Vice President - Group Financial Control

Posted 05 July 2024
Job type Permanent
DisciplineFinancial Leaders & Executives, Corporate and Professional Services
ContactPaul Lanigan

Job description

Our client is an exciting and entrepreneurial international Research & Development organisation with offices in Ireland and the US. Through their cutting-edge research technology, they are identifying and extracting valuable nutrients and compounds that can enhance overall well-being. Through this, the organisation strives to manage and improve human health and make our food system more sustainable.

As a result of continued growth, they now seek to appoint a Vice President, Group Financial Control to their rapidly expanding business. The central purpose of this role will be to act as a strong right-hand controller to the strategic Chief Financial Officer and to lead the accounting, tax and treasury functions for the company. This represents a unique opportunity to build a scalable platform for the rapid growth of a company poised to make a significant positive impact on our planet and our species while creating massive enterprise value.

The Position

The Vice President of group Financial Control will act as a change agent to design the blueprint to make the accounting function more efficient and effective through the use of technology and better processes. You will also be responsible for setting the tone for the culture of the group, leading by example through a hands-on management and leadership style. Working closely with users of economic data, you will ensure that the right kind of information is available to allow for better decision support and drive the business agenda outside of their day-to-day controllership responsibilities.

For the right candidate, this means they would join an ambitious and entrepreneurial business with the autonomy to design the structure and future state of the financial and accounting function. This an incredible opportunity to be involved in setting up the business from the ground up and to play an integral part in the success of business which has a significant purpose to make everyday products safer, healthier and greener. As you lead on their journey of substantial growth, and this would provide you with the toolkit to assume a high impact Chief Financial Officer position in the future.

This role will ideally be based out of their Dublin office on a hybrid basis and may require some limited travel to the US.

Specific Responsibilities would include:

  • Responsible for assessing the current state of play, reviewing processes and procedures, and then determining the necessary (re)design and implementation of amended or new accounting processes and procedures as appropriate.
  • Own the global close process and related reporting, including revenue recognition, general ledger, and consolidations across all regions (at present UK, Ireland, and US).
  • Manage all international entities and adhere to transfer pricing arrangements with global subsidiaries as well as the worldwide treasury, tax & cash flows of the group including areas such as Sales Tax, Global Tax optimization initiatives, PFIC/CFC analyses, and R&D tax credits where relevant.
  • Leverage & propose technology to build scalable/sustainable processes to create efficiencies, streamline accounting operations, and improve employee and customer experience.
  • Implement the company's first ERP system (migrating from AIQ) and partner with senior leaders to architect, implement and govern financial dimensions and master data.
  • Benchmarking and coordinating with industry peers on standard methodologies related to accounting, systems, policies, and processes is expected as well as to build, hire & coach a world-class accounting team.
  • Interact with senior executives and the board regarding financial matters as needed.
  • Administer payroll & benefits across different regions and geographies ensuring compliance and timely delivery.
  • Assist in the development & enhancement of customer contracts, vendor contracts and global company equity/stock plans.
  • Manage and oversee the month-end close to enable value-added management reporting to support decision-making at the company.
  • Lead the annual audit and all supporting processes that enable the books to be reported timely and accurately and in compliance with all accounting standards.

The Person

To be considered for this Vice President of group Financial Control, you will need to be a qualified accountant (ACA or ACCA) with extensive experience at a leadership level in a fast-growing business. Further to this, it would be important that you can demonstrate experience in strategic process & procedures design as well as involvement in an ERP implementation.

Suitable candidates would need to be extremely organised, able to multitask effectively ('fly the plane while fixing the plane') and have solid judgement about when to hold the line versus when to be flexible given the stage of the business.

Specifically, we are looking for high achievers with the following experience and competencies:

  • You will be a Qualified Accounting Professional (ACA/ACCA) working in a fast-growing finance/accounting leadership role.
  • Ideally, you will have a strong foundation generated by time with one of the "big 4" audit firms and have a minimum of 10-15 years in a finance role with increasing responsibility.
  • A deep understanding of cost accounting at a group level, along with BOMs and international consolidations is essential.
  • You will have experience designing or redesigning core business processes and implementing an ERP and other software.
  • A thorough understanding of IFRS required U.S. GAAP, PCAOB and IIA Standards for the Professional Practice of Internal Auditing updated for the COSO guidelines is required.
  • You will have deep experience in relation to technical accounting policies and controls including SOX compliance and SEC requirements ideally.
  • Experience in developing and embedding the effective use of financial systems and controls to facilitate the execution of risk-based audits.
  • Extensive IFRS knowledge is essential, and you would ideally have US GAAP accounting knowledge as well.

The Benefits

  • Opportunity to be a leader in a high potential business focussed on sustainability as it scales rapidly over the next few years.
  • The opportunity to develop the necessary skills for a CFO opportunity in a large multinational organisation in the future.
  • Highly competitive remuneration package
  • Opportunity to build your career in business that is going to make an impact on human health in a sustainable way.

To discover more about this opportunity, apply now for a confidential discussion.