We are looking for a motivated, dynamic Head of Finance (based in Brunei) to join our team. Your new role would be reporting to the Finance Director in Malaysia and dotted line to the General Manager of Rentokil Initial Brunei, the position will be an integral part of Brunei’s management team and one of the key business partners to the functional stakeholders and business unit heads.
In this role you will be responsible for:
1. Strategic Plans, Budgets, Financial Evaluation
- Liaison with the Senior Management to develop, analyse and support the financial business plan proposals, associated key performance indicators, working capital and capital expenditure plan for the division annual budget in accordance with corporate guidelines and divisional growth objective.
- Develop and prepare the annual budgets in accordance to the framework of the corporate budget.
- Evaluate and prepare financial justification and impact for any major investments including capital expenditure, major jobs/works, new/replacement products/services proposals.
- Participate and support assigned corporate projects
2. Trading results analysis, KPIs and forecasting
With the objective of identifying opportunities for improvement in business management, enhanced trading performance, cost reduction and precision in results forecasting.
- Prepare and analyse the monthly and quarterly financial trading results against budget, prior year and forecast targets for the areas/branches.
- Prepare and analyse monthly KPIs, management statistics and trend data for the areas/branches.
- Coordinate monthly re-forecasting of trading projections for the area/branches providing support in order to improve the precision and reliability of forecasts.
- Participate with senior management in monthly country review meetings.
3. Working Capital
- Proactively support and promote all initiatives on reductions of branch stocks, materials and equipment for rental lines.
- Monitor the monthly trends of inventories and adoption of inventory control measures. Initiates corrective action where there is an opportunity for improved control or inventory reductions.
4. Fixed Asset Management
- Prepare revised monthly capex spend forecast for consolidation into company balance sheet and cash flow.
- Undertake periodic rotational reviews of asset registers to scrutinize for potential obsolete items.
5. Procedures, Controls and Compliance
- The Finance Manager has a direct responsibility to comply with the Company policy and procedures, maintain control procedures intact, observe and apply corporate governance, and to adopt the Group Corporate Social Responsibility mandates.
- Undertake when required program of branch/site visits to perform controls and compliance reviews and to support the branches with training guidance.
- Broadly monitor all activities throughout the division to satisfy on a reasonableness test basis that there are no apparent material breaches of responsibility or control which will adversely affect the reported results or future performance of the division.
- Draw minor breaches requiring corrective action to the attention of the respective managers with a request for corrective action and follow through to ensure the required action takes place.
- Promptly advise the Managing Director/Finance Director of any material breaches identified (or suspected material breaches) and await their instruction on the required course of action.
- Recommend changes to procedures and controls in order to improve efficiencies, remedy a control weakness, or enhance business performance.
- Follow through on all non-conformance/weakness identified in Internal Audit reports to ensure remedial action is completed and correct ongoing procedures adopted.
6. Systems, Training and Support
- Participate and liaison with the Finance Director and as necessary with the Central IT / Other Department on systems development project planning / training / implementation for the country.
- Prepare and deliver presentations / training modules to the Managing Director and Senior Managers and functional staff as required.
- Provide proactive support for the company missions/ objectives, the management and staff to assist them in the efficient performance of their responsibilities.
7. Operations
- To ensure that regular formal reviews are held for staff in the team. Annual appraisals must be completed particularly for your direct reports, with more than six months working experience.
- Manages and supervises direct line staff on a day to day basis, where applicable.
- Any other