Rich Products Corporation - Andover, MA
posted 5 months ago
As the Finance Director for our UK business, you will play a pivotal role in providing financial leadership and decision support to ensure the company's long-term profitable growth. This position requires overseeing all accounting activities to ensure financial and regulatory compliance of the UK parent company and the consolidated group of companies. You will be responsible for providing oversight and quality control over the monthly management close work completed by the Enterprise Service Organization (ESO), ensuring that all key Service Level Agreements (SLAs) are delivered and that the accounts accurately represent company performance. In this role, you will work closely with the Finance Centers of Excellence (CoE) to implement best practices across Controllership, Internal Audit, Tax, and Treasury, while maintaining a robust control environment. You will lead and manage the local finance team, ensuring statutory reporting compliance, effective supply chain finance management, and robust financial analysis and planning. This includes oversight of essential business work being carried out by an Enterprise Service Organization with associates based in India. You will oversee cash flow management, ensuring that the company's operating and business activities are well-funded and that investments are made wisely. Additionally, you will drive strategic planning initiatives, aligning financial strategies with company goals and market opportunities. Your role will also involve ensuring effective Supply Chain Finance support with timely, accurate costing and productivity savings, as well as providing relevant and timely decision support analysis to Sales and Marketing, Procurement, and R&D Teams to help win back business and create demand. Fostering a culture of continuous improvement within the finance organization is essential, as is upgrading systems and processes as needed. You will coordinate internal and external audits, ensuring that all financial practices meet regulatory and company standards. Engaging in team management, you will develop a strong finance team capable of meeting the challenges of a dynamic business environment. Furthermore, you will provide financial guidance and insights to the UK Business Unit Leader, local Steering Team, and other Enterprise business partners, supporting strategic planning teams to ensure the financial integrity of long-range plans and forecasts. Your responsibilities will also include managing financial metric reporting, analysis, and contingency planning, as well as supporting the implementation of the SAP HANA ERP and financial reporting system, which is an Enterprise-led initiative to meet global business development and standardization requirements. Continuous monitoring and enhancement of policy and procedures to ensure a strong internal control environment will be part of your duties, along with coordinating with the treasury department to analyze the risk of various cash investment products and execute dividend repatriation. Periodically reviewing and adjusting the finance organization and associates' duties allocation will also be necessary.