Financial Executive
3 weeks ago
Financial Executive Role Summary:
The Financial Executive is responsible for controlling and managing the financial activities of the organization. This position provides financial assessments and information to the Senior Management team, ensuring that planning and budgeting activities meet corporate goals.
Key Responsibilities:
- Provide financial information and interpretations to other management.
- Give assessments of proposals involving financial expenditure and the financial status of operational projects.
- Control activities such as taxation, credit policy, cash flow, and investment policy, costing, and expense control, preparation of tenders, audits, and compliance.
- Lead and ensure compliance for SOX, Vertiv Policy & Procedures (VPP), and local statutory requirements, including direct and indirect taxes.
- Administration of contracts, insurance arrangements, and property administration.
- Represent the organization in dealings with the organization's bankers, legal advisers, major clients, and others as required.
- Make policy decisions and accept responsibility for operations, performance of staff, achievement of targets, and adherence to budgets, standards, and procedures.
Continuous Improvement:
- Monitor, review, and implement systems and procedures that improve the overall operations and financial reporting functions within the organization.
Planning, Process, and Reporting:
- Lead and prepare the annual budget for the organization, meeting all regional and corporate deadlines.
- Ensure the accuracy of the rolling forecast at a P&L, Balance Sheet, and product line revenue and margin level.
- Monitor and review and analyze price achievement on a monthly basis, ensuring alignment to P&L results.
People Management:
- Recommend training, either technical or customer service, of finance staff.
- Manage the staff in the most efficient manner, ensuring all legal obligations and humane considerations are met in the process. Appraise staff on an ongoing basis and regularly review performance with subordinates.
- Ensure that the finance team are fully trained to meet their objectives and utilize the equipment and resources that are available to them.
- Provide the employees with safe work practices and ensure that their welfare is secured.
WHS, Environment, and Quality:
- Comply with all Work, Health & Safety, Environment, and Quality obligations.
- Actively promote safety in the workplace.
Requirements:
- Professional qualifications – a degree in business, accounting/finance discipline.
- CPA/CA qualified.
- 5-10 years' experience in a finance/accounting area.
- Experience in managing subordinate staff.
- Previous experience in a multinational organization.
- Experience working in industrial equipment sectors preferable.
- High level of commercial knowledge/awareness.
- Communication skills with all levels of customers and management.
- Strong negotiation and leadership skills.
The successful candidate will embrace Vertiv's Core Principals & Behaviors to help execute our Strategic Priorities.
Our Core Principals:
- Safety.
- Integrity.
- Respect.
- Teamwork.
- Diversity & Inclusion.
Our Strategic Priorities:
- Customer Focus.
- Operational Excellence.
- High-Performance Culture.
- Innovation.
- Financial Strength.
Our Behaviors:
- Own It.
- Act With Urgency.
- Foster a Customer-First Mindset.
- Think Big and Execute.
- Lead by Example.
- Drive Continuous Improvement.
- Learn and Seek Out Development.
At Vertiv, we're on a mission to empower the people that will power the future. From a simple swipe to life-changing medicines, from push notifications to generative AI. We design, manufacture, and service the products and solutions that keep the world connected. With $ billion in revenue, a strong customer base, and global reach spanning nearly 70 countries, we are uniquely positioned to deliver greater value to our customers and create new opportunities for our people.
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