Finance Country Director
Our 29-year journey rides on the passion of over 27,000 seafarers and 1,000 onshore professionals. Today, we are one of the largest independent third-party ship management companies managing over 650+ diverse types of vessels.
Headquartered in Hong Kong SAR, China, we operate on a global scale having 27 offices in 12 countries. Our client base spans over 100 world-class ship owners, including Fortune 500 companies from China, Greece, India, Japan, Korea, Netherlands, Norway, Turkey and the USA, among others.
In a shore career at FLEET, you will be working with a team of a highly passionate, self-driven and committed group of people. We aim to be a place where you can achieve your full potential, regardless of your background. We are looking for individuals who are ambitious about making a strong contribution to FLEET’s short and long-term sustainable growth – whether you are dealing directly with clients or working in a role supporting the business, such as technology, legal or communications.
Job Position Summary
The role exists to supervise the bottom line at a country level and to develop systems that supply data for informed business decisions by the stakeholders.
This is to be achieved by implementing financial controls, internal controls, managing the country's Finance & Accounts teams and budgets, and providing accurate high level financial analysis, adhering to business strategy, as well as professional and legal regulations.
Key Roles and Responsibilities
Develop budget for country operations & compliance with the local requirements
• Responsible for the development of the country's overall operating budget for the current and next financial year.
• Assist the Country Head in the allocation and approval of the budget for relevant businesses and projects.
• Financial reporting compliance for the legal and tax requirements in the country.
• Drive the timely and accurate compilation of accounts and preparation of MIS reports, financial forecasts, and other required reports at a country level through collaboration with the heads of other departments.
• Work with the in-house teams and external service providers to ensure income tax, corporate secretarial, VAT and other applicable commercial and business laws as applicable to the company.
Analyze high level financial data
• Accountable for assisting the Group Financial Controller in developing the financial strategy of the organization.
• Provide expert insight on analyzed financial data at a country level, and present findings to Group Financial Controller and Country Head to guide business decisions and strategy formulation.
Establish financial & internal controls
• Responsible for ensuring all financial transactions in the country adhere to the developed processes and policies, as well as legal requirements.
• Drive the adoption of business processes and accounting policies to manage, document, evaluate and report financial transactions implemented by Group Financial Controller within the country.
Manage risks and develop contingencies
• Accountable for the implementation of financial risk management within the country.
• Drive the implementation of structured contingency plans to minimize impact of unforeseen financial risks through collaboration with Country Head and relevant internal stakeholders.
• Collaborate with Group Financial Controller and Country Head to review financial risk management systems and contingency plan to ensure alignment to local legislations and regulations.
Drive continuous improvement within the department
• Responsible for implementing and driving continuous improvement initiatives through managers and employees within the department.
• Collaborate with Group Financial Controller and employees within the department to identify improvements that can be made to policies, processes, or technological infrastructure.
• Drive the operationalization and implementation of improvement initiatives within the department through managers and employees.
• Monitor adherence to timeline and budget for continuous improvement projects and technological implementations within the department and report the progress to Group Financial Controller.
• Monitor and report improvement within the department to Group Financial Controller.
Oversee day-to-day operations
• Responsible for the oversight and management of Accounting, FP&A, Tax, AML/KYC processes within the country.
• Manage the corporate accounting, consolidation, vessel reporting, accounts receivables and accounts payable functions with the in-house and external service providers.
• Responsible for addressing major issues of anomalies or non-compliance in financial transactions.
• Monitor and review daily operations within the Finance department to ensure compliant and efficient processes, providing guidance for improvement, if necessary.
• Act as the final point of resolution for cases of non-compliance in financial transactions within the country, working with departments and authorities to understand the causes of non-compliance and anomalies, and ensure timely and appropriate resolution of issues. Collaborate with relevant senior stakeholders, departments, and authorities.
• Act as the face of the department in front of the clients, external auditors, tax consultants, banks and other professional service providers.
Develop human capital
• Develop capabilities of direct reports through formal or informal mentorship and implementation of development plans.
• Drive the identification and addressing of gaps in competencies through performance review of direct reports and collaboration with HR.
• Review and comment on workforce plan developed by HR to ensure adequate manpower for critical positions.
Relationship and Nature of Communication
• Primarily maintains relationships with the Group Financial Controller, Country Head, and direct reports as well as key external stakeholders such as clients, service providers, regulatory bodies and authorities.
• Collaborates with Group Financial Controller, Country Head, and direct reports, to ensure adherence to budget and financial policies and with key external stakeholders to resolve major issues of non-compliance.
• Resolves day-to-day conflicts between direct reports to align efforts in achieving objectives and conflicts between FML and key external stakeholders to ensure company interests are protected.
Job Requirements
• CPA, Chartered Accountant or equivalent from a certified accountancy body such as ACCA/ICAEW.
• At least 5 years of experience with audit and tax background. Big 4 candidates are preferred.
• Proven success in a Financial Manager or equivalent position of a global organization.
• In-depth knowledge and experience in the discipline of Accounting and Finance.
• In-depth understanding of business model of the ship management industry is preferred.
• Ability to work on Oracle Financials or any other ERP platforms.
• Excellent computer skills with high proficiency in Microsoft Office.
• Proven success in people management.
Competencies
• Analysis & problem solving
• Collaboration, inclusion & teamwork
• Listening and communicating
• Customer focus
• Planning & organising
• Initiative
• Accountability
• Resilience and wellbeing
Benefits
• Competitive salary package
• Bonus Scheme
• 13th Salary
• Medical – Family Coverage (100% employer contribution)
• Pension Fund/Premium
• Social team building events
Work Location
Nicosia, Cyprus
Fleet Management Limited is committed to diversity, equity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based no race, color, sex religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by local laws.
We look forward to hearing from you!