Finance Director

Location
Madrid
Salary
€70000 - €80000 per annum
Posted
23 Oct 2024
Closes
20 Nov 2024
Ref
JN -092024-6550066
Contact
Guillermo Recoder
Job role
CFO
Contract type
Permanent
Hours
Full time
Experience level
Director

Important multinational company in the commodities sector is looking for a Finance Director based in Madrid. The ideal candidate will have minimum 3-5 years as a hands-on Finance Director/ Finance Manager in a small/ medium-sized subsidiary of a multinational group. Experience in a sales company is required; experience in the commodities sector is a significant plus. IFRS knowledge is a must. Very high English level is a must. Workplace type: Hybrid

Client Details

Important multinational company in the commodities sector is looking for a Finance Director based in Madrid. The ideal candidate will have minimum 3-5 years as a hands-on Finance Director/ Finance Manager in a small/ medium-sized subsidiary of a multinational group. Experience in a sales company is required; experience in the commodities sector is a significant plus. IFRS knowledge is a must. Very high English level is a must. Workplace type: Hybrid. Office in the center of Madrid.

Description

Reporting to the Country Manager, the selected candidate will be responsible for the following responsibilities:

Financial Operations Management

  • Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
  • Manage the company's cash flow and working capital to ensure sufficient liquidity for operational needs.
  • Cultivate strong relationships with banking partners and other financial institutions to ensure access to necessary financial resources.

Accounting and Financial Reporting

  • Maintain accounts in compliance with statutory requirements, accounting standards (e.g., LOCAL GAAP, IFRS), and regulatory requirements.
  • Prepare and submit monthly financial reports, including analysis of variances between actual results and forecasts to the General Manager.
  • Coordinate the external audit process, including preparation of audit schedules and liaison with auditors.

Budgeting and Financial Forecasting

  • Lead the development of annual budgets that reflect the company's financial targets, monitoring and adjusting them to ensure alignment with company goals.
  • Develop and maintain financial forecasting models to project future financial performance.

Risk Management

  • Identify and assess financial risks, including market, credit, operational, and compliance risks.
  • Establish and enforce policies and procedures to manage financial risks effectively, ensuring compliance with relevant financial regulations and reporting requirements.
  • Monitor risk limits as set in the business plan and oversee insurance requirements.

Leadership and Team Development

  • Lead, mentor, and develop the finance and accounting team, fostering a culture of high performance and continuous improvement.
  • Collaborate effectively with other departments to enhance overall organizational performance.

Tax Management

  • Stay updated on tax regulations and ensure compliance with national and international tax laws, including transfer pricing regulations.
  • Identify and minimize tax risks, overseeing tax filings and preparing timely tax reports.

Financial Systems and Internal Controls

  • Implement and oversee robust financial systems and processes to ensure data accuracy, efficiency, and security.
  • Establish internal controls and procedures to safeguard company assets and ensure financial integrity.

Cost Management and Savings Identification

  • Identify cost-saving opportunities and present them to the General Manager.
  • Prepare business analyses and investment calculations to support decision-making.

IT and Compliance

  • Ensure a secure and modern IT infrastructure while monitoring and minimizing IT risks, including cybersecurity and data protection.
  • Ensure compliance with IT-related legal and regulatory requirements.

Profile

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field.
  • MBA or Master's in Finance is preferred.
  • A minimum of 15 years of progressively responsible financial experience, including at least 3-5 years as a Finance Director or Finance Manager in a small/ medium-sized subsidiary of a multinational group.
  • Experience in a sales company is required; experience in the commodities sector is a significant plus.
  • Previous experience in a Big 4 firm is an advantage.
  • In-depth knowledge of accounting principles and standards (Local GAAP/ IFRS) and financial regulations.
  • Familiarity with financial software and ERP systems (previous experience working with Microsoft Dynamics 365 Business Central is a plus).
  • High analytical skills and proficiency in Excel and PowerPoint.
  • Excellent verbal and written communication abilities in English and Spanish.

Competences

  • Hands-on problem solver, innovative thinker, and mature personality capable of serving as a constructive advisor to the General Manager.
  • Independent, self-directed individual with high ethical standards; reliable and loyal.
  • Well-organized, detail-oriented, and responsive to deadlines.
  • Team-oriented leader and motivator with excellent communication skills at all levels.

Job Offer

  • Salary package: 70.000 - 80.000 euros fixed salary + attractive bonus.
  • The final offer will depend on the real experience demonstrated through the process.
  • Workplace type: Hybrid
  • Job location: Center of Madrid.
  • Job managed by: Guillermo Recoder.