Head of Finance / CFO

Are you a talented & passionate Head of Finance, who wishes to grow into the role of CFO?

  • Would you like to be part of a team that develops new products for a new fin-tech company, specialized in attractive, secure and cost effective payment solutions?
  • Would you like to help establish financial standards from scratch?

Then we like YOU to join our dynamic PaySociety team.

About us

PaySociety (PS) is soon to incorporate, and will launch its own proprietary Global Payment Network & Associated Services. These new payment solutions will transform the daily payments, including shopping, restaurants, hotels, petrol stations, internet payments, payments for your business, sending funds overseas, by providing transactions which are secure, faster, and at lower cost. Following receipt of appropriate financial licenses, we anticipate a phased launch such that our Global Payment Network will enable associated services at phase 1 covering more than 30 countries, and with further phases reaching up to 70 countries.

Responsibilities

  • Audit, tax/legal administration, cash management, accounting, budgeting and forecasting;
  • ensure compliance with government rules and regulations;
  • coordinate the timely and accurate preparation and consolidation of US GAAP and IFRS management reporting;
  • perform budget, projection and cost center planning and coordinate with other departments and group Office counterparts;
  • review internal work done by subordinates and ensure procedures and system controls being properly compiled with;
  • responsible for system development and modification to meet the changing requirements;
  • manage the capital planning and initiate any necessary actions to ensure that applicable requirements are met at all times;
  • strengthen controlling function within the Group and the related business units;
  • reporting to the managing partners, you will be responsible for all monthly, quarterly and annual financial and management reporting, company secretarial and tax and compliance and all in-house financial and treasury matters for the operation;
  • write business/financial plans and have regular & good contact with VCs, investment banks and other financial institutions;
  • be the financial contact for internal the MD and Management Team and external the financial world and investors;
  • assist in advising on and setting up Business plan and the financial structure and manage to develop a finance plan, based on the business plan and other documentation;
  • manage the creation of a pricing strategy based on our product lines and to prepare proposals for inter-company billing and checking of the balances;
  • manage the employees responsible for the preparation of procedures and instruction for the business processes of the company;
  • manage the employees responsible for the bookkeeping (multi company and multi country) and the implementation of requirements for AML and for other external requested information.

Requirements

  • University graduate in finance, accounting or related discipline with relevant professional qualifications of CPA, ACCA or equivalent;
  • proven practical experience in group financial, management accounting and management;
  • 7 – 10 years of experience in leading accounting position and solid experience in accounting of financial sector;
  • strong leadership, communication and interpersonal skills with good analytical and judgment mind;
  • highly disciplined, international thinking and energetic with positive work attitude;
  • extensive corporate finance, M&A and investor relations experience;
  • IPO experience a plus;
  • ability to work under pressure with tight deadlines and to communicate effectively with management globally flexibility to work outside of normal business hours to accommodate discussions and interaction with colleagues located in other regions and time zones, occasionally at short notice;
  • excellent analytical, written and oral communication skills with the ability to clearly communicate ideas, in English and other foreign languages, to diverse business audiences;
  • strong project management experience and an ability to manage multiple projects simultaneously;
  • general knowledge of U.S.A/EU/Asian banking industry practices, specifically in respect of payments, posting, billing and customer facing delivery systems;
  • previous experience of working in an international location, across different cultures and with teams based in different countries;
  • project management and/or treasury management certifications is a plus;
  • frequent travel trips are required, to our global and expanding office network.

Qualifications

  • Affection with IT and development;
  • good writing, presentation & communication skills;
  • flexibility and hands-on capabilities;
  • non-corporate attitude approach;
  • team player;
  • Self-driven professional attitude;
  • willing to work in a dynamic environment;
  • taking leadership as Head of Finance / CFO for a global company;
  • experience with multi-company and multi-country financial bookkeeping;
  • experience with standards financial systems;
  • skill at controlling procedures and instructions for the business processes;
  • managing the production of monthly, quarterly and annual financial tax, compliance reports and other international needed reports;
  • manage the controlling of the balances in the in-house systems with the company actual positions.