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Head of Network Finance and Strategy
2 months ago
About the Role
The Head of Network Finance will play a pivotal role in empowering franchise agreement holders to make informed financial decisions, with a focus on larger businesses. This position requires a strong accounting background and commercial acumen to build ongoing relationships, gain trust, and help businesses implement strategies that will grow their revenue, margins, and bottom line.
Key Objectives
- Design an industry-leading methodology for analyzing the financial performance and profitability of a mortgage broking business.
- Advising LMG franchise agreement holders on their financial performance and profitability.
- Calculating LMG network benchmarks and metrics so that businesses can compare themselves to their peers and identify areas of strength and weakness.
- Designing, building, and developing the necessary financial systems to capture and report financial performance and profitability for individual businesses and network benchmarks.
- Communicating benchmarks and results to the network and industry to improve awareness and support financial decision-making.
- Identifying and facilitating network growth opportunities through recruitment, mergers, acquisitions, and succession.
Key Responsibilities
- Financial support to existing businesses via reviews of historical financial results to help businesses understand profitability by business unit and by individual broker.
- Build annual plans, budgets, and strategies to help businesses grow and reach their potential.
- Conversion of businesses to the LMG profit systems.
- Complete a quarterly review with each business using the LMG profit systems and benchmarking analysis.
- Support business owners in their decision-making in relation to all business transactions.
Network Growth
- Assist LMG in ensuring potential recruits are sufficiently capitalized and the right fit for the proposed market.
- Support to new recruits through ongoing meetings and financial analysis.
- Assist business owners through the merger, acquisition, and succession process and deal completion.
Requirements
- Minimum 4 years post-completion of CA/CPA qualification.
- Minimum of 5 years in a senior commercial accounting/financial consulting role.
- Significant experience in core accounting and taxation.
- Solid understanding of business and legal structures (i.e., shareholder agreements, entity structuring).
- Solid knowledge of Xero and prior use of analytical platforms.
- Communication and presentation skills of a high standard, including the ability to build rapport with different stakeholders quickly.
- Experience in supporting a broad range of clients.