Job Purpose
Executive Finance Partner for the Group Technology and Group Human Resources departments (“the Business”). Partner with the Group CTO CIO, Group HR Director, company Group CEOs and functional stakeholders to support in setting financial objectives, optimizing cost and value drivers, risk management and business analysis. The role is responsible for accurate, timely execution and management of the Business’ finance function. This entails providing strategic direction to the Business alongside direct responsibility for cost efficiency, cash management, strategic analysis and planning.
 
Strategic Financial Planning

Develop, implement, monitor, review and evaluate the Business’ financial strategy
Establish and maintain strong relationships with the board, shareholders and company Group CEOs to identify their needs and seek a full range of business solutions
Enable the Business to capitalize on new opportunities and build out new capabilities
Develop and implement a cost-effective strategy for business that simplifies processes
Creating a financial operating model that is robust, scalable and designed to support business growth
Treasury and cash management: Lead liquidity management and manage cash flows including detailed cash flow forecasting
Creating, monitoring and analyzing financial and operational metrics that track performance and provide insights
Assess capital finance proposals and the financial status of operations projects
Evaluate and advise on the impact of long-term planning, introduction, of new programs/strategies and regulatory action
Provide financial information and interpret the implications for business performance and funding needs
Coordinate the development, implementation and monitoring of accounting and business systems and processes
Direct the preparation of financial reports summarizing and forecasting the business’s financial position such as the income statement, balance sheet and cash flow statement
Partner with company Group CEOs to formulate and direct financial budgets and forecast
Manage business information strategy, development and implementation of business systems, streamlining processes to assist with analysis

Finance Operations

Organise and manage the finance function within Group Technology and Group Human Resources in order to ensure the best execution of accurate financial controls and reporting, including full accounting function, tax planning, submission, compliance and cost accounting
Provide accurate, complete and understandable financial information to Business Heads, company Group CEOs and the executive team
Financial modelling, scenario planning and cost-benefit analysis
Business case development for capital projects, new developments or changes to operating models
Procurement: Implement, monitor and control procurement practices and vendor management, manage relationships with service providers, Business Heads, company Group CEOs and other agreed stakeholders across the entire business
Drive the implementation and provision of sound financial, business intelligence and management services to the business
Ensure the provision of financial and material resources to support operational strategies
Business optimisation including cost management, cash flow management and quality/value assessment
Drive continuous OPEX improvement and ensure optimal allocation of resources
Analyze activities, products, and services of all cost centres to identify critical cost drivers in collaboration with management
Find cost solutions whilst using technology and systems in the most efficient way possible
Consult with service/department managers to plan, control and report on financial activities and the performance of the area
Manage and report on cost usage that reflects delivery of planned work within agreed parameters
Generate systems and tools that enable line managers to understand the cost drivers of all activities in the area
Research, develop, and implement costing models for the business
Build, run, and execute profitability models and provide required reports for business decisions, business case development and capex projects
Implement systems and controls for efficient accounting, analysis, reporting and cost optimization

Budget, Forecasting

Management of the budgeting process and preparation of monthly and annual forecasts to ensure the business meets its financial and service objectives
Full management of the Business’ annual budgeting process through collaborative efforts alongside company Group CEOs
Prepare and maintain a full cost-to-serve model that optimises delivery, value and correct allocation to Group Subsidiaries
Maintain full forecasting financial models to provide insights to the Business’ performance against budget, company Group subsidiary requirements and future cash and system requirements
Analyze historical data to motivate future budget requirements.

Corporate Governance

Monthly shareholder reporting, management accounts and board reports
Full responsibility for external audit and any other statutory and regulatory reporting
Ensure credibility of the Business’ finance by providing timely and accurate analysis of budgets, financial trends and forecasts
Ensure the Business complies with the statutory legislation and corporate governance frameworks
Accountable for the formulation of policies and procedures in line with relevant legislation and ensure implementation thereof
Systems and controls – implement and maintain systems, procedures and controls for efficient and accurate accounting, analysis and reporting
Define policies, procedures and processes to streamline the Business and optimize efficiencies

Governance, Risk Management & Reporting

Identify potential, current financial and operational risks
Develop and implement policies to mitigate potential risk
Report identified risks to relevant stakeholders and action plans thereof
Deciding on investment strategies by considering cash and liquidity risk, performing risk management by analyzing the Business’s liabilities and investments
Conduct regular finance reviews to assess performance and implement improvements for future initiatives. · Apply business risk and governance frameworks.

Stakeholder Engagement and Collaboration

Collaborate with cross-functional teams to gather requirements and define project scopes
Champion the transition of new ways of work and integration of tech and Business delivery and operating model
Cultivate strong relationships with key stakeholders, provide regular updates on project status and address concerns promptly
Recognize outcomes which resulted from effective collaboration between teams
Collaborate with other leaders to deliver superior customer experience
Be an effective inspirational leader to facilitate the creation of motivated and accountable, full-service teams who understand and strive to meet the needs of all business stakeholders
Coach and council operational managers and staff to develop and sustain an environment that fully understands financials

Team Coordination & Managing Complexity

Lead and mentor Finance teams, fostering a collaborative environment that encourages innovation and accountability
Coordinate with external providers and partners to ensure alignment on financial projects goals and deliverables. · Build and evolve the financial capability of Delivery teams across the Business
Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems. For example, asks questions to encourage others to think differently and enrich their analyses of complex situations.

Data Collection and Analysis

Use expertise to act as the Business authority on creating relevant, lucid and effective reports
Acts as the Business’s authority on strategic planning, established expert on analyzing data tends for use in reports to help guide the decision making
Provide data insights to assist company Group CEOs in understanding their financial models
Coach company Group CEOs with creation of their financial budgets, people budget etc. through data analysis
Manage and direct stakeholders in making decisions that are financially sound through proper data analysis

Change Management

Develop and implement change management plans to facilitate smooth transitions during technology rollouts for budgets
Conduct training sessions for internal teams and customers to ensure proper adoption of financial models and services
Apply best practices to implement and /or resolve financial issues.

Business Continuity

Develop and maintain robust disaster recovery and business continuity plans.

Strategic Mindset and Business Acumen

Sees ahead to future possibilities and translates them into breakthrough strategies, for example, a big-picture thinker; makes frequent, clear references to the Business’ vision, the efforts required to drive strategies forward
Effectively integrates long-term opportunities and challenges with day-to-day activities
Applies knowledge of Business and the marketplace to advance the business’s goals, for example, ensures leaders understand and discusses relevant industry changes that may benefit the Business
Able to formulate financial reports and analysis that translate to business needs and future benefits

Situational Adaptability and Communication

Adapts approach and demeanor in real time to match the shifting demands of different situations, for example, takes steps to adapt to changing needs, conditions, priorities or opportunities
Understands the cues that suggest a change in approach is needed; adopts new behaviours accordingly
Develop and deliver multi-mode communication that convey a clear understanding of the unique needs of different audiences, for example tailors’ communication content and style to the needs of others
Pay attention to other’s inputs and perspectives, asks questions and summarizes to confirm

Budgeting Oversight and Costing

Aware of project budget and resources, support in tracking actual against budget and managing the balance of delivery within time, budget, quality constraints
Acts as the Business’ authority and established experts on costing, budgeting and finance tasks.

Self-Management

Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
Demonstrate consistent application of internal procedures
Plan and prioritize, demonstrating abilities to manage competing demands
Demonstrate abilities to anticipate and manage change
Demonstrate flexibility in balancing achievement of own objectives with abilities to understand and respond to organizational needs