Head of Finance

ICL Group; Boulby; On-site; GBP 70,000 - 100,000; Full time

Job summary

ICL Group is seeking a Head of Finance to oversee the financial management of ICL Boulby. The ideal candidate will have a proven track record in financial management, compliance, and team leadership, along with a strong educational background in Finance or Business Administration.

Qualifications

• Minimum 5 years of relevant working experience.
• Strong understanding of regulatory and compliance issues.
• Experience in business controlling required.

Responsibilities

• Oversee financial management including business performance and financial closing.
• Drive budgeting and forecasting efforts for ICL Boulby.
• Manage and analyze operations to improve efficiency.

Skills

Problem-solving

Interpersonal skills

Innovative thinking

Analytical skills

Education

BA/MA degree (Economics, Finance, Business Administration)

Certified Public Accountant

Tools

SAP (SD, MM, FI-CO modules)

Job description

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The role of Head of Finance is to efficiently and accurately oversee the financial management of ICL Boulby. The Head of Finance will be a talented, professional, and experienced individual, capable of managing a diverse list of tasks as well as leading the finance team. This role involves, Financial closing & business performance, Strategic business planning, Capex control and Economics.

The ideal candidate will have a proven record ensuring that the financial affairs of companies are properly conducted and that audited accounts and tax returns are prepared to time and in accordance with statutory and regulatory requirements in cooperation with Europe operational and professional finance hub.

The Main Responsibilities:

• Monitor and analyze, overall responsibility the monthly and quarterly closing and reporting requirements.
• Responsible for statutory reports and the interfaces with local auditors.
• Comply with the provision of the appropriate regulations and ICL accounting policy.
• Review stock movements and perform impairment testing on inventory
• Drive and manage the preparation of the budget and forecasting for ICL Boulby. Analyze and control actuals, budget, and forecasts performance.
• Running annual impairment test.
• Participate in the development of a strategic business plan and annual long-range plan for ICL Boulby to meet ICL’s corporate objectives including the derived CAPEX plan and cashflow generation plan.
• Lead the economic validation on business cases for CAPEX.
• Assist in planning, optimization and coordination CAPEX including feasibility studies, NPV, payback and IRR calculations for investment proposals.
• Analyze the plant's operations to evaluate performance and determine areas of potential efficiencies, program improvement or policy change
• Prepare management reporting including fixed costs, distribution costs, product costing, production efficiency calculation, margin analysis and KPIs for ICL Boulby plant and Teesdock operations.
• Assists in the preparation of benchmark studies.
• Provide ad hoc advice to business partners actively driving business performance analysis

The General Duties:

• Cascade and control the finance KPI's.
• Stakeholder management and relationships with the trustee of the Defined Benefit pension plans.
• Finance lead in the UK will be also potentially appointed as Director in ICL subsidiaries.
• Control and calculate the transfer prices of finished products sold and raw materials.
• Manage the Company’s electric, gas and carbon positions.
• Ensure that effective information systems process, and budgets are drawn up for the operation and that timely and accurate reports and analysis (including Cost Per Ton) on company performance are produced for the leadership team and management.
• Analyze the operations to evaluate performance and determine areas of potential cost reduction, program improvement or policy change.
• Provide ad hoc advice to business partners based on performance analysis.
• Develop and train the Units finance team.
• Strong relationships and cooperation with the Regional HQ in The Netherlands.
• Lead the insurance process in the UK (renewals of coverage together with the ICL insurance team), including different aspects like claims, settlements etc.
• Oversee as main stakeholder the Royalties payment calculation to the UK Crown and the following annual audit made by the UK authorities.
• Part of the management team that engages with the labor union on site (including wage increases negotiations).

Education and Experience:

• BA/MA degree (e.g. Economics, Finance, Business Administration).
• Certified Public Accountant.
• Minimum of 5 years of relevant working experience, minimum 5 years of business controlling
• Experience with SAP (SD, MM, FI-CO modules)
• Understanding of the regulatory and compliance issues appertaining to the Company’s financial activities and reporting.

The Required Skills:

• Strong problem-solving skills.
• Strong interpersonal skills.
• Innovative thinking.
• Strong analytical skills.
• Appreciation of Pension Fund legislation.