What are the responsibilities and job description for the Financial Reporting & Controlling - Head of Finance/Controlling position at MAN Energy Solutions?
MAN Energy Solutions enables its customers to achieve sustainable value creation in the transition towards a carbon neutral future. Addressing tomorrow’s challenges within the marine, energy and industrial sectors, we improve efficiency and performance at a systemic level. Leading the way in advanced engineering for more than 250 years, we provide a unique portfolio of technologies. Headquartered in Germany, MAN Energy Solutions employs some 14,000 people at over 120 sites globally. Our after-sales brand, MAN PrimeServ, offers a vast network of service centres to our customers all over the world.
Financial Reporting & Controlling - Head of Finance/Controlling
Summary : The Head of Accounting and Finance is responsible for accounting processes, standards, effective systems, policies and controls / compliance for Profit and loss, Balance sheet and Cashflow. Setting a clear strategic vision for the Finance team, ensuring alignment with MAN strategy and communicates to all staff and key stakeholders. As a seasoned professional this position requires expertise in financial analysis, accounting services, risk management and team leadership.
Key Job Responsibilities
Competencies
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Financial Reporting & Controlling - Head of Finance/Controlling
Summary : The Head of Accounting and Finance is responsible for accounting processes, standards, effective systems, policies and controls / compliance for Profit and loss, Balance sheet and Cashflow. Setting a clear strategic vision for the Finance team, ensuring alignment with MAN strategy and communicates to all staff and key stakeholders. As a seasoned professional this position requires expertise in financial analysis, accounting services, risk management and team leadership.
Key Job Responsibilities
- Ensures that the company’s accounting policies are executed in a proactive control environment.
- Serves as a Subject matter Expert (SME) for related policies and processes, supports productivity objectives and continuous improvements, process changes and leading practices, continuously.
- Establishes finance operational strategies by evaluating trends; establishing critical measurement; productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; implementing change.
- Responsible for the effective execution of interim and year-end close processes in close partnership with Group Finance.
- Oversees the company’s general accounting function, which includes inter-company accounting, cash-flow management/reconciliation/Treasury, financial reporting and balance sheet / working capital management.
- Manages International tax compliance for the company, including transfer pricing, VAT and other indirect taxes. Supervise the tax planning, strategy and reporting activities of the company. Manage tax audits and inquiries from tax authorities.
- Leads Collaboration with key stakeholders, including senior level Business Partners, both (tax) auditors / tax consultants and Group Functions.
- Leads the execution of remedial actions identified by either internal or external audit findings.
- Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
- Develops organization prospects by analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement.
- Monitors and confirms financial condition by conducting audits; providing information to external auditors and tax consultants.
- Accomplishes finance human resource strategies by determining accountabilities; communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, coaching, counseling, disciplinary, and communication programs; planning, monitoring, appraising, and reviewing job contributions.
- Updates job knowledge by remaining aware of new regulations; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organization.
- Works with insurance brokers to secure appropriate coverage and provide data driven support during renewals.
- Accomplishes departmental and organization mission by completing related results as needed.
- Bachelor's degree (B.S.) in Finance from a four-year college.
- 12 years total accounting/finance experience.
- 7 years of managing and leading a team of 6 or more, , preferably for a small to mid-sized B2B/professional services company.
- Experience working with external auditors, internal controls and compliance-related issues.
- Experience in International Financial Reporting Standards (IFRS), US Tax accounting, Transfer Pricing regulations.
- Advanced proficiency in financial software (SAP, Excel, etc.) and reporting tools.
- CPA or Master’s degree with more than 10 years in progressively responsible financial leadership roles, preferably in the manufacturing industry.
- Knowledge on SAP S/4HANA and SAP Concur.
- Experience working closely with IT staff to manage and/or upgrade finance systems. Systems implementation experience strongly preferred.
- N/A
Competencies
- Good leadership skills.
- Organizational skills. Attention to details.
- Ability to multitask in a fast-paced , dynamic work environment.
- Excellent interpersonal skills, ability to communicate well with all levels across boundaries.
- Works well under pressure and within deadlines.
- High level of integrity and dependability with a strong sense of urgency and results-orientation.
- Team player - maintain good relations with internal and external business partners.
- All employees share the responsibility for encouraging a proactive safety culture through demonstration of being a positive role model, proper safety behaviors and safe work practices.
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