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Chief Financial Officer

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Posted: 14 June 2021

1.1    Introduction to GST

Global Study Technology (GST) was launched in February 2020 and aims to be the premier, global platform matching students with post-secondary institutions abroad.  

Studying abroad is a fast-growing but highly fragmented space, ripe for innovation and consolidation. Institutions worldwide are increasingly seeking foreign student tuition dollars - significantly higher than tuition fees paid by domestic students – as the education arena becomes ever-more competitive. In major source countries such as China and India, there is a greater than 20% YoY growth in the number of students seeking to study abroad. 

GST offers an intuitive online platform and teams of qualified counsellors - a combination that enables students to navigate the often-fraught journey of studying abroad more easily. The company has partnered with more than 300 universities and other post-secondary institutions across the UK, the US, Australia, Canada and the UAE, with more countries being added, and delivered its first student enrolments in September of 2020. In addition, GST will offer students much-needed assistance in establishing themselves in the foreign country where they are attending an institution of higher learning, including help with visas, accommodation, banking, mobile phone services and health insurance (ancillary services). Our business model currently includes commissions from enrolments and ancillary services, counseling service fees and advertising revenue. 

GST has offices and operations in 6 countries including the UK, US, China, UAE, India and Canada, with plans to add 3 more offices over the next 6 months. 

We have an aggressive international expansion underway, including a financing and M&A roadmap, and aim to become a top 3 global player in the Study Abroad space within 4years. GST has raised capital from experienced entrepreneurs and strategic investors in the EdTech space and is seeking a talented, experienced, and strategic-minded professional to become its CFO.

1.2    Jobs Overview

Reporting to the CEO and serving as an integral member of the executive team, the CFO will have primary responsibility for planning, implementing, managing and controlling all financial-related activities including the development of financial and operational strategies. The CFO will lead all day-to-day finance operations including direct responsibility for accounting, tax, forecasting, strategic planning, job costing, deal analysis, negotiations and investor relations. The CFO will ensure systems and procedures are in place to support effective program implementation and conduct flawless audits. S/he will be involved in presentations to the board and audit committee, and will work closely with the senior leadership team.

1.3    Job responsibilities

Key responsibilities:
  • Ensure suitable systems, processes, controls, reporting, audit and compliance are in place taking into account anticipated international growth
  • Evolve and maintain appropriate financial planning and analysis for budgeting, rollingforecasts, KPIs, trends and value creation
  • Implement a strategic planning and development framework including Return on Investment tools for strategic and R&D opportunities
  • Support commercial performance management with input on pricing, recurring revenues, optimising resources and costs, as well as analysis of new market opportunities with customers and suppliers and partners in the UK and Internationally
  • Create a Finance team plan including capabilities to support growth and a high performance culture
  • Develop the tax strategy to take into account growth as well protecting the business from adverse exposure for international operations, transfer pricing, employee taxes and VAT
  • Lead Investor Relations reporting and management
  • Support the CEO in equity raising via placing of shares as required
  • Establish robust cash and FX management for the planned international growth
  • At the appropriate time lead exploration of financing available to the company and any acquisition analysis

1.4    Credentials and Experience

We are seekingan experienced professional with the following background and skillset:
  • 5+ years of related experience in a progressive senior leadership role in an education related business, preferably in a
    C-Level position
  • University degree combined with membership of a professional accounting body such as ACA, ACCA or CIMA
  • Implement a strategic planning and development framework including Return on Investment tools for strategic and R&D opportunities
  • Experience in a fast growing, entrepreneurial, technology focused business
  • Strong technical accounting skills combined with considerable acumen and experience in treasury management
  • Extensive experience building sophisticated financial models
  • Outstanding enterprise leadership skills: strategic thinking, business acumen, coaching for performance, relationship building, complex decision making and negotiating
  • Outstanding enterprise leadership skills: strategic thinking, business acumen, coaching for performance, relationship building, complex decision making and negotiating
  • Strategic thinker with the ability to see where the business is headed; ability to think outside the box and create practical technical solutions
  • Ability to grow as the business grows and to manage a rapidly expanding business
  • The highest degree of professional ethics, honesty and integrity, understanding and believing in GST’s guiding principles

1.5    Compensation

We are offering a competitive salary with a robust bonus and incentive stock option package.

1.6    Work Hours

The CFO role is a full-time position based out of the Company’s London, UK HQ, with some flexibility to work from home.

Target Start Date: July 31, 2021

APPLY for this position by sending an introductory email along with your Bio and CV to jobs@globalstudytech.com. If we are interested in your submission, we will reach out to you to set up an introductory call. We apologize in advance for not responding to all submissions.