About this role
Job Description: Your day at Ferring
Integrity of financial data and compliance: • Integrity of financial data and compliance • Ensure strict implementation of IFRS and internal guidelines across the M&S entities (and others if applicable). • Ensure adherence to the local fiscal and finance related regulations of the respective country. • In form Regional or Area Controller / Group Finance timely on potential issues, assess the risks and propose corrective measures
Protection of Group assets • Identify and assess opportunities and risks at country level, in line with the guidelines of the Group (Risk monitoring). • Recommend and/or implement pro-actively risk mitigation measures, e.g. financial terms of the commercial contracts, factoring schemes. • Implement Internal Control Systems guidelines • Propose and implement measures to optimize leverage • Implement Group instructions related to financial commitments and/or transactions (e.g. double signatures on financial commitments to 3rd party) and review contracts with financial commitments.
Treasury tasks: • Implement Group Treasury guidelines • Implement and manage bank relation in line with Group Treasury guidelines and instructions. • Monitor and manage cash flow effectively. • Identify and propose optimization measures
Tax management: • Implement Group Tax guidelines. • Monitor transfer prices and inform/propose potential adjustments to Group tax
Financial performance assessment: • Advise and challenge the GM with timely and proactive analyses, assessments of variances to the plans, financial impacts and risks. • Provide Management Information to other departments In form timely GM and Regional or Area Controller on any unexpected issue impacting potentially the financial performance of the Country and Area. • Propose/ implement corrective actions. • Identify areas of improvement in business and organization and propose implementation plan. • Monitor key ratios
Planning and Budgeting processes: • Set ambitious objectives to the Finance department. • Challenge budget of other departments (M&S) and of other organizational units if applicable (e.g. R&D) • Ensure optimal processes for all planning and budgeting activities across the country
Management Information Systems & Reporting: • Ensure the implementation and efficient use of the Management Information Systems and performance measures defined by the Group across the Area (e.g. Dashboards, Group Performance Indicators, Volume-Price reports, Product Group profitability) • Ensure timely and accurate financial reporting across the country. • Ensure- propose standardized and co-ordinated use of financial information systems. • Implement information systems to monitor business performance in line with Group standards. • Propose additional reporting requirements in case of deficiencies
Performing Finance organization: • Identify & implement synergies across the country (M&S and others if appl ) • Propose efficiency improvement measures • Fix and assess objectives of the Finance organization in the country. • Motivate staff and ensure optimal training across the Finance organization • Select candidates for key financial positions, to be approved by the Regional or Area controller. • Define or propose remuneration.
Manage local logistics third party
Manage Supply Network related subjects: • Connect with FPL or global supply chain to ensure product supply stability • Coordinate any product supply issue with related departments (for example, product recalls) • Upload monthly product supply forecast, and explain deviations to SNO • Manage any supply related issues
Others: • Corporate secretary related matters
Location: Ferring Taiwan