Topic: London, United Kingdom

Subject: Senior Financial Controller / Head of Finance for Energy Storage company
Emmanuel Walter
Member: 2012
Submitted on 01-12-17 5:12 am



Senior Financial Controller / Head of Finance

Company and Background: SEC Group is a successful British, privately owned, renewable

energy generation and energy storage company with operations in the UK, Indonesia, Hong

Kong and Bahrain. SEC Group wishes to strengthen its financial control and management

function as it prepares to celebrate its 40th Anniversary and enters an exciting phase of new

product and solutions-based business within the rapidly expanding global renewable energy

market place.

Position: Senior Financial Controller / Head of Finance

Reporting to: CEO and Executive Chairman.

Location: Jakarta, Indonesia or Iver, Bucks.,UK

Commencement: end Q1 / beg. Q2 preferred

Compensation: Competitive and based on experience with a strong bias towards being results


Key Requirements:

Experience: >5 years Group or Regional Head of Finance function experience working with New UK

GAAP accounting standards. Additional experience with Hong Kong Accounting Standards (HKAS) and

US GAAP is desired but not essential.

Knowledge of and experience with Netsuite business management suite and specifically with regards

financial and customised reporting.

A hands-on, credible team-player with demonstrable experience working with colleagues

from a broad range of cultural backgrounds for whom English is not necessarily a first

language. Somebody who is prepared to do-what-it-takes to get the job done recognising

this won’t be through delegating to a team member but likely doing it yourself initially.

Principal Responsibilities:

1. Prepare Monthly Management Accounts for all operating entities using existing Netsuite

business management suite (HK, Bahrain, UK, and Indonesia) and consolidate into a Monthly Group

Consolidated set of accounts. Ensure alignment and accuracy of reporting, tracking and tracing

through adoption globally of a single Chart of Accounts.

2. Operating Budget Management – Together with CEO and Senior Managers create and then

take responsibility for managing the financial operating budget on a day to day basis as well as

creating accurate forward projections such that business decisions can be made to mitigate any

impacts. Ensure that operating procedures are adhered to and accurately recorded within Netsuite.

3. Pricing and Cost Management – Create a pricing policy and set of rules which are monitored

and reviewed weekly based on input suppliers pricing to us (including Lead and other commodity

price together with currency exposure) and issued Netsuite price lists and taking in to consideration

actual achieved sales prices (together with any currency exposure) and recovery of company fixed


4. Currency and Exchange – Create an exchange rate exposure and management process taking

in to account and seeking to maximise natural hedging and where necessary recommend forward

hedging to mitigate contract or other currency risk.

5. Cash Management and Forecasting – Actively manage cash flow within the business and

provide a forward cash flow forecast taking responsibility for achieving that forecast including timely

collection of receivables. Manage the payments process to ensure sufficient liquidity within the

business at all times.

6. Banking Facilities and Services Management – Review existing banking relationships and

terms of business and make recommendations for change or improvement taking into account the

current and projected needs of the business. Seek to enhance the support received from our banking

partners through favourable factoring, invoice discounting, securing overdraft, debt and working

capital facilities.

7. Leverage UK, Hong Kong or other company domicile to secure export credit guarantees or

other financial / payment guarantees that will enable the company to offer more favourable terms to

customers through which to gain commercial benefit for the company.

8. Financial modelling of projects whether internal for investment or new product introduction

or external as a means to support our sales process.

9. Proactively oversee the International financial husbandry of funds, tax evaluations and intercompany

charging and similar arrangements and make recommendations to the CEO and Board with

regards improving or optimising to enhance business operating efficiency.

10. Create a recommendation to the CEO and Board for a Commissions, Bonus and Companywide

Profit Related Incentive Pay Scheme.

Reporting: Formal weekly updates together with month end reports covering completed month

versus forecast as well as forward three month forecast.

Applications: In strict confidence to: Mr Jerry Stokes, Executive Chairman, SEC Group.


Closing Date for Applications: Monday 30th January 2017

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