Head of Business Control - M2 at Sandvik

Key Performance Areas

Business Steering, Performance Management & Reporting

• Ensure on-time and high-quality financial reporting in conjunction with Finance control function.
• Co-ownership of the P&L, Balance Sheet and other related business/performance KPI’s.
• Review, update and ensure adherence to relevant policies and guidelines.
• Review, update and improve (if and where needed) underlying business & financial processes in conjunction with relevant stakeholders.
• Actively report performance to relevant stakeholders (Sales Area Management team, Business Line Managers, Divisional key stakeholders) by presenting current situation and possible future risks and by co-owning (if and where relevant) improvement actions.
• Know your numbers and what is behind them!
• Monthly Reporting Reviews Vs Forecast, Budgets and Prior Year.
• Consolidation of Final Reports for the Sales Area.
• Ensure Net Working Capital is effectively managed.
• Analyse relevant profitability and cost performance (e.g Gross Profit, Admin&Sales costs etc.) and suggest/co-own the implementation & execution of counter-measures together with business stakeholders (e.g Business Line Managers and Sales Area Management team).
• Review and management of A&S Costs for the Sales Area.
• Report on improvements resulting from action plans.
• Develop & execute strategies to improve Net Working Capital and profitability.
• Oversee the capital expenditure process by managing the process incl. approval flow, analysing underlying & co-owning underlying business cases, track ongoing expense flow, ensure proper alignment with Finance Control into Balance Sheet (e.g Fixed Asset register) and perform post-project valuations of underlying larger CAPEX cases.

Effective Control Measures

• Ensure that risk to Sandvik Mining and Rock Technology is contained through putting controls in place and monitoring and correcting deviations.
• Act as a proactive business partner (= co-owner) and advisor to the business line managers & relevant Sales Area Management team(s) and towards related Sandvik Divisions.
• Perform profitability analysis (business cases) before any new contracts/contract amendments are entered into thereby ensuring appropriate business opportunities are targeted and pursued, and limiting the risk to Sandvik Mining and Rock Technology of marginal/unprofitable business / business impact analysis.
• Consistently make improvement recommendations and co-own their execution.
• Accountable for and measured on monthly balance sheet and P&L for customer segment.
• Ensure timely and accurate reporting of relevant financial & management reports.

Business Planning

• Ensure that costs are controlled and that deviations from budget/Forecasts are investigated and rectified.
• Variance analysis, identify issues, develop improvement proposals and plans.
• Take remedial action (e.g. alignment of headcount with business demands).
• Responsible for the Sales Area consolidated planning processes; this includes the divisional segregation for all underlying KPI’s.

Project Management

• Manage projects which cut across Business Areas and/or Divisions (e.g. Accounts receivable, service exchange, cost improvement, larger capital expenditure etc.)
• Co-ownership of projects and active engagement with relevant stakeholders (internal & external).
• Analyse data, understand performance/deviations/problems and proactively engage with business owners by presenting the findings and (if and where needed) develop and co-own improvement actions.
• Develop solutions/action plans for implementation (operational and/or financial).

Effective Subordinate Management

• Management and Control of the Business Control Department.
• Ensure proactive business steering and co-ownership across the Business Control Department.
• Conduct performance agreements, reviews & appraisals.
• Ensure proper Succession planning.
• Create learning opportunities.
• Ensure proper documentation of processes and actions.
• Manage personnel fluctuations within the Business Control Department by ensuring proper introduction & hand-over for new people.
• Ensure to hire high performing people by keeping an eye for high-potential people.
• Ensure proper people management, performance management, Mentoring & Coaching of people within the Business Control Department.
• Implement training plans (if and where needed).
• Continuous assessment of current personnel skills levels.

Profile Required

• B Com Hons degree CIMA (ACMA status)
• 7+ years post-qualification experience with:
• Proven experience in former Business Control (or BP&A) function within a highly dynamic environment.
• Proven track record of proactive performance management within a Business Control (or BP&A) function.
• Experience in change management and people management (direct reports and stakeholder management across a larger complex organization).
• Experience with internal Controls (e.g SOX) and policies/guidelines management.
• Strong records of managing complex & dynamic planning cycles (budgets, forecasts, strategy plans etc.) within a larger (international) organization.
• Experience of performing Business Control/Reporting/Planning tasks in an environment with heterogenic / not fully unified system landscape.
• Prior SAP experience is a benefit.
• Advanced Excel skills.
• Previous mining industry experience is beneficial (but not a must).
• Aurora job management system is beneficial (but not a must).

Other Requirements

• Resilience and ability to handle stress, pressure and strict deadlines.
• Well organized and able to delegate.
• Strong communication skills, including ongoing communication to senior local / global management.
• Self-motivated & proactive personality that takes ownership.
• Ability to manage tasks and time.
• Strong people leadership skills incl. delegation and performance management of team(s).
• Fast learner and flexible adopter of seeking and finding solutions to different complex problems.
• Solid understanding of IFRS Accounting Standards.
• Ability to work independently but also in a team structure.
• Travelling to sites and other limbs across Southern Africa.
• Commercially minded with strong analytical skills.
• Attention to detail and the ability to work logically, consistently and accurately.
• Excellent numeracy and communication skills combined with an inquiring, analytical mind.

Closing Date: 8th, June 2022