Role Title: AOI CFO

Reports to: Group CEO/Board

Working arrangement: Primary : SBS Rangsit

Purpose of the role:

As the Group CFO, you will be responsible for overseeing the financial operations of our education group, including the opening of new schools. You will work closely with the CEO and other senior leaders to ensure financial objectives are met, while ensuring compliance with regulatory requirements.

The position will be based in Bangkok but will require travel as and when required to other schools in the group.

Direct Reports: Group FD and Financial Directors/Managers in each school

The specific duties of this position are listed below:

• Lead the financial operations of the education group, including budgeting, forecasting, capital expenditure, financial reporting, audit and financial systems.

• Develop and execute group financial strategy aligned with expansion plans

• Provide financial analysis, insight and support to the CEO/EXCO and other senior leaders to aid decision-making.

• Business Performance Management - Monitor KPIS such as enrollment, retention, revenue per student

• Drive cost optimization and margin improvement

• Develop and implement financial policies and procedures to ensure compliance with regulatory requirements and best practices.

• Provide financial analysis and reports to senior management and other stakeholders, including the Board of Governors and any investors.

• Prepare and present financial related data at monthly EXCO meetings

• Manage the group's cash flow, working capital, and capital expenditure, ensuring that funds are allocated effectively and efficiently.

• Manage the group's banking relationships and maintain strong relationships with key stakeholders, including investors and lenders.

• Negotiate and approve contracts with various vendors

• Approval of payroll and high value bank transfers & Purchase Orders

• Supporting the process of bank loans for any new campus investments and restructuring of current loans if required.

• Manage the financial due diligence process for the opening of new schools, including negotiating financing terms

• Develop financial projections and business plans for new schools, ensuring they are financially sustainable and aligned with the group's overall strategy.

• Work closely with Head of Schools and CEO in general planning for new schools

• Work closely with the Head of Schools to ensure compliance with all applicable laws and regulations.

• Develop and implement risk management strategies to mitigate financial risks and ensure the long-term sustainability of the group.

• Provide leadership and direction to the finance teams in all three schools, ensuring they are motivated, engaged, and committed to delivering high-quality financial services.

• Assist with the recruitment and selection of senior finance positions in all the schools

• Identify and implement opportunities for financial efficiency and improvement across our schools.

• Manage the institution's financial risk, including identifying and mitigating financial risks.

• Provide financial guidance and advice to senior management and other stakeholders.

• Where possible implement financial systems and procedures that can be adopted by all schools in the Group

• Identify and implement a standardised financial reporting framework or dashboard for easy visibility of group financial performance

• Actively lead and assist negotiations for group or bulk discounts from suppliers by leveraging the collective buying power of all the schools

IPO Related

• Lead and direct the IPO process from end to end - including identifying current gaps to be addressed to comply with requirements for initial filing and subsequent post IPO compliance

• Act as IPO program director to ensure readiness assessment, due diligence, filing and regulatory review, roadshow and pricing

• Act as primary liaison with regulators, financial advisor and auditors

• Ensure compliance with full TFRS and SEC disclosure rules & regulations

• Build IPO-quality financial statements and disclosures

• Ensure robust quarterly closing discipline, strong Balance Sheet and liquidity

• Optimize capital structure and shareholding structure

• Develop equity story for growth strategy, financial narrative and use of proceeds

• Act as key spokesperson on financial matters during analyst briefings, investor roadshows and due diligence sessions. This will involve Investor Relations post IPO

• Complete any required mandatory training related to SET/SEC

What We Offer:

• About you: Fluent written and spoken English and Thai

• Compensation: Monthly salary depending on qualifications and experience

• Performance bonus: 1-2 months Salary, dependent on performance

• Health insurance, after probation

• Provident fund, after probation

• Annual leave entitlement: 25 days per year

• Eligible for a free international and Thai lunch buffet at SBS Canteen

The school will consider applicants with completed documents that include:

• A cover letter outlining background, experience, interests, and philosophy of education

• A CV with a recent photograph is preferred.

• Two professional references (including most recent line manager, with position and email contact details)

Candidates can send their curriculum vitae to Human Resources at: [email protected]

We look forward to hearing from you and working with you! Please kindly name the subject as "Application for AOI CFO"