Finance Controller | Bogotá, Colombia

Posted Yesterday
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Bogotá, Distrito Capital, COL
In-Office
18M-18M Annually
Senior level
Information Technology • Professional Services • Software • Cybersecurity
The Role
Lead end-to-end financial operations for the Colombian entity including IFRS and local GAAP reporting, tax and statutory compliance, treasury and cash management, internal controls and audit readiness, financial reporting and analysis, business partnering with operations/commercial teams, and manage a finance team of 4-5. Ensure timely filings, cash forecasting, working capital optimization, and support budgeting and contract financial reviews.
Summary Generated by Built In

Important IT company At the Latin American level, growth requires:

Finance Controller

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

  • IFRS and Colombian statutory accounting.

  • Local taxation and compliance.

  • Audit and internal controls.

  • 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.

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.

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:

  • Colombian statutory accounting (local GAAP and regulatory requirements)

  • IFRS (group reporting).

Review and approve all key accounting areas:

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

  • Accruals, provisions, prepaid expenses.

  • Payroll accounting and benefits.

  • Fixed assets and depreciation.

  • Intercompany accounting and reconciliations.

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

2. Colombian Taxation & Statutory Compliance

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

  • Income tax.

  • IVA (VAT).

  • ICA.

  • Withholding taxes (retenciones).

  • Payroll taxes and parafiscale.

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

Liaise with external tax advisors and auditors to:

  • Support audits, tax reviews, and inspections.

  • Assess regulatory changes and implement required action.

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

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:

  • Payment approvals and segregation of duties.

  • Bank account governance and signatories.

Drive working capital optimization:

  • Improve billing accuracy and AR collections (DSO reduction)

  • Manage vendor payments and AP scheduling

  • Oversee intercompany settlements

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

4. Audit, Internal Controls & Governance

Act as main point of contact for:

  • External auditors.

  • 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.

5. Business Partnering (Telecom / IT Services)

Partner with Operations and Commercial teams on:

  • Customer and project profitability.

  • Cost management and margin improvement..

  • 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.

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.

Systems & Tools

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

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

ADVANCED CONVERSATIONAL ENGLISH AND SPANISH ESSENTIAL (Will be evaluated).

If you are a foreingner residing in Mexico, you must have a valid INE, CURP, NSS and RFC.

Job type: On site.

Location: Bogotá- Colombia

Salary: 18,000.000. 00 Colombian pesos.

Benefits: Excellent superior benefits.

Skills Required

  • Bachelor's degree in Accounting, Finance, or related discipline.
  • Contador Publico certification.
  • 8-12 years of progressive finance experience in Colombia.
  • Proven experience as Finance Controller or Senior Accounting Manager in a services environment.
  • Hands-on expertise in IFRS and Colombian statutory accounting.
  • Experience with local taxation and compliance (income tax, IVA, ICA, withholding, payroll taxes).
  • Audit and internal controls experience, SOX-type controls and remediation.
  • Treasury and cash management, cash flow forecasting and liquidity management.
  • Fluent English (spoken and written).
  • Strong communication skills in Spanish.
  • Experience managing a team of 4-5 finance professionals.
  • Advanced Excel (mandatory).
  • Experience with SAP (group reporting) and Siigo (local/statutory accounting).
  • Power BI and automation tools experience.
  • Valid INE, CURP, NSS and RFC if foreigner residing in Mexico.
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The Company
0 Employees

What We Do

GSB Solutions is a global company offering technology solutions, ICT solutions, human capital management, educational programs, and cybersecurity services, leading digital transformation through software development and IT consulting.

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