Rbu Controller Tec

Position Summary

The incumbent is a Strategic Business Partner and advisor to the CEO and RBU Leadership team in defining and rolling out operational and strategic priorities in terms of financial planning and analysis, commercial objectives and projects, strategic projects such as M&A and investments. A member of the Group Finance Leadership Team to support group wide initiatives and ensure implementation in the respective RBU and its member entities. The person will be responsible in area of Commercial support, Planning and Management Accounting, project/Project Costing and Inventory management, Treasury, Reporting and controls.

**Responsibilities**:
**General and commercial**
- A member of the RBU leadership team. Advises the team on any financial matters as basis for decision support and strategic planning.
- A member of the Group Finance Leadership Team. Is responsible for the implementation of group wide financial initiatives in the respective RBU (e.g. Treasury, Tax, ITC, and Commercial).
- Offers advice on commercial terms and conditions for tenders and contracts for major projects as and when raised by RBU company and/or sales management in other countries.
- Challenge business and contribute to operational decision making by using financial data.
- Acts as a catalyst for driving business transformation.
- Links strategic objectives of the RBU with the financial goals set.
- Leads and supervises the in-company FPA in the respective RBU entities and coaches them in all aspects of financial controlling.
- Designs “organizational” structures for new companies, or new divisions/departments for existing/restructured companies. Ensures that tax, financial and ITC matters are taken care of.
- Reviews commercial contracts and escalates to the Group Director Corporate and Legal Affairs as per policy.

**Planning and Management Accounting**
- Evaluates business decisions and projects with regards to the financial impact for the RBU or for local strategic projects.
- Assists the RBU leadership team in the roll out of operational initiatives.
- Leads and coordinates the forecasting and budgeting process for the respective RBU for the short and mid-term plans according to group and RBU requirements and timelines. Prepares and presents the financial assumptions and performance to the regional RBU leadership team and EB/CFO.
- Supports the RBU leadership team in setting financials goals and establishes a reporting against those.
- Helps in cost control and expense management and tracks performance against targets defined.
- Performs regular financial analysis, simulations and reports them pro-actively to the RBU leadership team and to Group finance.
- Pro-actively highlights, understands and flags financial challenges to the RBU leadership team and / or Group Finance as appropriate.
- Reviews areas for financial or process improvements, aligns them to Group requirements, defines actions for and manages implementation.
- Provides financial solutions to changed requirements in operation, policies, legal requirements etc.

**Product / Project Costing and Inventory Management**
- Supports the FP&A and reviews major project tender and costing, receives track reports on project costs and margin information, monitor project progress and project spending to determine if on track. Instructs the corrective actions to be taken to mitigate the financial risk.
- Develop control measures to ensure the commercial milestones are followed across the region for timely billing of down payments, progressive claims, retention amounts and work in progress.
- Monitors the preparation of annual product cost development.
- Coordinates team activities to optimize cost performance of the plant through capital investment programs and optimizing working capital usage.
- Reviews inventory valuation by FP&A to ensure compliance to Group policies and accounting standards, make sure they have accurate quantities and are properly valued.
- Monitors stock aging, computes and reviews obsolete inventory provisions, reports inventory development to regional team and highlight effects of provisions on the profitability of the business.

**Treasury**
- Oversees and monitors together with local teams working capital (DSO, stocks, AP) and cash positions for entities.
- Consolidates and reviews cash-flow forecasts to ensure pro-active management of cash needs or cash overruns.
- Drives and implements Group treasury initiatives with regards to cash management, FX management, working capital development and financing of projects and business operations.

**Reporting and Controls**
- Manages the financial risk management of the RBU. Overseas compliance within the RBU, such as compliance to DoA and internal controls. Set policies for the RBU if not covered by or deviate from JJ’s Group policies.
- Ensures timely implementation of Internal Audit findings in cooperation with respective company management and FPA.
- Develops and strengthens finance skill