Financial Leadership
1. Responsible for the finance function in the region, providing financial leadership to region and branches to identify and manage financial risk and drive the business in alignment with the company strategy.
2. Develop the regional finance team and assure adequate skills and resources.
Financial Accountability
1. Oversee the financial accounting operations of the region and the branches.
2. Be accountable for accurate monthly financial statements in compliance with policies and guidelines, including periodic reviews of P&L and balance sheet of branches and region.
Governance & Compliance
1. Actively support the implementation of the TKE group compliance program and all related inititives.
2. Support tax compliance in the region.
3. Support the review of legal cases and liaise with HO legal dept.
4. Support internal and external audits and ICS reviews depending on the requirements.
Business Partnering
1. Collaborate with cross-functional teams to understand business goals and provide financial guidance. Support strategic initiatives through financial analysis and cost-benefit evaluations. Work closely with the business leaders to develop performance metrics and KPI and track progress towards achieving them.
2. Support group-wide initiatives, such as Branch Excellence, and other regional perfomance enhancement projects.
Regional Performance Management
1. As Business Partner coordinate the regional/branch performance reviews. Conduct regular reviews of branch KPI and profitability and identify risks and opportunities.
2. Lead reviews of financial and operational processes and make improvement recommendations to drive business excellence.
3. Ensure sound control in NI/MOD Projects and Service/partial MOD Orders by process and by profitability, including transparent reporting and action follow up.
4. Review and follow up on abnormal margin and unfavorable expense developments, conduct related root cause analyses.
Financial Planning and Analysis
1. Lead regional budget process and support the target setting for region and branches; ensure planning, forecasting and budgetary control in alignment with HO guidelines.
2. Lead and coordinate the regional and branch monthly rolling forecasting, including order intake, sales, EBITDA and business cash flow, as well as operational KPIs.
Credit and Collection Management
1. Commercial risk assessment of projects, e.g. payment terms, warranties, bond requirements, cash bid deposits
2. Ensure Finance control on billing and AR clearing, establish adequate monitoring and reporting.
3. Together with RCCM to ensure the control of AR and collection performance in regular review meetings with the business depts. and support in the related follow up measures.
4. Together with RCCM to assure that all related policies and procedures are in place to collect all receivables incl. deposits and retention, etc.
5. Provisioning, write off of bad debts within the framework set by HO.
Follow all safety policies, procedures and work instructions according to the safety management system and fulfill his/her responsibilities as stated in the safety manual so as to protect the safety of himself/herself and fellow colleagues.
Other assignments from direct superior.
