Chief Financial Officer (m/f/d) – in portfolio company
For a few current and prospective mid-market portfolio companies (producing industry / app. €200-400Mio. revenue) in Western-/ Central Europe we are looking for a Chief Financial Officer (m/f/d).
The CFO will have responsibility for leading and managing the company’s financial function. He/she will be a strategic advisor and business partner to the top management team on financial and business issues. As CFO, this person will manage the company’s balance sheet, capital structure, and overall reporting and control processes as well as will be responsible for cash management, control, audit, financial planning and analysis, tax, treasury, accounting. As a key figure within a carve-out the CFO will build up a best-in-class finance organization and implement efficient strategies, processes and structures with a strong strategic and business focus. In conjunction with the CEO, the CFO will be expected to develop and manage the implementation of a pragmatic strategic plan that will continue to improve short-term results as well as position the company for profitable long-term global growth and shareholder value creation. The CFO will be expected to perform his/her duties in a manner that balances strategic thinking with hands-on and engaged operational and functional leadership.
Responsibilities
- Setting Strategy: Work in partnership with the CEO, the senior management team and the investors to drive the growth and performance of the business to achieve maximum value creation. Contribute to the strategic direction of the overall business through the creation and delivery of effective business plans.
- Treasury/Cash Management: Develop financial models to forecast the Company’s cash/liquidity position. (13-week cash flows). Enable corporate strategy through global capital and cash management, treasury operations, and risk management. Manage relationships with banks and credit institutions across the global footprint.
- Financial Reporting & Control: Ensure the accuracy, integrity and timeliness of financial reporting and ensure compliance with any relevant reporting standards. Maintain appropriate internal financial controls and risk management processes across all operations.
- Budgeting & Forecasting: Oversee the budget process, collecting the inputs, and comparing the company’s actual performance against the budgeted targets. Ensure a strong control on costs and cash, whilst continuing to enable the growth of the business including the development of a rolling liquidity plan. Develop a robust forecasting system.
- Financial Analysis & Performance Management: Understand the company’s business model and translate the operational metrics into key performance indicators. Challenge the business plans and ongoing financial performance, and interpreting information quickly to ensure that action is agreed and carried out effectively.
- Growth acceleration: Support the potential identification, assessment, and execution of investment opportunities, including strategic partnerships, acquisitions and divestments. Manage the financial integration of merged or acquired entities and build best-in-class scalable Performance Management systems and processes.
- Financial Relationships & External Relationships: Establish and maintain strong relationships with the investors, providing accurate and relevant analysis which special focus on Free Cashflow, Net Working Capital and EBITDA. Develop banking reporting to present compliance with formal debt agreements (covenants).
- Organization Leadership: Recruit, assess, develop, and lead talent in finance as well as across the business to build a world-class organization and deliver business results. Ensure there is a comprehensive and effective succession and talent management strategy within the finance organization.
Qualifications required
CFO Leadership: Finance executive with more than 15 years of experience in a producing industry and a proven track record in finance, accounting, controlling and M&A processes, including post-merger integration and financing. Proven experience as CFO in a mid-sized company with min. €200Mio. revenue.
Industrial and International Background: Experience in the industrial manufacturing sector within a global organization. Ideally track record in cross-culture and cross-country working.
Private Equity Experience: Experience in a Private Equity environment with a proven track record of successful sponsor interactions. Carve-Out experience is considered a plus.
Educational Background: Excellent academic background, successfully completed Master’s or Ph.D. degree in Business Administration or Economics. Fluent in English, German is a plus.
Further capabilities:
- Commercially minded and technically highly qualified CFO with excellent analytical skills.
- Combining strategic vision and strategic thinking with excellence in operational execution.
- Strong business acumen.
- Strong drive for performance – sets and executes stretch targets.
- Demonstrates a sense of urgency and instills this in others – values speed of action.
- Commitment to quality and compliance.
- Capability to influence different stakeholders by demonstrating competence and confidence, being a good listener, using fact-based persuasion, dedication and persistence as appropriate to the audience.
- Ability to develop valuable collaborations and build strong relations within a complex environment.
- Ability to develop team members and generate high performance results.
- Fostering teamwork and collaboration with the broader team; excellent communication skills, positive can-do attitude.
- High energy level; ability to drive an organization and to create passion and inspiration.
Please apply online including all relevant application documents and stating your earliest possible starting date and salary expectation.
What you’ll do
- Manage operations and financials of private equity funds and Special Purpose Vehicles (SPV), be part of a team working closely with our CFO
- Actively support closings of investment deals in collaboration with deal teams, legal and tax.
- Forster seamless communication and coordination with internal departments, including deal teams, legal, investor relations, as well as external parties and portfolio companies.
- Manage and review work of external fund administrators and ensure high quality and timely deliverables.
- Review and support preparation of quarterly reports and investor capital accounts
- Monitor liquidity and initiate capital calls / distributions.
- Close collaboration with accounting to ensure transactions are properly reflected.
- Work with external auditors to facilitate efficient and timely audit completion.
- Coordinate other external experts such as tax and legal.
- Actively participate in the development and enhancement of processes and tools, contributing to team-specific and firm-wide initiatives
- Manage ad hoc processes as required, demonstrating flexibility and agility in responding to evolving needs
What we’re looking for
- 3- 8 years of relevant experience in a Big 4 audit firm or private equity firm.
- University degree in finance, accounting or related field; further professional qualifications (ACCA, CPA, CFA) preferred.
- Excellent communication skills in English, proficiency in additional language such as German or French is a plus.
- Experience with Luxembourgish private equity funds (closed-ended).
- Strong analytical and problem-solving skills, with a solid understanding of international accounting standards and Lux GAAP.
- Ability to thrive in a fast-paced, deadline-driven environment, with exceptional organisational and prioritisation skills.
- Have a personal drive and strive for excellence, willing to develop and learn. A person who walks the extra mile, takes responsibility and wants to deliver high quality.
What we offer
- Unique, challenging and independent role, managing various areas related to fund operations.
- Work with an inspiring team of professionals and be part of a fast growing, dynamic and successful investment firm.
- An attractive and performance-related remuneration package.
- Be part of an international team with close collaboration across multiple departments.
Please apply online including all relevant application documents (cover letter, CV and certificates), and stating your earliest possible starting date, preferred working hours and salary expectation.
We are strengthening our Finance and Accounting Team in Luxembourg and are looking for you.
Responsibilities
- Managing the day-to-day transactions such as postings, reconciliations, receivables and payables
- Preparing of management accounts on a monthly basis, including accruals and deferrals
- Knowledge of German HGB, IFRS and Lux GAAP is a must, other GAAPs advantageous (Malta, Netherlands, Italy, Sweden)
- Preparation of annual financial statements of holding and service companies
- Compiling of various financial reports for internal and external use
- Contact person for tax advisors and auditors
- Preparation and submission of VAT returns
- Preparation of invoices, support budgeting process and performing interest calculations
- Assisting in specific assignments and projects as assigned by management
- General administrative tasks and any other duties which may be required from time to time
Profile
- University degree and successful completion of further accounting certifications (ACCA, Luxembourgish Accountant or similar)
- At least 3-5 years of professional experience as an accountant
- Relevant experience in the annual financial statement process according to German HGB, Lux GAAP and other local GAAPs (and tax law) as well as VAT returns
- Understanding of improvements of existing processes
- Good knowledge of WORKDAY / DATEV, MS Office and Sage BoB advantageous
- You are fluent in written and spoken German and English, French desirable
- Analytical thinking, independent work-style and initiative, ability to work in a team and under pressure, high degree of accuracy and diligence, affinity for numbers
Our Offer
- An attractive and performance-related remuneration package
- Flat hierarchy promoting rapid decision-making processes
- Dynamic career development in a successful and strongly growing investment company
- Be part of an international team with close collaboration across multiple departments
- Dynamic and open-minded team, diverse culture, regular team events
- Complimentary drinks, coffee, tea, and fresh fruit
Please apply online including all relevant application documents (cover letter, CV and certificates), and stating your earliest possible starting date, preferred working hours and salary expectation.
ECO3 (formerly Agfa Offset Solutions) is a leading global supplier of prepress systems to the printing industry. Commercial, newspaper and packaging printers rely on us for the most extensive range of integrated solutions, from printing plates and computer-to-plate systems over workflow and print management software to pressroom chemicals. Our solutions are designed to deliver higher productivity, lower costs and greener outcomes at every stage of the print process.
ECO3 is headquartered in Belgium with production and research centers in Germany, Brazil, China, and Israel. With over 1600 colleagues, we are commercially active worldwide through sales organizations and dealers in more than 30 countries.
At ECO3 group level, we are seeking a highly accomplished and results-oriented
Head of Accounting (m/f/d)
to lead and develop our global accounting teams from our HQ office in Mortsel, Belgium. As the Head of Accounting, you will play a pivotal role in ensuring the accuracy, timeliness, compliance and integrity of our accounts and financial reports, striving for high quality standards in our financial and accounting processes.
Responsibilities:
- Oversee the entire accounting function of the ECO3 group, including general ledger, accounts payable, accounts receivable, and financial reporting
- Ensure compliance with IFRS accounting standards, regulatory requirements and internal policies
- Develop and implement strategic accounting initiatives to improve efficiency and effectiveness in all accounting areas: Purchase-to-Pay (P2P) and Order-to-Cash (O2C) as well as Record-to-Report (R2R) processes
- Collaborate with cross-functional teams such as procurement, operations, logistics and sales colleagues to support the translation and implementation of business developments and flows into efficient accounting processes. You will also partner with IT and Business Process teams.
- Support the financial analysis to support decision-making in the actual reporting
- Prepare accurate and timely financial reports for internal and external stakeholders
- Manage a dynamic and diverse team of accounting professionals, providing guidance, training, and performance evaluations
- Partner with regional finance teams across the globe, and with in-house and external financial shared service centers
Qualifications required:
- Master’s in law, Economics, Finance or Accounting and a proven track of record in similar positions.
- Minimum 10 years working experience preferably in a multinational industrial environment as an auditor.
- Proven experience managing and leading a team of accounting professionals with knowledge of IFRS to further develop ECO3’s accounting policies
- Strong numeracy and IT literacy skills, especially in SAP
- Strong interpersonal and communication skills to partner within a dynamic environment
- Project management skills and ability to manage multiple priorities. Experience with change management is an asset
- Ability to work independently and as part of a team
- Proactive and results-oriented approach to problem-solving
- Analytical and decision-making skills, critical mind-set
- Fluent in English
- Willingness to travel from time to time
What ECO3 offers:
- A professional environment with a positive mindset and a ‘can do’ attitude, continuously striving for excellence
- Enthusiastic, committed, and skilled team, striving for sustainability, efficiency, and customer centricity
- An open company culture that stimulates exchanging experience, ideas and entrepreneurship
- The opportunity to influence positive change across our global network
- A great team of passionate, like-minded colleagues to work with
- A hybrid working environment
Contact
Please apply via e-mail including all relevant application documents and stating your earliest possible starting date and salary expectation: naiara.esnal@eco3.com.