Job Title:
Finance Director
Department:
IR0002 Finance
Reporting to:
President
Purpose of the role
Reporting to the President and working closely with the KI Group Finance team in the UK, the Head of Finance will lead the Finance function of DBS and is responsible for providing the company with a strong financial control environment and day-to-day leadership and direction for the Finance team. This role, which incorporates the role of Financial Controller, will oversee financial accounting operations, be responsible for monthly closes and reporting and will have responsibility for statutory reporting, taxes and compliance across DBS and its subsidiaries. The role is broad and also encompasses business decision support, the development of our financial systems and our internal control environment.
Objectives
Timely and accurate monthly accounts prepared under US GAAP, with reconciled balance sheets across all entities.- Accurate revenue accounting and reporting for all revenue streams.
- Overall responsibility for accounting processes and technical accounting issues in collaboration with US and UK colleagues as required.
- Ensure a strong control environment is maintained and take ownership of SOX compliance.
- Support efforts for continuous improvement in procurement, staff expenses and contract management.
- Manage a finance team of 8 including 3 direct reports.
- Manage quarterly re-forecasts and annual budgeting processes.
- Maintain accounting systems and own all systems improvement initiatives.
- Liaise and work in partnership with other functions of the College in the undertaking of the above objectives such as admissions, HR, IT, and academic management.
- Build strong working relationships with colleagues in the UK and US Finance teams.
- Fulfil holding company reporting requirements as set by the immediate and ultimate parent.
- Ensure compliance with local regulatory requirements across statutory accounting and taxation matters.
- Optimise cash management including timely and accurate submission of operating cash forecasts.
Responsibilities
Preparation of monthly management accounts under US GAAP.- Submission of supporting schedules, disclosures, certifications, tax schedules and analytics to intermediate and ultimate parent companies on a monthly and quarterly basis.
- Responsible for revenue reporting of all products under group revenue recognition policies.
- Variance analysis versus budget, forecast and prior year.
- Cost control including reviewing spend versus budget by department.
- Preparation of KPIs and slides for SLT and Board.
- Product contribution or P&L analysis for input to product and business decisions.
- Management of credit control staff, close supervision and responsibility for timely and effective credit control procedures to minimise bad debts.
- Management of payroll staff, close supervision and responsibility for an accurate and timely payroll including full-time staff, and hourly paid staff.
- Review and confirmation of staff expense claims against company policy.
- Management of purchase ledger staff, close supervision and responsibility for payments to suppliers.
- Responsible for managing the balance sheet accounts including monthly control account reconciliations.
- Lead the quarterly re-forecast and annual budgeting process.
- Lead continuous process improvement for back-office finance systems and procedures.
- Monthly cashflow forecast process and analysis and management of ILEP restricted cash requirements and cash repatriation efforts to parent company.
- Manage annual compliance activities in support of the parent company SOX programme and remediate deficiencies if they arise in collaboration with KI Group Finance team.
- Take ownership of internal audit requests both from KI Group Finance projects and the parent company’s internal audit programmes.
- Ad hoc requests and projects, and general support to the President and in accordance with wider Kaplan International aims.
- Ensure President is made aware of significant issues in a timely manner.
- Manage the statutory account filings in all jurisdictions in which DBS has this requirement and audit for all legal entities.
- Manage tax filings in all jurisdictions in which DBS has this requirement for direct and indirect taxes.
- Ensure VAT is accounted for correctly across all entities.
The job description is a guide to the work the post holder will initially be required to undertake. It may be amended from time to time to meet changing circumstances by mutual agreement. It is expected that the job description will be reviewed regularly by the post holder and his/her manager.
Position Type:
Full time
Contract Type:
Regular
Pay Frequency:
Annual
Location:
Dublin, Ireland
Job Functional Area:
Finance
All appointments are subject to providing proof of eligibility to work in Ireland on full time basis (upon being invited to interview). Please refer to our privacy policy here:
DBS Privacy Notice for Candidates
.
This job description is a guide to the work the post holder will initially be required to undertake. It may be amended from time to time to meet changing circumstances by mutual agreement. It is expected that the job description will be reviewed regularly by the post-holder and their manager.
DBS is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity. If you require any adjustments or additional support within the recruitment process, please contact us directly.
Demo
Dublin, LE
Full Time