Head of Finance

3 weeks ago

Johannesburg, South Africa Bridgestone Full time

**Head of Finance - Retail**:
**POSITION SNAPSHOT**:

- JobReq ID: 48505- Type of work: Hybrid- Type of contract: Open-ended/permanent- Full/Part Time: Full time- Location: Johannesburg, ZA**OUR COMPANY**:
Bridgestone in Europe, CIS, Middle East, India and Africa (BSEMIA), headquartered in Zaventem (Belgium), is a subsidiary of Bridgestone Corporation, a global leader providing sustainable mobility and advanced solutions.

In addition to our premium tire products, we offer a growing portfolio of tire-centric and mobility solutions. Together with our partners and guided by "Serving Society with Superior Quality”, that has been our mission since Shojiro Ishibashi founded Bridgestone in 1931, we are working to accelerate sustainable mobility innovations and solutions. Through innovative technology, we are committed to easier, safer, smoother and seamless mobility for our society and customers improving how people move, live, work and play.

Bridgestone also benefits from a significant retail network throughout the region - in fact our retail presence in the EMIA region is the largest in the tire industry. Through 17 distinct retail partners, we have around 3,500 outlets across Europe, the Middle East and Africa as well as around 2,500 outlets through our partner network in India. This network offers a selection of services, concepts and mobility solutions.

At Bridgestone we pride ourselves on the strong relationships we maintain with everyday drivers and this extensive retail network is one of the core reasons why.

In line with the “Bridgestone Essence”, our work environment is based on integrity and teamwork, where everyone can learn from each other and contribute with their own ideas in achieving the coming goals.

We want to hear from people who can take the challenge, unleash their creative potential and contribute to the company success demonstrating ownership, courage and agility. We want you to develop your skills, expand your knowledge and be proud of your work.

:
**Job Purpose**

We are looking for a Head of Finance to manage all financial tasks of our Retail Business and ensure we use capital and resources optimally. This role will ultimately be responsible for maintaining the business ‘s financial health and increasing profitability in the long run.

The Head of Finance will support the Retail MD in achieving our Company’s targets, always ensuring that all relevant financial requirements are fulfilled in a timely manner and in compliance with Southern Africa legal/tax regulations, as well as Bridgestone Group guidelines and regulations..

Reporting line:

- Managing Director Retail Business
- CFO Southern Africa

**Responsibilities**
- Act as key partner of the Retail Managing Director in the achievement of the Company’s mid term plan target, strategy and policy.
- Identify sources of financial risks, cost and profit opportunities and closely cooperate with other non-financial directors / managers to develop and implement appropriate business priorities and actions.
- Responsible for the coordination, production and reporting of the Actual, Budget and Mid Term Plan financial results to the Managing Director and the Executive Team
- Perform analysis, provide explanation of variances and make relevant recommendations supporting Top Management for effective decision making, always aiming to achieve Company’s objectives.
- OPEX, monitor and actively working with the different functions to manage spending in line with the company performance
- Ensure that the Company’s level of risk exposure taken towards the customer’s portfolio, managed by the Credit Dept., remains well balanced and under control in order to achieve targets.
- Ensure credit reviews are performed and payment plans are in place and executed.
- Supervise and ensure that all activities performed in the Finance department are done in compliance with legal & tax requirements in all the countries in Southern Africa within Retail as well as Group requirements procedures.
- Establish internal control procedures and ensure that administrative, accounting, credit and financial procedures and policy standards are respected and maintained over time.
- Full ownership and management of the indirect procurement process including the team
- Support internal-external Audit and JSOX activities.
- Ensure that all regulations and requirement for the Retail legal entity is met with regards to financial and tax laws.
- Organizational design, responsible for the implementation of the most effective finance organization, optimizing use of resources in line with overall company strategy.
- People management, responsible for the management of the finance team which includes but is not limited to talent development, coaching, as well as teambuilding and motivation.
- Statutory responsibilities and Corporate governance: Board member of Retail SA. Manage Audit Risk committee commitments. Balance Sheet Integrity, Solvency and local country compl

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