Finance Manager

  • Full-time

Company Description

Eltek Deutschland GmbH is a member of the globally active Delta Group and a leading manufacturer of power supplies for telecommunications networks, data centers and the Internet. As an international High-Tech company, we play a key role in building the future infrastructure for the fast and powerful telecom networks as well as for the rapidly growing data center sector.

Job Description

For our Frankfurt am Main location we are looking for a Finance Manager (f/m/d), who is fully responsible of the Finance Function and ensures the accurate and timely production of financial information in accordance with local GAAP and Group accounting policies. Leading change to processes and improvement in key areas of business financial accounting and controls across the business is one of the core tasks.

Main responsibilities and tasks

· Accurate and timely monthly financial reporting and in accordance with local GAAP and Delta Group financial policies to internal local management, to Group and external.

· Maintain accurate and fully monthly reconciled general ledger with proper detailed and accurate accruals and prepayments

· Full compliance with local VAT and all taxes and governmental reporting.

· Annual budget and year end statutory financial accounts

· Manage finance team of 5 and set well-defined and measurable KPI’s, to be continuously monitored

· Maintain strict controls on all aspects of working capital

· Ensure local processes of order to cash collection are accurate, efficient and within local rules and group policy

· Integral part of local management team and ensure that the company is operating under strict controls and within authority matrix

Project work and areas of change

1.  Improve all areas of working capital of business
including:

− Stock management

− Credit management

− Streamline of order process to invoicing

2. Implementing change to:

− Local authority matrix that dovetails into Group authority matrix

− All aspects of our OA (Office Automation) system are fully functional and changes are timely implemented

− Improve accuracy of financial information and quality
of reporting.

− Be an integral part of contract review process and
evaluate the finance and commercial terms and work with local team and customer to seek improvements, with reporting to Corporate on all key finance and
commercial terms.

Qualifications

· Experience within a Global PLC environment with strict reporting deadlines and operating under well-defined financial and accounting Group practices

· Experience with installation and project supply in the industry and ability to demonstrate areas of controls placed in such previous jobs

· Experience of all aspects of working capital management

· Experience of working in a team to review the financial and commercial impact of customer contracts with proven ability of improving on any onerous contract terms. Must be able to interpret and efficiently advise local management of the risks of contract and how to minimize such risks.

· Active participation in local management and providing support to other management members.


General Skills

· Strong and proven experience in SAP processes

· Advanced skills in excel

· Very good skills in word and PowerPoint

· Excellent level of German and English, verbal and written

· Good and proven managerial skills


Personal Skills

· Positive spirit and attitude with implementation skills

· High level of business ethics

· Structured and well organized

· Ability to reliably meet corporate reporting deadlines

· Excellent communicator both internally and externally

· Team player with team leader capabilities

 

Additional Information

· Performance-related remuneration and an attractive profit-sharing scheme

· Personal development opportunities in an internationally successful company

· A company car that can also be used privately

· Head of local finance and part of the management team

· Cooperative working atmosphere and our highly motivated international finance management team

· Modern communication and working tools

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