Business Controller

Electrolux

Job Description

Business Unit - Finance

Reports To GM, Morocco & West Africa

Your Role

To be the effective business partner to the country management team in delivering profitable growth and to ensure financial transactions, policies, and procedures meet Group business objectives and are in accordance with local statutory requirements, and Group finance policies, principles, and standards.

A Typical Day

• To act as a business partner to the country General Manager and to the country management team in driving the business to achieve the organizational objectives
• Manage the monthly forecasting / annual planning processes. Develop and implement Country financial strategy that aligns with the organization's vision and its current and long-term business objectives. Support the GM in target setting, defining actions/initiatives needed and secure successful execution of agreed plans.
• Monitor and drive financial performance against targets / commitments and implement action plan to improve financial performance where necessary detailing risks and opportunity to the achievement the financial targets and drive improvement also based on external benchmark. Proactively capitalize opportunities and mitigate risks.
• Focus on ongoing efficiency improvements of the P&L and balance sheet and lead the integration of the finance team into a more commercial orientated role with business partner focus on business cases, trade allowance focus, pricing, mix etc.
• Manage the timely and accurate monthly closing of financial accounts, preparation of financial reports, and provide actionable insight and recommendations.
• Ensure that business cases and investments such as new product launches, capital expenditure, sale of assets meet group requirements and are financially viable.
• Lead, direct, evaluate, and develop a team to ensure that the organization's strategies and systems are implemented effectively, consistently and according to established guidelines.
• Lead Country launches of company initiatives or projects from time to time
• Oversee period close and ensure financial reporting aligns with IFRS and Group Reporting requirements, meeting all reporting deadlines.
• Manage internal and external audits and collaborate with Shared Service organizations and stakeholders on financial control issues, ensuring ECS compliance.
• Evaluate financial transactions for adherence to IFRS and manage Electrolux Treasury activities, including local bank relations on behalf of Group Treasury.
• Promote compliance with group policies and local regulations, ensuring the company adheres to all legal requirements. Additionally, you will oversee tax-related matters, ensuring compliance and timely reporting of the company s tax obligations.
• Manage the company s capital and legal structure
• Ensure timely and accurate tax filing and compliance
• Support governance bodies and handling company secretariat duties

Who You Are

• Bachelor s degree in business or other relevant disciplines
• Over 10-year experience as a Business Controller or similar capabilities with full responsibility for financial performance & internal control
• Strong organizational skills and attention to details
• Knowledge of procedural controls and data validation techniques required
• Financial Modelling expertise is critical