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Finance Controller ON SITE in Bogotá, Colombia

  • On-site
    • Bogotá, Distrito Capital de Bogotá, Colombia
  • Operational Recruitment

Job description

Important IT company At the Latin American level, growth requires:

Finance Controller

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, or related discipline.

  • Contador Público certification.

  • 8–12 years of progressive finance experience in Colombia.

  • Proven experience as Finance Controller / Senior Accounting Manager in a services environment.

Strong hands-on expertise in:

  • IFRS and Colombian statutory accounting.

  • Local taxation and compliance.

  • Audit and internal controls.

  • Treasury and cash management.

  • Fluent English (spoken and written) – mandatory.

  • Experience managing a team of 4–5 finance professionals.

Key Competencies

  • Strong ownership and accountability mindset.

  • Excellent leadership and people-management skills.

  • High attention to detail with audit-quality standards.

  • Strong communication skills in English and Spanish.

  • Business-oriented, pragmatic, and solution-focused.

ENGLISH and SPANISH ADVANCED CONVERSATIONAL ESSENTIAL (Will be tested).

Role Purpose

The Finance Controller will lead end-to-end financial operations for the Colombian entity, ensuring:

  • Accurate and timely IFRS and Colombian statutory reporting.

  • Full compliance with local tax, legal, and regulatory requirements.

  • Strong internal controls and audit readiness.

  • Effective treasury, cash flow, and working capital management.

  • Clear financial insights to support telecom/IT services delivery and profitability.

Key Responsibilities:

  1. Financial Accounting, Close & Reporting (IFRS + Local GAAP)

  • Own and manage the monthly, quarterly, and annual close process.

Ensure accurate financial statements under:

  • Colombian statutory accounting (local GAAP and regulatory requirements)

  • IFRS (group reporting).

Review and approve all key accounting areas:

  • Revenue recognition (T&M, milestone-based, managed services)

  • Accruals, provisions, prepaid expenses.

  • Payroll accounting and benefits.

  • Fixed assets and depreciation.

  • Intercompany accounting and reconciliations.

  • Deliver monthly management reporting with clear variance analysis and commentary in English.

2. Colombian Taxation & Statutory Compliance

Ensure full compliance with all Colombian tax and regulatory obligations, including:

  • Income tax.

  • IVA (VAT).

  • ICA.

  • Withholding taxes (retenciones).

  • Payroll taxes and parafiscale.

  • Own the statutory compliance calendar and ensure zero missed or late filings.

Liaise with external tax advisors and auditors to:

  • Support audits, tax reviews, and inspections.

  • Assess regulatory changes and implement required action.

  • Ensure statutory financial statements are prepared, approved, and filed on time.

3. Treasury, Cash Flow & Fund Management

  • Lead weekly and monthly cash flow forecasting for a US$6–8M revenue entity.

  • Manage liquidity, ensuring sufficient funds for operations, payroll, tax payments, and vendors.

Enforce strong treasury controls:

  • Payment approvals and segregation of duties.

  • Bank account governance and signatories.

Drive working capital optimization:

  • Improve billing accuracy and AR collections (DSO reduction)

  • Manage vendor payments and AP scheduling

  • Oversee intercompany settlements

  • Manage banking relationships, KYC documentation, and any guarantees or facilities.

4. Audit, Internal Controls & Governance

Act as main point of contact for:

  • External auditors.

  • Internal audit / corporate controllership.

  • Maintain continuous audit readiness with strong documentation and reconciliations.

  • Ensure compliance with internal policies and SOX-type controls (where applicable).

  • Identify control gaps and lead remediation plans (CAPA).

  • Develop, maintain, and enforce SOPs, process notes, and finance control frameworks.

5. Business Partnering (Telecom / IT Services)

Partner with Operations and Commercial teams on:

  • Customer and project profitability.

  • Cost management and margin improvement..

  • Financial review of contracts (billing milestones, SLAs, penalties).

  • Support budgeting, forecasting, and re-forecasting in coordination with regional. finance.

  • Provide insights on revenue trends, cost drivers, utilization, and operational risks.

6. Team Leadership & Development

  • Lead, coach, and develop a finance team of 4–5 members.

  • Allocate responsibilities across accounting, AP/AR, payroll, and compliance.

  • Set performance objectives, conduct reviews, and build bench strength.

  • Coordinate effectively with shared services / BPO teams where applicable.

  • Foster a culture of accuracy, ownership, compliance, and continuous improvement.

Systems & Tools

  • ERP: SAP (group reporting), Siigo (local/statutory accounting)

  • Advanced Excel (mandatory); Power BI / automation tools preferred.

Location: Bogotá – Colombia.

Type Job: ON SITE

Monthly salary: 18,000.000.00 Colombian pesos.

Idioms: Proficient English level.

Statutory benefits

 

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