Manager of Budgeting and Reporting
SoftConstruct is looking for a Manager of Budgeting and Reporting to join the Finance team at VBET in Yerevan, Armenia. In this role, the successful candidate will lead annual budgeting processes, manage financial forecasting, and oversee management reporting while mentoring a high-performing team of analysts.
By partnering closely with senior leadership and operational departments, the Manager of Budgeting and Reporting will translate complex data into actionable financial insights. This position is essential for supporting strategic growth and driving financial excellence across the organisation.
- 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 organisation, monitoring actual spending against planned budget and identifying areas for cost optimisation.
- Oversee the preparation and delivery of accurate and timely management reports (weekly, monthly, quarterly) detailing the company's financial performance.
- Define, track, and analyse 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.
- 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, utilising financial software (ERP) and business intelligence (BI) tools to increase efficiency and accuracy.
- Ensure the standardisation of reporting templates, methodologies, and data sources across all functional areas.
- 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.
- Expert-level proficiency in Microsoft Excel and building complex, dynamic financial models (3-statement, LTV, ROI) (required).
- Demonstrated experience with Business Intelligence platforms (e.g., Tableau, Power BI, Looker) to build dashboards and automate reporting (required).
- Hands-on experience with Enterprise Resource Planning (ERP) or Enterprise Performance Management (EPM) systems (e.g., SAP BPC, Oracle, Anaplan) (required).
- Solid understanding of IFRS or GAAP principles as they relate to financial reporting (required).
- Experience working with large datasets, SQL, and understanding data warehousing concepts is a plus (nice-to-have).
- Exceptional written and verbal communication skills, with the ability to present complex financial data clearly to non-finance executive audiences (required).
- Strong ability to lead, mentor, and motivate a high-performing team in a fast-paced, high-growth environment (required).
- Meticulous attention to detail and a commitment to data accuracy and integrity (required).
- Ability to link financial results to operational drivers and strategic goals, offering proactive recommendations to improve performance (required).
- Strong communication skills in Armenian and English (required).
- Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field (required).
- Minimum of 5 years of progressive experience in Financial Planning & Analysis (FP&A) or Management Reporting (required).
- At least 2 years of experience directly managing and leading an analyst team (required).
- Proven experience in the iGaming, Online Betting, or Technology (SaaS) industry (required).
- Competitive experience-based salary
- Family health insurance
- Social events, corporate parties
- 4 paid days off during a year
- Learning and Development
- Transportation
SoftConstruct is a technology developer founded by the Badalyan brothers in 2010, working across a range of IT sectors. The company originated several market-leading brands, including BetConstruct, FeedConstruct, SpringBME, Ucraft, Fasttoken and FastShift, which together make up the wider SoftConstruct group. Its best-known product, BetConstruct, supplies online gaming and sports betting software and services to operators worldwide. SoftConstruct employs over 5,000 people across more than 10 trademarks and numerous offices, and is headquartered in Yerevan, Armenia.