Director - Finance and Strategy - PLC at Career Management Centre

Overall purpose

• Reporting to the Group CEO, The Finance and Strategy Director in this PLC will play a critical role in both the financial stability and the strategic direction of the company, helping to drive sustainable growth and long-term success. The position holder will be responsible for overseeing financial operations and providing strategic insights to support the Organization’s growth and long-term objectives.

Key Accountabilities

The role of a Finance and Strategy Director in the Public Limited Company (PLC) is multifaceted, encompassing both financial and strategic responsibilities. Here are some key duties and responsibilities:

Financial Management:

• Financial Strategy: Develop and implement the company's financial strategy, ensuring alignment with the overall business objectives and long-term growth plans.
• Budgeting and Forecasting: Lead the budgeting and forecasting processes, working closely with various departments to create accurate financial projections and resource allocation plans.
• Financial Reporting and Compliance: Oversee the preparation of financial statements and reports, ensuring compliance with accounting standards, regulatory requirements, and stock exchange regulations.
• Investment Management: Develop and implement investment strategies to maximize returns on surplus funds while managing associated risks.
• Capital Allocation: Manage the allocation of capital for various projects, investments, and strategic initiatives, ensuring optimal resource utilization.
• Risk Management: Identify and assess financial risks and develop strategies to mitigate potential exposures, conducting stress testing and scenario analysis.
• Treasury Management: Oversee cash flow, liquidity management, and banking relationships to optimize the company's financial position.
• Tax Planning and Compliance: Develop tax planning strategies to optimize the company's tax position while ensuring compliance with tax laws and regulations.

Strategic Leadership:

• Strategic Planning: Work with the executive team to develop and refine the company's long-term strategic plans, considering market trends and competitive analysis.
• Business Development: Assess industry trends and competitive landscapes to identify growth opportunities and challenges, proactively identifying potential strategic opportunities for revenue growth and operational improvement.
• Strategic Decision Support: Provide relevant data and recommendations to the executive team and board of directors to guide the company's financial and strategic decision-making.
• Partnerships and Investments: Evaluate and assess potential strategic partnerships, mergers and acquisitions, and investment opportunities.
• Stakeholder Communication: Present financial performance and strategic recommendations to the executive team, board, and other stakeholders.

Financial Analysis and Management:

• Financial Planning and Analysis: Lead financial planning, budgeting, forecasting, and financial modeling processes, monitoring financial performance against budgets and forecasts.
• Key Performance Indicators (KPIs): Identify and track key financial metrics and KPIs to measure the company's financial health.
• Financial Process Improvement: Identify opportunities to streamline financial processes, implement best practices, and leverage technology for increased efficiency and data accuracy.

Team Leadership and Development:

• Team Management: Provide strong leadership and guidance to the finance team, fostering a culture of continuous learning, excellence, and collaboration.
• Succession Planning: Ensure capable management succession and implement employee training and development programs.
• Organizational Culture: Foster a collaborative and innovative work environment within the Finance Department.
• Performance Management: Manage performance, conduct annual staff appraisals, and assess staff training needs.

Qualifications:

• Bachelor's degree in Finance/Accounting or related field. MBA preferred.
• Minimum 10 years of practical Accounting & Financial Management experience with at least 3 years at a senior management level, preferably in a Public Limited Company (PLC) or a large corporate setting.
• Professional Certification: ACCA or CPA (K).
• Strong understanding of financial principles, accounting standards, and financial management practices within a PLC environment.
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and trends.
• Proven track record of strategic financial leadership and decision-making within a PLC context.

Overall, the Finance and Strategy Director will need to possess a strong blend of financial acumen, leadership skills, strategic vision, and the ability to analyze complex financial data. Effective communication and collaboration with other departments will also be crucial in this role, as it involves guiding the company towards sustainable growth and long-term success.