Financial Director

Job Description

Distributes the financial resources of a company, is responsible for the budget planning, and supports the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the company.

This qualified and experience financial expert must be dedicated on P&L analysis and reporting, modeling and build business that will support operational development

He or she will have the entire financial analysis and advisory responsibility of this division, offering prompt support to the division management in order to make the best business decisions.

He/she will interact with rest of the team of Finance, (analysts, finance managers of other divisions, project teams, accounting, warehouse, purchasing, IT).

Reports To

CEO

Group CFO

Duties and Responsibilities
 

• Drive optimization of operations by providing forward looking analyses and liaising closely with the other management team members;
• Business support on site (prepare reports for decision making, suggest improvements)
• Monthly reporting to group, division and business unit (ERP, Power Point, Excel) regarding current and projected company financial position within the deadlines;
• Business planning and forecast;
• Analyze budgets, preparing periodic reports that compare budgeted costs to actual costs;
• Utilize teamwork to develop departmental synergy;
• Monitors compliance with generally accepted accounting principles and company procedures;
• Responsible for distributing financial statements and cost center reports;
• Prepares work papers and supporting schedules for the annual financial review;
• Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved;
• Applies cost accounting methods to achieve accurate representation of cost center performance and product costs;
• Responsible for holding manufacturing plant management accountable for accuracy and timeliness of inventory controls and cost controls;
• Support the company’s mission, vision, values and goals in the performance of daily activities;
• Develop and implement various accounting procedures in line with group or external guidelines;
• Work with both internal and external auditors during financial and operational audits;
• Report, analyze, and ensure integrity of all financial information;
• Prepare monthly cash forecast;
• Providing strategic and multi-dimensional analysis to support them in making key business decisions;
• Deliver insightful analysis based on your knowledge of the business to support key business decisions;
• Analysis within the commercial team of challenging proposals vs. company strategy and targets.
• Evaluate the investments including OPEX and CAPEX dimensions and monitoring the actual performance vs. assigned objectives;
• Reporting and relevant analysis & commentaries within monthly reports, strategic scorecards, quarterly management reports;
• Periodical performance reviews with the commercial to analyze results, the return of investments highlighting key issues, risks and opportunities for further decision making;
• Conducting appropriate communication with key stakeholders from operational teams to develop medium term & annual plans at the level of detail relevant for the business (brand/project/month) and align those plans to the overall financial targets;
• Prepare budgets, forecasts and long-range plan set of financial & operational statements standalone and consolidated;
• Performance management related to deviations versus plan;
• Make presentations / reports corresponding financial data on locations and throughout the business;
• Prepare special reports and offers solutions management, in order to increase productivity and reduce costs;
• Continuous development and update of business planning models based on current and expected developments of the business;

Job Requirements

Experience:

• Bachelor degree in Accounting or Finance, MBA is desirable
• Minimum 3 years of Finance management experience, from an industrial manufacturing company or in progressively responsible financial leadership roles
• Exposure on operational finance analysis and reporting including not only Romania could be very useful;
• High level of integrity and dependability with a strong sense of urgency and results-orientation;
• Demonstrated leadership ability, confidence and executive presence – ability to motivate staff;
• Excellent analytical, reasoning and problem-solving skills;
• Able to take the lead in internal discussions and negotiations;
• Self-motivated, results driven, and autonomous taking responsibility for achieving your targets;
• Numerical with the ability to apply intermediate Excel skills;
• Stakeholder management (develop and maintain strong value-added relationships);
• Excellent overall interpersonal skills (ability to work closely with different departments, team, consultants, and external auditors)
•  In dealing with government authorities would be a plus; Knowledge/qualifications:
•  Production controlling knowledge;
• ERP – conceptual knowledge;
• Business English, spoken and written;