Head of Finance

Job description

Job Description Responsibilities and Duties: Responsible for leading all aspects of finance and accounting operations to achieve company and group level targets Responsible for the accuracy and validity of forecasting, planning, and reporting of defined financial reports for stakeholders on agreed timelines Business Steering Provide leadership in the development of short and long term strategic financial objectives, including a roadmap for the achievement of financial targets as set in Annual Business Plan Perform risk assessment and provide short- and long-term mitigation plans Support and help implement new business plans such as expansion of activities, addition of new processes, etc. Critically evaluate and provide feedback for companywide initiatives to encourage growth and improvement in processes Ensure sufficient assistance is provided to Rolls Royce on the feasibility of new projects Responsible for drafting, implementing, and updating local financial policies and processes aligned to corporate guidelines and local best practices on a timely and periodical basis Ensure internal controls in various processes and to help plug the weaknesses leading to leakage of revenue, misuse of assets of the company, wastages of resources of the company etc. Oversee the development and maintenance of financial competence and have an independent opinion on financial matters of the company Taxation (Direct and Indirect) Conduct tax planning and ensure compliance to direct taxes, indirect taxes, tax payments, withholding taxes, assessments, and appeals, etc. rules and regulations Validate and verify tax submissions and ensure strict compliance with IFRS, local GAAP, and applicable regulatory laws and regulations for financial and tax reporting ensuring closure of statutory audit Liaise with tax consultants and parent company to ensure smooth business operations Treasury and Banking Manage fund flows, working capital, credit management, term loans, Forex matters and ensure transactional KPIs (AR, AP, etc.) are maintained Operational knowledge of hedging, cash pooling, and other treasury processes Other Tasks Manage financial aspects of projects, project accounting and controlling, support project team to achieve best financial outcomes. Support the finance function in the region and act as bridge between HQ and the region Set KPIs, assess and provide guidance to Management for achieving organizational goals Develop human capital: recruit, train and motivate team members to be strong contributors to the local and global Finance department Lead high quality bookkeeping and train them with latest accounting requirements to ensure a clean audit report Ensure compliance to Group and local guidelines, processes, and policies by the Finance team members. Participate and be the change-agent for key business priorities (e.g. finance digital transformation, outsourcing, cost containment projects etc.) Power Systems is the Rolls-Royce business which provides world-class power solutions and complete life-cycle support under our product and solution brand mtu . Through digitalisation and electrification, we strive to develop drive and power generation solutions that provide answers to the challenges posed by the rapidly growing societal demands for energy and mobility. We deliver and service comprehensive, powerful and reliable systems, based on both gas and diesel engines, as well as electrified hybrid systems. These technologically advanced solutions serve our customers in the marine and infrastructure sectors worldwide. Our vision is to ensure that the excellence and ingenuity that shaped our history continues into our future. Our multi-year transformation programme aims to turn Rolls-Royce into a high-performing, competitive, resilient and growing company. Join us, and it can be your future vision too. Rolls-Royce are committed to being a respectful, inclusive, and non-discriminatory workplace where individuality is valued, diverse perspectives fuel innovation, and everyone can thrive. Type of Contract Permanent