Commercial Finance Manager - 8239BR
The Commercial Finance Manager is responsible for managing all financial, legal and administrative operations of the country/countries for all its legal entities, investments, business centres and operations.
Duties and Responsibilities:
Performance Management
* Produce monthly
financial reporting in conjunction with the central and local teams
* Monitor (financial)
performance of the business against the plans.
* Manage statutory &
tax filings and necessary audits and partner reporting.
* Set up of local
entities, bank accounts.
* Support CFO to provide
short and medium term performance forecasts.
* Help CFO to identify
risks and opportunities to the business performance and ensure plans are in
place to mitigate/exploit them.
* Work hand in hand with
centralised teams, such as the Shared service Centre and head office
* Prepare Country
Business reviews and other reporting packs
* Prepare models to
evaluate all significant investments in the business including acquisitions,
new centre opening, centre closure, expansions, contractions and all
significant refurbishments.
* Support to cost
reductions projects through adequate data supply to procurement and local
Management
* Review and report to
CFO that the cash resources are managed efficiently and in compliance with
Regus policies.
* Support CFO to ensure
visibility to Management that business and financial plans meet Regus targets
for profitability, growth and liquidity.
Governance and Compliance
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* Governance and compliance
activities are to be carried out in conjunction with Regus Group functions such
as Group Finance, Group Treasury; Shared Service centres (GSC).
* Work with CFO to
ensure compliance with all Regus Group policies including (inter alia)
accounting policies, treasury policies, HR, Legal and business ethics policies.
* Support and work as a
unit with central and local teams to ensure proper and timely execution of
month end, review data and help to analyse monthly result.
* Gain enough insight of
GSC and local teams working relation and duties to be ensure that all
expectations are met as expected by the business.
Risk Management
Working with the CFO,
local management and Group functions, proactively monitor all actual or
potential areas of business risk including:
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* Customer risk
including customer solvency.
* Supplier risk
including large supplier dependence.
* Fraud and business
ethics risks
Health & Safety
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* Help CFO to implement
local risk management system to ensure all actual and potential risks
identified are communicated to the relevant Group functions (e.g. internal
audit, legal, group finance, tax etc).
Help to develop risk mitigation strategies and implement with CFO.
* Support the CFO to
ensure compliance with all Group risk mitigation strategies including Internal
Audit reviews; Treasury and cash policies including guarantees, deposits
(customer and supplier), loans/overdrafts, and intercompany invoice processes
and cash management.
Business process efficiency
Contribute to business
process efficiency through:
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* Ensuring compliance
with Group organisation and processes
* Identifying process
issues and efficiency opportunities and communicating to the relevant business
owners.
* Contributing to Group
efficiency programs.
* Support to Setup &
Integration of new businesses or Products
Non-Core responsibilities
The local business
organization may result in the CFM taking ownership of responsibilities and
activities that would not normally fall within their core role. In addition the CFM may bring with him
experience and ability that Regus that fall outside of their core
responsibilities but which Regus wishes to exploit.
Such activities may
include for example:
* Procurement Support
* Support to Group
Projects or other regions
* Support to tax or
corporate restructure projects
* Management of external
outsourcers (payroll, tax i.e.)
* Insurance claims and
recoveries
* Due Diligence as part
of M&A projects
* Integration work post
migration of M&A projects
* Review of supplier
contracts prior to local signature
Essential Skills and Abilities:
Working experience: 2-5 years post graduate in comparable role
Languages: Arabic & English (fluent) – must
Education: University degree in Business
Administration / Finance
Strong skills / Expert level in MS Office – Excel, Power Point, accounting software
Willing and able to step up as the business grows and expands
Used to work in fast moving, international matrix Organisation
Used to work to short deadlines Strong Commercial sense
Generalist/Controller/Manager mind set – but needs to understand Accounting/Tax in detail too
