The Finance Director is a key member of the regional management team (BUMT), acting in a business-wide role to proactively support the Managing Director (MD) to maximise delivered value. The Finance Director will have a deep level of operational knowledge, to enable critical review and challenge of key decisions and information across all functional disciplines within the business unit (BU).
The role leads the finance function and financial capability for the region, providing business and performance insight and challenge. The Finance Director is a steward for the business with an eye to promoting governance in the BU, and provides a business and financial control ethos. However, importantly, the Finance Director is also a catalyst for accelerating value optimization in the business, on behalf of the shareholders.
The Finance Director reports to the Regional Managing Director, with a dotted reporting line to the Group Finance Director. The role acts alongside other Finance Directors in the division, developing innovative thinking and solutions for the division and the wider finance function. The Finance Director will work with the Divisional Finance Director (DFD), communicating regularly, and providing accurate and timely information for use by the Divisional Chairman and Group Finance. The Finance Director role covers four broad elements:
Catalysing optimal business performance
- Review and challenge new business from key operational and performance perspectives, in conjunction with the BUMT. Provide financial oversight and final recommendation which considers all key business aspects, to the MD.
- Lead the business planning process. Review and challenge operational assumptions with the BUMT before critical decisions are taken, and for inclusion in plans and forecasts. Provide accurate and insightful financial information to support the creation and articulation of business plans.
- Challenge and encourage the business unit to optimise value from the landbank, delivering the anticipated financial performance, but maintaining the Group's customer centric ethos.
A businesses strategist
- Together with the MD, lead the development of the BU business strategy, in conjunction with the wider BUMT. Support the strategy with financial analysis.
A financial steward
- Work to protect the assets of the business, ensure compliance with financial regulation and ensure appropriate care and diligence is taken in the corporate governance of the region.
- Provide critical oversight of the core finance outputs and processes operated by the Finance Manager and team.
- Provide an overview to ensure robust financial processes and controls are consistently maintained.
- Work with the BUMT to actively identify business risks, driving possible mitigating solutions well in advance of potential risks crystallising. Horizon-scan for potential opportunities for the business to deliver, to help shape the future of the business.
An expert finance operator
- Create a team of suitably qualified and experienced finance staff and develop both technical and soft skills in the team.
- Drive the attraction and retention of key talent within the Finance function through a positive and engaging approach.
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