Head of Finance

Head of Finance

Saltburn-by-the-Sea Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial management and oversee a dynamic finance team at ICL Boulby.
  • Company: ICL Group is a global leader in mining and specialty chemicals.
  • Benefits: Enjoy a full-time role with opportunities for professional growth and development.
  • Why this job: Join a collaborative culture focused on strategic planning and impactful financial decisions.
  • Qualifications: BA/MA in Finance or Economics, CPA certification, and 5+ years of relevant experience required.
  • Other info: Potential to become a Director in ICL subsidiaries and engage with labour unions.

The predicted salary is between 48000 - 72000 £ per year.

The role of Head of Finance is to efficiently and accurately oversee the financial management of ICL Boulby. The Head of Finance will be a talented, professional, and experienced individual, capable of managing a diverse list of tasks as well as leading the finance team. This role involves:

  • Financial closing & business performance
  • Strategic business planning
  • Capex control and Economics

The ideal candidate will have a proven record ensuring that the financial affairs of companies are properly conducted and that audited accounts and tax returns are prepared to time and in accordance with statutory and regulatory requirements in cooperation with Europe operational and professional finance hub.

Main Responsibilities:

  • Monitor and analyze overall responsibility for the monthly and quarterly closing and reporting requirements.
  • Responsible for statutory reports and the interfaces with local auditors.
  • Comply with the provision of the appropriate regulations and ICL accounting policy.
  • Review stock movements and perform impairment testing on inventory.
  • Drive and manage the preparation of the budget and forecasting for ICL Boulby.
  • Analyze and control actuals, budget, and forecasts performance.
  • Running annual impairment test.
  • Participate in the development of a strategic business plan and annual long-range plan for ICL Boulby to meet ICL’s corporate objectives including the derived CAPEX plan and cashflow generation plan.
  • Lead the economic validation on business cases for CAPEX.
  • Assist in planning, optimization and coordination CAPEX including feasibility studies, NPV, payback and IRR calculations for investment proposals.
  • Analyze the plant's operations to evaluate performance and determine areas of potential efficiencies, program improvement or policy change.
  • Prepare management reporting including fixed costs, distribution costs, product costing, production efficiency calculation, margin analysis and KPIs for ICL Boulby plant and Teesdock operations.
  • Assist in the preparation of benchmark studies.
  • Provide ad hoc advice to business partners actively driving business performance analysis.

General Duties:

  • Cascade and control the finance KPIs.
  • Stakeholder management and relationships with the trustee of the Defined Benefit pension plans.
  • Finance lead in the UK will be also potentially appointed as Director in ICL subsidiaries.
  • Control and calculate the transfer prices of finished products sold and raw materials.
  • Manage the Company’s electric, gas and carbon positions.
  • Ensure that effective information systems process, and budgets are drawn up for the operation and that timely and accurate reports and analysis (including Cost Per Ton) on company performance are produced for the leadership team and management.
  • Analyze the operations to evaluate performance and determine areas of potential cost reduction, program improvement or policy change.
  • Provide ad hoc advice to business partners based on performance analysis.
  • Develop and train the Units finance team.
  • Strong relationships and cooperation with the Regional HQ in The Netherlands.
  • Lead the insurance process in the UK (renewals of coverage together with the ICL insurance team), including different aspects like claims, settlements etc.
  • Oversee as main stakeholder the Royalties payment calculation to the UK Crown and the following annual audit made by the UK authorities.
  • Part of the management team that engages with the labor union on site (including wage increases negotiations).

Education and Experience:

  • BA/MA degree (e.g. Economics, Finance, Business Administration).
  • Certified Public Accountant.
  • Minimum of 5 years of relevant working experience, minimum 5 years of business controlling.
  • Experience with SAP (SD, MM, FI-CO modules).
  • Understanding of the regulatory and compliance issues appertaining to the Company’s financial activities and reporting.

Required Skills:

  • Strong problem-solving skills.
  • Strong interpersonal skills.
  • Innovative thinking.
  • Strong analytical skills.
  • Appreciation of Pension Fund legislation.

Head of Finance employer: ICL Group

ICL Group is an exceptional employer located in the picturesque Saltburn-By-The-Sea, offering a dynamic work culture that fosters innovation and collaboration. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a supportive environment that values work-life balance. As a leader in the mining industry, ICL Group provides a unique chance to contribute to impactful financial strategies while being part of a dedicated team committed to excellence.
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Contact Detail:

ICL Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Finance

✨Tip Number 1

Network with professionals in the finance sector, especially those who have experience in mining or similar industries. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges they face.

✨Tip Number 2

Familiarise yourself with ICL Group's financial practices and recent developments. Understanding their business model and financial strategies will help you demonstrate your knowledge during interviews and show that you're genuinely interested in the role.

✨Tip Number 3

Prepare to discuss your experience with SAP and how it relates to financial management. Be ready to provide examples of how you've used these tools to improve financial processes or reporting in your previous roles.

✨Tip Number 4

Highlight your leadership skills and experience in managing finance teams. Be prepared to share specific examples of how you've developed team members or improved team performance in past positions.

We think you need these skills to ace Head of Finance

Financial Management
Budgeting and Forecasting
Strategic Planning
Statutory Reporting
Stakeholder Management
Analytical Skills
Problem-Solving Skills
Interpersonal Skills
Knowledge of Regulatory Compliance
Experience with SAP (SD, MM, FI-CO modules)
Cost Analysis
Performance Evaluation
Team Leadership
Understanding of Pension Fund Legislation
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial management, strategic planning, and team leadership. Use specific examples that demonstrate your ability to oversee financial operations and manage budgets.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Head of Finance role at ICL Group. Discuss how your background aligns with their needs, particularly in areas like compliance, financial reporting, and stakeholder management.

Highlight Relevant Skills: Emphasise your strong analytical skills, problem-solving abilities, and experience with SAP. Mention any familiarity with pension fund legislation and your capacity to lead a finance team effectively.

Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.

How to prepare for a job interview at ICL Group

✨Know Your Numbers

As the Head of Finance, you'll need to demonstrate a strong grasp of financial metrics. Be prepared to discuss key performance indicators, budget management, and financial forecasting in detail. Familiarise yourself with ICL Group's financial reports and be ready to analyse them during the interview.

✨Showcase Leadership Skills

This role requires leading a finance team, so highlight your leadership experience. Prepare examples of how you've successfully managed teams, driven performance improvements, or navigated challenges in previous roles. Emphasise your ability to foster collaboration and develop talent within your team.

✨Understand Regulatory Compliance

Given the importance of compliance in this position, brush up on relevant regulations and accounting standards. Be ready to discuss how you've ensured compliance in past roles and how you would approach it at ICL Group. This shows your commitment to maintaining high standards in financial management.

✨Prepare for Strategic Discussions

The Head of Finance will play a key role in strategic planning. Be prepared to discuss your experience with business planning, CAPEX control, and economic validation of business cases. Think about how you can contribute to ICL Group's long-term objectives and be ready to share your insights on potential growth opportunities.

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