Finance Director

Position: Finance Director

Job Purpose Summary:
The Finance Director is responsible for the overall financial management of Company's business in Australia and will act as true business partner to the management team in the Netherlands and Qatar. The incumbent will be in charge of all aspects of accounting, financial reporting, taxation, treasury, financing, insurance, financial planning & analysis, in close coordination with Company Group Finance functions.
The incumbent will be responsible for preserving business's assets integrity and for developing and maintaining the highest standard of corporate governance, compliance and internal control, ensuring the adoption of Company Group policies, procedures and systems as well as close compliance with local laws and regulations.
He/she will also be responsible for developing and implementing effective and sustainable financial strategy and capital structuring of the business, in coordination with the Group Finance Functions.
The incumbent will ensure a sound performance management framework by providing high quality, reliable and transparent management information for decision making.
The Finance Director will ensure the effective leadership of the finance function and will enhance the organizational capabilities of the finance team providing career direction, progression and coaching with the aim of building a world class finance organization in coordination with the Group Chief Financial Officer.

Essential Duties & Responsibilities by Dimensions:
Accounting, Controls and Financial Reporting: Manage all aspects of accounting; including but not limited to accounts payable, accounts receivable, banks, payroll, inventory, fixed assets.
Maintain General Ledger accounts ensuring proper and accurate journal entry preparation.
Prepare relevant periodic reconciliations, including but not limited to, monthly bank reconciliation, general ledger reconciliation.
Establish and maintain a robust compliance framework, as well as maintain and upgrade key business controls.
Prepare statutory financial statements and related disclosures and procure timely filing to satisfy local compliance requirements.
Prepare financial statements and related disclosures under International Financial Reporting Standards for Company Group consolidation purposes.
Manage and coordinate relationships with external auditors.
Provide support and coordinate management responses to Internal Audit.
Act in close coordination with the Group Head of Accounting and Internal Controls.

Tax: Prepare and review tax calculations, estimates and reports.
Ensure a robust tax compliance framework and timely filing of all corporate tax returns.
Establish appropriate system & processes for tax risk management.
Liaise with tax authorities and provide tax audit support.
Manage external tax advisors.
Act in close coordination with Group Head of Tax.

Treasury and Corporate Finance: Ensure compliance with the group treasury policy and delegation of financial authority manual.
Ensure effective treasury management as well as a robust risk control environment.
Ensure proper cash flow planning with the aim of satisfying timely cash requirements of the business and ensuring at all times optimal capital structuring.
Perform proper monitoring of cash flow budget.
Assume responsibility for balance sheet management by focusing on asset-liability management, liquidity management, counterparty management, interest rate and foreign exchange management.
Manage Group treasury systems and solutions aimed at supporting cash flow management effectiveness and maintaining effective controls.
Manage excess of liquidity and recommend measures to optimize returns from temporary cash investments in compliance with the Group Treasury policy.
Ensure compliance with treasury requirements as defined by the relevant regulatory authorities.
Generate proper management reports for the Management Team with respect to company's cash flow, asset and liability profile, risk exposure.
Provide professional treasury advice regarding key commercial decisions to the management team as and when required.
Is responsible for all corporate finance activities at Country level (funded and unfunded lines of credit, equity bridge loans, acquisition financing, working capital facilities, corporate bond and other debt capital market issuances).
Maintain effective relationships with lending institutions, credit rating agencies and the wider financial community.
Conduct effective analysis on current status and expected trends of the local financial markets to support effective capital structuring decisions and active management of the debt and liquidity portfolio.
Ensure the effective monitoring and proper management of key financial risks.
Act in close coordination with Group Head of Treasury and Corporate Financing.

Project Financing and Financial Advisory: Lead all project and structured financing activities of the business.
Identify the optimal debt structuring of the projects after comprehensive assessment of funding alternatives.
Ensure proper financing execution, including assessment and selection of financing counterparties.
Coordinate the drawdown/repayment formalities for debt facilities.
Work closely with equity partners, accounting and tax, legal, technical, market, insurance advisors.
Maintain effective relationships with lending institutions, credit rating agencies and the local financial community.
Proactively explore project refinancing opportunities.
Conduct effective analysis on current status and expected trends of local financial markets.
Prepare recommendations, status reports, and approval requests for the management team as requested.
Work in close coordination with the Group Head of Project Financing and Financial Advisory.

Financial Planning and Analysis: Manage long term business planning, annual budgeting and periodical forecast updates.
Lead management reporting activities in line with Group guidelines.
Analyze the operating and financial performance of the business and investees against targets.
Establish and maintain an effective performance management system.
Maintain effective cost accounting, monitoring margins, operating expenses, G&A, capital expenditure and cash flow against budgets.
Provide ad hoc financial analysis when requested.
Manage Group adopted financial planning and management reporting systems.
Provide support for the successful completion of internal and external audits.
Act in close coordination with Group Head of Financial Planning and Analysis.

Insurance Management: Support the Group Insurance function in developing and maintaining an effective risk assessment framework.
Provide information support to Group Insurance for the definition of the insurance needs of the business.
Support the Group Insurance function in defining the insurance strategy for the business.
For Global Insurances, support the Group Insurance function in ensuring the procurement of the best value insurance coverage.
For Local Insurances, lead the procurement of insurance coverage and manage the in-country relationship with the insurance market.
Support the Group Insurance function for the effective management of all activities related to insurance programs and contracts.
Provide support to the Global Insurance Function for the management of insurance claims.
Provide updates to the Group Insurance Function on open claims.
Provide all relevant insurance data to the Group Insurance Function.
Maintain at Country level the Group adopted information technology platform.
Act in close coordination with Group Head of Insurance.

Job Dimensions:
Company's overall strategic plan, applicable policies and procedures, delegated and re-delegated authorities as per the delegation of authority structure.
Education/Experience Requirements:
Essential:
University degree in Accounting, Finance and/or Business Administration from a recognized University.
Professional qualification such as CFA/CMA/CA/ACCA.
Preferred: Master in Finance and/or Business Administration from a recognized Management School.
Required Special Skills:
Essential:
Minimum of 12 years of experience in financial management of which 5 years should be in a similar position/responsibility.
Familiarity with Australian corporate and tax laws and regulations.
Familiarity with local GAAP and IFRS.
Familiarity with market leading ERP systems and Financial Planning and Consolidation systems.
Preferred: Exposure to international companies with large complexity and to multicultural business environments.
Knowledge of the power and utility business.
Big4 experience in the field of Audit, Tax and Assurance.
Skill Set:
Self-starter, ability to work independently with confidence.
Superior analytical and synthesis skills.
Strong communication and interpersonal skills with sensitivity to different cultures.
Ability to build trust and effective personal relations.
Ability to multi-task and work under pressure.
Strong negotiation skills.
Stay abreast of the latest trends/tendencies in financial management.
Personal Mindset and Attributes:
Maintain highest standards of professional conduct, ethics and integrity.
Ensure high standards of confidentiality to safeguard sensitive information.
High energy with a "can do" mentality.
Robust intellect and constant desire to learn.
Drive, self-reliance and pragmatism.
Analytical, inquisitive nature.
Capability to easily adapt to fast moving, changing environments and cultural differences.
Framework and Boundaries:
Financial Authority: According to Delegation of Financial Authority matrix.
Budget Responsibility: According to Delegation of Authority matrix.
Communications and Working Relationships:
Internal Interactions:
Management team
Board of Directors
Company Group functions
Internal Audit
External Interactions: External Auditors
External advisors
Tax authorities
Financial authorities
Banks/ Financial Institutions
Insurance brokers/Insurance companies
Partners
Supervisory Responsibilities:
Finance team/service providers in Australia.

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