Public Funding Finance Manager

This is a fully remote position, open to applicants in Italy.

📋 Description

• Take charge of financial reporting for all publicly funded initiatives across the organization.

• Prepare and submit periodic financial statements, cost claims, and final reports through funder portals.

• Oversee timesheet management, personnel cost methodology, overhead calculations, subcontractor and equipment cost eligibility, along with supporting documentation.

• Collaborate with project coordinators, partners, and technical leads on tracking and reporting grant costs.

• Manage WBSO applications and reporting, as well as equivalent R&D incentives in other jurisdictions.

• Maintain a comprehensive grant register across the group, including awards, funding rates, claim schedules, cash receipts, clawback risks, and compliance obligations.

• Assist with grant accounting under IAS 20 and project grant cash flow and income forecasts.

• Serve as the primary finance contact for funder audits, CFS, reviews, and ex-post controls.

• Prepare audit documentation, coordinate auditor access, and manage responses and remediation efforts.

• Monitor funder regulations, state aid requirements, and eligibility criteria.

• Design and enhance internal controls, policies, and templates to ensure grant compliance.

• Oversee accounting, month-end closing, and financial reporting for the Italian entity according to Italian GAAP and group IFRS standards using NetSuite.

• Prepare statutory financial statements and manage relationships with the Italian statutory auditor.

• Generate group reporting packs, intercompany reconciliations, and balance sheet reconciliations.

• Supervise local payables, receivables, cash management, banking, and payroll inputs.

• Coordinate with tax advisors and accountants on IRES/IRAP, VAT, withholding taxes, transfer pricing, and periodic filings.

• Ensure timely tax payments, returns, statutory filings, and local compliance submissions.

• Provide support during tax audits and address authority inquiries.

• Contribute to meeting Italian regulatory and governance requirements, including AML/beneficial ownership documentation.

• Collaborate with engineering, program management, HR, and legal teams on funding, budgeting, and compliance matters.

• Assist with grant applications by preparing budgets, verifying cost eligibility, and drafting financial proposal sections.

• Contribute to group finance initiatives, process enhancements, systems development, forecasting, and capital-markets readiness.

⛳️ Requirements

• Bachelor’s or Master’s degree in Accounting, Finance, Economics, or a related field.

• Over 5 years of experience in finance, preferably encompassing public funding or grant management within a technology, R&D-intensive, or semiconductor setting, or in audit/advisory roles.

• Practical experience with financial reporting for EU-funded projects, including cost eligibility, audit certificates, and funder portals.

• Strong knowledge of Italian GAAP (OIC), statutory reporting, and Italian tax regulations (IRES, IRAP, VAT).

• Familiarity with IFRS and experience in supporting group consolidation or reporting.

• Proven experience in managing statutory audits and collaborating with external auditors and tax advisors.

• Proficiency in ERP systems, preferably NetSuite.

• Advanced skills in Excel.

• Fluent in Italian, both written and spoken.

• Professional-level proficiency in English.

• Experience with IAS 20 grant accounting and R&D incentive schemes across multiple countries is a plus.

• Experience in a multi-entity, multi-currency, international organization is advantageous.

• Knowledge of state aid regulations and clawback/recovery mechanisms is desirable.

• Experience in a scale-up or high-growth environment is beneficial.

• Regular travel to the Netherlands is required.

• Professional working proficiency in both English and Italian, written and spoken.

🏝️ Benefits

• Competitive salary and equity participation.

• Hybrid working arrangements and opportunities for professional growth.

• A key role in a rapidly growing deep-tech company at the forefront of AI hardware.

• Direct access to group leadership and a wide-ranging international scope.