About the company
Cherry VC is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify.
Job Summary
Responsibilities:
šFinancial Leadership: Oversee all aspects of finance, including accounting, financial reporting, systems, budgeting & forecasting, tax planning, and M&A integration. šStrategic Partnership: Partner with leadership to develop and implement financial strategies that drive growth and profitability. šProcess Optimization: Implement best practices and financial processes to ensure smooth operations and support future acquisitions. šFinancial Integrity: Ensure the accuracy and integrity of all financial data and reporting. šHands-on Leadership: Be a leader who actively participates in all aspects of the role. šTeam Management: Lead and mentor finance leaders across the group, fostering a culture of accuracy, efficiency, and continuous improvement.
Key Areas of Focus
šImplement robust reporting structures and finance systems for internal monitoring and external investor reporting. šManage internal legal/tax/audit compliance for the holding entity. šDevelop and maintain overall operating, and financing model forecasts, including P&L, cash flow and balance sheets (consolidated and individual companies with a 5-year outlook). šOversee and assist with financial due diligence for investments, liaising with legal on deal structures and maximizing value generation. šOptimize capital allocation across the group. šSelect and collaborate with a group auditor to prepare accurate group accounts and implement systems/controls for a future IPO. šDevelop and implement equity incentive plans. šDevelop group accounting policies to standardise internal reporting of recurring revenue, ARR, EBITDA etc. šLiaise with portfolio management and finance teams to prepare annual budgets, forecasts and for reporting. šCollaborate with Group Head of Technology on internal data storage and record keeping, creating one source of truth for key financial documentation and information.