Country Finance Director and Transformation Officer at SOLEVO Group

What are we looking for?

• The Country Finance Director and Transformation Officer is a key stakeholder in the organization, acting as a business partner to the Country Managing Director and Regional Business Managers in defining, implementing and monitoring the short-, medium- and long-term strategy of Solevo. He will interact with various internal and external stakeholders both centrally and a country level. He will be instrumental in combining long-term sustainable growth with short-term results / budget achievements.

What do we expect from the candidate?

• As Country Finance Director, the incumbent will be responsible for Accounting, Controlling FP&A, Treasury, Credit risk, Tax and IT. He will develop a strong finance team and maintain robust controls over financial accounting systems ensuring full compliance with group accounting procedures and controls. He will monitor the Net Working Capital, alert the business and Group Management on any potential deviation and implement remediation actions. He will develop and implement an efficient treasury management system in compliance with group treasury policy, ensuring an optimized cash upstream. He will ensure compliance with the local and international tax regulations and manage with the support of the Group Head of tax, any tax claim or litigation
• He/She will build a high-performing finance organization by developing capabilities, empowering team members, and creating a strong ownership culture. He will act as a role model for Solevo's values, foster cross-functional collaboration, and ensure successors and key talents are identified, coached, and retained.
• As Transformation Officer, the incumbent will coordinate the integration journey of the entity. In this capacity, he will ensure the implementation of group standards, procedures, operational and organizational framework leading to an optimal set up to deliver the full potential of the business.

The Key Responsibilities

Strategy, Planning and Reporting:

• Deliver a best-in-class performance monitoring framework
• Support the Managing Director and Regional Business Managers in defining strategy and Budget targets
• Coordinate and deliver the budget and re-forcasting process, ensuring consistency and accuracy of the deliverables
• Implement the group performance monitoring framework (quality and timing)
• Weekly flash
• Monthly performance review
• Quarterly business review
• any relevant reporting required by the group
• Track variance against defined targets, challenge the performance across businesses and provide useful insights leading to remediation actions
• Monitor mitigation, remediation actions identified
• Anticipate and proactively manage potential underperformance drivers
• Define when not existing the relevant set of KPIs (operational, commercial and financial) to steer the business from a value creation perspective
• Support the implementation of systems, software to provide critical financial and operational information

Revenue Assurance, Accounting And Controlling

• Ensure data transparency and compliance to relevant internal and external procedures and standards
• Review and ensure application of appropriate internal controls, compliance and financial procedures
• Ensure an efficient and reliable functioning of the required financial systems, database and software
• Supervise the month / year end closing process and deliver monthly and annual financial statements in compliance with local and international accounting standards
• Manage the relationship with external auditor and coordinate the external audit
• Prepare board material and organise board meeting

Net Working Capital And Treasury Management

• Optimize the net working capital usage and deliver a strong cash conversion cycle
• Monitor the Net Working Capital Usage and implement improvement initiative
• Ensure adequation of inventory level with market trends, challenge the S&OP process
• Implement the credit risk policy, monitor the credit risk and organise the monthly credit meeting
• Manage cash flow planning process and ensure fund availability
• Ensure compliance to group treasury policy, develop and implement an efficient treasury anagement system and optimize cash upstream
• Manage the forex exposure in compliance with the relevant group policies
• Manage relationship with banks, financial institution and local suppliers

Tax Management

• Ensure compliance and manage the tax risk
• Ensure compliance with local and international tax regulations
• Ensure timely submission, completeness and accuracy of periodical tax returns
• Support the Group Head of Tax in managing audit and claims
• Implement the tax control framework
• Monitor and anticipate legislation change
• Manage relationship with external tax advisors / counsels

People Development & Empowerment

• Build an empowered, high-performing team with strong ownership and talent depth
• Identify high potentials and critical positions; implement succession planning and back-up coverage
• Promote collaboration between Finance, Sales, Supply Chain and Operations to improve decisions and performance
• Ensure knowledge transfer, documentation, and standardization of key processes to reduce key-man risk
• Manage relationship with external tax advisors / counsels

Others

• Undertake ad hoc projects as required
• Review, challenge and submit investment project
• Challenge current working practices and drive continuous improvement
• Develop talents and share best practices
• Identify and manage the relevant internal and external stakeholders

Transformation Officer

Coordinate the integration journey of the entity

• Support the group PMI and the Country Manager to roll out the integration plan
• Support implementation of ERP when required
• Provide critical gap analysis between existing process (“As Is”) and group process (“To Be”)
• When necessary, propose amendment on the “To Be” process to incorporate local constraints
• Coordinate locally the various transformation initiatives an ensure consistency with Global integration plan

If you possess…
Must-Have

• Finance Post Graduate diploma with recognized Professional Qualification
• 5-10 years post qualification experience in a distribution or manufacturing environment
• Knowledge or understanding of local tax requirements (direct and indirect taxes).
• Ability to report and explain financial results to both local and group management.
• Experience in complex problem-solving and project management.
• Strong IT skills.
• Fluency in English.

If you have…

• High level of drive, energy, and willingness to go the extra mile to achieve results.
• Ability to thrive in a fast-paced environment with tight schedules and deadlines.
• Strong communication skills.
• Professional demeanor with a high level of confidence when interacting with Senior Management.
• Strong problem-solving abilities.