CFO – AGS USA

Alliance Green Services (business division of ArcelorMittal Downstream Solutions) provides specialized services to the steel industry focused on innovation to create value, increase safety and lower environmental impact. AGS has the experience, technology and commitment to bring change to an industry with increasing pressure on carbon footprint and valorization of residual wastes.

Alliance Green Services is looking for a CFO located in Calvert, Alabama, reporting directly to AGS CFO and Local Management in the USA.

Duties & Responsibilities :

Finance

• Accurate and timely reporting, accounting & consolidation as per group calendar for AGS USA
• Lead the relationship with Shared Services (BCoE) and ensure best in class performance in accounting practices
• Ensure compliance to accounting policies as per IFRS / Local GAAP
• Detail and effective control, follow up of the P&L and Balance Sheet of AGS USA in statutory books, SAP and BPM report on monthly basis
• Prepare a clean overview of all the interco flows especially interco loans
• Ensure interests and HR provisions are correctly booked
• Ensure compliance to accounting policies as per IFRS / GAPM MAP
• Maintain the Asset Register and followup on the book value, acquisition, disposal etc
• Track the investments and assets
• Supervise (accountability of costs) with his/her team on all the cost elements
• Maintain the Asset Register and followup on the book value, acquisition, disposal etc
• Work on tax integration and Employee Benefits
• Ensure implementation of the Treasury policy in the platform wrt payments, cash pooling, ensure no forex exposures
• Lead a local team of FTEs – controller and accountants
• Define in association with Group CFO on the various yearly action plans such as costs reduction, OWCR optimization
• In cooperation with IT team work on automation of reporting
• Continuous improvement of SAP Module to meet needs of AGS
• Cash flow planning and managing Treasury operations
• Ensure that the deadlines and the quality of reporting are respected
• Participate in the expansion of AGS business in Americas
• Going forward act a nodal point for Americas business

SOP’s

• Review all the accounting tasks and develop process flows and procedures
• Drafting and Revising SOP’s for business processes (closure, forex, costs, Capex)
• Enforcing SOP’s related to SG&A

Audits

• Follow up on audit plan (internal assurance and external auditors)
• Align BPM and SAP report of AGS USA with variances properly explained
• Check of evidence gathered
• Closure of audit reports, governance, BOD minutes
• Follow up plan on Audit recommendation and implementation measures
• Develop Risk Control Matrix to ensure no failures and reporting errors

Controlling

• Preparation of monthly Flash, Budget and quarterly forecast
• Analyze monthly variations and update forecast on monthly basis, especially on pricing, volumes, Production costs, SG&A, EBITDA, Interests, Depreciation, Net result OWCR and FCF
• Preparation of controlling and performance dashboards reports related to KPIs of AGS USA. Balance scorecard approach
• Provide views on deviations vs Budget and MRF through Monthly Dashboard to Management
• Dashboarding and Management reports at business line levels
• Cost controlling of AGS USA
• Financial review of margins and deviations
• Ensure that invoicing to mills are as per the contract
• Work with local CEO to improve the operations and thereby profitability
• Devise metrics to measure asset efficiency and increase utilization
• Control Interco costs like Corp IT, communication, management fees

Others

Education

• Master’s degree in Finance (CPA / CA) preferred

Skills & Specifications

• Knowledge of accounting principles, IFRS & US GAAP
• High standards of professionalism and attention to detail
• Highly proactive, self-starter and eager to take initiative
• Ability to prioritize and multi-task within tight time constraints
• High knowledge of MS Office especially XLS & ppt
• SAP knowledge

Work experience requirements

• Accounting & plant controlling Background
• With 10 years’ experience
• Having exposure to audits is a definitive plus
• A work experience in an audit firm will be a plus

Languages

• English
Any foreign language useful

Alliance Green Services is committed to building an inclusive workplace that promotes and values diversity and is welcoming of people of all backgrounds. We are convinced that a workforce that feels respected and empowered to bring their full, authentic selves to work will lead the way on innovation and bring agility, perspectives and experiences to contribute to our success.

For us, diversity means a workforce reflective of different cultures, generations, genders, ethnic groups, sexual orientation, nationalities, abilities, social backgrounds and all the other unique differences that make each of us individuals. Inclusion is about creating a work environment where everyone has the opportunity to fully participate in creating business success and where all employees are valued and respected for their distinctive skills, experiences and perspectives.

Our commitment to diversity and inclusion will guide our hiring, our workplace culture and customer service.