Director & CFO EEM

The group has an annual turnover of €12billion and 55,000 employees. The EMEIA division which The Eastern Europe Manufacturing Region (EEM) belongs to has sales of c.2.2bn Euros and approximately 12,000 employees. EEM has approximately 1,150 employees and annual turnover of about €90m. EEM is led by the VP & Head of East Europe Manufacturing (EEM). EEM consists of three factories producing products and components for other companies within EMEA. One factory is located in Rychnov, Czech Republic, and represents the EMEA centre of excellence for Cylinders and Elmech products. Another factory is in Bucharest, Romania and represents the EMEA centre of excellence for Locks. The third factory is in Leszno, Poland and it is focused factory for Door Closers.

Each factory is led by a Plant Manager and has its own Financial Manager or Controller. ASSA ABLOY is looking for a CFO who will be responsible for ensuring that the financial and accounting systems in the EEM Region are managed in a professional and timely manner. The CFO EEM will coordinate and consolidate the financials for the whole Region, managing a small central controlling team alongside the respective Plant Finance Managers and Controllers. The jobholder will interface with the EMEIA finance team ensuring Group policies, standards and deadlines compliance. The jobholder will be a key member of the regional EEM leadership team reporting to the Managing Director EEM with a strong coordination and collaboration with the EMEIA Divisional CFO.

Purpose of the Job:

The jobholder will be an active member of the Management Team, acting as a business partner and advisor to the Managing Director EEM. To lead and develop the Finance team to support profitable growth within the Region providing support in strategy development, business performance management and capital investment evaluation.

To deliver the financial planning and reporting processes within Group guidelines, supported by effective systems to the highest ethical and professional standards.

Key Responsibilities:

• As a member of the Management Team, you will be expected to actively contribute to the development and implementation of all aspects of the regional strategy.
• To ensure financial reporting is delivered within Group guidelines in a timely and accurate manner, to the highest professional standards across the Region.
• Provide excellent business analysis on past results and on the outlook for future financial performance.
• Prepare the short-term forecast, budget and long-term business plans.
• To coordinate and control cost controlling and pricing strategy in line with ASSA ABLOY methodology.
• To drive cash flow management together with optimization of working capital.
• OPEX and CAPEX Investment management, FX risk management and fiscal balance sheets.
• Actively identify and evaluate key risks across the region.
• To manage the relationship and ensure financial compliance with external authorities (Auditors, tax authorities, banking partners..).
• Develop and implement finance, accounting, billing and auditing procedures and ensure appropriate management of the administrative, financial, civil law and fiscal issues, in compliance with the procedures set out by the group as well as with International Accounting Standards.
• Take ownership of the internal and external audit process and the implementation of audit recommendations.
• Oversee the strategic development of seamless processes and ERP implementations.
• Facilitate positive communications and collaboration across the wider professional teams for finance, IT and compliance within the Region.
• Romanian entity legal Administrator.
• Ensure that compliance requirements and legal matters are reported and managed for the Region.
• To be the Compliance Officer for the EEM with specific responsibilities for Anti-Trust, Anti Bribery and Trade compliance issues.
• Create, promote and continuously improve a safe working environment for all our employees and stakeholders.

...and any other duties required to assist in supporting the achievement of Company objectives

Education, Work Experience and Personal Qualities

• Fluent in English. Native Romanian as advantage.
• Educated to at least a degree level in financial discipline.
• MBA or equivalent would be an advantage.
• Accountancy - professionally qualified / CPA status.
• Good level of knowledge on IFRS desirable.
• A minimum of 10 years’ broad-based experience with at least 5 years’ experience in a senior finance role.
• Experience working in the Manufacturing or Engineering industry in an International environment would be a distinct advantage.
• Excellent computer skills including Microsoft Office.
• Good knowledge and hands on experience with ERP systems.
• Good working knowledge of Hyperion consolidation and Hyperion Smart View would be useful.
• Highly credible presence in all meetings due to your business acumen.
• Excellent communication skills with the ability to influence at all levels of the business.
• Solutions orientated, pragmatic, who can deliver timely solutions with their drive and passion.
• An excellent team leader who has the ability to drive the management team to face the challenges that lie ahead.
• A self-starter with an ability to manage multiple priorities.
• Prepared to travel within the region and occasionally outside of it.