Group Finance Manager

Job Reference
GFM-XP-B-59894
Salary Description
£50,000 - £60,000 per annum
Contract Type
Permanent
Location
Reading ,
Reading
Advert

GROUP FINANCE MANAGER – CONTROLS & REPORTING

                                                                                                                                         

Reporting to:                 Group Financial Controller

Location:                         Flexible mix of WFH and office in Pangbourne, UK

Employment Type:       Permanent, Full-Time (would consider P/T depending on experience)

 

>  ABOUT US

XP Power is a global leader in providing essential power solutions to the Healthcare, Technology, and Industrial markets. We are a fast-growing business, based in numerous locations across North America, Asia, and Europe, and are listed as a FTSE 250 company on the London Stock Exchange. We are extremely proud and committed to our culture that values Customer Focus, Flexibility, Knowledge, Speed, and Integrity. We are looking for self-motivated professionals who thrive in dynamic environments. Joining our team means you will work in a high performing global company where employees collaborate and strive to make XP Power the first-choice power solutions provider delivering the ultimate experience for our customers and our people.

 

>  THE OPPORTUNITY

The XP Power Group Finance team are looking for a dynamic and adaptable Finance Manager to become a critical part of the Finance team.

 

Working closely with the Group Financial Controller and with our teams in Europe, Asia and North America regions you will need excellent interpersonal skills alongside technical capability and understanding of a listed PLC environment. The role also works alongside governance functions to ensure the appropriate controls and activities for a listed PLC are embedded.

 

This broad role can grow with the individual and will take responsibility for a number of critical PLC requirements, as well as supporting strategic activities of the group. Focus areas will include, but not be limited to:

 

  • Cash, debt and currency management and transactions
  • Commercial understanding, critical analysis, and forecasting of cash flows
  • Design, oversight and reporting of the framework of internal controls
  • Annual and interim reporting, accounting policy and governance
  • Support to critical group-wide projects

 

>  KEY RESPONSIBILITIES

  • Group Treasury & Cash Management
    • Work with Group Financial Controller to define and own Treasury strategy, policies
    • Perform and oversee operational treasury activities, including cash flow forecasting, funding requirements and fx hedging
    • Preparation of treasury management information for presentation to the Executive Leadership Team and Board
  • Forecasting and analysis – Cash
    • Consolidation and review of cash flow forecast
    • Review and analysis of actual vs forecast performance, identification of intervention and improvement actions
    • Work with regional controllers to improve cash forecasting process and ensure linkage to P&L forecast and analysis
  • Framework of Internal Controls
    • Review, embed and monitor the group’s internal control framework, making improvements and recommendations where appropriate, along with oversight of control improvement plans
    • Work with Internal Audit and external auditors to ensure the framework of controls meets the needs of the business and supports and efficient audit process
    • Ensure key risks and mitigations are identified and owned and documentation maintained
    • Work with Business Systems, Operations and Supply chain teams to ensure controls are embedded
    • Co-ordinate the control self-assessment (CSA) process
    • Ensure high quality reporting on the control environment, including reporting to the Audit Committee
  • Annual and interim reporting
    • Support the preparation and review of the Group’s Annual and Interim reports and quarterly trading updates
    • Work with Group and Regional finance teams to ensure completion of external audit
    • Review of new standards and requirements to ensure reporting compliance
    • Preparation of Audit Committee papers and key actions

 

>  Key Qualifications and Skills

  • Qualified accountant, preferably with big 4 experience
  • Understanding of listed PLC and Group Finance activities
  • Internal controls, ideally in a multinational environment
  • Understanding of (or aptitude to learn) system-based controls in SAP
  • Influencing and negotiation skills with the ability to work with diverse teams to embed best practice
  • Ability to present detailed information clearly, confidently, and concisely
  • Project management and relationship management skills, with the ability to deal with ambiguity and change

 

>  WHY WORK FOR US?

XP Power provides a safe and healthy working environment that is stimulating and collaborative, where employees are empowered to make a real difference. We place our people at the heart of everything we do. We understand that if we provide our people with the ultimate experience, they will provide the ultimate experience to our customers.

We also offer a comprehensive benefits package including:

  • Private Healthcare
  • Pension contributions up to 8%
  • 25 days annual leave (increasing by 1 day for every 5 years’ service to a maximum of 30 days)
  • Cycle to work scheme
  • Employee Assistance Programme
  • Life Assurance of 4 x annual salary
  • Volunteering day allowance of one day per year to participate in an environmental or community relations project

 

>  OUR PEOPLE – OUR POWER

XP Power is an equal opportunities employer. We are committed to creating an environment where people are valued, supported and nurtured to deliver their best. Operating globally, we celebrate the cultural differences that exist in the countries in which we do business. Being a truly diverse and inclusive community helps us grow our business through innovation; attracting and retaining talent to engage the people who buy our power solutions. We know that by cultivating the ultimate experience for all our people, they will deliver the same to our customers.