Manager of Budgeting and Reporting / VBET

About the role

As the Manager of Budgeting and Reporting at BetConstruct's VBET, you will oversee the entire budgeting process, ensuring alignment with corporate strategies and financial goals. You will collaborate with various department heads to develop accurate financial forecasts and manage budget control procedures.

In this role, you will lead a team of analysts, driving improvements in financial planning and reporting processes using ERP and business intelligence tools. Your ability to communicate complex financial data clearly will be essential as you prepare reports for executive leadership and the Board of Directors.

Skills that matter here

• Financial Modeling: You will need expert-level proficiency in Microsoft Excel to build complex financial models.
• Business Intelligence: Experience with BI tools is necessary for automating reporting and building dashboards.
• ERP Systems: Hands-on experience with ERP systems is crucial for financial planning.
• Accounting Principles: A solid understanding of IFRS or GAAP principles is required for accurate financial reporting.
• Communication: Exceptional communication skills are needed to present financial data to non-finance audiences.
• Leadership: You will lead and mentor a team, fostering a high-performance environment.

Who this role suits

• Candidates should have a strong background in financial planning and analysis, particularly within the iGaming industry.
• You thrive in fast-paced environments and have a proven track record of leading teams effectively.
• Attention to detail and a commitment to data accuracy are essential traits.
• Strong communication skills in both Armenian and English will help you succeed in this role.

From the employer

Job Responsibilities

• Budgeting and Planning Management
• 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.
• 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.
• 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.
• 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
• Oversee the preparation and delivery of accurate and timely management reports (weekly, monthly, quarterly) detailing the company's financial performance.
• 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).
• 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.
• Prepare and review high-quality financial presentations for the Board of Directors, senior management, and potential investors.

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

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