Financial Controller, Global - Industrial Engineering

• Be a partner and advisor to the CEO and BU Leadership Team in defining and rolling out operational and strategic priorities in terms of financial planning and analysis, commercial objectives and projects, treasury and reporting and controls. • Be a member of the Group Finance Leadership Team to support group-wide initiatives and ensure implementation in the respective BU and its member entities.

Responsibilities

General and commercial

• Is a member of the BU leadership team. Advises the team on any financial matters as basis for decision support and strategic planning and implementation.

• Is a member of the Group Finance Leadership Team. Is responsible for the implementation of group wide financial initiatives in the respective BU (e.g. Treasury, Tax, ITC, and Commercial).

• Challenges business direction and contributes to operational decision making by using financial data.

• Acts as a catalyst for driving business transformation.

• Links strategic objectives of the BU with the financial goals set.

• Leads and supervises the in-company FPA in the respective BU entities and coaches them in all aspects of financial controlling.

• Designs and maintains structures (approval, reporting, tax etc.) for new companies, or new divisions/departments for existing/restructured companies. Ensures that tax, financial and ITC matters are taken care of in collaboration with central services.

Planning and Management Accounting

• Evaluates business decisions and projects with regards to the financial impact for the BU or for local strategic projects.

• Leads and coordinates the forecasting and budgeting process for the respective BU for the short and mid-term plans according to group and BU requirements and timelines. Prepares and presents the financial assumptions and performance to the regional BU leadership team and EB/CFO.

• Supports the BU leadership team in setting financials goals and establishes a reporting against those.

• Manages cost control and expense management and tracks performance against targets defined.

• Performs regular financial analysis, simulations and reports them pro-actively to the BU leadership team and to Group finance.

• Pro-actively highlights, understands and flags financial challenges to the BU leadership team and / or Group Finance as appropriate

• Reviews areas for financial or process improvements, aligns them to Group requirements and policies, defines actions for and manages implementation.

• Provides financial solutions to changed requirements in operation, policies, legal requirements etc.

Project Costing and Inventory Management

• Ensures correct accounting for projects, including provisions for cost-to-complete, liabilities for non-conformance, mechanical warranties, any hidden liabilities as well as payment and process risks according to prevailing policies.

• Develops control measures to ensure the commercial milestones are followed across the region for timely billing of downpayments, progressive claims, retention amounts and work in progress.

• Reviews inventory valuation (if any) to ensure compliance to Group policies and accounting standards, make sure they have accurate quantities and are properly valued.

• Monitors stock aging, computes and reviews obsolete inventory provisions, reports inventory development to regional team and highlight effects of provisions on the profitability of the business.

Treasury

• Proactively optimises FX risk and exposures for the BU in accordance with the applied policies

• Overseas and vets payment terms in commercial contracts

• Oversees and monitors together with local teams working capital (DSO, stocks, AP) and cash positions for entities.

• Consolidates and reviews cash-flow forecasts to ensure pro-active management of cash needs or cash overruns.

• Manages cash deposits for cash on hand to ensure best returns for the company.

Reporting and Controls

• Manages the financial risk management of the RBU. Overseas compliance within the RBU, such as compliance to DoA and internal controls.

• Ensures timely implementation of Internal Audit findings in cooperation with respective management team, company management and FPA.

• Develops and strengthens finance skills within the RBU.

• Provides financial consulting to Company Managers and Department Managers and facilitates knowledge sharing within the BU and with other RBUs if applicable.

Supports preparation of board and other relevant presentations materials.

Qualifications

• Master or Bachelors Degree in Finance

• Ideally 8-10 years’ experience in a leading managerial position in controlling or similar function (corporate finance, business services) with a multinational corporation, and exposure to SEA/AP/EU/LATAM region, however still with hands-on capabilities and interest.

Deep knowledge of financial planning and analysis, treasury, tax, costing and business processes as well as local and global GAAP and IFRS. Being able to build business plans (translating business initiative and strategies into numbers and vice versa), establish tailor-made, and target driven management reporting.