Finance Manager

Overview

DigiFarm is a rapidly growing AG-Tech startup based in Norway. We use sophisticated satellite imaging, super-resolved image processing, and advanced AI to generate the world’s most accurate field boundaries and seeded acre datasets. Backed by names like the European Commission, European Space Agency (ESA), and the Norwegian Space Agency (NoSA), our mission is to provide powerful data that enables the entire agricultural sector to make better decisions.
Launching publicly in January 2022, demand from businesses worldwide has been unprecedented; we’re a hit! ⚡️
That’s why we’re looking for the right expert to lead our finance function and truly make it their own. Working closely with the founders and the broader team, you’ll be responsible for setting up our operational finance function to ensure that the business functions seamlessly.
If you’re ready to bring your best financial game to a hyper-talented, driven, and fast-moving team in a distributed start-up environment, this is the place for you.
This role is located in Oslo, Norway and will report into the Co-founder & CEO.

Responsibilities

Core & Operational

Your day-to-day responsibilities will include:

• Manage cash flow on an ongoing basis.

• Work with teams to produce P&L and cash flow forecasts that are as accurate as possible.

• Set-up and process internal payments to partners, suppliers, and staff.

• Create a streamlined receivable function that takes our API activity data, raises invoices, and sends them to our clients. You’ll also be responsible for tracking their payment and following up with any reconciliation concerns. You should be tech-savvy enough to be able to work with our engineering teams to automate as much as possible.

• Assess any VAT, sales tax, or other liabilities that might affect our billing with clients.

• Prepare weekly and monthly updates on the financial performance of the business.

• Guide stakeholders through the numbers, as needed so that everyone has an informed view of the business performance at all times.

• Liaise with business intelligence and teams across the business to reconcile numbers on an ongoing basis.

• Track financial performance versus budget/forecast and optimise accordingly.

• Lead financial audits. This may include working closely with the auditors themselves.

• Prepare official statements, reports, accounts, and submissions to governmental bodies and regulators. This may include the submission process itself and any follow-ups/liaising necessary.

• Input on any new commercial agreements to ensure that operational finance obligations can be effectively met and that the costs are in line with other comparable deals. This may include participating in commercial negotiations, as needed.

• Identify any financial risks and work with teams to plan mitigation strategies.

• Raise any opportunities that would be financially beneficial and work with teams to find a way to leverage them.

• Stay current with financial regulations and European Commission policy changes to ensure that we are compliant and operating using best industry practices.

• Perform due diligence and risk assessments on new clients and ensure we are compliant with AML regulations.

• Review and monitor spend to ensure that we’re deploying funds effectively. We are always going to be a start-up at heart and we need to ensure that every pound is spent well. We’re not averse to spending money but let’s make it count.

• Manage corporate insurance and treasury matters.

• Assist with corporate & corporate governance matters, as needed.

• File taxes and ensure all obligations are paid on time.