Regional CFO, APACME - Industrial Services

Our client is an industrial services group, providing services such as maintenance and other types of engineering services. They are present in APAC and are expanding to the Middle East and the US. The company has been driven by operational and sales success. It has been conservatively and profitably run. It is on a growth trajectory globally and across different industries.

We are looking to hire a Regional CFO for APAC and the Middle East (USD200M - team size: 50-60)

RESPONSIBILITIES:

• The ideal candidate ensures timely, accurate, and consistent financial reporting, partners with business leaders on project costing and margin improvement, works with management to improve working capital management, is mindful of tax risks and compliance issues, puts in place systems and people to upgrade the finance function, enhances financial efficiency such as regional cash & debt management, etc. The CFO should be experienced in a high sales growth environment and business process development.
• The CFO manages consolidation of the financial reporting, budgeting and business forecast for the global businesses. The company has been decentralized and it has been challenging to get timely information from the various local finance teams. The CFO therefore needs to evaluate the organization structure, reporting lines and professional competencies of the finance and accounting teams in the four offices and develop a more effective function with a more centralised finance operations.
• One of the priorities is for the CFO to focus on cost management. There is a belief more business could be done with a better understanding of costing and profitability of the projects and in the submission of bids for new work. There is also a need to work on improving capital expenditure investment decisions and fixed asset management to create value. Lastly, cash management and working capital management is needed to facilitate business growth and dividend payments. There is a need to develop relationships with external stakeholders such as banks to provide better facilities. The CFO will also be responsible for optimizing tax planning and implementation.
• The CFO will ensure that the ERP is working smoothly and further enhanced to serve the business.
• S/He will perform due diligence on various subsidiaries across multiple geographic locations and will be able to put internal controls and risk management procedures in place to prevent frauds and steer clear of crises.

REQUIREMENTS:

• Qualified Accountant or MBA Finance.
• As the company is expanding cross several industries and geographies, there is a need for the CFO to have knowledge of local markets in APAC and an ability to work with colleagues of different nationalities and a diverse cultural background.
• The CFO is the subject matter expert and leader who helps the Board and Management to make well informed decisions.
• Experience in dealing with 1,000+ employee organizations is a must.
• Knowledge of industrial service-oriented business an advantage.
• Fluent in spoken and written English.