Head of Finance

About fundcraft:

fundcraft is on a mission to create the digital infrastructure for alternative asset managers. We develop and operate a custom-built platform that centralises all fund back-office operations and stakeholders, allowing asset managers to focus on their core business. As a fully licensed AIFM and central administrator, fundcraft can meet the fund operations needs of private equity, venture capital, and funds of funds. 

Our in-house team has developed a platform that centralises, coordinates, and incrementally automates all fund operations, including transfer agency, accounting, portfolio and risk management, and compliance, among others. Our platform brings together all the necessary stakeholders, such as asset managers, banks, depositaries, lawyers, auditors, etc., to operate an alternative investment fund. Our unique focus on transparency enables asset managers to regain control of their operations, improving the quality and efficiency of their back-office functions. 

At fundcraft, we are committed to empowering asset managers with cutting-edge technology that drives unparalleled agility, efficiency, and scalability. By harnessing the collaborative power of our platform, we help our clients achieve greater responsiveness, agility, and cost-efficiency in an ever-evolving financial landscape.

About the role:

As a Head of Finance, you will play a crucial role in overseeing the financial operations for Luxembourg and Spanish entities. You will be responsible for executing budget and financial planning, compliance, risk management and for ensuring accurate financial reporting, regulatory adherence, and strategic financial decision-making. Moreover, the role further drives efficiency in treasury management, defines and implements strategic tax initiatives and optimizes financial operations, contributing to the organization's success.

You will be in charge of all internal financial topics, cooperating directly with the executive committee members. You will lead and scale a team and serve as their mentor, developing their skills to support them in achieving their full potential. Challenges you may encounter include navigating evolving regulatory landscapes, optimizing financial processes to enhance efficiency and effectiveness, and mitigating risks associated with our evolving sales & marketing strategy. Additionally, balancing short-term financial objectives with long-term strategic goals will demand agility and strategic foresight. Your ability to proactively identify and address challenges while driving continuous improvement will be paramount to success in this role.

Key Responsibilities:

• In charge of managing the financials of Luxembourgish and Spanish legal entities.

• Financial Planning and Analysis (FP&A):

  • Develop and oversee the financial planning and budgeting process

  • Conduct regular financial analysis to identify trends, variances, and key performance indicators (KPIs)

  • Provide insightful financial reports to aid decision-making

• Compliance and Regulatory Reporting:

  • Ensure compliance with Luxembourgish and Spanish financial regulations, accounting standards, and tax laws

  • Oversee the timely and accurate preparation of financial statements and reports for regulatory authorities

  • Coordinate with internal and external auditors to facilitate annual audits and address audit findings

• Treasury Management:

  • Manage cash flow and liquidity across all entities, optimizing working capital and ensuring adequate funding.

  • Implement and monitor effective treasury policies

• Tax Planning and Strategy:

  • Develop and execute tax strategies to ensure a low-risk the tax position of the Luxembourgish and Spanish entities, including transfer pricing and intercompany recharging

  • Stay updated on changes in tax laws and regulations, ensuring compliance and identifying opportunities for tax efficiency

• Financial Operations:

  • Oversee day-to-day financial operations, including accounts payable, accounts receivable / invoicing & cash collection, and general ledger activities

  • Implement and maintain robust internal controls to safeguard financial assets and ensure accurate financial reporting

  • Identify and assess financial risks, including currency and interest rate risks

  • Develop and implement risk mitigation strategies to protect the financial health of the entities

• Financial Systems and Processes:

  • Implement and optimize financial systems to streamline processes and enhance efficiency.

  • Ensure the integration of financial systems with other business processes for seamless operations.

• Strategic Financial Planning:

  • Contribute to the development of overall business strategy by providing financial insights and recommendations.

  • Collaborate with senior management to align financial goals with broader organizational objectives.

• Stakeholder Communication:

  • Communicate financial results, forecasts, and key financial metrics to internal and external stakeholders

  • Collaborate with other departments to ensure financial alignment with overall business goals

• Vendor management

  • Manage the vendor landscape through contract management, vendor selection, negotiation, renewal, and cancellations

  • Ensure transparent archiving and maintenance of all vendor-related contracts

Must-Have Experience / Qualifications:

• You hold a Bachelor's or Master’s degree in Finance, Accounting, Business Administration, or a related field

• You have substantial experience in finance and accounting roles, including a minimum of 5-10 years in progressively responsible positions

• You have previous experience in a leadership role overseeing financial operations and managing a finance team, developing and implementing tax strategies to optimize the overall tax position

• You have experience working with or overseeing financial operations in multiple jurisdictions, particularly in Luxembourg and/or Spain

• You are familiar with the regulatory and tax environments

• You have a deep knowledge of financial principles, accounting standards, and regulatory requirements.

• You have a relevant understanding of tax laws and regulations 

• You have a good command of English. Spanish and/or French are a plus. 

Skills & Behaviors:

• You have a strong analytical skills with the ability to analyze complex financial data and provide meaningful insights

• You have an excellent communication and interpersonal skills to effectively interact with internal and external stakeholders

• You have a strategic mindset with the ability to align financial goals with overall business strategy

• You have the ability to adapt to evolving business environments and lead through organizational changes