Opontia
Opontia is on a mission to build the next-generation e-commerce group in Middle East, Turkey, Eastern Europe, and Africa by acquiring and scaling high performing e-commerce businesses selling on marketplaces, own websites, and social commerce. We are a team of e-commerce experts who are passionate about building a portfolio of best-in-class retail brands.
The Financial Controller oversees the global finance function and manages all external and internal reporting. Proficient in FP&A, budgeting and accounting, the Financial Controller works in close partnership with the business and steps in to aid the accounting function when required.
Controllership, Performance management and Business Partnering
Co-Manages (with VP Finance) the Day to Day Financial operation and acts as a guardian of the financial, operational and growth plan / budget.
Ensures the company operations (topline and bottom-line) is aligned to the board approved budget, provides for course corrections where needed and ensures execution across all levels
Partners with VPs, GMs and Department heads to provide commercial, financial, process and project management support in all areas
FP&A
Recommends and proposes organizational KPIs to steer the organization and adhere to short and long-term plans
Owns all cost efficiency initiatives
Owns, Champions, and ensures compliance with the approved authority matrix at all levels in the organization
Co-Owns (with VP Finance) the short term, long term and interim budgeting process and co-strategizes with CEOs, VPs and GMs to provide course corrections, evaluate new opportunities and manage risk
Co-Evaluates (with VP Finance) investments from the ROI lens but also in terms of team dynamics, organizational efforts and execution efficiency
Continuously evaluates opportunities for new business, process and operational efficiency
Building for Scale & Efficiency
Ensures that business processes are continuously assessed and evaluated for i) Scalability ii) Efficiency. Proposes course corrections as needed
Champions and works with others to eliminate clutter and simplify business processes to aid in scalability
Evaluates and ensures technology ecosystem is up to date and allows for scalability and efficiency
Owns the ERP system implementation and execution
Stakeholder Management
Owns and Maintain relationships with third parties including auditors, tax authorities, consultants, and certain vendors.
Owns and manages all external reporting framework
Assists the VP Finance with maintaining internal controls to safeguard company assets. Regularly participates in suggesting added controls in all organizational departments
Owns and manages all external reporting framework
Works with all departments to ensure finance and business processes are in alignment
Internal Audit
Ensures Robust internal controls are properly defined, maintained and controlled
Owns and creates internal financial policies for the organization to manage risk and optimize financial controls
Reviews and approves (endorses) all business & finance policies across the organization
Builds internal financial policies for the organization to manage risk and optimize financial controls
Regularly tests, updates and recommends to VP Finance changes to and implementation of new controls to safeguard assets and investments
Governance, Risk and Compliance
Ensures that Opontia operates within the regulatory and statutory laws of each country
Builds and regularly updates a risk register of the business. Provides recommendations and ensures execution of course correction across the organization
Works closely with legal counsel on all business matters (excluding personnel)
Treasury & cash management
Owns and manages the daily, short term and long term cash management
Owns and evaluates the company’s liquidity and financial obligations and ensures sufficient working capital available for business
Accounting Management
Validates the Month-End closing results
Commits to finalizing month end closing on the 2nd working day of the month, challenges team and other departments to ensure that this deadline is met.
Seeks to continuously improve the way the company performs its month end closing function.
Oversee the global accounting and IFRS application of all of Opontia’s entities
Consolidate and prepare elimination accounts for multiple entities within the group
Identifies and recommends necessary changes in accounting system to meet growing business needs
Ideal Profile
7-12 total years experience and with least 5 years experience in controllership (FP&A, budgeting, and accounting) and has experience in startups and or large corporate conglomerates
Certified ACCA / ACA / CA / CPA
Well-versed in dealing with complex business problems relating to trade & inventory, marketing, sales, large data and AR / AP
Multiple countries and currency management is mandatory
Proficient in consolidation accounting and IFRS
Previous experience in Big 4 and reaching the role of at least assistant audit manager
Strong leadership and strong inter-personal skills
Strong record of process improvements
Recommended Deals and Resources
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