Topic: London, United Kingdom
Senior Financial Controller / Head of Finance
Company and Background: SEC Group is a successful British, privately owned, renewable
energy generation and energy storage company with operations in the UK, Indonesia, Hong
Kong and Bahrain. SEC Group wishes to strengthen its financial control and management
function as it prepares to celebrate its 40th Anniversary and enters an exciting phase of new
product and solutions-based business within the rapidly expanding global renewable energy
Position: Senior Financial Controller / Head of Finance
Reporting to: CEO and Executive Chairman.
Location: Jakarta, Indonesia or Iver, Bucks.,UK
Commencement: end Q1 / beg. Q2 preferred
Compensation: Competitive and based on experience with a strong bias towards being results
Experience: >5 years Group or Regional Head of Finance function experience working with New UK
GAAP accounting standards. Additional experience with Hong Kong Accounting Standards (HKAS) and
US GAAP is desired but not essential.
Knowledge of and experience with Netsuite business management suite and specifically with regards
financial and customised reporting.
A hands-on, credible team-player with demonstrable experience working with colleagues
from a broad range of cultural backgrounds for whom English is not necessarily a first
language. Somebody who is prepared to do-what-it-takes to get the job done recognising
this won’t be through delegating to a team member but likely doing it yourself initially.
1. Prepare Monthly Management Accounts for all operating entities using existing Netsuite
business management suite (HK, Bahrain, UK, and Indonesia) and consolidate into a Monthly Group
Consolidated set of accounts. Ensure alignment and accuracy of reporting, tracking and tracing
through adoption globally of a single Chart of Accounts.
2. Operating Budget Management – Together with CEO and Senior Managers create and then
take responsibility for managing the financial operating budget on a day to day basis as well as
creating accurate forward projections such that business decisions can be made to mitigate any
impacts. Ensure that operating procedures are adhered to and accurately recorded within Netsuite.
3. Pricing and Cost Management – Create a pricing policy and set of rules which are monitored
and reviewed weekly based on input suppliers pricing to us (including Lead and other commodity
price together with currency exposure) and issued Netsuite price lists and taking in to consideration
actual achieved sales prices (together with any currency exposure) and recovery of company fixed
4. Currency and Exchange – Create an exchange rate exposure and management process taking
in to account and seeking to maximise natural hedging and where necessary recommend forward
hedging to mitigate contract or other currency risk.
5. Cash Management and Forecasting – Actively manage cash flow within the business and
provide a forward cash flow forecast taking responsibility for achieving that forecast including timely
collection of receivables. Manage the payments process to ensure sufficient liquidity within the
business at all times.
6. Banking Facilities and Services Management – Review existing banking relationships and
terms of business and make recommendations for change or improvement taking into account the
current and projected needs of the business. Seek to enhance the support received from our banking
partners through favourable factoring, invoice discounting, securing overdraft, debt and working
7. Leverage UK, Hong Kong or other company domicile to secure export credit guarantees or
other financial / payment guarantees that will enable the company to offer more favourable terms to
customers through which to gain commercial benefit for the company.
8. Financial modelling of projects whether internal for investment or new product introduction
or external as a means to support our sales process.
9. Proactively oversee the International financial husbandry of funds, tax evaluations and intercompany
charging and similar arrangements and make recommendations to the CEO and Board with
regards improving or optimising to enhance business operating efficiency.
10. Create a recommendation to the CEO and Board for a Commissions, Bonus and Companywide
Profit Related Incentive Pay Scheme.
Reporting: Formal weekly updates together with month end reports covering completed month
versus forecast as well as forward three month forecast.
Applications: In strict confidence to: Mr Jerry Stokes, Executive Chairman, SEC Group.
Closing Date for Applications: Monday 30th January 2017