Business Leadership
- Drives Cash as a top priority. Understands the importance of cash productivity and maintains healthy levels of working capital. Addresses AR gaps. Develops a plan to optimize DSOs/accounts receivable consistently.
- Leads the business strategy to deliver on Financial KPIs, working capital, and full ownership of P/L(Profit & Loss)
- Sharp focus on costs and a constant productivity mindset – driving opportunities to optimize operating costs, to drive coverage in a financially viable way and to improve the business mix
- Develops the mid to long-term growth vision and what needs to be true (business model, financial perspective, future growth opportunities) investment ideas and funding sources, etc.
- Manages robust working capital processes and enables investments
- Drives robust monthly forecast and planning; robust reviews to assess any gaps to target, develops gap closure plans, and follows through with Organization Development
- Develops collaborative relationships across levels and functions, both with principals and internal MFT members jointly resolve conflicts and challenges.
- Constantly builds organization capability on technical and soft skills via formal training, external training, and informal/one-on-one discussions. Financial Reporting & Compliance
- Has in-depth & working knowledge of local GAAP(Generally accepted accounting principle) requirements & regulations on direct & indirect taxes
- Ensures due diligence and compliance in internal and external statutory financial reporting (including tax reporting)
- Ensures Fixed assets and balance sheet accounting are done within local GAAP
- Ensures that all financial transactions are systemically and diligently recorded, accounted for and reconciled vs. budgets regularly
- Conducts self-audits as well as engages external auditor for period audits
- Understands the local anti-trust laws and has a system to provide the necessary training to its organization working with respect to the Bread & Pastries, Food & Beverages, and Manufacturing business