Accounts & Finance Executive

Job Title: Accounting and Finance Manager

Job Summary:

The Accounting and Finance Manager will oversee the financial operations and reporting for two companies: a technology startup scaling rapidly through local and regional expansion, and a medical device distribution company with diverse sales channels. This role requires strong financial acumen, adaptability, and expertise in managing complex financial processes across industries. The successful candidate will play a pivotal role in ensuring financial health, compliance, and strategic planning to support growth objectives.

Key Responsibilities:

1. Financial Management and Reporting
   1. Prepare and analyze monthly, quarterly, and annual financial statements for both companies.
   2. Consolidate financial reports and provide key performance metrics to stakeholders.
   3. Ensure compliance with local and regional financial regulations and tax requirements.
   4. Maintain accurate and up-to-date financial records for auditing and internal reviews.
2. Budgeting and Forecasting
   1. Develop and manage budgets for the tech startup and medical device distribution company.
   2. Conduct financial forecasting to support strategic decision-making and fundraising efforts.
   3. Monitor budget variances and provide actionable insights to management.
3. Fundraising Support for the Technology Startup
   1. Collaborate with the executive team to prepare financial models and projections for Series A fundraising.
   2. Support due diligence processes by ensuring accurate and timely provision of financial data.
   3. Assist in evaluating and implementing funding strategies to support scaling efforts.
4. Revenue and Cash Flow Management
   1. Oversee revenue recognition and ensure accurate invoicing for monthly leasing payments for the tech platform.
   2. Daily invoicing for medical device sales to hospitals, pharmacies, and online channels.
   3. Monitor accounts receivable and payable to ensure healthy cash flow.
   4. Implement cost control measures to optimize profitability.
5. Supply Chain and Inventory Management (Medical Device Distribution)
   1. Collaborate with supply chain and operations teams to ensure efficient inventory management.
   2. Analyze cost structures and recommend improvements in procurement and logistics.
   3. Support the implementation of robust systems for tracking inventory levels and replenishments.
6. Financial Systems and Automation
   1. Evaluate, implement, and optimize accounting software and tools to improve efficiency.
   2. Automate financial processes where possible to reduce manual workloads.
   3. Ensure integration of financial systems with sales and supply chain platforms.
7. Leadership and Collaboration
   1. Act as a financial advisor to senior management for both companies.
   2. Liaise with external auditors, tax advisors, and regulatory bodies as needed.
8. Risk Management and Compliance
   1. Identify financial risks and propose mitigation strategies.
   2. Ensure compliance with industry-specific regulations, including medical device standards and tech platform licensing.

Qualifications:

1. Bachelor’s degree in Accounting, Finance, or a related field; CPA/ACCA or equivalent preferred.
2. Minimum 5 years of experience in accounting or finance roles, with exposure to startups or distribution businesses being a plus.
3. Strong knowledge of financial regulations, accounting principles, and tax laws.
4. Proficiency in accounting software (e.g., Autocount, Navision) and financial modeling tools.
5. Excellent analytical, problem-solving, and communication skills.
6. Ability to multitask and manage priorities across two distinct businesses.
7. Experience with fundraising and investor relations is highly desirable.

Personal Attributes:

1. High level of integrity and professionalism.
2. Adaptability to work in dynamic and fast-paced environments.
3. Strong leadership and interpersonal skills.
4. Strategic mindset with attention to detail.

Reporting Structure:

This position will report directly to the Chief Executive Officer (CEO) for the technology startup and the General Manager for the medical device distribution company.