Group Finance Director

Modaxo is a global organisation bringing together businesses from across Volaris Group that collectively focus on advancing new technologies and innovations for People Transportation. With more than 30 companies (Trapeze being one of them), representing 24 brands, Modaxo comprises 2,500+ people, operating from 35+ offices in 24 countries around the world.

“Modaxo’s expertise, global bench strength, and singular focus on People Transportation make it a great home for technology companies that share our vision to efficiently move the world’s people” – Bill Delaney, CEO, Modaxo.

We are looking for a Group Finance Director based in Germany. Reporting to the Group Leader, this role leads and manages all financial aspects for a Group of currently 5 businesses, with a current total turnover in the +$100m range.

The Group Finance Director will have 3 key areas of focus:

• to act as the Business Partner to the Group Leader, to help ensure strong financial performance in the Businesses, providing detailed financial analysis and advice for continual improvement and strategic direction
• to ensure control and compliance across the Group with all reporting, forecasting, control and audit requirements from the Portfolio. To develop best practice in the businesses, including leading system implementations
• to support the Group Leader on acquisitions and integration of acquisitions. The goal is to work on (+/-) 4 acquisitions per year.

The Group Leadership Team is responsible for promoting and enabling Operational Excellence. As a key member of this select Group Leadership team, you will actively participate in supporting the Group as it builds its strategy and expands.

While the Group continues to grow, both organically and via acquisitions, you will lead in building a Finance structure that can scale and grow alongside the business. You will share a passion for developing talent with a focus on building sustained long-term growth and creating a fantastic place to work. You will work closely with the Finance teams of each business.

Business Partnering and Management

• Lead the monthly and quarterly financial review process (QSR) and annual strategic reviews. Proactively engage with the businesses to understand deviations, challenge business assumptions and provide advice to businesses on how to improve. Ensure our businesses execute on agreed improvements and track the execution.
• Provide strategic financial leadership to the businesses. Recommend and lead efforts to improve ROIC, working capital and growth performance
• Evaluate and challenge Project Bids, assessing pricing, market positioning and risks. Ensure compliance with Portfolio processes and parameters.
• Build data models and trend analysis to assist the Group and Business Leaders in understanding the key business drivers.
• Proactively respond to the requirements of the Group Leader to ensure all necessary tools and data to manage the businesses are provided (monthly summary reports, etc.).
• Be able to step into a non-performing business, review and execute an action plan with the Business Leader for turnaround.
• Develop and strengthen the finance organization across the Group, developing Finance talent.
• Setup structures and processes for the Group to successfully scale (e.g., ensure control and governance elements are being thoroughly followed by the businesses, implement best practices across the businesses).

Finance & Reporting

• Accountable for overseeing the accurate and timely monthly/quarterly financial reporting to ensure compliance of internal and external reporting with CSI requirements (IFRS).
• Ensure efficient processes are in place in each business.
• Drive the implementation of the specific systems required by the Portfolio to be implemented in each business (e.g., ERP systems) and also encourage the adoption of other local tools and systems that drive efficiency and data analytics.
• Support internal and external audits and yearly statutory filings.
• Ensure each business is in compliance with the Risk Management processes and audit best practice.
• Stay abreast of trends and regulations to ensure effectiveness and compliance for the finance functions.

Acquisitions and Integrations

• Perform Financial Due Diligence on acquisition targets. Participate in commercial Due Diligence to assess the business drivers and key metrics of the acquisition financial model, such as Attrition, Pricing, Headcount.
• Assist in the completion of the Investment Committee materials and presentations. Align the acquisition strategy and business goals.
• Oversee the integration team for all new acquisitions. Oversee the post-acquisition strategy setting, onboarding of finance teams, implementing risk and control environment, ensuring adherence to accounting policies and financial system conversion where applicable.
• Own all post-acquisition deliverables such as purchase price accounting, Net Tangible Asset audits, contingent consideration reporting and post-acquisition reviews.

Required Competencies/experiences

• Educated to University level (Master’s degree), ideally in Finance, Business, Economics or Technology
• Approximately 7-10 years in finance and accounting.
• In-depth knowledge of accounting principles, practices, and applications in an international context.
• Acquisition transaction and integration experience highly desired.
• Experience within Software industry is preferred
• Strong analytical skills, and detail oriented
• Strong presentation and communication skills
• Fluent in English and German. An additional European language would be an advantage.
• Energetic, highly proactive and results oriented
• A “can-do” attitude taking ownership; prepared to be held accountable for actions, behaviors and targets
• Availability for international travel, primarily in Europe