KEY OBJECTIVES

• The goals are to protect Xsolla’s revenues and profits and to achieve all financial goals and sustainable growth
• Responsible, either directly or by managing staff, for all cash management, currency transactions, insurance, budgeting, and financial reporting, helping achieve the company’s financial goals
• Coordinate the development of the annual operating, capital, and program budgets and reporting against the same
• Ensure cash flow is compatible with company operations, by overseeing the day-to-day accounting, recording, reporting, and internal control activities of the organization
• Lead the development and use of best-practice policies and tools that ensure a well-controlled yet flexible organization with strong fiscal management, project management, cross team communications and workflow
• Comply with global (countries of operation), U.S. federal, state, and local financial requirements by studying existing and new legislation, enforcing compliance, and taking action
• Resolve complex international revenue recognition, banking and tax issues

RESPONSIBILITIES

• Oversee Xsolla’s accounting department, budget preparation, and audit functions
• Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software
• Review and ensure application of appropriate internal controls, statutory compliance and financial procedures
• Ensure timeliness and accuracy of financial and management reporting data for all recipients
• Work with other department heads to monitor each department and make recommendations
• Direct the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports
• Compare sales and profit projections to actual figures and budgeted expenses to actual expenses; make or oversee any necessary adjustments to future projections and budgets
• Review planning process and suggests improvements to current methodsAnalyze operations to identify areas in need of reorganization or improvement
• Work with leadership and various stakeholders across the organization to coordinate planning and establish priorities for the planning process
• Study long-range economic trends and project their impact on future growth in global sales and market share
• Mentor and develop a team of senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic with documented processes, procedures and succession plans
• Create and establish yearly financial objectives that align with the company’s plan for growth and expansionAssess and evaluate financial performance of the organization with regard to long-term operational goals, budgets and forecasts
• Provide insight and recommendations to both short-term and long-term growth plans
• Select and engage third party consultants, auditors and other professionals as needed
• Guide larger, cross-divisional and international teamsIdentify and recommend opportunities for expansion into new business areas
• Acting Treasury, oversee cash and currency transactions and work with investment team and bankers to raise additional capital required for expansion
• Represent company to banks, financial partners, institutions, auditors and officials

REQUIREMENTS

• 12+ years of progressive experience in Accounting and Finance, 5+ years in a senior leadership role
• Prior experience in payments processing, video games, e-commerce, or technology at a large, global organization ($250 - 300MM+)
• Bachelor’s degree in accounting, business accounting or finance (Master’s degree in similar field/MBA is a plus)
• Deep understanding of GAAP, advanced accounting, regulatory issues, and tax planning
• “Hands on” large ERP systems experience (NetSuite, SAP, JD Edwards preferred); large ERP implementation experience
• Tech savvy and proficient in Anaplan
• Executive experience with SaaS business models and their associated revenue recognition is strongly preferred
• Exceptional verbal, written, and visual communication skills
• Outstanding communication and presentation skills
• Experience in both public and private accounting is preferred
• Demonstrated leadership ability, confidence and executive presence – ability to lead and motivate staff with steadfast resolve and personal integrity
• An entrepreneurial mindset and flexibility
• Proficient in Jira, Confluence
A plus if:
• M&A experience as well as investor relations ; with a working knowledge of raising capital
• Active CPA