Group Finance Job Description
Group Finance Duties & Responsibilities
To write an effective group finance job description, begin by listing detailed duties, responsibilities and expectations. We have included group finance job description templates that you can modify and use.
Sample responsibilities for this position include:
Group Finance Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Group Finance
List any licenses or certifications required by the position: CPA, GLAO, PMP, CMA, ITIL, PMI, MBA, CIMA, ACCA, CIA
Education for Group Finance
Typically a job would require a certain level of education.
Employers hiring for the group finance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, Economics, MBA, Business/Administration, Accountancy, Management, Graduate, Engineering
Skills for Group Finance
Desired skills for group finance include:
Desired experience for group finance includes:
Group Finance Examples
Group Finance Job Description
- Liaising with market making franchise desks, developing pockets of expertise
- Daily p&l estimation and reconciliation
- Detailed review of documentation for non-liquid often one-off transactions
- Group Legal & Compliance function (incl
- General Management function (Incl
- Checks CBRC/PBOC/SAFE Returns for submission to the Authority in Shanghai and Financial Reports for submission to Head Office
- Prepares reports relating to USGAAP, IGAAP Closing Returns for submission to various departments in Head Office
- Monitoring and reporting of Regulatory Limits
- Liaising with Internal auditors, external auditors, SOX auditors, MAS reporting officers, Nostro SGD Relationship Managers
- Tax Compliance of the Branch with regards to Shanghai Goods and Service Tax, Corporate Taxation and Withholding Tax
- Accurate and timely set up of customers on appropriate monitoring systems
- Liaise with Clients, Auditors, Relationship / Account Managers on any collateral issues where appropriate
- Build & maintain productive relationships with other support areas / business partners to fulfill responsibilities of role
- Support client by providing a high level of customer service through direct interaction and administrative support providing solutions & problem resolution to assist them in meeting their objectives
- Coordinate the planning and implementation of appropriate business development programs to ensure that the appropriate clients and prospects are contacted, relationships are developed and maintained and existing customers are well serviced
- Bachelor's degree in Finance, Economics, or Accounting (or Bachelor's degree and Masters in related field) with 10+ years experience or equivalent training and experience
Group Finance Job Description
- Participate in broader target setting processes across different internal groups, contributing to defining target setting principles, timeline, deliverables and milestones that are aligned across all key stakeholders
- Partner with BI reporting team to make sure reports are accurate and delivered on time
- Serve as a consultant and subject matter expert to the team on significant matters relating to financial policies, programs, profitability and P&L implications
- Support broad cross-functional leadership team in financial analysis and financial strategy issues
- Oversee P&L Management and accounting - including interface with Shared Services and Headquarters finance teams
- Lead weekly forecast processes and routine for DSD bottling system forecasting
- Oversee management of significant Trade Budget
- Collaborate with NRS Finance Leadership team on financial routines, policy setting and projects
- Budgeting & Forecasting - Work with key stakeholders to create accurate forecasts
- Consolidate capital planning, forecasting and budgeting inputs from departments to produce enterprise-wide views
- Advanced knowledge of financial analysis methods
- Thorough ability to manage external relationships
- Thorough project management skills including ability to manage project team members
- Thorough team skills
- Timely review of field audits for accuracy, internal consistency, and collateral issues
- Completion of audit summary and acquiring appropriate approval sign off to include identifying any key collateral issues, detect adverse trends or problems and provide recommendations
Group Finance Job Description
- Provide guidance and advisory services to management and other functional areas (i.e., Business Units, Investments, Tax, ) with regard to interpreting accounting/regulatory policy
- Keep abreast of changes/developments in accounting requirements
- Provide comprehensive advisory services to the business units throughout the lifecycle (from inception to implementation) of significant transactions, including but not limited to acquisitions and divestures of businesses and various other unique strategies
- Preparation of Group level - monthly Balance Sheet Reconciliations and ensure that open items are resolved in a timely manner
- Strong Analytical skills - Monthly P/L and B/S Trend Analysis to identify accruals/ wrong coding/unusual postings/etc
- To work closely with Group controllers, Sub-ledgers , tax teams, any other stake holders located globally
- Preparation/Approval of journal entries in accordance with US GAAP and Company Financial Policy
- Guide team members to address queries, approve BSRs/Journals/tickets
- Maintain monthly trackers of requests (inquest tool), adhoc requests, journal entries, BSR
- Ability to plan and deliver work as per the set timelines
- Previous job experience as Group Finance Manager of an international manufacturing business would be considered an advantage
- Preparing accounts under Irish GAAP
- Coordinating and reporting on month end close to strict deadlines
- Managing financial operations on a day to day basis including treasury and debtor management
- Investigating and reporting on budget variances
- Responsibility for all tax compliance and administration, including corporation tax, VAT, payroll taxes and income tax
Group Finance Job Description
- Work with Group Risk Management to ensure proper alignment with credit processes and client expectations
- Preparation & approval of monthly/quarterly/annual schedules to support the Financial Statements
- Analysis and interpretation of Premium Drinks data for Business Performance Management purposes, including presentation suggestions
- Liaise and support market teams
- Support an effective financial planning and target setting process
- Support and contribute the insightful analyses distributed
- Provide support through providing ad hoc analysis necessary for Executive Board and other senior stakeholders (including Group Strategy, Business Development, Investor Relations and HR)
- Support Executive reward and bonus processes from finance perspective
- Ensure that procedures comply with internal and external banking standards
- Participation in negotiation of asset financing term-sheets proposals transaction legal documentation
- Implementation and documentation of financial processes and controls
- Maintaining a strong relationship with PRA, Bank of England and other external parties
- Ensuring that stakeholders are appropriately informed of regulatory results and issues, reporting requirements, developments etc
- Participation in relevant governance forums including, but not limited to Capital Governance Boards, CARMC etc
- Participation in the relevant entity capital and liquidity planning processes, understanding the impacts on/expectations of Group, liaison with Treasury etc
- Knowledge of SAP FI/CO of advantage
Group Finance Job Description
- Prepare quarterly financial reporting package
- Contribute to the evolution of the finance advisory function by enhancing client experience with Finance, identifying best practices, partnering with peers to standardize and streamline processes
- Lead and participate in projects across Group Finance
- Maintains and updates analysis to support the identification and reporting of transactional Fx impacts on the Group results
- Maintains P&L and Gross Profit reporting monthly and for all forecasts and budgets, including tables and bridges.Ensures that results are reported accurately at constant currency
- Works closely with all entities within the CSL Group in order to support the Sr Director of Environmental, Health, Safety and Sustainability (EHSS) with the reporting and monitoring of the global EHSS functional costs for the monthly actuals, periodic forecasts and annual budget supporting them with the preparation and presentation of their annual functional budgets
- Contribute to division team-building initiatives
- Reviews Group level financial statements, forecasts, and budgets
- Prepares, analyzes, and publishes monthly financial rolling P&L forecast with detail that will be used by the Group EVP, the company’s CFO and COO, to inform revenue and earnings guidance
- Manages and is accountable for monthly revenue close process, including EAC review and approvals
- Liaise with Clients, Inventory Auditors, Relationship / Account Managers on any collateral issues where appropriate
- Requires extensive knowledge of financial analysis techniques and generally accepted accounting principles and procedures, strong experience in the use of financial/accounting related reporting systems
- Must be capable of inspiring confidence and respect in staff and motivate colleagues to achieve Finance Division and company goals
- Must be able to manage and influence a large number of indirect reports without having authority
- Bilingual French speaking preferred
- Minimum 8 years related work experience, including demonstrated success leading large and complex projects