SENIOR FINANCE MANAGER
THE ROLE :
Do Recruitment Advisors is pleased to represent an international and prestigious investment firm in the recruitment of their VP Head of Finance.
He/she will report to the SVP – Head of Operations & Support and work closely with the company Executive Committee in setting and executing the Finance strategy of the Company. The successful candidate will play a pivotal role by being responsible for managing all the Company’s Finance activities including Accounting, FP&A, Cash Management & Treasury and Payments.
The VP – Head of Finance will manage a multicultural team of 10 finance professionals and will be the point of contact for all the Company’s Finance matters with the shareholder.
The main responsibilities :
Finance Strategy and Execution:
Proposing the Company’s Finance strategy and objectives to the Executive Committee and Board of Directors (as required) and implementing them appropriately. This includes the operating model design, the insourcing/outsourcing strategy, financial systems architecture, and headcount requirements.
Accounting:
– All accounting related responsibilities of the Company and certain subsidiaries in accordance with Lux GAAP and IFRS accounting standards and providing monthly reporting to the shareholder
– Ownership of bank reconciliations and other general ledger reconciliations.
– Being the key point of contact with external auditors throughout the annual audit process.
Financial Planning and Analysis (FP&A):
– Preparation of the annual budget and subsequent forecasting, variance commentary and reporting.
– Quarterly presentations to the committees and the Board of Directors on expense and investment matters.
Cash Management & Treasury:
– Cash management including position evaluation, limit monitoring, ownership of the cash pooling arrangement, account openings and investigation/handling of all related queries.
– Cash forecasting for fundings and repatriations and completion of all related transfer requests.
– Execution of transactions including MMF subscriptions/redemptions and FX trades.
Payments:
– Designing and maintaining a strong and efficient payment process for operating expenses.
– Obtaining approval for operating expense invoices and executing payments on the platform.
People and relationship management:
– Management and career guidance of the employees within the Finance function.
– Developing strong working relationships with other managers and employees of the Company.
– Active engagement with the shareholder colleagues and fully understanding the shareholder ‘s business to potentially expand Finance activities in future.
– Managing relationships with service providers (including banks and MMF’s) and completing vendor performance reviews.
Other:
– Advancement and integration of Finance systems to enable automation or performance enhancements in collaboration with the IT and Business – Planning & Execution functions.
– Working with the Legal & Tax Department on corporate income tax, VAT, transfer pricing and other tax matters.
– Maintaining a strong internal control environment, ensuring there is appropriate segregation of duties and adherence to the 4-eyes principle.
– Collaboration with the Risk function and completion of Risk and Control Self-Assessments and all applicable policies and procedures.
– Other ad hoc projects and activities when required.
THE CANDIDATE PROFILE :
– Master’s degree in Finance, Accounting or a related field.
– Qualified Chartered Accountant (ACCA, CPA or equivalent) with a Big-4 audit background would be preferred.
– Minimum of 12 years of relevant working experience, especially in the core responsibility areas detailed above.
– Previous experience as a Head of Finance (or in a comparable role) in Luxembourg will be considered as a strong asset.
– Proven track record as inclusive leader with excellent people management skills and several years of team management experience required.
– Strong ethical, professional and social responsibility skills to protect and enhance the reputation and trustworthiness of the company.
– Proactive team player, flexible and able to work in a complex and changing environment.
– Technologically advanced and intent on improving systems, digitalization, workflows, processes etc.
– Excellent communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders at different levels (e.g.Company employees, service providers, stakeholders at the shareholder).
– English full professional proficiency level required.
THE CLIENT:
Our client is an international and prestigious investment firm.
At the final stages of the recruitment process, the successful candidate can be asked to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check might also be requested.
