Regional Chief Financial Officer - CA

Category : Finance

Job Description :

- To lead the planning, development and execution of financial strategies, policies, processes, and systems for the region, ensuring optimal and sustainable financial growth. Further, to provide leadership, advice, and business support relative to financial practices.

Client Details :

Our client is a leading MNC in the merchandising and sales solutions space with a strong global presence. They are currently looking to hire a regional CFO with a strong leadership capability for one of their regions.

Description :

Strategic Financial Leadership :

- Build relationships and networks within the region ensuring effective communication between the in-country and regional finance teams and line management

- Provide mentoring and direction to in-country finance heads

- Support country heads in the businesses in any material interactions with clients that involve financials

- Analyse financial results of the region and provide meaningful insights to the team

- Ensure effective communication between the head office team, finance department and the business and deal with any issues and queries that may arise

Information Management, Financial Analysis and Reporting :

- Ensure overall accuracy and integrity of the financial results for region

- Collate financial information to be submitted to the global team

- Ensure all regional and global reporting deadlines are met

- Manage balance sheet, particularly working capital, and debtors' collections

- Support the region to ensure that Country Managers are aware of the financial situation of the business and how their actions either support or undermine the financial position of the region

- Understand the key drivers of the businesses in the various countries and develop KPI's to drive growth and profitability and guide leaders to become more efficient in the use of their resources

- Perform scenario and sensitivity analysis

- Assist with updating and perfecting costing models in use and continually develop new models to promote innovative thinking in the businesses

- Embed ROI insight reporting processes to identify performance trends and competitiveness

Budget Management and Forecasting

- Oversee the compilation of budgets, annual and project based, dependent on business and client need

- Negotiate budgets with relevant stakeholders and get approval and sign off

- Implement, manage, and monitor budget achievement monthly and identify variances to ensure all financial objectives are met

- Ensure that the forecasting in the region is accurate with the appropriate level of accountability

Policies, Processes and Controls :

- Ensure that robust accounting systems are in place in the various countries, with a particular focus on:

a. Liabilities management

b. Asset management processes and procedures

c. Custody of assets, insurance, control over cash and FOREX

- Ensure that financial controls within the region are effective

- Optimise financial processes within the region

- Ensure that group accounting, financial and ethical policies and practices are adhered to

Statutory compliance :

- Implement processes and controls to ensure:

- Compliance with the local accounting policies regulatory laws and taxes in country

- Accurate and timely preparation of the in country annual financial statements

- Accurate and timely preparation and submission of various tax returns

- Accurate and compliant statutory records

Risk management :

- Monitor and manage financial risks within the region

- Raise awareness of what good corporate governance entails with all stakeholders

- Proactively remain abreast of latest trends and legislation about good corporate governance

- Assess ways of reducing risk whilst maintaining returns

- Monitor legislation and macro-environment to identify and manage additional risks

- Draft a monthly Risk Identification and Action Plan Review for the management team

Financial Project Management :

- Support the operational teams with new country entries, including financial controls and systems, legal compliance (labour, taxation, exchange control etc.) and contractual terms with clients and suppliers

- Assist with in country M&A projects including negotiations, due diligence and contractual terms when requested

Profile :

- CA with 15 years' + appropriate Financial Management experience, with at least 5 years' experience in a regional finance leadership position

- Experience as a CFO, preferably in a complex global holding structured organization that has multiple affiliates, advantageous

Job Offer :

Opportunity to be associated with one of the leading names in the industry.

Contact - Ekta Singh - +91 (0) 22 4236 3333

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