Group Chief Financial Officer (CFO) recruitment
Job Details: Group Chief Financial Officer (CFO)
Sector: Digital Media
Department: Finance
Reporting to: Group CEO
Basic Salary: Competitive + Equity Participation
Bonus Structure: Bonus scheme participation
Location: London with considerable international travel
Our Reference: 919073
Summary
Our client is an early stage company focussed on digital publishing and specialising in high-end destination related content for the global travelling community. The ideal candidate will have experience of managing a fundraising process and will have a passion for travel and international culture.
Description
Our client is a ‘next generation’ digital publishing company focused on delivering the best curated destination related high-end content, product and services for the global travelling community. The Group’s intellectual property includes a sophisticated interface and cutting-edge navigation system that provides an interactive multi-language exhibition space for curated HD video content.
The concept has been in development for almost three years and the founders are confident that they are unique in their defined market place not only with respect to their means of content delivery but also in establishing a global reach in what is a very fragmented market.
Entirely funded to date by two founding directors the Group intends to embark on a first round of external funding ahead of its soft international launch scheduled within months. It is expected that the appointed CFO will play a key role in managing this process.
This role is more than about performing a finance function as you will be an ambassador for the Group. You will be included in an equity participation plan in recognition of the key contribution you will make to the development of the Group
Key Activities
- Finance or Raising Capital. Establish and execute programs for the provision of capital required by the Group. Negotiate the procurement of debt and equity capital and maintain the required financial arrangements. Coordinate the long-range plans of the Group, assess the financial requirements implicit in these plans, and develop alternative ways in which financial requirements can be satisfied.
- Financial Relationships. Establish and maintain lines of communication with investment bankers, corporate finance advisors, financial analysts, and shareholders in conjunction with the CEO. Administer banking arrangements and loan agreements and maintain adequate sources of capital for Group borrowings from commercial banks and other lending institutions. Invest the company’s funds and develop incentive stock option plans.
- Shareholder Relations. Analyse Group shareholder relations policies, procedures, and information programs, including the annual and interim reports to shareholders and the Board of Directors, as well as recommend new or revised policies, procedures, or programs when needed.
- Financial Obligations. Create and/or approve all agreements concerning Group financial obligations, contracts, IT assets, services and other actions requiring a commitment of financial resources.
- Record Control. Responsibility for the financial aspects of Group transactions including real estate bids, contracts, and leases, insurance coverage, as required, ensures the maintenance of appropriate financial records, verify the preparation of required financial reports, insure audits are completed in time and statutory book closing. Primary responsibility for ensuring Group company compliance with financial regulations and standards.
- Company Performance. Develop the Group business model for generating customer value and translate the operational metrics into measures for performance.
- Department Supervision. Develop and support Group accounting and financial functions, develop policies, procedures, and methods for automating document control.
- Budgeting and Expense Control. Responsible for overseeing the budget process, collecting the inputs, and comparing Group actual performance with estimates.