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Group CFO (Manufacturing)

Key Responsibilities:
Group Consolidation:
  • Oversee the preparation and consolidation of financial statements for the group, ensuring compliance with IFRS and local accounting standards.
  • Manage the quarterly and annual financial close processes across multiple subsidiaries and business units.
  • Analyze and provide detailed explanations of group-wide financial results, highlighting any variances from budgets and forecasts.
  • Coordinate the inter-company reconciliations, eliminating inter-company transactions and ensuring accuracy.
Manufacturing and Costing:
  • Understand and evaluate the manufacturing cost structure, analyzing the cost of goods sold (COGS), direct and indirect costs, and overhead allocation.
  • Collaborate with the operations and production teams to ensure accurate costing of products and services.
  • Implement and manage cost accounting systems that track and allocate costs efficiently across different manufacturing units.
  • Drive improvements in manufacturing cost efficiency through process optimization and strategic recommendations.
System Implementation:
  • Lead and support the implementation of new financial systems or upgrades to existing ERP/accounting systems.
  • Work closely with IT and other departments to ensure smooth system integration and alignment with business processes.
  • Provide guidance and training to finance and accounting teams on system use and best practices.
  • Ensure financial data flows seamlessly through the organization’s systems, from production to financial reporting.
Financial Planning & Analysis (FP&A):
  • Assist in budgeting, forecasting, and long-term financial planning for the group.
  • Support strategic decision-making by providing detailed financial analysis, cost-benefit evaluations, and scenario modeling.
  • Monitor key financial performance indicators (KPIs) and recommend corrective actions where needed.
Compliance and Reporting:
  • Ensure compliance with statutory and regulatory reporting requirements across all jurisdictions in which the company operates.
  • Prepare board-level reports, presenting financial insights, risks, and opportunities for the business.
  • Oversee external audits, liaising with auditors to ensure timely and smooth audits.
Team Leadership:
  • Manage and develop a team of finance professionals, ensuring ongoing training and development.
  • Foster a culture of continuous improvement within the finance department.

Requirements

Educational Background:
  • Bachelor's degree in Finance, Accounting, or a related field.
  • Professional qualification (ACCA, ACA, CPA, or equivalent) is highly preferred.
Experience:
  • Minimum of 10 years of experience in finance, with at least 3-5 years in a senior financial management or controller role.
  • Proven experience in group financial consolidation, particularly in a multi-entity environment.
  • Solid understanding of cost accounting, particularly in a manufacturing environment.
  • Demonstrable experience with ERP and financial systems implementation. Familiarity with systems like SAP, Oracle, or Microsoft Dynamics is an advantage.
  • Previous experience with system upgrades and process automation is desirable.
Technical Skills:
  • Advanced Excel skills and financial modeling expertise.
  • Strong knowledge of accounting standards (IFRS, local GAAP) and financial reporting requirements.
  • Familiarity with financial planning software and data visualization tools.
Personal Attributes:
  • Strong leadership and team management abilities.
  • High attention to detail and accuracy.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills, with the ability to collaborate cross-functionally.

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