Role Purpose Statement
The role contributes to the definition, development and management of a planning and management control system able to ensure the company achieves its business results, through the coordination of the budgeting process, the collection, assessment and analysis of results, and support to the interpretation and making of decisions. The role reports to the country Finance Manager.
Main Accountabilities
Finance strategy and business partnering:
- Advise and challenge business with timely and proactive analyses, assessments of variances to the plans, financial impacts and risks.
- Provide Management Information to other departments
- Inform timely on any unexpected issue impacting potentially the financial performance of the Country and Area.
- Propose/implement corrective actions.
- Identify areas of improvement in business and organisation and propose implementation plan.
- Monitor key ratios.
Finance Policy:
- Strict implementation of IFRS and internal guidelines across the entities (and others if applicable).
- Adherence to the local fiscal and finance related regulations of the respective country.
- Inform timely on potential issues, assess the risks and propose corrective measures.
Manage and process collections:
- Forecast collections
Working in close collaboration with the country Finance organisation and ensuring timely achievement of the below tasks:
Period end closing and reporting:
- Define Journal Entries
- Perform analytical review
- Perform Internal Controls
Inventory management and validation:
- Perform cost accounting and control
Financial budgeting and planning:
- Contribute to achieving financial ambitious goals and targets; and challenge budget of other departments and of other organisational units if applicable
- Forecast P&L and cash flow
- Perform budget process
Costing: Perform variance analysis
Management reporting and forecasting:
- Prepare period financial forecast
- Evaluate financial performance by advise and challenge the business with timely and proactive analyses, assessments of variances to the plans, financial impacts and risks; provide management information to other departments; inform timely on any unexpected issue impacting potentially the financial performance of the Country and Area, propose/implement corrective actions; identify areas of improvement in business and organisation and propose implementation plan, monitor key ratios; identify & implement synergies across the country; propose efficiency improvement measures
Projects and improvements:
- Support HQ/Corporate Finance in the implementation of corporate Finance programs, processes or procedures which are to be locally applied.
- Contribute to performance management and drive continuous improvement initiatives e.g. propose standardized and co-ordinated use of financial information systems, identify and propose optimization measures
Compliance and integrity:
- Strict implementation and adherence to internal guidelines, instructions, processes and systems, local as well as global
- Strict adherence to the local fiscal and finance related regulations of the respective country
- Risk management: Inform relevant parties timely on potential issues, assess the risks and propose corrective measures
Collaboration:
- Collaborate with SDM’s to ensure smooth service delivery
- Collaborate with GPO to work on continuous process improvements
- Collaborate with BPO to ensure a smooth relationship and a seamless delivery of the in-scope finance activities
Required Education/Qualifications/Skills:
• University master degree in Finance or Economics
• 7- years’ experience in Finance and at least 2 years’ working experience as finance analyst in a multinational environment
• Demonstrated understanding of financial and accounting principles and processes
• Demonstrated experience in leading teams, on- and off shore
• An analytical mindset and be a self-starter, being able to see opportunities and solve problems independently
• Good communication and stakeholder management skills, being able to work with both management and employees in the organisation
• Presenting your views and being challenged
• Work independently with the ability to influence multiple stakeholders
• Ability to work in decentralised finance structure
• Ability to set long-term financial targets and sponsor performance improvement projects
• Professional business English (oral and written) as well as local language as required