Responsibilities:

Some of the key responsibilities are outlined below:

  • Financial Leadership
  • Develop and execute financial strategies aligned with the group’s long-term goals and growth plans.
  • Provide strong leadership to the Accounting and Support team, fostering a culture of excellence, collaboration, and continuous improvement.
  • Collaborate with other departments to streamline processes, optimize resource allocation, and drive organizational efficiency.
  • Identify funding needs. Provide guidance on the cash forecasts, funding plans and general economic outlook so as to support strategic thinking on business growth and profitability
  • Serve as a trusted advisor to the management committee and board of directors, providing financial expertise and guidance on strategic initiatives.
  • Manage relationships with financial institutions and external investors backing our business.
  • Play an active role in external capital raises
  • Financial Reporting and Operations:
  • Establish and maintain a solid reporting system towards the management committee, Board of Directors and external investors.
  • Ensure all aspects of daily financial operations run effectively and efficiently.
  • Oversee financial operations, including budgeting, forecasting, cash flow management, and risk assessment.
  • Implement controls and processes to ensure compliance with regulatory requirements and internal policies.
  • Supervise accounting and financial monthly, quarterly and annual reporting, as well as weekly cash flow reporting.
  • Track cash flow and budgets and compare them against forecasts.
  • Financial Planning and Analysis:
  • Develop and maintain comprehensive financial models and forecasts to support strategic decision-making and resource allocation.
  • Conduct variance analysis and performance reviews to identify trends, opportunities, and areas for improvement.
  • Prepare accurate budget forecasts so that management can make informed decisions about future investments, budget spending or cuts.
  • Present financial insights and recommendations to the management committee, Board of Directors, and other stakeholders.
  • Develop a monthly reporting package that includes new investments, deployments on investments, expected income from investments, cash buffer and needs, metrics, variance analysis, and business trends which will support corporate presentations to investors. Develop meaningful insights and business actions from the results.
  • Risk Management:
  • Assess and mitigate financial risks, including market volatility, credit, currency and interest rate risk, and regulatory compliance.
  • Stay informed about changes in regulations and industry best practices, ensuring timely updates to policies and procedures.
  • Coordinate internal and external audits, liaising with auditors and regulators to address any findings or concerns.
  • Monitor and update our 5-year business plan when necessary.
  • Monitoring financial risk and proposing solutions to mitigate certain risks, including by making use of insurance, hedging or other risk mitigation techniques
  • Capital raises
  • Keep track of performance data and update investor presentations for regular meetings with existing and new investors
  • Prepare data and complex models for capital raises
  • Liaise with external advisors
  • Play an active role in external capital raises, attend investor presentations and actively participate in term sheet and final contract negotiations with the company’s CEO and legal tea

We believe that to be successful in this role you will need to demonstrate many of the following attributes and skills:

  • A master’s degree in business or finance
  • Significant experience in corporate finance / project finance / investment banking / alternative investments / VC or private equity gained at a professional services firm, an investment firm, a major corporate or a Big 4 accounting firm
  • Ability to lead across both operational and strategic spheres
  • 10+ years’ experience in a fast paced, international environment with high professional standards and demanding clients
  • Experience in a Financial leadership position managing the end to end financial cycle
  • Deep understanding of the financial services sector with a track record of solving challenges and developing methodologies and processes
  • Excellent internal and external facing communicator, well organised and able to drive and manage accountability of the wider team
  • Experience of managing relationships with stakeholders
  • Experience in a regulated environment is desirable
  • Excellent command of English is required
  • Strong sense of initiative, curious and pro-active
  • An action-oriented style, with experience in actively driving growth while resource constrained, with a startup mindset
  • Team worker
  • Capacity to work under tight deadline


REQUIREMENT SUMMARY

Min:10.0Max:15.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Business, Finance

Proficient

1

1000 Brussels, Belgium