Here’s some information about the Director of Finance role at Thule, formatted as requested:
The Director of Finance at Thule Group is a critical leadership position responsible for overseeing the financial health and strategy of a specific division or the entire company. The role typically demands a blend of technical accounting expertise, strategic thinking, and strong leadership skills.
Key Responsibilities:
- Financial Reporting & Analysis: This includes preparing accurate and timely financial statements (e.g., income statements, balance sheets, cash flow statements) in accordance with IFRS and local accounting standards. A significant part of the role involves in-depth financial analysis to identify trends, opportunities, and potential risks. The Director of Finance then presents these findings and recommendations to senior management.
- Budgeting & Forecasting: This involves developing and managing the annual budget process, collaborating with various departments to create realistic and achievable financial targets. Regularly updating forecasts based on market conditions and business performance is crucial for proactive decision-making. They would need to monitor variances between actual results and budgeted/forecasted figures, and explain any substantial discrepancies.
- Strategic Planning: The Director of Finance plays a key role in developing and executing the company’s overall strategic plan. They analyze market trends, competitor activities, and internal data to identify growth opportunities and potential risks. They contribute financial insights to the strategic planning process, including evaluating potential mergers, acquisitions, and divestitures.
- Financial Controls & Compliance: Ensuring a robust system of internal controls is in place to protect company assets and prevent fraud. This includes adhering to all relevant accounting standards, tax regulations, and legal requirements. They will manage internal and external audits.
- Team Leadership & Development: Managing and mentoring a team of finance professionals, providing guidance, support, and opportunities for professional growth. This includes fostering a positive and collaborative work environment. They will be responsible for performance management, training, and development of their team.
- Business Partnering: Serving as a key business partner to other departments (e.g., sales, marketing, operations), providing financial insights and support to help them achieve their objectives. They work closely with other functional leaders to understand their needs and provide financial guidance.
- Cash Management: Overseeing the company’s cash flow, ensuring sufficient liquidity to meet its financial obligations. This involves managing bank relationships and optimizing working capital.
Qualifications and Skills:
- Bachelor’s degree in Finance, Accounting, or a related field is typically required; a Master’s degree (e.g., MBA) and/or professional certification (e.g., CPA, CMA) is highly preferred.
- Extensive experience (typically 10+ years) in finance and accounting, with a proven track record of success in a leadership role.
- Strong knowledge of accounting principles (IFRS), financial analysis techniques, and budgeting/forecasting methods.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication, interpersonal, and presentation skills.
- Proficiency in financial modeling and ERP systems (e.g., SAP, Oracle).
- Experience with multinational companies and global business operations is often beneficial.
The Director of Finance position at Thule Group requires a highly skilled and experienced finance professional who can effectively manage the financial aspects of the business and contribute to its overall success. Their decisions directly impact the company’s profitability, growth, and long-term sustainability.
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