Finance Director Budapest

Finance Director
Budapest
Budapest, Budapest

• Ensure smooth day-to-day running of the finance department.
• Liaising with external stakeholders such as suppliers, banks, auditors and internal stakeholders such as senior management, department heads.  
• Ensure all transactions are accounted for timely, accurately and efficiently.
• All balances and reconciliations are reviewed periodically.  
• The fixed assets register is maintained and updated on timely basis.  
• Ensure adequate accounting policies and procedures in place.  
• Keep abreast of development in new accounting and reporting standards
• Assist executives to implement policies in line with International Financial Reporting Standards, Audit Standards, VAT Laws and Risks Management Frameworks. Accounts Receivable Management
• Customer billing and payments are properly and timely accounted for.  
• Accounts receivables booking and reporting is done on timely basis.
• All notices to customers are managed on timely basis.
• Timely follow-up of the payments. Accounts Payable Management 
• Lead the AP function management. Ensure adequate processes are implemented for the smooth running of booking of transactions and payments.  
• Review the A/P status on a weekly basis for outstanding invoices.
• Resolve any vendor related matters and disputes.  
• Sign cheques up to the level delegated by management.  
• Manage the petty cash function.

• Manage cash calls to the stakeholders and all monthly and adhoc reporting.
• Manage any audits if required and submit financial reports to stakeholders as per timelines

• Lead preparation of all financial statements for HUNGARY and facilitate the respective audits.  
• Manage external audits and liaison with auditors.
• Facilitate review of external financial statements of group companies prepared by other country teams and requiring CFRO approval.  
• Manage the preparation of monthly financial reports for management and shareholders.
• Design internal reports (MIS reports, Business Review Meetings) templates to ensure relevant data is reported. Update such templates from time to time to improve reporting quality.

• Manage preparation and review of reports related to project costs for HUNGARY, JVs and special projects.  
• Manage the review of any variation orders.

• Manage and build team.  
• Conduct annual and mid-term staff evaluations and provide feedback.  
• Manage team morale.  
• Manage any training requirements for the staff.

• Bachelor’s Degree in Economics, Finance or Accounting 
• Qualified accountant CA, ACCA, CPA or equivalent 
• 10-12 years of experience in finance for real estate development / construction 
• 8 years of experience in a managerial position 
• • Excellent and proven financial and business acumen
  
  
• • Proven experience leading large and complex financial portfolio
  
  
• Exposure to investment, real estate and emerging sectors