Head of Finance
Position Summary Expectations - Duties, Responsibilities
General:
- Responsible for all finance, accounting and tax related matters
- Responsible for the financial result of the area
- Responsible for the risks / exposures for all business units
- Drives value creation initiatives in close cooperation with Regional Management
- Ensures high quality and timely reporting for group, tax and statutory/legal reporting
- Ensures reporting and accounting according Reporting and Accounting Manual
- Planning, Steering and Controlling
- Participation in the business plan development and definition of objectives short/mid term
- Proactive analysis of investment plans
- Steers the short-term planning (budget/forecast) process
- Analyzes results, reports findings to area management and ensures/supervises implementation of action plans.
- Ensures compliance to the Internal Control System (ICS)
- Proactively drives the value creation program and value creating initiatives for the corresponding country/area
- Treasury and Foreign Exchange Management
- Supervise:
- Cash planning, management and funding requirements
- Foreign currency management in line with Group standards
- Handles of corporate and bank guarantees
- Releases payments to bank
- Reporting
- Monthly, quarterly and yearly reporting as per policies & guidelines
- Statutory reporting in accordance with local laws and requirements
- Co-operation with external and internal auditors and follow-up of their reports
- Proactively monitor the tax exposure and drive the reduction of the tax rate for the corresponding country/area
- Tax returns for income tax, capital tax and indirect taxes
- Net Working Capital Management
- Establishes local credit policies (if needed) and ensures adherence to Group guidelines
- Strict monitoring of accounts receivables and respective reporting to Regional office
- Proactively drives the reduction of DSO and overdue receivables as well as the extension of the DPO for the corresponding country as per targets
- General
- Assures appropriate staffing and corresponding training
- Support Group and Regional management in all finance related issues / projects
- Special tasks as per Group or Regional management
- Maintains and communicates local policies and amendments for group policies
- Degree holder in Accounting / Finance / Auditing/ CPA
- Proven people management and leadership skills
- Project management skills
- Ability to prepare and work with reports
- Cost optimization oriented
- Ability to work under pressure
- Is familiar with entrepreneurial and strategic matters
- High degree of accountability, credibility and assertiveness
- Organizational skills
- Ability to manage cross functional interfaces and work with different cultures and with remote off-shore partners
- Strong communication, presentation and interpersonal skills
- Team player
- Fluent in English for both written and spoken
