VP of Finance Strategy
Fresha
Accounting & Finance
London, UK
Posted on Saturday, August 31, 2024
About Fresha
Fresha is the leading marketplace platform for beauty & wellness trusted by millions of consumers and businesses worldwide.
Fresha is used by 110,000+ businesses and 450,000+ stylists and professionals worldwide, processing over 1 billion appointments to date.
The company is headquartered in London, United Kingdom, with global offices located in New York City, Vancouver, Sydney, Dubai, Riyadh, Amsterdam, Warsaw and Pristina.
Fresha allows consumers to discover, book and pay for beauty and wellness appointments with local businesses via its marketplace, while beauty and wellness businesses and professionals use an all-in-one platform to manage their entire operations with an intuitive subscription-free business software and financial technology solutions.
Fresha’s ecosystem gives merchants everything they need to run their business seamlessly by facilitating appointment bookings, point-of-sale, customer records management, marketing automation, loyalty, beauty products inventory and team management.
The consumer marketplace unlocks revenue potential for partner businesses by leveraging the power of online bookings and automated marketing through mobile apps and advanced integrations with major tech brands including Instagram, Facebook and Google.
Role overview
Fresha is seeking a highly experienced and strategic Vice President of Finance Strategy to join our team. As a seasoned VP of Finance Strategy, you will play a key role in driving the financial strategy and supporting the growth of our global company. This position requires a strong background in finance, strategic thinking, and leadership skills.
We’re growing fast, so this is a great opportunity for someone looking to work in a fast-paced business who likes to work autonomously, enjoys a challenge and wants to make a big impact.
Responsibilities
- Financial Strategy and Planning: Develop and execute the financial strategy to support Fresha's growth objectives, including setting financial goals and establishing financial planning processes.
- Financial Reporting and Analysis: Preparation and development of insightful performance reports, and analysis. Provide insights into the company's financial performance, trends, and forecasts. Ensure compliance with regulatory requirements and accounting standards. Preparation of reporting and information to the Board of Directors, Shareholders and other key Stakeholders.
- Budgeting and Forecasting: Lead the budgeting and forecasting processes. Collaborate closely with cross-functional teams to develop realistic and achievable financial plans. Monitor performance against budgets and forecasts, identifying areas for improvement.
- Funding and Investor Relations: Manage relationships with investors and financial institutions. Support capital raising efforts, negotiate financing terms, and maintain strong communication channels. Provide financial insights and guidance to support investment decisions.
- Risk Management: Identify and mitigate financial risks by implementing internal controls, risk assessment processes, and financial policies. Monitor and analyse market trends, economic factors, and regulatory changes that may impact Fresha's financial position.
- Cash Flow and Treasury Management: Optimise cash flow, liquidity, and working capital management. Ensure adequate funding for operations and growth initiatives. Enhance cash flow forecasting mechanisms and develop strategies to minimise financial risks.
- Mergers and Acquisitions: Evaluate potential mergers, acquisitions, and partnerships from a financial perspective. Conduct due diligence, financial modeling, and valuation analyses. Participate in negotiations and oversee the integration of acquired entities into Fresha's financial systems.
- Team Leadership and Development: Build and lead a high-performing finance team. Provide mentorship, guidance, and professional development opportunities. Foster a culture of collaboration, innovation, and continuous improvement within the finance department.
- Strategic Business Partnership: Collaborate with cross-functional teams to provide financial insights and support strategic decision-making. Act as a trusted advisor to the senior leadership team, offering financial expertise and guidance.
- Technology and Process Improvement: Identify opportunities to leverage financial technology and automation solutions. Streamline financial processes, enhance efficiency, and improve data accuracy. Drive continuous improvement initiatives within the finance function
Performance Management and People Development
- Build and lead a high-performing finance team, fostering collaboration, innovation, and continuous improvement.
- Recruit, train, and mentor finance professionals, ensuring they have the necessary skills and resources to meet their objectives.
- Provide ongoing feedback, conduct performance evaluations, and offer career development opportunities to drive individual and team growth.
- Foster effective communication, teamwork, and knowledge sharing within the finance department and across other departments.
- Promote a positive work environment that values diversity, inclusion, and employee engagement
Please note that these responsibilities are indicative and may vary.
Skills, experience & qualifications required
- Education: Bachelor's degree in Finance, Accounting, or related field. Master's degree or CPA qualification is highly desirable.
- Experience: Minimum of 10 years of progressive finance and accounting experience, with at least 5 years in a senior leadership role. Experience in high-growth technology or SaaS companies preferred.
- Financial Expertise: Deep knowledge of financial planning and analysis, financial modeling, reporting, and accounting principles. Strong understanding of SaaS metrics and business performance drivers.
- Strategic Vision: Ability to develop and execute financial strategies that support business growth and manage risks effectively.
- Investor Relations: Proven track record in managing relationships with investors and financial institutions, including successful fundraising.
- Leadership Skills: Strong leadership and people management abilities, with a focus on building high-performing teams.
- Analytical and Problem-Solving Skills: Excellent analytical abilities to identify trends, patterns, and opportunities in complex financial data. Strategic thinking and providing actionable insights.
- Communication and Influencing Skills: Exceptional verbal and written communication skills to present financial information effectively to diverse audiences.
- Adaptability: Thrives in a fast-paced, dynamic environment, embracing change with flexibility and resilience.
If you are a strategic thinker with a passion for driving financial excellence and have a proven track record in leading finance functions within high-growth companies, we would love to hear from you.
Join Fresha and be part of revolutionising the beauty and wellness industry through innovative technology and financial solutions.
Inclusive workforce
At Fresha, we are creating a culture where individuals of all backgrounds feel comfortable.
We want all Fresha people to feel included and truly empowered to contribute fully to our vision and goals. Everyone who applies will receive fair consideration for employment.
We do not discriminate based on race, colour, religion, sex, sexual orientation, age, marital status, gender identity, national origin, disability, or any other applicable legally protected characteristics in the location in which the candidate is applying.
If you have any accessibility requirements that would make you more comfortable during the interview process and/or once you join, please let us know so that we can support you.