Our client are seeking to recruit a senior Finance professional to join the Board and work as part of the Executive Management team of a Parking and Parking related Services Company which is part of a larger Pan European Group.
As a member of the Executive Board provide dynamic and inspirational leadership in strategic and compliant Financial Management. In particular to lead and motivate the Finance Team, and through them support operations to deliver budgeted financial results. The business is going through transformation and as such the post holder will be required to support the wider process but to also implement change in the finance function to ensure it is fit for purpose. To contribute to creating a “best in class” Parking and associated services business in the UK. Key to the role is ensuring our systems and processes are optimised to drive further efficiencies both within finance and but also across the Company.
Main Duties and Responsibilities
In summary, basic responsibility will encompass;
Management of the Finance Team to ensure the
accounting and Operational Control of;
In conjunction with the Board review deal book content to ensure compliance with expectations on margins. Review and support the Regional Managing Director to take forward to group applications for capital investment in relation to client bids/tender.
Operational and Statutory Reporting
Monthly, Quarterly, Annually and as required
Preparation and analysis of the overall Company financial reports, compared to trend, Budget and Forecast of the:
Ensuring the reporting is timely and tailored to the various reporting routes including to UK MD and Senior Management
Ensure that the Finance team provides monthly reporting of KPI’s and contract level financial performance vs. budget and that the Heads of Sectors hold monthly reviews with location managers to investigate and understand variances.
Intra-Group to the European Parent Company, through reporting systems. Ensure all standing data is also monitored and maintained in line with Parent company requirements.
UK and other Statutory bodies, covering both Annual Accounts and taxation reporting.
Other governmental and non-governmental bodies.
Budgets and Forecasts
Lead the Finance Team and support the Regional Managing Director during the Budget and Forecast processes, especially with the provision of current trend and year to date actual information.
Reporting and Systems
Major upgrade of ERP system (Microsoft Dynamics/Navision), including review of all finance processes, ledger structure and associated headcount/human resources. Implement robust financial reporting systems which streamline and automate processes both in finance and operational controls.
As required take a proactive role in acquisitions carry out required due diligence reviews and report findings. Give detailed analysis on financial risk and reward of prospective mergers and/or acquisitions. As required support the successful integration of acquired activity within the company.
Good verbal and written skills, capable of working on both technical and a more commercial level. Whilst technical strength will be important, the capability to work alongside non-Financial Managers is a must. Someone who likes getting into operational detail as well as being strategic is a must.