Business Finance Manager

Job Purpose: Delivering dedicated financial business partnering to large
divisions and Group Companies by performing a leadership and advisory role on
all financial matters and financial performance and being a key part of
decision making. The Business Finance Manager directly supports Executive
leadership through financial analysis of strategic and tactical initiatives on
a proactive basis in order to facilitate decisions that directly impact the
profitability of that area. The key support they provide assists the business
in developing Group strategy and provides an effective business partnering and
governance support to protect and enhance shareholder value. Job
Accountabilities - Effectively lead finance teams and partner with the
businesses in developing their key strategies and initiatives and proactively
influence to gain the best advantage for EK Group. This includes a thorough
review pre and post investment tracking. The job holder will work closely as a
team member with the business, legal and cross functional support teams
internally and with external stakeholders such as auditors, legal consultants,
suppliers, customers, IATA forums and senior managers in the industry to meet
this objective. - Develop long and medium-term financial plans based on key
drivers of the line department and their respective business plan that targets
organic and in-organic growth to top line, bottom line. These are regular
updated, and kept current for implementation during annual planning and budget
process. Develop business domain cash flows where this is significant and
influence prioritisation of cash spends on projects based on overall Entity,
Group cash flow availability. - Provide high level advice and consultancy to
the business in its detailed annual planning and budget process, aligning this
to the rolling three year targets whilst ensuring that cost is optimised and
revenue earning opportunities enhanced. Ensure that the annual budget is
implemented across the Group businesses covering every area of responsibility
in line with corporate timelines and to highest quality. During the course of
each Financial Year, develop a mechanism to improve monthly forecast accuracy
so as to provide an outlook for the full Financial Year for large businesses
and consolidating to the Entity, Group level. Drive relevant Business
Performance Control mechanisms including the setup of internal and external
KPIs, which are agreed with the business based on an established framework.
Agree ‎3 year rolling targets with the Executive Leadership and benchmarking
against industry best practices and trends to influence decision-makers to
continually improve financial performance and productivity. Establish and
deliver performance monitoring reports, with an escalation process, covering
new proposals, approved projects during the implementation stage, follow up on
key business decisions and their financial results, so as to ensure a
proactive steer for continuous business improvement and optimisation of ROI.
This includes driving businesses to focus on intelligent automation such as
machine learning, AI driven and Enterprise Performance Management (EPM). -
Influence and drive sustainable profit improvement projects in agreement with
the businesses and project manage these initiatives to ensure cost reduction,
cost avoidance and income enhancements as appropriate resulting in driving
continuous changes to enhance business ROIs and to their processes, practices.
Promote green initiatives in the business and its tracking mechanism for
reporting. - Support businesses to adopt to the Corporate Governance system as
per the authorities manual and assist in the development of business specific
policies and procedures to ensure Governance. Develop financial awareness
within the business through continuous learning sessions imparted to the key
decision makers and senior managers, enriching job knowledge and business
expertise in the use of financial drivers, submission of business cases using
discounted cash flow techniques. - Be a proactive and engaged member of the
board of directors of local businesses to drive regulatory and statutory
governance. Protect shareholder resources and enhance value through decision
making in line with Group Governance Frameworks. - Collaborate with Financial
Services, Centre of Excellence teams within Finance ensuring business
understand the Finance processes so as to achieve effective and efficient
finance offering to businesses. Perform pre-monthly closing reviews,
activities for businesses and support new Finance systems related, regulatory
related changes affecting the businesses. - Perform complex decision analysis
for various strategic initiatives, to influence the key stakeholders by
challenging critical assumptions where appropriate through Finance COE team
(Mergers & Acquisitions), and sign up partnering with the business in post
decision implementation. This includes supporting our Group Companies and JVs
through the ongoing performance management activities, consolidation with EK
Group Financials/reporting, establishing adequate control risk mechanisms and
engaging for Board presentation. - Ensure that the performance and development
of all employees managed by the jobholder are managed in a timely and
effective manner which will develop their competence, style and influencing
capabilities. Support Finance Leadership in endeavours to collaborate across
Finance cross functional initiatives and projects for staff development and
engagement.
Qualifications & Experience: - Finance & Insurance/Finance Management : ‎10+
Years - Degree or Honours (‎12+‎3 or equivalent) : Degree plus relevant
professional qualification i.e. MBA or Qualified accountant Experience - ‎10+
years in a similar capacity-leading a function within a Finance department at
a management level in a large, multi-national organisation. - Experience of
successfully working in a matrix organisation Additional Requirements -
Extensive duty travel - May involve some unconventional working hours
Salary & Benefits: Join us in a management role and enjoy an attractive tax-
free salary. On top of our generous travel benefits, including discounted
flights and hotel stays around the world, this managerial role also has an
excellent leave and healthcare package. That's on top of transport benefits,
life insurance and more.