Position Overview: The Business Finance Manager will play a critical role in managing our financial operations, ensuring accurate payroll and invoice management, and preparing the company for successful fundraising through private equity. This role demands a strategic thinker with deep experience in IT services, exceptional financial acumen, and the ability to enhance our revenue and expense recognition processes.

Key Responsibilities:

1. Financial Management & Reporting:

   • Oversee and manage daily finance and accounting operations including payroll, accounts receivable, and accounts payable.
   • Ensure accurate and timely financial reporting in compliance with regulatory requirements.
   • Prepare and present monthly, quarterly, and annual financial statements and reports to senior management.

2. Fundraising Preparation:

   • Lead financial due diligence and prepare the company for private equity fundraising.
   • Develop and maintain relationships with potential investors and financial institutions.
   • Create detailed financial models, forecasts, and business plans to support fundraising efforts.

3. Revenue & Expense Recognition:

   • Implement and improve revenue recognition policies to ensure compliance with industry standards and regulations.
   • Optimize expense recognition processes to improve financial accuracy and efficiency.
   • Monitor and analyze financial performance against budgets and forecasts.

4. Strategic Planning & Analysis:

   • Provide strategic financial insights and recommendations to support business growth and operational efficiency.
   • Conduct financial analysis, modeling, and risk assessment for new projects and initiatives.
   • Collaborate with cross-functional teams to drive financial strategy and decision-making.

5. Process Improvement & Compliance:

   • Identify and implement process improvements to enhance financial operations and internal controls.
   • Ensure compliance with all relevant financial regulations and standards.
   • Manage external audits and coordinate with auditors to ensure timely completion of audits.

6. Team Leadership & Development:

   • Lead, mentor, and develop the finance team to enhance their skills and performance.
   • Foster a collaborative and results-driven work environment.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred.
• A minimum of 7-10 years of experience in finance management, preferably within the IT services industry.
• Proven track record in preparing companies for private equity fundraising.
• Strong knowledge of revenue and expense recognition principles.
• Proficiency in financial modeling, forecasting, and analysis.
• Excellent leadership, communication, and interpersonal skills.
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Proficient in financial software and tools (e.g., ERP systems, Microsoft Excel).