The Company
Tried, tested, trusted, Geoteric is the Home of AI for Energy.
Already the global frontrunner in AI seismic interpretation software, we're entering an exciting phase of growth, backed by a new investment group.
Our interpretation software is used across the energy industry and has been enhanced in recent years with revolutionary, first-to-market AI technology to achieve an accurate visualisation of the subsurface, faster than ever before.
We are proud to be playing a part in the journey to Net Zero, helping our customers to optimize the world’s resources today while paving the way for a more sustainable tomorrow.
At Geoteric, we don’t just shape a better understanding of the earth, we shape careers. Join us on the journey…
The Role
Working closely with the Chief Executive Officer (CEO), the Senior Management Team and the Board of Directors to implement the strategic vision and direction for the Company.
You will have primary responsibility for planning, implementing, managing and controlling all financial-related activities including the development of financial and operational strategies.
You will attend Board Meetings to report and advise on financial and corporate governance matters.
The Finance Director is an integral member of the Senior Management Team and will play a significant role in the overall success of the Company.
Responsibilities
Advise on the financial, commercial, and operational strategies required to achieve the long term Geoteric strategy.
Work closely with the other members of the Senior Management Team in the preparation of the Budget and Annual Operating Plan.
Ensure the Company’s Financial Modelling and Forecasting provide a reliable basis for operational decision-making.
Update and maintain rolling financial projections based on the latest revenue and expense forecasts.
Define and implement metric reporting to measure operational performance (for example, to monitor development projects, or service delivery).
Oversee all accounting policies and procedures and the financial systems used by the Company and its subsidiaries.
Ensure that the financial information and reporting requirements satisfy the requirements of the Board.
Ensure effective internal controls are in place and compliance with applicable regulatory legislation for financial and tax reporting.
Work with the company’s tax advisers to ensure the group transfer pricing policy and other accounting policies comply with international tax and accounting standards, and the specific regulatory requirements in Geoteric’s operating jurisdictions.
Manage the Company’s banking relationships.
Manage the Company’s treasury requirements, monitoring bank balances in all jurisdictions to maintain optimal funds as required operationally.
Oversee the annual audit and tax planning process, liaising with the Company’s Auditors and Tax Advisors in both the UK and foreign jurisdictions.
Ensure high standards of corporate governance are maintained, meeting all financial, legal, and regulatory requirements in both UK and foreign jurisdictions.
Review NDAs and commercial proposals in collaboration with the Sales team.
Personal Profile
Qualified accountant (Chartered or Certified). Alternative education and industry experience will be considered
Experience in a PE-backed, rapid-growth SME.
Significant international experience establishing and managing subsidiaries.
Proactive, analytical, pragmatic, ready to accept accountability and challenge established methods to improve efficiency and automate where needed.
Team player with leadership skills to coach and motivate others
Hands-on, with an understanding that working in a small team involves significant participation in routine processes.
An ability to establish and maintain effective internal relationships at all levels.
Desirable Experience
Drive strategic financial initiatives to enhance business value, including implementing growth-focused processes, optimising operational efficiency, and supporting key organisational transitions.
Advise on and assist with the review of all legal agreements with key customers, vendors, strategic partners and resellers.
Relationships
Reporting to the CEO, the Finance Director will collaborate closely with other members of the Senior Management Team, the Board of Directors, external advisors and key staff members across all Geoteric offices.
The Finance Director has management responsibility for a small, high-performing team.
Location & Travel
The position is based in Newcastle with some flexibility to work remotely up to two days per week, assuming business needs are met.
Occasional domestic and international travel
Salary & Benefits
A competitive salary will be offered in line with skills and experience. We offer a comprehensive range of benefits including:
A 9-day fortnight working pattern, where you get every second Friday off—giving you an additional 25 days off each year!
Flexible working
Generous holiday allowance
Pension Plan
Life Insurance
Private Health Care
Personal Development Plan
Time off to volunteer
Cycle to Work scheme
Discounted retail scheme
If you're a skilled financial leader looking for an exciting opportunity, Geoteric is searching for a Finance Director to join our vibrant Newcastle team! We're the pioneers of AI seismic interpretation software, empowering the energy sector with innovative solutions that push the boundaries of what's possible. As the Finance Director, you'll work hand-in-hand with our CEO and Senior Management Team to shape our financial strategy and contribute to our ambitious growth plans. This role isn’t just about numbers; it’s about playing a pivotal part in our journey towards achieving Net Zero and optimizing the world’s resources. You’ll oversee all financial operations, from developing comprehensive financial strategies to guiding our budgeting process, ensuring that our operations run smoothly and efficiently. Additionally, your expertise will be crucial in maintaining compliance with financial regulations and upholding the highest corporate governance standards. If you're a proactive and analytical qualified accountant with experience in rapid-growth companies and a passion for financial innovation, we want to hear from you! Join us at Geoteric where we don’t just offer you a job; we offer a chance to shape the future of energy management while building your career on the path to sustainability. Are you ready to make an impact with us?
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