Director/Head - Finance - Shared Services - Motor/Retail/Manufacturing/Telecom

Job Purpose:

- Establish the Accounting team that will partner with the Finance Departments of Company's Motors for their corporate accounting, reporting functions and expense management.

- The role is resident with the Finance function of company and requires the incumbent to work closely with Motors in the UK. Setting the overall context, map the as is process, propose the to be process, build the transition plan, articulate the business case and seek buy in from stakeholders on the solution proposed, build job description for the desired skills to deliver the activities, hire people with those relevant skills and train them for effective delivery, manage change by building credibility with the stakeholders and become a partner of choice. Track performance to the plan and deliver the business case.

- The incumbent will also be responsible to support the delivery of relevant, timely and accurate reporting of financial management information to internal stakeholders. To transition, stabilize and improvise record to report activities of all verticals that fall under Global Finance COE and ensure delivery of specified objectives - relevant, timely and accurate reporting of financial management information to internal and external stakeholders.

Framework & Boundaries:

- Delivery as per agreed and defined operating standards

- IFRS,UK GAAP,HK GAPP, SORP & accounting practices - Important

- Other International GAAP & accounting practices- Low dependence

Roles Framework (KPI)

Delivery Management :

1- Benchmark practices with the best

2- Create global CoEs

3- Management of long-term functional objectives

4- Resource prioritisation

People Management :

1- Role model excellence

2- Build capabilities based on long-term objectives

3- Manage talent, plan succession and develop potential

4- Identify and develop career paths to build talent

5- Build a continuous learning culture

Stakeholder Management :

1- Influence & build long-term relationships

2- Identify, design and implement sustainable solutions

Foresight :

1- Drive a compelling medium to long term vision

2- Anticipate/plan opportunities and challenges

Change Management :

1- Provide inputs on change triggers

2- Communicate and drive buy-in for change

3- Eliminate obstacles

Organisational Perspective :

1- Lead organisational projects

2- Safeguard/drive credibility and reputation

Principle Accountabilities

Responsibilities Overall:

- Own and deliver finance migration targets for the global finance COE.

- Lead workforce of team members across R2R, O2C and P2P.

- Work with the Business Transformation team in scoping activities for the finance migrations.

- Stabilise successful migration and improve process efficiencies.

- Ensure adherence to the agreed SLA with the internal stakeholders for all finance operations.

- Review complex management accounts as agreed with the internal stakeholders.

- Build, develop and retain capabilities within the team to achieve the stated goals.

- Provide timely, accurate and compliant record to report services including statutory reporting in accordance with local IFRS principles.

R2R

- Ensure service level agreements and performance targets related to the R2R (record to report) processes are met.

- Produce routine reports, schedules, and summaries for internal & external customers

P2P

- Accountable for all P2P work streams.

- Supervising timely payments without service impact to vendors.

- Providing meaningful, concise and clear analysis on P2P operations / SLA / deliverables to stakeholders

O2C

- Strong background in O2C operations with strong experience in process re-engineering, change management and Systems transformation and consolidation.

Relationships

Subordinates - Day to day interaction with DRs to provide advice on exceptions

- Weekly interactions with DRs to review BAU

- Monthly interactions with all team members to review BAU

Superiors - Day to Day interaction with reporting authority for strategic direction and to provide update on progress

- Fortnightly interaction with the CEO for updates on projects and objectives

Others

- Fortnightly interaction with stakeholders (senior level) to obtain feedback and consult / update on changes if any.

- Participate and proactively contribute to general management activities of company as a member of the Senior Management 

Team

Person Specifications

Education - Essential:Chartered Accountant, Accounting degree ( like CA,CIMA,ACCA etc)

Experience - 13-15 years of experience in finance and accounting functions.

- At least 5-6 years- experience of handling a team size of at least 60 - 100 team members.

- Worked in off shoring and managed F&A transitions along with strong experience in solutioning and stakeholder management.

- Knowledge of UK GAPP &/ or HK GAPP

- Experience setting a shared services set up

Skills & Abilities :

- Very strong accounting concepts

- Ability to lead and manage a large team

- Communication and presentation Skills

- Ability to influence

- Attention to details (at a supervisory level where the person has an eye for detail and can get into details as and when required)

- Must be able to multi task