Manager of Budgeting and Reporting / VBET

Job Responsibilities

• Budgeting and Planning Management

- Lead and manage the entire annual budgeting process, coordinating with all department heads (Marketing, Product, Tech, Operations) to ensure alignment with corporate strategy and financial targets. - Develop and maintain periodic financial forecasts (e.g., monthly, quarterly, and 12-month rolling forecasts) for the Profit & Loss (P&L), Balance Sheet, and Cash Flow. - Work closely with the Business Development and Product teams to model the financial impact of new market entries, product launches, and major capital expenditure projects. - Establish and enforce budget control procedures across the organization, monitoring actual spending against planned budget and identifying areas for cost optimization.

• Financial Reporting and Analysis

- Oversee the preparation and delivery of accurate and timely management reports (weekly, monthly, quarterly) detailing the company's financial performance. - Define, track, and analyze iGaming-specific KPIs (e.g., Gross Gaming Revenue (GGR), Net Gaming Revenue (NGR), Customer Acquisition Cost (CAC), Lifetime Value (LTV), Player Retention, and EBITDA). - Conduct in-depth variance analysis (Actual vs. Budget, Actual vs. Forecast, and period-over-period) and clearly communicate key drivers of performance and deviation to executive leadership. - Prepare and review high-quality financial presentations for the Board of Directors, senior management, and potential investors.

• Team Leadership and Development

- Lead, mentor, and develop the budgeting and reporting analysts, ensuring the team possesses the necessary skills and industry knowledge. - Drive continuous improvement in financial planning and reporting processes, utilizing financial software (ERP) and business intelligence (BI) tools to increase efficiency and accuracy. - Ensure the standardization of reporting templates, methodologies, and data sources across all functional areas.

• Cross-Functional Collaboration and Strategy

- Serve as the primary finance contact for operational departments, translating complex financial data into actionable insights for non-finance managers. - Partner with the Head of Business Performance and CEO to provide financial support for strategic initiatives, evaluating business cases and assessing profitability. - Collaborate with the Accounting and Audit teams to ensure financial reporting adheres to relevant accounting standards (e.g., IFRS/GAAP) and internal controls.

Requirements

• Financial Modeling: Expert-level proficiency in Microsoft Excel and building complex, dynamic financial models (3-statement, LTV, ROI).
• BI Tools: Demonstrated experience with Business Intelligence platforms (e.g., Tableau, Power BI, Looker) to build dashboards and automate reporting.
• ERP/EPM Systems: Hands-on experience with Enterprise Resource Planning (ERP) or Enterprise Performance Management (EPM) systems (e.g., SAP BPC, Oracle, Anaplan).
• Accounting Principles: Solid understanding of IFRS or GAAP principles as they relate to financial reporting.
• Data Handling: Experience working with large datasets, SQL, and understanding data warehousing concepts is a plus.
• Core Competencies and Soft Skills:

- Exceptional written and verbal communication skills, with the ability to present complex financial data clearly to non-finance executive audiences. - Strong ability to lead, mentor, and motivate a high-performing team in a fast-paced, high-growth environment. - Meticulous attention to detail and a commitment to data accuracy and integrity. - Ability to link financial results to operational drivers and strategic goals, offering proactive recommendations to improve performance. - Strong communication skills in Armenian and English.

• Education and Experience:

- Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field. - Minimum of 5 years of progressive experience in Financial Planning & Analysis (FP&A) or Management Reporting. At least 2 years of experience directly managing and leading an analyst team. - Proven experience in the iGaming, Online Betting, or Technology (SaaS) industry.