Finance Manager

* Profit Management & Strategies
- Develop and prepare short, medium and long-term business plans and financial models reflecting growth strategy and add-on service expansion.
- Lead and manage the financial affairs of the business, and provide insights and recommendation to facilitate strategic directions and business decisions. Undertake to support and challenge the business in ensuring that the chosen business strategies deliver the required shareholder value at an acceptable level of risk
- Prepare and manage financial budgeting, planning, and forecast (including preparation of a full set of projected financial statements). Produce monthly management reports (e.g. budget versus actual, variance analysis by computing financial variances versus benchmark and working with other functions to complete root-cause analysis for improvement of planning and recommended actions). Raise early redflags for budget management, and seek for potential business opportunities
- Takes initiatives to identify key issues impacting the business (e.g. customer/supplier profitability, lifetime value, diversity, and earning quality analysis, cost management). - Recommends opportunities for profit maximization and profit sustainability (e.g. consider which type/ specific customers that the Company should and should not focus, expansion of add-on services...).
- Monitors competitive dynamics of the industry and related markets to recommend benchmarks
- Conduct earning quality analysis including but not limited to (i) sales analysis by key drivers (regions, customer type, size, new/existing, industry), (ii) profitability analysis (by service lines, by office areas, by industry, by customers, etc.), (iii) cost efficiency analysis and optimization (e.g. manage and control budget for expenditures (OPEX & CAPEX) to ensure activities go as planned).
- Acts as a business partner of business teams by providing relevant information and key financial insights for decision making.
- Ad-hoc requirement or assistance requested by CEO
* Balance Sheet And Cash Flow Management
- Working capital management including but not limited to optimization of working capital (assess resource allocations such as payment-on-behalf, credit policy, aging reports, debt-collection, creditworthiness review ...) to free up cash flows for other strategic initiatives.
- Cash management including cash forecast and planning. Work closely with the accounting team to ensure liquidity of the Company on a daily basis. Cash flow report and forecast, variance analysis
- Monitor capital structures and leverage level for long-term substantial development of the Company.
- Assess quality of assets, the effectiveness and efficiency of assets use (e.g. ROA) and provide improvement actions.
* Investor and Stakeholder Relation
- Ensure all investors updated on latest business results, gain trust and confidence to secure future fundraising when necessary
- Prepare business for M&A transactions (e.g. balance sheet restructuring, GMV maximization, sustainable growth initiatives, etc.) in order to maximize valuation of the Company in upcoming fundraising events.
- Manage prospective investors through defining target investors based on criteria and potential synergy, conduct initial discussions and pitching, term sheet negotiation.
- Manage the whole due diligence process (e.g. commercial, financial and tax due diligence) and directly represent for the Company in collaborating with potential investors for fundraisings
- Manage and build relationships with external stakeholders such as auditor for the year-end audit of financial statements and banker for obtaining financing sources and cooperation in terms of financial service offerings.
* Risk Management and Compliance
- Evaluate current financial and business processes, and develop and strengthen financial governance and internal controls for improved risk management
- Maintain a sound system of internal control to safeguard shareholders’ investment and the company’s assets.
- Conduct reconciliation and ensure consistency among EcoTruck data generated from its system and accounting record for the purpose of providing timely management information for decision making.
- Review monthly and annual financial statements prepared by accounting team and ensure compliance with current accounting standards and statutory requirements
- Ensure timeliness, accuracy, and usefulness of financial and management reporting