Job Description
This position plays a vital role in overseeing and managing the financial activities the Public Safety Business. Responsible for providing strategic financial guidance and ensuring the businesses financial health, stability, and growth. The role collaborates with various departments and senior executives to develop and implement financial plans, policies, and strategies aligned with the organisation's goals and objectives.
To work with the Commercial finance team to provide guidance and innovation to assist in complex financial transactions, bids and acquisitions.
To work with the CFO and Group finance team to provide technical leadership in terms of driving forward improvements to systems, processes & accounting policies.
1. Financial Planning and Analysis:
1. Develop and implement financial strategies, plans, and budgets to support the organization's short-term and long-term goals.
2. Conduct financial analysis and provide insights on key performance indicators, financial trends, and forecasts.
3. Assess the financial feasibility of projects and investments, and provide recommendations to senior management.
2. Financial Reporting and Compliance:
4. Prepare accurate and timely financial statements, reports, and analysis in accordance with regulatory requirements and accounting standards.
5. Ensure compliance with financial laws, regulations, and company policies.
6. Oversee internal and external audits, coordinate with auditors, and implement recommended changes.
3. Cash Flow and Treasury Management:
7. Manage cash flow and liquidity, including forecasting, monitoring, and optimizing working capital.
8. Develop and implement effective treasury management strategies, including cash management, debt management, and investment strategies.
9. Monitor banking relationships, negotiate terms, and ensure compliance with banking agreements.
4. Risk Management:
10. Identify and assess financial risks, develop risk management strategies, and implement appropriate controls and procedures.
11. Evaluate and mitigate financial and operational risks related to investments, contracts, and business decisions.
12. Stay updated on industry trends, regulatory changes, and best practices in financial risk management.
5. Team Leadership and Development:
13. Lead and mentor the finance team, fostering a culture of collaboration, high performance, and professional development.
14. Provide guidance and support to finance staff in areas such as financial analysis, reporting, and compliance.
15. Promote a strong internal control environment and ensure adherence to ethical standards.
16. Coach, develop and support the team through conducting regular 121’s
17. Deputise for CFO if required
18. Assist CFO Executive Directors with any other duties that may be required
6. Reporting
19. Lead and Provide accurate and timely P&L, cashflow and balance sheet financial reports for the Executive directors of Solutions and Services (actual and forecast) including commentary on major variances and trends.
20. Lead co-ordination and preparation of the 3YP process with CFO, and Executive Directors of Business unit to include detailed financial analysis, strategy etc
21. Provide detailed KPI analysis (sub-P&L level, by customer or region)
22. Provide financial reports on development and innovation projects (investment appraisal)
23. Provide project and contract reports and forecasts with comparison to BAF and budget
24. Co-ordinate, prepare and review the annual budget and 3 year business plan
25. Liaise with Public Services divisional finance team to ensure Group consolidation and ad hoc finance requests are completed
26. Ensure we have adequate financial processes and procedures in place
27. To take responsibility with the finance team for successfully achieving our independent audit
Qualifications
Industry Experience
28. Experience of working in a software based business model with contract accounting preferable
29. Managerial qualities
30. Management of a highly skilled team. Ability to delegate tasks as appropriate
31. Has a customer driven, service, approach whilst maintaining high levels of quality
32. Ability to communicate clearly, appropriately and in a compelling manner, including explanation of complicated financial processes to non-finance staff, direct reports, and the operational management team
33. Ability to organise, schedule and monitor tasks in order to meet tight deadlines
34. Commercial qualities
35. Working technical knowledge of reporting standards and excellent management accounting techniques
36. Extensive experience of a variety of accounting and operational systems, SAP and TM1 experience is desirable
37. High level of experience and proficiency with MS Office, in particular strong Excel skills are essential
38. Demonstrate a strong understanding of issues, events and activities and a perception of their longer-term impact or wider implications with a willingness to identify fresh approaches and challenge old assumptions
Personal qualities
39. Ability to interact with people at all levels in an effective manner
40. Flexibility to work within a high growth, rapidly changing environment
41. Commitment to continuous personal development
42. Full ownership of problems and issues
Qualifications and Skills:
43. Bachelor's degree in finance, accounting, or a related field (Master's degree or Accounting qualification preferred) or equivalent experience
44. Proven experience in a senior financial management role, such as Finance Manager or Controller.
45. Strong knowledge of financial principles, practices, and regulations.
46. Excellent analytical, problem-solving, and decision-making skills.
47. Proficiency in financial software systems and advanced MS Excel skills.
48. Exceptional leadership and communication abilities.
49. Ability to work in a fast-paced, dynamic environment and manage multiple priorities effectively.
Additional Information
We are proud of the benefits we offer employees of NEC Software Solutions
50. Private Medical Cover funded by NEC for Employees (with the option to add family members at an additional cost)
51. 25 days paid holiday with the option to buy/ sell
52. 4 x basic salary life assurance cover funded by NEC (with the option to increase cover at an additional cost)
53. A Group Pension Plan with fantastic employer contributions up to a maximum of
54. A fantastic selection of flexible benefits to suit your individual needs
55. We are an employer who cares, we have a invaluable employee assistance programme which can help in every area of your life
56. All colleagues get free access to LinkedIn Learning. Over 15000 courses covering a huge breadth of subjects. Learn about what you like, when you like, how you like.
Other Information