About the role
Reporting to the CFO you will be joining an award-winning business at an exciting time of our evolution as we focus on scaling up our finance function to support significant business growth.
As Head of Finance, you will be initially leading on transforming the finance function from where it is today to implementing robust financial systems (a finance system change is imminent), controls and processes to help a business grow in both size and complexity. Central to this will be the support and development of the existing finance team. Working closely with the CEO you will engage with the business executives to ensure clarity with the department heads on budget expectations and, in collaboration with the Financial Reporting Manager, ensure timely and appropriate reporting of performance and planning of working capital resources. You will also be working cross-functionally within the business to ensure that finance truly adds value and can support an agile, complex business.
What you’ll be responsible for
●‘Upgrading’ the operation of the finance function through the implementation of a new finance system to allow the business to scale efficiently, deliver additional insight and ensure core financial operations (particularly Customer billing and Partner payments) can meet business requirements for a growing business
●Building robust financial processes and controls, ensuring strong financial governance but with a commercial sensibility to ensure they do not inappropriately inhibit business operations
●Day to day management of the finance department with a focus on continuous improvement, developing the team and improving the efficiency of the finance function
●Working cross-functionally with others within the business to ensure alignment of goals and objectives while also being the finance lead on business-wide projects (such as the implementation of / improvements to billing system)
●Own the balance sheet ensuring appropriate reconciliations and controls on key accounts while overseeing financial reporting and working with the Financial Reporting Manager to deliver timely and appropriate financial information and developing the management packs to provide rich business insight
●Work with the business and the FP&A Manager and Financial Reporting Manager to help build the annual financial budget, update company forecasts and ensure appropriate communications to the business and controls on budget spend. Also working closely with the CFO and FP&A Manager to ensure accurate forecasting of working capital requirements including short term Cash Flow monitoring and controls.
●Assist with operation of share option schemes and company secretarial.
Oversee Accounting and Financial department operations
Develop financial policies and procedures manual
Monthly preparation of financial statements of Elves Egypt, Elves US and Consolidated Statements
Monthly preparation of financial reporting packs (special reports needed by investors)
Develop Bill of authority
Review accounting system, manage improvement projects to eliminate manual work and ensure integrations