Head of Finance

Overview

The Heart of Europe is committed to deliver exceptional sustainability and European culture, heritage and lifestyle experiences through architecture, events and innovative technology.

Responsibilities:

Leadership and Team Management:

• Lead, mentor, and develop the accounts payable team, ensuring high performance and professional growth.
• Foster a collaborative and positive work environment within the finance department.

Accounts Payable Operations:

• Oversee the full cycle of accounts payable processes for the companies within the group, including invoice processing, payment disbursements, and vendor management.
• Ensure timely and accurate processing of all accounts payable transactions.
• Implement and maintain best practices and standard operating procedures for accounts payable.

Cost Center Management:

• Monitor and manage cost centers across the group of companies to ensure accurate allocation of expenses.
• Collaborate with department heads to develop and maintain cost center budgets.
• Provide regular reports and analysis on cost center performance to senior management.

Compliance and Risk Management:

• Ensure compliance with internal financial policies, procedures, and external regulations.
• Conduct regular audits and reviews of accounts payable processes to identify and mitigate risks.
• Manage relationships with external auditors and facilitate audit processes.

Financial Reporting and Analysis:

• Prepare and present monthly, quarterly, and annual accounts payable reports to senior management.
• Analyze accounts payable data to identify trends, opportunities for cost savings, and process improvements.
• Support the preparation of financial statements and reports as needed.

Process Improvement and Automation:

• Identify opportunities to enhance accounts payable processes through automation and technology.
• Lead initiatives to implement new systems or tools that improve efficiency and accuracy.
• Stay updated on industry trends and best practices in accounts payable management.

Vendor Relationship Management:

• Establish and maintain strong relationships with vendors and suppliers.
• Negotiate payment terms and resolve any issues or discrepancies with vendors.
• Ensure timely and accurate processing of vendor payments.

Budgeting and Forecasting:

• Collaborate with the finance team to support the budgeting and forecasting processes.
• Provide insights and recommendations for cost control and efficiency improvements.

Essential Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree or professional certifications (such as CPA, CFA, CMA) is preferred.
• At least 15 years of experience in finance or financial management with 5 years in a leadership capacvity
• A background in either Construction and/or Real Estate Development
• Strong leadership, communication, and interpersonal skills, with the ability to manage and motivate a high-performing team.
• In-depth knowledge of financial planning, budgeting, forecasting, and resource allocation
• Strong understanding of local financial regulations
• Strong analytical and problem-solving abilities with a keen attention to detail.