Deputy CFO

MITS Capital is looking for a Deputy CFO for one of its portfolio companies in the defense technology sector. The company’s identity is confidential and protected under an NDA.

Deputy CFO

IFRS Implementation and Integration

Unnamed Group

Industry: Defense technology, manufacturing and international business

Location: Kyiv, Ukraine

Working arrangement: Office based; hybrid arrangements subject to agreement

Reports to: Chief Financial Officer in Denmark

About the Group and the Role

The Group is a next-gen defense company that brings together high-performing Ukrainian manufacturers into a single platform designed to build, scale, and deploy systems proven in real battlefield conditions. The Group integrates this expertise into system-level solutions that detect, identify, and neutralize aerial threats, with its core product being an integrated, ready-to-deploy counter-drone system supported by services and CONOPS.

As the Group expands through the growth of existing businesses and integration of new operating companies, we are seeking a Deputy CFO to lead the journey of professionalizing the local finance teams and harmonizing the accounting standards to follow International Financial Reporting Standards (IFRS).

The role focuses on financial integration, professionalization, consistent application of IFRS accounting policies, and reliable reporting, forecasts and budgets for group consolidation, working closely with the CFO and finance team in Denmark.

Key Responsibilities

• Support the local finance manager’s and CFO’s in professionalizing their finance functions, thereby ensuring timely and high-quality monthly reporting according to Group timelines and readiness for BIG Four audit procedures.
• Support the operating companies to ensure strong procedures across the whole company for Budgets and Forecasts.
• Identify variations between local GAAP and IFRS Implementation across Operating Companies and ensure operating companies report financials to Group IFRS reporting.
• Guide and train local finance teams in transitioning from Ukrainian accounting standards and practices to Group IFRS reporting requirements.
• Resolve technical accounting issues under IFRS, including revenue recognition, inventory valuation, fixed assets, impairment and intercompany transactions, with a focus on manufacturing and defense technology.
• Establish a roadmap for hands-on transition to and implementation of IFRS across existing and newly integrated operating companies in Ukraine.
• Support implementation of one single Business Intelligence system across the Group to ensure adequate management data and reporting availability both in the operating companies and at Group level.
• Evaluate current ERP and accounting systems to build a roadmap for new ERP implementation.

Financial Integration and Group Consolidation Support

• Support the financial onboarding and integration of new operating companies joining the group.
• Ensure accurate, timely and complete monthly and quarterly IFRS reporting packages from operating companies for group management reporting and financial consolidation.
• Reconcile intercompany accounts, transactions and balances across group entities.
• Act as the primary technical point of contact between operating companies, the CFO in Denmark, and external auditors and IFRS advisers.

Operational Finance and Management Reporting

• Streamline financial reporting data flows from operating companies to provide management with clear, actionable insights consistent with IFRS financial data.
• Assist operating companies in aligning budgeting, forecasting and cash flow reporting with group reporting requirements and ensuring consistency with IFRS financial data.
• Identify process bottlenecks and drive practical improvements in financial reporting efficiency and accounting systems.

Candidate Requirements

Essential

• A university degree in finance, accounting, audit or economics.
• At least five years of practical experience in finance, IFRS accounting, audit or financial controlling within multi-entity or manufacturing environments. Experience with a Big Four firm or an international audit network is highly valued.
• Proven hands-on experience implementing IFRS and transitioning operating companies from local GAAP to IFRS reporting.
• Deep technical understanding of key IFRS standards and group consolidation principles.
• Strong practical experience with multi-company financial structures and intercompany reconciliations.
• Advanced Excel skills and familiarity with the integration of ERP and accounting systems.
• English at Upper-Intermediate level (B2) or above, sufficient for daily professional communication with the Danish team and CFO.

Desirable

• ACCA, DipIFR, CPA or an equivalent professional qualification, completed or in progress.
• Experience in multi-entity manufacturing, defense or technology groups.
• Direct involvement in financial integration following acquisitions or other combinations of businesses.
• Experience with European corporate financial reporting practices and audit processes.

Key Competencies

• A hands-on mindset focused on implementation and delivery.
• Strong communication and stakeholder management skills across multiple companies, including the ability to explain IFRS requirements to local accounting teams.
• An analytical, structured and pragmatic approach to problem-solving.
• Adaptability in a fast-paced integration environment with changing priorities.

What We Offer

• A key role in professionalizing local finance teams, secure Group IFRS reporting and integrating financial reporting across an expanding international defense technology group.
• Direct collaboration with the CFO and executive team in Denmark.
• An opportunity to shape the group’s financial foundations, readiness for international audits and support for growth.
• Competitive compensation reflecting experience and expertise.

Employment Terms

• Location: Kyiv, Ukraine.
• Employment and working arrangement: full time, office based in Kyiv; hybrid arrangements subject to agreement.
• Business travel: frequent travel to operating company sites in Ukraine and occasionally to Denmark as needed.
• Compensation: competitive and agreed individually based on experience and qualifications.
• Contractual arrangement: agreed individually with the selected candidate in accordance with applicable law.