🚀 We are looking for a Manager of Budgeting and Reporting to join our Finance team at VBET in Yerevan, Armenia!

In this role, you will lead our annual budgeting processes, manage financial forecasting, and oversee management reporting while mentoring a high-performing team of analysts. Partnering closely with senior leadership and operational departments, you will translate complex data into actionable financial insights to support strategic growth and drive financial excellence across the organization.

Job Responsibilities

Budgeting and Planning Management

Annual Budget Cycle: 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.
Forecasting and Rolling Forecasts: 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.
Investment Modeling: 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.
Budget Control: 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

Management Reporting: Oversee the preparation and delivery of accurate and timely management reports (weekly, monthly, quarterly) detailing the company's financial performance.
Key Performance Indicators (KPIs): 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).
Variance Analysis: 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.
Board & Investor Presentations: Prepare and review high-quality financial presentations for the Board of Directors, senior management, and potential investors.

Team Leadership and Development

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

Cross-Functional Collaboration and Strategy

Stakeholder Communication: Serve as the primary finance contact for operational departments, translating complex financial data into actionable insights for non-finance managers.
Strategic Support: Partner with the Head of Business Performance and CEO to provide financial support for strategic initiatives, evaluating business cases and assessing profitability.
Audit and Compliance: 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
Communication: Exceptional written and verbal communication skills, with the ability to present complex financial data clearly to non-finance executive audiences.
Leadership: Strong ability to lead, mentor, and motivate a high-performing team in a fast-paced, high-growth environment.
Attention to Detail: Meticulous attention to detail and a commitment to data accuracy and integrity.
Strategic Thinking: Ability to link financial results to operational drivers and strategic goals, offering proactive recommendations to improve performance.
Strong communication skills in Armenian and English.
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.

Perks and Benefits

Competitive experience-based salary
Family health insurance
Social events, corporate parties
4 paid days off during a year
Learning and Development
Transportation

Manager of Budgeting and Reporting / Armenia

Job Description