Finance Controller (Bogotá)

Finance Controller (Bogotá)

22 may
|
Valce Talent Solutions
|
Bogotá

22 may

Valce Talent Solutions

Bogotá

We help our clients enhance their talent attraction capacities, especially in technological profiles.

We constantly innovate and actively seek to find the best solutions for clients and professionals. We understand the needs of our customers and aim to be the industry specialists.

We offer consulting services to technology companies in various areas, including IT, software development, cybersecurity, and project management. Our employees are the reason for the company's existence, and their satisfaction translates into that of our customers.

Job Description

Finance Controller – Colombia (IT Services | Telecom Sector)

Location: Bogota - Colombia

Scheme: Hybrid (3 days on-site)

Reporting To: LATAM Finance Head / Regional Controller - (Dotted line to Country Manager)

Team Size: Manages 4–5 finance professionals (Accounting, AP/AR, Payroll/Tax coordination)

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Role Context

We are a Colombia-based IT services company serving the Telecom sector, with annual revenues of approximately US$6–8 million. The Finance Controller is the senior-most finance leader in-country, accountable for financial integrity, compliance, cash stewardship, IFRS and local statutory reporting, and for building a high-performing finance team capable of supporting a growing services organization.

The role requires fluent English, as the incumbent will regularly interact with regional and general finance leadership, auditors, and corporate stakeholders.

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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

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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:

o Colombian statutory accounting (local GAAP and regulatory requirements)

o IFRS (group reporting)





• Review and approve all key accounting areas:

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

o Accruals, provisions, prepaid expenses

o Payroll accounting and benefits

o Fixed assets and depreciation

o Intercompany accounting and reconciliations

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

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2. Colombian Taxation & Statutory Compliance

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

o Income tax

o IVA (VAT)

o ICA

o Withholding taxes (retenciones)

o Payroll taxes and parafiscales

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

• Liaise with external tax advisors and auditors to:

o Support audits, tax reviews, and inspections

o Assess regulatory changes and implement required actions

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

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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:

o Payment approvals and segregation of duties

o Bank account governance and signatories

• Drive working capital optimization:

o Improve billing accuracy and AR collections (DSO reduction)

o Manage vendor payments and AP scheduling

o Oversee intercompany settlements

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

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4. Audit, Internal Controls & Governance

• Act as main point of contact for:

o External auditors

o 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.

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5. Business Partnering (Telecom / IT Services)

• Partner with Operations and Commercial teams on:

o Customer and project profitability

o Cost management and margin improvement

o 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.

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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.

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Systems & Tools

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

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

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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:

o IFRS and Colombian statutory accounting

o Local taxation and compliance

o Audit and internal controls

o 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.

📌 Finance Controller (Bogotá)
🏢 Valce Talent Solutions
📍 Bogotá

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