The posting
● Head of the finance function for Brunei
● Engage with the business to develop the strategy with a focus
on growth. Translate the business plan into financial plan
● Accountable for the annual operating plan and monitoring
delivery - P&L, cash flow (receivables in particular) & KPIs
● Run the forecast process to identify business risks and
mitigation options to keep the countries on plan
● A key member of the country management teams as the
commercial insight for the business
● With the MD deliver growth and profit agenda through
commercial analysis of Cleaning Services, Drainage, Pest
Control and Hygiene to identify the best options
● With the MD, deliver acquisition growth through a pipeline of
deals.
● Keep the business up to date with relevant statutory, internal,
or external regulations, standards, and codes of good practice
● Manage the day-to-day financial activities of the organization
● Control its financial resources and ensure that all financial
transactions, systems and procedures comply with regulations,
accounting principles, and standards.
● Activities include: month-end closing, financial analysis and
reporting; taxation; insurance; credit control; accounts payable
and receivable; inventory and costs control
Duties & Responsibilities
1. Strategic Plans, budgets, financial evaluation 1.1 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.
1.2 Develop and prepare the annual budgets in accordance to the
framework of the corporate budget.
1.3 Evaluate and prepare financial justification and impact for any
major investments including capital expenditure, major
jobs/works, new/replacement products/services proposals.
1.4 Participate and support assigned corporate projects.
2. Trading results analysis, KPIs and forecastingWith the objective of identifying opportunities for
improvement in business management, enhanced trading
performance, cost reduction and precision in results
forecasting.
2.1 Prepare and analyse the monthly and quarterly financial
trading results against budget, prior year and forecast targets
for the areas/branches.
2.2 Prepare and analyse monthly KPIs, management statistics and
trend data for the areas/branches.
2.3 Coordinate monthly re-forecasting of trading projections for
the area/branches providing support in order to improve the
precision and reliability of forecasts.
2.4 Participate with senior management in monthly country review
meetings.
3. Working Capital
3.1 Proactively support and promote all initiatives on reductions
of branch stocks, materials and equipment for rental lines.
3.2 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
4.1 Prepare revised monthly capex spend forecast for
consolidation into company balance sheet and cash flow.
4.2 Undertake periodic rotational reviews of asset registers to
scrutinize for potential obsolete items.
5. Procedures, Controls and Compliance
5.1 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.
5.2 Undertake when required program of branch/site visits to
perform controls and compliance reviews and to support the
branches with training guidance.
5.3 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.
5.4 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.
5.5 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.
5.6 Recommend changes to procedures and controls in order to
improve efficiencies, remedy a control weakness, or enhance
business performance.
5.7 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
6.1 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.
6.2 Prepare and deliver presentations / training modules to the
Managing Director and Senior Managers and functional staff
as required.
6.3 Provide proactive support for the company missions/
objectives, the management and staff to assist them in the
efficient performance of their responsibilities.
7. Operations
7.1 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.
7.2 Manages and supervises direct line staff on a day to day basis,
where applicable.
7.3 Any other duties as needed.
8. Collection Management
8.1 Oversee the credit management to customers
8.2 Oversee achievement of monthly collection and DSO Budget
Prerequisites: ● Finance Manager for a medium size or SME companies
● MNC experience
● Experienced finance professional from the Services Sector
● University degree /CPA
● Qualification in finance / accounting with track record of
delivering value to the business beyond audited accounts
● Leadership of small team
● FP&A
● Working capital management, particularly receivables
● Investment analysis
● Audit experience (strongly preferred) ● M&A (added advantage) Work Experience ● Minimum of 10 years of industrial experience in finance & accounting roles preferably for a multi-national company ● Demonstrated leadership & communication skills: 5 years in finance management positions in a matrix organisation and at ease dealing with leaders in other disciplines ● Expertise in several finance disciplines with FP&A a must have ● Strong financial modelling and IT practical skills, particularly in MsExcel. ● BI systems (not essential)
Competencies Deliver Results
The drive and ambition to achieve goals/objectives and the discipline,
organization and perseverance to deliver outstanding customer
service.
Act Commercially
The ability to gather and make sense of large amounts of information
and apply it to make business and customer focused decisions
Manage Self
Managing own emotions to remain calm, focused and optimistic
while dealing with a constant stream of demands
Coach and Develop
The encouragement of long term development of others to build
capability.
Work With Others
Building relationships and collaborating with others (e.g. customers,
colleagues, partners and suppliers) to achieve our mission.
Display Leadership
The ability to inspire others to achieve Rentokil Initials objectives and
to hold them accountable for high standards of performance.
