Head of Finance

Date:  04-May-2021
Posting End Date: 
Location: 

Boulby, GB, TS13 4NZ

Company:  Cleveland Potash Ltd.

 

The role of Head of Finance is to efficiently and accurately oversee the financial management of ICL Boulby. The Head of Finance will be a talented, professional, and experienced individual, capable of managing a diverse list of tasks as well as leading the finance team.  This role involves, Financial closing & business performance, Strategic business planning, Capex control and Economics.


The ideal candidate will have a proven record ensuring that the financial affairs of companies are properly conducted and that audited accounts and tax returns are prepared to time and in accordance with statutory and regulatory requirements in cooperation with Europe operational and professional finance hub. 

Main responsibilities:

 

Monitor and analyze, overall responsibility the monthly and quarterly closing and reporting requirements.

Responsible for statutory reports and the interfaces with local auditors.

Comply with the provision of the appropriate regulations and ICL accounting policy.

Review stock movements and perform impairment testing on inventory

Drive and manage the preparation of the budget and forecasting for ICL Boulby. Analyze and control actuals, budget, and forecasts performance.

Running annual impairment test.

Participate in the development of a strategic business plan and annual long-range plan for ICL Boulby to meet ICL’s corporate objectives including the derived CAPEX plan and cashflow generation plan.

Lead the economic validation on business cases for CAPEX.

Assist in planning, optimization and coordination CAPEX including feasibility studies, NPV, payback and IRR calculations for investment proposals.

Analyze the plant's operations to evaluate performance and determine areas of potential efficiencies, program improvement or policy change

Prepare management reporting including fixed costs, distribution costs, product costing, production efficiency calculation, margin analysis and KPIs for ICL Boulby plant.

Calculate and manage the unrealized profit for inventory.

Assists in the preparation of benchmark studies.

Provide ad hoc advice to business partners actively driving business performance analysis.


General Duties:

 

Cascade and control the finance KPI's.

Stakeholder management and relationships with the trustee of the Defined Benefit pension plans.

Finance lead in the UK will be also potentially appointed as Director in ICL subsidiaries.

Control and calculate the transfer prices of finished products sold and raw materials. 

Ensure that effective information systems process, and budgets are drawn up for the operation and that timely and accurate reports and analysis (including Cost Per Ton) on company performance are produced for the leadership team and management.

Analyze the operations to evaluate performance and determine areas of potential cost reduction, program improvement or policy change.

Provide ad hoc advice to business partners based on performance analysis.

Develop and train the Units finance team. 

Strong relationships and cooperation with the Regional HQ in The Netherlands. 

Lead the insurance process in the UK (renewals of coverage together with the ICL insurance team), including different aspects like claims, settlements etc.

Oversee as main stakeholder the Royalties payment calculation to the UK Crown and the following annual audit made by the UK authorities.  

Part of the management team that engages with the labour union on site.


Education and Experience:

 

BA/MA degree (e.g. Economics, Finance, Business Administration).

Certified Public Accountant.

Minimum of 5 years of relevant working experience, minimum 5 years of business controlling

Experience with SAP (SD, MM, FI-CO modules)

Understanding of the regulatory and compliance issues appertaining to the Company’s financial activities and reporting. 


Skills:

 

People management skills. 

Strong problem-solving skills.

Strong interpersonal skills.

Innovative thinking.

Strong analytical skills.

Appreciation of Pension Fund legislation.
 

About ICL

 

ICL is a global specialty minerals and chemicals company operating potash, bromine and phosphate mineral value chains in a unique, integrated business model. ICL extracts raw materials from well-positioned mineral assets and utilizes technology and industrial know-how to add value for customers in key agricultural and industrial markets worldwide. ICL employs around 12.000 people worldwide and is active in many European countries. The European Headquarters are located in Amsterdam, the Netherlands.   For more information, visit the company's global website www.icl-group.com