Finance Director

Leadership and Management Prague, Czech Republic

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Description

Role Purpose

The Finance Director is responsible for the overall financial leadership of the Czech entity, combining strategic business finance partnership, corporate finance oversight, accounting governance, statutory compliance, and operational financial control. This role acts as a trusted advisor to local business leadership while ensuring full alignment with global finance strategy, governance standards, and reporting requirements to the Global CFO.

Key Responsibilities

1. Strategic Business Finance Partnership

  • Act as the primary finance business partner to the Czech leadership team, providing financial insight and decision support. 
  • Partner closely with business, sales, delivery, and operational leaders to drive revenue growth, margin improvement, and sustainable profitability. 
  • Support strategic decision-making through actionable financial analysis, KPI performance reviews, and variance assessment. 
  • Drive pricing support, profitability modeling, commercial deal analysis, and financial evaluation of major contracts and business opportunities. 
  • Monitor business performance trends and recommend corrective actions to mitigate risks and capture growth opportunities. 
  • Support forecasting of pipeline, renewals, contract extensions, and expansion opportunities. 

2. Financial Planning, Budgeting & Forecasting

  • Lead annual budgeting, quarterly forecasting, and long-range financial planning processes for the Czech entity. 
  • Ensure accurate forecasting of revenue, gross profit, EBITDA, cash flow, and working capital metrics. 
  • Deliver monthly variance analyses against budget, forecast, and prior periods with clear management commentary. 
  • Identify profit improvement opportunities and drive financial performance optimization initiatives. 
  • Provide timely and reliable reporting packages to Global CFO and group finance leadership. 

3. Corporate Finance, Accounting & Statutory Reporting

  • Ensure full ownership of financial accounting and reporting in compliance with Czech statutory requirements and group reporting standards (US GAAP / IFRS as applicable). 
  • Oversee monthly, quarterly, and annual financial close processes, ensuring accuracy and timeliness. 
  • Ensure integrity of general ledger, reconciliations, accruals, provisions, reserves, and accounting estimates. 
  • Manage statutory financial statements, local filings, and annual reporting obligations. 
  • Oversee revenue recognition compliance, including contract accounting for fixed-price and time-and-material engagements. 
  • Ensure accurate intercompany accounting, transfer pricing compliance, and group reporting reconciliations. 

4. Cash Flow & Working Capital Management

  • Own cash flow planning and liquidity management for the Czech entity. 
  • Optimize working capital performance, including receivables, DSO, collections, and unbilled revenue monitoring. 
  • Drive improvements in cash conversion cycle and strengthen cash forecasting accuracy. 
  • Partner with commercial and operational teams to improve billing discipline and collection efficiency. 

5. Compliance, Tax & Internal Controls

  • Ensure compliance with Czech tax regulations, VAT, corporate income tax, and all statutory filing requirements. 
  • Coordinate with external auditors, tax advisors, and regulatory authorities. 
  • Maintain strong internal control framework and financial governance standards. 
  • Identify, assess, and mitigate financial, operational, and compliance risks. 
  • Ensure adherence to corporate policies, audit protocols, and risk management frameworks. 

6. Leadership & Finance Transformation

  • Lead and develop the local finance function in the Czech Republic. 
  • Support finance centralization and global finance transformation initiatives. 
  • Drive process standardization, automation, and continuous improvement across finance operations. 
  • Align local finance processes with global finance policies, systems, and best practices. 

Candidate Profile:

  • 15+ years of senior finance leadership experience in multinational organizations. 
  • Willingness to assume statutory Managing Director responsibility is a mandatory requirement for this role.

Strong combined expertise in: 

  • Business Finance / FP&A 
  • Corporate Finance / Controllership 
  • Accounting and Statutory Reporting 
  • Proven experience leading finance operations for a local legal entity or country organization. 
  • Strong knowledge of Czech accounting, tax, and statutory requirements. 
  • Solid understanding of US GAAP and/or IFRS. 
  • ACCA, CPA, CIMA, or equivalent professional qualification preferred. 
  • Experience with SAP S/4HANA or SAP ECC required. 
  • Excellent analytical, communication, and stakeholder management skills. 
  • Fluency in English and Czech required.
  • Last role as CFO of an IT company will be an advantage.
  • Reporting Line

Direct reporting:

  • Global CFO 
  • Strong matrix partnership: Global Finance Leadership Team

What We Offer:

  • A senior leadership role within a stable, international technology company.
  • Professional and supportive corporate environment with strong leadership alignment.
  • Flexible working hours and high level of autonomy.
  • Hybrid working model (partial remote option).
  • Company mobile phone for personal use.
  • Meal allowance.
  • Multisport card.
  • Pension contribution.
  • English language lessons via Preply.
  • Professional development opportunities, including certifications and training programs.

 

 

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