Finance Manager Turkey

  • Full-time

Company Description

Eurofins Scientific is an international life sciences company which provides a unique range of analytical testing services to clients across multiple industries. The Group believes it is the world leader in food, environment and pharmaceutical products testing and in agroscience CRO services. It is also one of the global independent market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and for supporting clinical studies. In addition, Eurofins is one of the key emerging players in specialty clinical diagnostic testing in Europe and the USA.

Group's key figures are approx. 3 billion Euros turnover, more than 800 laboratories across 45 countries and more than 50.000 staff.

Job Description

The Finance Manager will be leading the finance organization in Turkey, which includes the following functions: Accounting & Reporting, Finance IT, Tax, Treasury and Insurance & Risk Management. More specifically, the Finance Manager is responsible for:

 

  • Day-to-day leadership and performance management of the accounting team, processes and activities (reliable, effective, efficient), including the development of strong teams;
  • Driving the implementation of standard processes and systems, in close collaboration and alignment with the Business and Group Finance function;
  • Partnering with divisional business leaders and supporting decision making processes, while ensuring financial discipline across the different business lines (cash flow generation, cost management, ad hoc support).

 

POSITION & OBJECTIVES:

Day-to-day leadership and performance management of the finance teams, processes and activities (reliable, effective, efficient), including the development of strong teams:

o    Organization and Management

  • Organize and manage the different finance functions (Accounting & Controlling; Treasury, Tax & Legal; Credit & Collections; Purchasing; Payroll and Finance IT)
  • Define and manage overall performance by target setting & monitoring, including the definition of corrective actions when & where needed.
  • Inspire, motivate, develop and strengthen teams.

 

o    Accounting & reporting

  • Manage accounting & month-end closing processes, ensuring reliable & timely closing and reporting of all Eurofins Turkey entities to local and Group management;
  • Manage the relationship with Auditing and Accounting firms during interim and annual reviews;
  • Ensure proper controls are put in place, supervise the application of the group manual of procedures;
  • Support and bring contribution to the Business Unit Managers in their business management role and when they set up their annual budgets. 

 

o    Credit & Collections

  • Coordinate the credit collections activities, which are performed by collection agents located in the different Business Units;
  • Manage credit collection, litigations and bad debt recovery.

 

o    Treasury, Tax, Legal & Risk Management

  • Active management of Net Cash, Cash Flow and Net Working Capital.  Propose, validate and implement corrective actions to keep these metrics in line with the levels of activity and agreed targets;
  • Manage the relationship with local banks and Group Treasury for financing activities, and ensure optimized banking processes are in place.
  • Monitor and improve the national insurance policies, identify areas of over- and underinsurance;
  • Provide legal advice to business managers on contractual matters & litigations (commercial, social & labor laws).
  • Ensure compliance to tax laws and regulations; including supporting tax planning, returns & reporting, contract management and archiving (Corporate Data Room) while acting as a  point of contact to local / tax authorities.

 

o    Finance IT & processes

  • Define and manage together with Finance IT and the local team and in close cooperation with the Group Finance IT Service Center all relevant IT projects in the area of Finance and Purchasing (e.g. migration to new software versions, integration of new companies, etc).
  • Define, implement and ensure application of optimized and harmonized processes in line with the Group standard in the area of Finance and Purchasing.
  • Driving the implementation of standard processes and systems (Finance Blueprint), in close collaboration and alignment with the Business and Group Finance function:
  • Active contribution and validation of the design of standard Group-wide Finance & Purchasing processes, as proposed by Group Finance;
  • Drive the implementation of these standard processes, KPI’s and controls across the different businesses and functions.
  • Partnering with divisional business leaders and supporting decision making processes, while ensuring financial discipline across the different business lines (cash flow generation, cost management, ad hoc support).
  • Manage the budget cycle in close cooperation with the division controllers (process, templates, timelines, guidelines) and support business leaders with the development of their budget;
  • Monthly review of results & performance management against agreed targets and budget projections.  Deliver reforecast of the year-end figures in case of significant deviations and/or if required by Group Management;
  • Manage financial discipline, including cost controlling.  Propose, validate and implement corrective actions to keep operating and overhead costs in line with the levels of activity and agreed targets;

 

Qualifications

Personal skills

  • Results oriented;
  • High level of energy, drive and passion to succeed;
  • Change agent, „can do“ mindset constantly challenging „status quo“;
  • Very structured with strong organisational skills;
  • Very accurate and highly reliable;
  • Pragmatic, proactive, flexible and adaptable;
  • Ability to work in an autonomous manner;
  • Good communication skills;
  • People Manager and motivator.

Education

  • Minimum Bachelor Degree in Finance/Accounting/Engineering or equivalent.

Language skills

·         English (fluent written and spoken);

Previous experience

·         5-8 years of experience, of which at least 2-3 years in a similar position

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