ABOUT XORA INNOVATION
Xora Innovation, a wholly owned subsidiary of Temasek, invests in disruptive, world-changing ventures forged by ambitious founders and powered by compelling scientific breakthroughs. Headquartered in Singapore, Xora is an early-stage deep tech investing company, wholly owned by Temasek. We are looking for individuals with creativity, intellect, passion, grit, curiosity, openness, and resilience.
ABOUT THE ROLE
We are seeking a Head of Finance for our growing company. The successful candidate will be a ‘thinker-doer’, i.e., a strategically minded, yet hands-on and participative leader who can develop and a lead team of staff and external business partners to strengthen our finance infrastructure. The ideal candidate will possess significant FP&A experience, strong business partnering skills, and a proven track record of driving cross-functional accountability and efficiency. This is an exciting opportunity for an experienced controller or finance manager to take on a more expansive and strategic operational role.
This position requires you to work from the Company’s headquarters in Singapore.
RESPONSIBILITIES
FP&A, Audit, Tax, Finance
- Lead annual planning and budgeting process across the Company.
- Oversee annual audit process and relationships with audit and valuation firms.
- Oversee handling of all matters involving tax authorities, including required filings, submissions, reporting, and ad hoc requests.
- Oversee capital calls, cash management, and other treasury functions.
- Develop a practical yet robust framework for monitoring, analysis, and reporting on the financial and operational performance of the Company.
- Analyze performance (year-over-year, sequentially, vs. forecast) in various formats to facilitate decisions that drive business results.
- Oversee the preparation of accurate financial reports as well as the timely completion and submission of monthly management reports, quarterly reporting to our parent company, and annual filings to regulatory authorities.
Forecasting & Modeling
With the investments team:
- Develop a practical yet robust framework for portfolio performance monitoring and reporting.
- Stay abreast of material developments within the portfolio companies (planned and actual), especially as relevant for audit/valuation purposes.
- Review and analyze portfolio company financial reporting, to identify and plan for potential impacts to investment models and forecasts.
- Maintain investment models to inform investment pacing, capital allocation/reserve strategy, and portfolio management decisions.
- Forecast fund performance under various scenarios.
- Develop rolling investment plans, to effectively plan for and manage capital calls.
Team Management
- Manage team of direct reports - Finance Manager and key external business partners (accounting, audit, valuation, banking).
- Instill a ‘customer-service’ oriented attitude and culture across the team, so the team serves as a valued-added business resource hub for employees and key partners.
Strategic Leadership
- Collaborate with leadership on planning and execution of strategic initiatives.
- Monitor and report on relevant regulatory developments, market practices, and business opportunities.
- Effectively communicate and present financial matters to senior leadership and to the board of directors.
- Develop financial management policies and procedures; lead process improvement efforts to further streamline without compromising quality and ensuring compliance with regulations, market standards, and best practices.
PROFESSIONAL QUALIFICATIONS
- Bachelor's degree from an accredited university.
- Experience with complex consolidations of portfolio companies or entities, ideally in an investment firm setting.
- At least 10 years of management experience in roles requiring oversight of a combination of critical back-office functions, including accounting, in a VC/PE/IB firm.
- At least 5 years of experience in a controller function with audit liaison (or Big 4 audit) experience and serving as the final check for integrity of financial data and reports.
- Experience selecting and managing the quality and cost of outsourced business services and strategic vendors.
- Technology-savvy with experience implementing and overseeing (1) business automation, (2) new systems (e.g. Finance and project management software systems), and (3) policy/SOP rollouts within an SME context.
- Highly analytic, methodical, and problem-solving approach that supports and enables efficient and effective decision-making amongst multiple stakeholders.
- Excellent communication, partnering, and relationship-building skills with a proven ability to prioritize, negotiate, and work with a wide range of internal and external partners, including our portfolio companies.
- Strong verbal and written English communication skills; comfortable interacting and communicating with executive and senior management levels.
- Strong acumen in financial management, financial processes, and business analytics.
- Strong knowledge of accounting and financial reporting software, Excel and PowerPoint.
- CFA charter eligible or CFA charterholder strongly preferred.
