Strategic Finance (Cross Switch)

Job Description

VENTURE FOR AFRICA

Venture for Africa is an immersion program and talent community designed to enable experienced local and global non-tech talent to transition into the African startup ecosystem.

We enable experienced talent who might be new to the startup space or the particular market or industry they’re looking to enter, to soft-land and gain context while working with a startup or venture fund that's hiring.

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HOW IT WORKS

• Get Matched: Apply and get matched with a VFA startup partner in your area of interest.

• Get Immersed:
  

  • Part-time: De-risk your potential transition by spending an initial 3 months in this role, part-time. During this time, you will have the opportunity to work closely with the team, experience the company culture, and evaluate whether it makes sense as a potential long-term option.

  • Full-time: For those actively looking for a role, who are ready to dive right in, you can skip ahead to the next step.

• Get Hired: VFA startup partners have the opportunity to make full-time offers to candidates directly after the matching process or after VFA's trial-to-hire model.

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Startup Partner:Cross Switch

Cross Switch is a fast-growing fintech company based in Luxembourg, founded in 2021. We are at the centre of the constantly evolving fintech industry, reinventing payments, banking solutions, and money. Our focus is on our Africa rollout, and we combine two synergistic strategies:

• Cross Switch Payments : a specialist provider of local and cross-border payment solutions for digital merchants and customers in Africa or those looking to access high-growth African markets.
• Cross Switch Technology : providing technology solutions to financial institutions and payments companies in Africa.

Engagement Description

Cross Switch is looking for an experienced candidate to head up Cross Switch’s finance functions on the African continent, including accounting, financial reporting, tax, financial planning and analysis and treasury.

Responsibilities:

General

• Oversee all finance-related activities for the Company in Ghana.
• Lead financial planning and analysis by developing systems to produce forecasts and reports, managing the Company's budget and forecasting processes with consistent policies.
• Oversee financial audit processes, ensuring local entities prepare and report as required.
• Ensure timely and accurate financial statements are prepared each month by each Group business and reported to the CEO and Board of Directors.
• Lead, develop, and monitor accounting and tax functions and policies within the Region, ensuring processes are consistent and efficient, books are closed in a timely manner, filings are made on time, and internal controls over financial reporting are comprehensive and working as designed.
• Manage the Group's tax structuring and planning, working closely with tax advisors, General Counsel, and other key personnel to ensure tax structures are effective and efficient.
• Communicate the Group's vision to stakeholders, enhancing credibility with shareholders, analysts, the press, and the financial community.
• Recruit finance professionals, motivate and develop departmental staff, and work with the Group's HR department and senior management to ensure appropriate employee review, incentivization, and retention policies.

Payment activities

• Manage payment business remittance and reconciliation processes across the region.
• Manage payment reporting for customers and partners.
• Participate in payments partner and commercial negotiations.
• Ensure that policies are in place to track agreed terms with customers and partners and that systems align with financial terms and payment timing.

Investments and fundraising

• Participating in the company's fundraising activities.
• Managing investor relations, including communicating with existing and prospective investors, and providing necessary financial data and updates.
• Managing financial due diligence, underwriting, and investment activities related to potential investments, acquisitions, joint ventures, and/or mergers of interests.

Reports to: CEO, Cross Switch Ghana