Portfolio Financial Controller

Valsoft Corporation is looking for an experienced and dynamic Portfolio Financial Controller to join our team!

The Portfolio Financial Controller will report to the Portfolio Head of Finance. This individual will coordinate and manage period-end close, budgeting/forecasting, statutory compliance and reporting, integrations of new businesses and ensure accurate financial reporting and analysis for a portfolio of acquired companies, as well as lead projects impacting their accounting and provide guidance on the more complex accounting issues.

Here is a little window into our company: Valsoft’s focus is to acquire and grow vertical software businesses that provide mission-critical solutions in their respective niche or market. Since 2015, we have acquired over 90 businesses. Today, Valsoft has over 2,500 employees across 25+ countries. This business model creates a rapid growth environment allowing the acquisition of new companies based on profitable vertical performance.

Our motto is “Be Humble, Stay Hungry.”

The successful candidate will be based anywhere in the UK, working in a remote work model, with a requirement to travel to our office in London on an ad-hoc basis!

What your day will look like:

• Monitor and analyze the performance strategies to identify areas of opportunity, respond with action plans to ensure execution to meet and exceed financial targets
• Drive the financial planning of the company by analyzing the performance and risks of the portfolio by applying KPI framework
• Prepare monthly and quarterly business reviews for portfolio companies that highlight results, remediation plans for underperformers, and strategic initiatives to drive organic growth to the senior management team
• Build and manage monthly, quarterly, and annual forecasts and track KPIs
• Monitor financial health of portfolio and ensure positive cash-flow
• Develop strategies to increase return on investment and profitability
• Maintain high-level interaction with the corporate finance department
• Actively participate in the processes related to the sale or acquisition of companies
• Application of Valsoft Finance best practices to all companies within Portfolio
• Ownership of all things finance for companies acquired into the Portfolio

Financial Reporting:

• Oversee and review accounting tasks including tax and compliance
• Own monthly financial close process for Portfolio companies
• Prepare accurate and timely monthly, quarterly, and annual financial reports
• Build processes and ensure compliance with Corporate policies and reporting requirements. Identify and manage differences between corporate consolidation accounting policies and local statutory reporting requirements
• Ensure effective financial internal controls and continually evaluate established policies and procedures
• Optimize internal reporting processes for efficiency
• Prepare for and support the corporate audit by providing necessary documentation
• Lead and organize the annual statutory audits and ensure all fillings are complete

Team Leadership and Development:

• Set targets for and supervise all accounting and finance personnel (Accounting, FP&A, AR, AP)
• Provide leadership and develop a high-performing scalable finance team in a decentralized finance environment, fostering a culture of accountability, collaboration, and continuous improvement
• Train and coach teams to ensure they have the knowledge and resources necessary to be successful

Financial Systems:

• Support Netsuite rollout activities to Portfolio companies by ensuring data integrity
• Conduct situational assessments, identify gaps and opportunities for automation, make recommendations, and direct the implementation of such changes as required to improve financial systems and related processes

Integration Support:

• Develop, identify, and execute financial integration and onboarding plan of new acquisitions in partnership with the business transformation team
• Integration activities include ERP system implementation, account mapping, rollout of Valsoft reporting requirements and governance standards
• Establish and monitor monthly reporting cadence. Review all deliverables for data integrity, quality, and accuracy
• Identify discrepancies between acquired company accounting policies and Valsoft corporate policies. Remediate discrepancies by revaluing accounts, engineering and implementing go forward reporting processes
• Prepare purchase price allocations, ensure completeness and accuracy of opening balance sheet accounting prepared in accordance with Valsoft accounting policies
• Calculate and monitor deferred acquisition payment liabilities
• Creation of first bottoms up forecast in partnership with the acquired business
• Rollout and application of Valsoft KPI management framework

About you:

• A qualified financial accountant (ACCA) with at least a bachelor's degree or above in Accounting, Finance, Economics or similar is essential
• 10+ years of experience in a similar role, including at least 3+ years in team management
• Ability to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibility
• Extensive knowledge and skill in multiple disciplines to be able to support business integration activities effectively and a capacity to understand and interpret conflicting goals and needs of diverse groups
• Fast learner and adaptable – time management skills and ability to meet deadlines
• Working knowledge of Oracle NetSuite ERP (or similar) is considered an asset
• Ability to visualize efficient processes and implement them
• Excellent organizational skills and time management
• Excellent verbal and written communication skills
• Advanced knowledge of MS Excel
• Being fluent in the English language, written and verbal, is essential
• Must be legally authorized to work in the UK

For information about Valsoft Corporation, please visit our website at www.valsoftcorp.com

We thank all applicants for their interest; however, only those candidates selected for an interview will be contacted.