Head of Commercial Finance - Crewe, United Kingdom - IMS

IMS

Verified Company

Crewe, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Corporate Overview:

IMS (Insurance and Mobility Solutions), is a leader in connected car and telematics services. We provide services and analytics to insurers, governments and enterprises. We are proud to be the developer of the industry acclaimed; cloud based "Drive-Sync" connected car platform. From insurers and governments, to dealerships and everyday drivers, we're proud to produce technology that makes driving - Safer. Smarter. Fairer.

Job Purpose:

The Head of Corporate Finance leads on all budgeting, forecasting & corporate activities including re-financing and any due diligence on potential acquisition targets.

A strategic thinker with a strong commercial mindset, this role is also responsible for forecasting, modelling, assisting in the delivery of board packs and presentations for external stakeholders, including private equity investors and bank

Specific Responsibilities and Accountabilities:

Financial modelling

Responsible for forecasting and commercial modelling across the business
Own 5year planning and budgeting processes across the wider business
Create and manage an integrated, P&L, Balance Sheet & cashflow model that includes debt and functionality to measure forecast performance against bank covenants
Commercial input and modelling support for business development / new business tenders

Corporate activities:

Lead on all corporate activities
Assist the Group Finance Director and wider Executive team to prepare and present the business for external purposes
Appraise potential acquisition opportunities and initial due diligence

Reporting & relationships

Responsibility for assisting in the delivery of timely, accurate board pack and materials for the Executive team, and other external stakeholders such as investors & bank
Key point of contact with the bank providing reassurance of covenant compliance
Ongoing analysis and input into Business Development and pricing tenders

Key Internal and External Relationships:

Senior Business Managers
Finance team (help develop commercial development within Finance)
Executive Team
External advisors

Knowledge, Skills & Experience
Essential

Excellent modelling skills, including full suite of financial statements
Advanced excel / MI skills.
Ability to model business unit carve out scenarios
Ability to pick up existing models and identify the need to improve or rebuild as required
Comfortable manipulating occasional large data sets to extract relevant key drivers/MI
Experience of producing high quality, investor grade presentations
Ability to summarise complex commercial arrangements succinctly & clearly
Ability to model impacts of new/changing customer commercials and wider market scenarios, and present accordingly
Qualified accountant with 37 years PQE and a record of success in similar roles
Clear strategic thinker
Excellent communication skills
Strong commercial mindset
Passionate to hit deadlines

Desired