De Beers Group Finance Manager - Technology

Overview

The Finance Manager (Product and Technology Development (PTD)) is responsible for providing professional accounting services that ensure the quality, integrity, completeness, accuracy, control and timely processing of all PTD Operational finance transactions (inclusive of working, project and capital expenditures). They will ensure that data is presented accurately and that any accounting issues are identified, understood and resolved on a timely basis through detailed planning and process management.

The role will work closely with the Midstream Finance team to support the business planning and performance reporting for PTD and be responsible for providing insightful analysis and commentary for senior management within Maidenhead and the Midstream. It is therefore vital to form strong working relationships with stakeholders across the business. In addition the individual will take responsibility for the implementation of continuous improvement initiatives and for liaising with external stakeholders as required.

Key Responsibilities

• Maintain the PTD finance calendar and manage the financial month end;
• Ensure the completeness and integrity of the trial balance;
• Review and approve balance sheet reconciliations;
• Perform accurate and timely billing of all material sales in NAV/Business Central;
• Perform control reconciliations between NAV and SAP;
• Develop and maintain on-going relationships with stakeholders and internal and external auditors;
• Review and document business processes, develop procedures, and apply sound internal control and governance procedures;
• Maintain contract register and headcount file for Maidenhead;
• Manage Maidenhead credit cards and monitor spend to ensure in line with policy;
• Vendor and Customer master data control in NAV;
• Ensuring compliance with local tax regulations including VAT review prior to submission to London office;
• Ensuring IFRS compliance in line with Group reporting requirements;
• Responsible for working with the Group Tax function on the R&D tax credit requests;
• Responsible for supporting Supply Chain annual stock takes as well as preliminary physical stock verifications.

Operational Support

• Review and maintenance of Price Book Model: this includes labour rates framework used in the model to ensure accurate cost of goods sold as well as selling price.
• Operational Cost Planning: Ensure comprehensive financial oversight in operational cost planning meetings and maintain Financial module in PlanView.
• Financial Model Review for Projects and advisory: Provide guidance on business cases and project costs, offering a complete picture of project execution at MHD sites.
• Stock Level Analysis: Analyze stock levels and storage to assess operations and determine optimal stock-holding positions.
• Rental model + recharges – work with Facilities to maintain and update rental model
• Working with Facilities to ensure proper insurance and audits.
• Co-developing business cases.

Business Planning And Performance Reporting

• Contribute to the formulation of the long-term business plan.
• Coordinate and capture (in Onestream) the budget and forecasts and link activities noted in the budget and forecasts to the strategic business plan and performance measurements;
• Monthly Financial Reporting Meetings: Establish regular monthly meetings with VPs and Cost Centre Managers to review financial reports, focusing on OPEX, CAPEX and revenue/other income.
• Prepare / review management reports (Flash, Performance Reports), ensuring key issues and/or trends are highlighted with focus on main value drivers.
• Provide insightful analysis of results which can be used to facilitate conversations by Business Unit management.
• Assist in preparing ad hoc analysis as required by the business.
• Fulfil business partner role and provide guidance to the functions in respect of charging for goods and services in line with the transfer pricing guideline, and control of expenditure;
• Support costing of projects, products, and services.

Compliance And Administration

• Advises London Insurance team of movement of equipment between London/Maidenhead/London when in excess of the agreed annual value.
• Provide compliance and governance support to the Operations team.

Qualifications

• Qualified accountant (2-3 years PQE) from an auditing background in professional practice.
• A relevant accounting qualification – ACA, ACCA, CIMA or equivalent.
• Adept at handling ad hoc queries from senior stakeholders, writing reports, and preparing presentations.
• A demonstrated critical thinking ability.
• A track record of identifying, motivating for, and executing process improvements of deliverables executed by both the individual and the wider team.
• High level commercial acumen and business understanding.
• Proficient SAP and Microsoft Nav/Business Central would be advantageous.
• Proficient in Microsoft Excel.
• Technical accounting knowledge and experience of UK statutory reporting requirements.
• Experience in producing budgets and forecasts.
• Ability to identify opportunities for improvement and implement solutions towards their successful resolution.
• The job involves regular interaction with stakeholders across DBUK, the Midstream and with colleagues at other group companies worldwide.
• Applies Governance and Compliance knowledge to organisational processes and procedures and understands how governance, risk and compliance processes impact on the business.

Additional Information

• A great working environment
• Fantastic pension scheme
• 27 days of holiday + bank holidays with the opportunity to buy or sell 5 more days
• Private Healthcare
• Competitive salary
• Your Choice membership discounts
• Employee share schemes
• Free breakfast & lunch at onsite restaurant
• Free onsite gym
• Staff discount
• Flexible benefits package

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Information Technology

Industries

Advertising Services

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