MoneyGram
Sep 24, 2022
Full time
ROLE PURPOSE: The Regional Finance Leader will be responsible for financial management of the Central Europe, Eastern Europe and Owned Stores business channels and provides day-to-day and strategic financial support to the Regional Heads of Sales for Central Europe Strategic partnerships, the Heads of Sales for the European Owned Stores, and the Regional Head of Eastern Europe. Principally this will mean managing Channel P&Ls, monthly financial reporting and analysis, budgeting and forecasting, due diligence on new initiatives and business opportunities, financial modelling, pricing, sales incentives, margin review, and creation and maintenance of dashboards indicating financial performance, agent performance and general business trends. In addition to this, the role will assist with the financial safety and soundness oversight including operational resilience within the company's regulatory framework and ensure the Global Finance functions deliver the services and support required by the Sales Channels/Region. The role reports to the Head of Financial, Planning & Analysis - Europe, Russia, and CIS. ACCOUNTABILITIES: Provide guidance and support to the Regional Heads of Sales for Central Europe Strategic partnerships, the Heads of Sales for the European Owned Stores and the Regional Head of Eastern Europe, the wider channel teams, and Global Finance teams in financial matters, to assist in achieving channel and regional objectives, Conducts monthly reporting and insightful analysis for review with Channel and Regional teams and Global finance teams, Drives the forecast and budget processes that link into the corporate planning requirements and deadlines. Strong presentation of budget plans with emphasis on revenue and profitability management, Preparation of regulated entity board meeting material including Safety and Soundness reviews, financial resilience reviews, financials stress testing, capital adequacy tracking and safeguarding funds management, Performs business case analysis and due diligence on new initiatives and business opportunities for the region, Financial tracking of key business initiatives, Creates insightful reports and analytics that can eventually translate into action with focus on the big picture and higher value at stake, Prepares comprehensive financial and general business presentations that reflect strong strategic thinking and analysis, Summarizes and presents key findings, recommendations, opportunities, and risks to senior leadership & functional teams, Collaborates with other finance peers to understand costs allocated to the designated business unit, direct expenses, and headcount, Guides decisions related to the pricing of product and services, deal structure and revenue recognition, Provide cross Channel and Regional co-ordination and guidance for reporting, new business activity and Investment approvals at a corporate level, Work with centralized reporting teams to ensure that they provide adequate daily/monthly reporting for your specific region, Ensure that local finance requirements are communicated to and actioned by the Global functional teams: Treasury: assist in the relationships with local bank partners. Co-ordinate with global treasury centres in Dallas and London to assist with local banking relationships and Central Bank requirements as needed, Accounting: may need to assist in audits, review and submission of statutory, local GAAP and fiscal reports and tax returns. Coordinate with Global Accounting department on appropriate accounting treatment for any financial transactions, Settlement and Commissions: assist with oversight and management of prefunding and commission settlement of the agent network, Assist with the preparation and/or periodic updating of internal control and risk management documentation and flows, Provide input and support to the Head of Financial, Planning & Analysis - Europe, Russia and CIS Europe as required on ad hoc initiatives, Perform Other Duties as required. SCOPE/CONTEXT: Reports to Head of Financial, Planning & Analysis, Europe - Russia and CIS Interacts closely with business Regional Heads of Sales for Central Europe Strategic partnerships, the Heads of Sales for the European Owned Stores and the Regional Head of Eastern Europe and wider teams within territory Interacts with cross-entity stakeholders and process-owner service oversight and monitoring for outsourced processes Interacts closely with central finance functions in the organisation Interacts with senior business personnel throughout the organisation and with other regional offices as required Some travel may be required. Qualifications QUALIFICATIONS, EXPERIENCE & SKILLS: Fluent English required Proven experience in Finance or FP&A environment (7-10 years) - qualified accountant/professional body affiliation preferred Strong understanding of regulatory framework in financial services and for payment institutions in particular Strong and proven business partnering and relationship building skills Self-driven individual with proven track record working in high growth fast paced environment Must possess strong quantitative and analytical skills with ability to adapt skills to a wide variety of changing analytical situations Excellent ability to interpret financial results and business indicators to identify trends and opportunities Proven experience in building financial models (e.g., pricing, market elasticity, scenario analysis, market analysis, valuation) and using these models to drive and improve business results Clear, concise oral and written communication skills with the ability to interact and present with all levels within an organization Strong organisational skills, ability to manage conflicting priorities and co-ordinate several tasks simultaneously Must have a strong desire to succeed in a very dynamic environment Demonstrated experience in implementing process improvement to business planning, forecasting and management reporting activities Proficiency in Microsoft Office applications is a must - Excel, Word, PowerPoint Working knowledge of databases is required (Essbase, Oracle EBS and Cognos Analytics) Ability to deliver under pressure and tight deadlines while engaging in effective dialogue aimed at delivering results Ability to delegate work assignments, empower others and gives authority to work independently, set expectations and monitor delegated activities. Primary Location: United Kingdom-ENG-London Work Locations: GB_Corp_London_Queen Victoria Street 85 Senator House, 1st Floor 85 Queen Victoria Street London EC4V 4AB Job: Financial Planning & Analysis Organization: Finance : Full-time Job Posting: Aug 24, 2022, 11:01:19 AM