
Global Carbon Market Utility (GCMU)
Call for Finance Consultancy Services (Fractional CFO)
GCMU wishes to engage an experienced finance consultancy to provide fractional Chief Financial Officer services to the group on an independent consultancy basis.
- Location
- Remote · United Kingdom
- Contract
- Contract · Remote only
- Posted
- 1d
About the role
The Global Carbon Market Utility (GCMU) is a financial market utility that serves as the underlying book of record for the carbon market. GCMU's mission is to transform the carbon market into a financial market large enough to have real climate impact.
GCMU's core product is a registry that allows for the recordation of projects, credits, and transactions, as well as the ability to take and perfect security interests against credits. Our product is designed to resemble the ledgers found in developed financial markets. It is supported by best-in-class technology and security-first design principles and built to withstand the scrutiny of auditors and regulators. Critically, it provides the missing services needed to scale carbon finance. GCMU's infrastructure is designed to meet the needs of a diverse range of participants. Large financial institutions can use our product to record encumbrances when deploying project finance, crediting programs can register projects and issue credits, and market participants can access, control, trade, and retire credits with greater confidence.
GCMU wishes to engage an experienced finance consultancy to provide fractional Chief Financial Officer services to the group on an independent consultancy basis. The engagement is for a newly established organisation that provides financial services. The Consultant will provide strategic and operational finance leadership services in relation to day-to-day finance, statutory and tax compliance and audit across the group's US and UK operations, and intercompany arrangements, working alongside the CEO and Chief of Staff, the board and external advisers. The engagement is suited to a finance consultancy comfortable building processes from the ground up and providing services across a cross-border group.
To express interest
Please send a short proposal to careers@gcmu.net setting out your relevant experience and approach, your availability and indicative day rate, and confirmation that you would engage through your own limited company. Please also include a CV for the individual you propose will lead the provision of the Services to GCMU.
Responsibilities
Scope of services
The Consultant shall provide such of the following services as GCMU may reasonably request from time to time, having regard to the nature and scope of the engagement:
Finance management and reporting
-Support and improve day-to-day finance for GCMU, including oversight of bookkeeping, accounts payable and receivable, and cash management.
-Conduct the month-end close and produce management reporting for the CEO, Chief of Staff and board.
-Support budgeting, forecasting and maintenance of the projection model, and cash forecasting, with analysis to support decisions across the group.
-Prepare reporting and other documentation for investors and prospective investors.
-Analysis of financial performance against the budget and strategic planning.
-Oversee external bookkeeping and finance vendors.
Statutory, tax, audit and compliance
-Coordinate tax and financial audit across the whole GCMU group, in both the US and the UK.
-Assist with the preparation and filing of UK statutory accounts under the applicable standard (FRS 102 or IFRS) and meet all Companies House obligations.
-Help to prepare UK corporation tax, VAT registration and returns, and PAYE where the group employs UK staff, alongside appointed advisers.
-Help to prepare US federal and state tax filings and compliance with US GAAP, and maintain records in line with IRS, funder and audit standards as well as FASB ASC compliance.
-With the Chief of Staff, manage financial audits across the group and manage relationships with auditors, tax advisers, banks and regulators.
-Work with leadership on transfer pricing and intercompany arrangements for the licensing of intellectual property between group entities, with documentation that meets HMRC and US requirements.
-Maintain financial controls, policies and records to audit standard.
Treasury and banking
-Establish and run banking for the group, including USD and GBP wire and ACH capability and multi-user online access.
-Manage cash flow and intercompany funding across the group.
Group structure and strategic support
-Manage the financial elements of the group structure and evolve them as needed, coordinating with the appointed tax and legal advisers.
-Provide ad hoc analysis to evaluate opportunities and prepare materials for board meetings and funders.
-Evaluate and implement finance systems and workflows to keep the group efficient and compliant as it grows.
Requirements
Experience and skills
-Senior finance leadership experience as a Finance Director or CFO, ideally on a fractional or interim basis.
-Clear communicator able to translate financial and structural detail into recommendations for the CEO and board.
-Strong statutory reporting, tax and transfer pricing experience across the UK and US, with comfort handling cross-border and intercompany arrangements.
-Experience overseeing US federal and state tax, US GAAP, whether directly or through advisers.
-Experience standing up finance for newly formed entities and working within group structures.
-Comfortable coordinating external tax, audit and legal advisers in more than one jurisdiction.
-Familiarity with financial market infrastructure or carbon markets, experience in financial services, and a recognised accountancy qualification (ACA, ACCA or CIMA) is preferred but not required.