Director of Finance

Hello from OTO, your passport to seamless shipping in the dynamic MENA landscape! As a multi-language, All-in-one Shipping Management Software, we're the navigational tool empowering e-commerce Stores and Omnichannel brands to dispatch their orders effortlessly through a vast network of 200+ shipping companies, both locally and globally.

In the quest to build MENA's next global startup, we've set our sights on solving a worldwide challenge shipping! The secret to our success lies in our mantra: OTOmation, where Innovation and Automation converge to democratize shipping solutions for everyone.

Are you a tech enthusiast with an appetite for challenges OTO is the place for you! We're in pursuit of high-energy, self-motivated individuals who are committed to their craft. At OTO, we've embraced a no-door policy, fostering a culture of openness, honesty, and an appreciation for diverse perspectives. Oh, and did we mention our team's shared love for Pizza

Fear not, you'll soon discover the delicious details! If you're seeking a tech haven where learning is rapid and you can play a pivotal role in shaping the future of global e-commerce and shipping, look no further your journey begins with us!

We are now calling on all Director of Finance Heroes! OTO is currently on the hunt for a seasoned Director of Finance to join our team! Bring your A-game, expertise, and enthusiasm & join us in driving OTO's growth into the MENA Market! Join us and let's conquer new horizons together!

Tasks & Responsibilities:

• Lead and oversee all financial and accounting operations, ensuring alignment with OTO's strategic goals and operational needs;
• Supervise the finance and accounting team, ensuring efficient financial operations and timely processing of all financial transactions;
• Ensure the timely reconciliation of accounts payable and receivable, maintaining healthy cash flow;
• Oversee the budgeting process, working with department heads to align financial plans with business objectives;
• Monitor budget performance regularly, identifying variances and implementing corrective actions as needed to ensure financial discipline;
• Ensure ongoing budget control, helping department heads stay within their financial limits while achieving operational goals;
• Prepare and present accurate financial reports (monthly, quarterly, annual) to the executive team, highlighting key performance indicators and actionable insights;
• Conduct in-depth financial analysis, including variance analysis and forecasting, to provide actionable insights that support OTO's growth and profitability;
• Supervise the generation of client invoices and ensure their timely processing, in alignment with contractual agreements and company policies;
• Conduct financial reviews of new products and services, evaluating their feasibility, profitability, and overall financial impact on the business;
• Provide financial guidance for product development and market entry initiatives to ensure strategic alignment with OTO's long-term goals;
• Collaborate with the product and sales teams to assess pricing models and profitability strategies for new offerings;
• Manage taxation processes, including VAT compliance, audits, and returns, ensuring adherence to all relevant regulations in Saudi Arabia, UAE, Turkey, and Delaware;
• Collaborate with external CPAs for tax reporting for the Delaware entity and auditing firms for Saudi, UAE, and Turkey operations;
• Ensure compliance with international tax regulations and maintain up-to-date knowledge of applicable financial and regulatory standards (e.g., GAAP, IFRS);
• Support OTO's fundraising efforts by preparing and presenting financial forecasts, models, and key performance indicators to potential investors;
• Play a key role in planning and executing future fundraising rounds by collaborating with the executive team on financial strategies and investor relations;
• Lead internal and external audits, ensuring that financial activities comply with industry standards, regulatory requirements, and OTO's internal policies;
• Develop and document financial policies and procedures to enhance internal controls and ensure compliance with relevant regulations in the shipping and logistics industry;
• Manage cash flow to ensure the company maintains sufficient liquidity for operations and growth initiatives;
• Identify, assess, and mitigate financial risks to safeguard OTO's financial interests, implementing strategies to optimize financial performance and reduce costs;
• Develop and implement investment strategies for surplus funds, ensuring compliance with Sharia principles and regulations in Saudi Arabia;
• Identify and manage Sharia-compliant investment opportunities, such as Murabaha deposits, to generate returns on idle funds;
• Monitor investment performance and adjust strategies as necessary to optimize returns while minimizing risks;
• Evaluate and recommend enhancements to OTO's accounting systems and financial processes to improve efficiency and scalability;
• Ensure financial systems and procedures meet the specific needs of OTO's operations and clients, especially in the shipping and SaaS sectors;
• Collaborate with other department heads (product, operations, sales, etc.) to ensure financial decisions are aligned with overall business goals;
• Work closely with external stakeholders, including auditors, legal teams, investors, and tax authorities, to ensure financial accuracy and compliance;
• Lead, mentor, and develop the finance team, fostering a culture of collaboration, accountability, and continuous improvement;
• Set clear performance objectives for the finance team and ensure they have the resources and support needed to succeed;
• Any other duties as required by management.
  
  

Requirements:

For this role, it is essential that have

• Qualifications: Bachelor's degree in Finance, Accounting, or Business; advanced degree (e.g., MBA, CPA) preferred.
• Professional certifications: such as CFA, CMA, or equivalent are a plus.
• Experience: Proven experience (8+ years) in financial roles, with at least 5+ years in senior management.
  
  

It will be considered a big plus if you:

• International experience
• Previous work in fast-growing SaaS start-ups
  
  

Location

At OTO, we've adopted a Remote Working culture that breaks free from the traditional office constraints. Work from home, your favorite coffee shop, a sunny beach, or even an art museum the choice is yours. We're all about results, and you'll be surrounded by a team of aggressive achievers. Embrace the freedom to work from anywhere without the unnecessary fluff. Welcome to a workplace where flexibility meets real impact.

Benefits

• ESOPs: With your Employee Stock Options, you're not just part of the team; you're a co-owner steering us toward success. Your hustle today builds equity for us all.
• Health Insurance: Our medical coverage is your safety net. No need to stress about unexpected bumps we've got your back with our Health Insurance coverage/fund depending on your location.
• Mental Health Break: In the grind, take a breather. Our mental health break is your time to recalibrate. Come back sharper, because we all need a mental tune-up.
• Education Fund: This fund is your ticket to staying ahead. Feed that brain and let's level up together.
• Laptop Fund: The one-time laptop fund ensures you're armed for efficiency, innovation, and collaboration.
• Home Office Fund: This one-time home office fund is your ticket to creating a workspace that works for you.
• Happiness Grant: Recognizing that a content team is a productive team, the happiness grant is a professional nod to fostering personal joy. Consider it a token to pursue activities that contribute to your well-being because a fulfilled you is an asset to us all.
• Unlimited Days Off: Our unlimited days off policy is not just a perk; it's a reflection of our commitment to fostering a supportive and results-driven work environment. W value outcomes over hours, trusting our team to prioritize their responsibilities and take as much time as they need to return to work recharged and ready to contribute their best
• Umrah & Hajj: Beyond the grindstone, we've got your spiritual back. Umrah & Hajj support is our way of saying, Your inner peace is a priority.
• 100% Technical Software: To keep you sharp in the tech game, we cover 100% of technical software expenses.
• Growth Playground: Growth isn't just a catchphrase; it's the air we breathe at OTO. We believe in constant learning for both personal and company-wide evolution. You will always be positively challenged & pushed to grow to your utmost potential.
• Supportive Team: We are growing fast and no two days look the same at OTO, but one thing never changes; your colleagues always have your back and you can always bounce ideas off of them.