Job Description

The Director of Finance will set the direction for the Finance Department and to provide the managerial leadership to the Department to ensure that the line management teams of the Companies being served are equipped with the financial planning and analysis tools, data, and support to achieve their Company revenue growth, net profit, and other agreed KPIs.

Key Accountability Areas

Financial Planning:

• Business Plans : participate in defining the company’s three-year business targets and strategies, and lead in creating the three-year and annual financial targets and operating plan.
• Budget: lead the preparation of the Annual Budgeting process in support of the annual operating plan. Define the structure and variables to be used in budgeting. Guide and support line management in preparing budgets. Run simulations to test budget proposals. When approved, routinely report on and highlight budget-related issues.
• Forecasts : prepare and review Monthly and YTD Results with management and utilize forward-looking business intelligence to assess current year outlook.Proactively identify opportunities and risks and drive actions to enable the Companies to meet or exceed their business plans.

Financial Analysis and Performance Improvement:

• Month End Business Reviews: analyze and present month-end financial results dashboards, and forecast updates for the rest of the year to management, including risks and actionable opportunities for optimizing financial performance.
• Quarterly Business Reviews : lead Quarterly Business Review Process with a half-day deep-dive assessment of external factors and key Departments’ performance to give a holistic assessment of the state of the business, including forward-looking risks and actionable opportunities to optimize business results.
• Quarterly Board Meeting Reviews : prepare for Quarterly Board Meeting reviews and support Company leadership in presenting, in line with established formats.

Financial Closings:

• Monthly Closing: lead in ensuring completion of month-end closing, verification, and reporting of results to relevant external and internal parties.
• Year-End Closing: lead in ensuring completion of year-end closing, verification, and reporting of results to relevant external and internal parties.
• Capital Expenditures:
• Proposals: support preparation of Capital Expenditure proposals and assessment of return on capital invested.
• Return on Investment: when approved, track and report on the implementation process and return on investment against the plan, as well as risks and opportunities for improvement.

Business Partnerships:

• Collaboration with Finance and Accounting Teams : work seamlessly with Head Office and other related in-company Finance and Accounting colleagues to share best practices and provide high-value-added finance and accounting services to line management.
• Line Management and their Teams; be a trusted advisor and partner to cross-functional colleagues, providing financial insights and coordinating efforts across the company to deliver superior business results.

Required Education and Experience

• Bachelor’s or higher degree in Finance, Business Management, or related field.
• 10 years in areas of increasing responsibility in a finance function
• 5+ years’ experience in financial planning, control, and analysis, and in-depth practical knowledge of corporate finance and accounting principles, laws, and best practices.
• Advanced Microsoft Excel and PowerPoint skills. Business Intelligence/Objects and Lawson M3 skills are desirable.
• 3-5 years of managerial leadership experience.
• Experience in multi-unit wholesale/retail concepts preferred
• Proven strong analytical, problem-solving, consultative, and interpersonal skills.

Job Tags

Similar Jobs