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Group Finance Director - Melett

Employer
Wabtec
Location
UK
Salary
Competitive
Closing date
25 May 2022

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Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
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Wabtec Corporation is a leading global provider of equipment, systems, digital solutions and value-added services for freight and transit rail. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation and Faiveley Transport, the company has unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world. Wabtec has approximately 27,000 employees in facilities throughout the world. Visit the company's new website at: .
It's not just about your career... or your job title...it's about who you are and the impact you are going to make on the world. Do you want to go into uncharted waters...do things that haven't been done to make yours and someone else's life better? Wabtec has been doing that for decades and we will continue to do so! Through our people, leadership development, services, technology and scale, Wabtec delivers better outcomes for global customers by speaking the language of industry.

The Group FD is responsible for managing all the financial and accounting processes, practices and reporting for four business units within the Melett group (UK, China, Poland and US).

Responsibilities include managing the monthly financial close process, budgeting and forecasting for the business in addition to managing financial and accounting policies, procedures and controls and support to the strategic planning process of the organisation.

The Financial Director reports directly to the CFO, Components Group of WABTEC and has a dotted line to the business unit Managing Director, advising him/ her on the financial implications of business decisions.

The position will manage of team of 4 in the UK Finance function.

GENERAL DESCRIPTION - TASK RELATED

Responsibilities include, but are not limited to:
  • Act as Finance Business Partner for Managing Director and Senior Management Team.
  • Manage a team of 5 UK staff and direct/monitor the 3 overseas business units finance functions for all finance and accounting operations.
  • Monitor and communicate financial performance and cashflow of the business.
  • Produce timely and accurate monthly local financial statements and Wabtec group reporting and ensure high quality data is reported to support decision-making and drive results.
  • Prepare and co-ordinate financial plans, budgets and monthly forecasts.
  • Create and develop business financial models.
  • Prepare incisive commentaries and variance analyses.
  • Ensure quality control over financial transactions and reporting.
  • Oversee month-end and year-end close process.
  • Manage all accounting ledgers and transactional processing within the department, including general ledger, asset ledger, inventory, accounts receivable, accounts payable, cost accounting and inventory recognition.
  • Prepare regulatory reporting including annual statutory accounts, taxation computations etc.
  • Ensure adherence to internal financial control and Sarbanes Oxley requirements and local compliance. Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • External and internal audit liaison.
  • Oversee treasury, banking, taxation and VAT aspects at a local level.
  • Lead Continuous improvement and lean culture within Finance function.

EMPLOYEE SPECIFICATION

QUALIFICATIONS:

Fully qualified ACA, ACCA or CIMA

SKILLS & EXPERIENCE:

Essential
  • Minimum of 10 years accounting experience in a manufacturing environment, with at least 5 years financial management experience with international responsibilities.
  • Previous responsibility for International Group of Companies.
  • Experience of International Accounting Standards, and Sarbanes Oxley compliance.
  • Ability to create and develop financial models, sensitivity analyses and business scorecards.
  • Ability to interrogate and summarise data.
  • Good judgement and decision-making skills.
  • Problem solving and analytical skills.
  • Ability to communicate with cross-functional areas in the business and good presentation skills.
  • Excellent IT skills and ERP systems experience.
  • Outstanding Excel and Powerpoint skills.
  • Of a curious mindset, a strategic thinker and good business acumen.
  • Prior experience of Continuous Improvement/ Lean would be a definite advantage. Promotes business improvement and change.
  • Interpersonal and supervisory skills, with emotional competency, the ability to coach, develop and motivate employees and evaluate team performance and provide feedback.
  • Deals well with ambiguity, can comfortably handle risk and uncertainty.

Desirable
  • Proficient in US GAAP.
  • Prior experience of implementing a new business system (SAP Business One or Oracle) highly desirable.

Wabtec Corporation is committed to taking on the world's toughest challenges. In order to fulfill that commitment we rely on a culture of leadership, diversity and inclusiveness. We aim to employ the world's brightest minds to help us create a limitless source of ideas and opportunities. We believe in hiring talented people of varied backgrounds, experiences and styles...people like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.
Summary
  • Location: Barnsley, United Kingdom
  • Type: Full time
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