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Regional Finance Director

ISP Malaysia
Petaling Jaya, Selangor, Malaysia
Date Added: Jun 18, 2024

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Description

Purpose of Role
Reporting to the Regional Managing Director (RMD), with a dotted line to the Divisional CFO, the individual will be responsible for business partnering with the RMD and have full responsibility for all aspects of reporting (management accounts, budgeting, KPIs, consolidation, cash, tax and statutory reporting) for Malaysia.
 
ISP Principles
Begin with our children and students. Our children and students are at the heart of what we do. Simply, their success is our success. Wellbeing and safety are both essential for learners and learning. Therefore, we are consistent in identifying potential safeguarding and Health & Safety issues and acting and following up on all concerns appropriately.
 
Treat everyone with care and respect. We look after one another, embrace similarities and differences and promote the well-being of self and others.
 
Operate effectively. We focus relentlessly on the things that are most important and will make the most difference. We apply school policies and procedures and embody the shared ideas of our community.
 
Are financially responsible. We make financial choices carefully based on the needs of the children, students and our schools.
 
Learn continuously. Getting better is what drives us. We positively engage with personal and professional development and school improvement.
 
ISP Regional Finance Director Key Responsibilities
 
Commercial business partnering with the Regional MD 
  • Setting budgets, forecasts and targets for the region
  • Monitor performance such that budgets and targets are achieved
  • Identifying opportunities for growing enrolments
  • Ensuring schools costs are controlled within agreed budgets
  • Drive understanding and accountability of financial performance across region
 
Integration
  • Working closely with the ISP group finance team in London to ensure that acquired schools are integrated into ISP processes and ISP reporting in a timely manner
  • Implementing ISP’s accounting policies and other group policies
 
Management Reporting
  • Consolidate and review the regional monthly results and reporting on variances against budget and prior year for all schools in the region
  • Reporting on KPIs with commentary, making clear link to the key drivers, impacting the P&L performance versus budget assumptions
  • Did we need to add in importance of LTM (last 12 months) and proforma reporting for new acquisitions
  • Lead on the financial aspects of integration post-acquisition of new schools
 
Cash Flow
  • Responsible for ensuring that local cash management is optimised
  • Cash pooling is in place where possible
  • Working with the ISP Head of Treasury & Tax to ensure that cash flows are forecast accurately, and that surplus cash is repatriated to the UK
 
Statutory Reporting
  • First point of contact with Group and local auditors for the region
  • Ensure that the Statutory Reporting of all legal entities in these counties is completed on time
  • Regular balance sheet reconciliations / Appropriate internal controls
  • Maintain a reconciliation between statutory and management reporting
 
Tax
  • Work with schools to develop strategies, policies and plans to ensure that the schools are fully tax compliant
  • Ensure the policy, procedures and practices relating to taxation comply fully with all legal and regulatory requirements and codes of practice /conduct
  • Liaising with external tax advisors as appropriate
  • Maintain a good technical knowledge of relevant tax policies and processes
 
Systems
  • Responsible for helping to implement the ISP core accounting platform, Netsuite, and supporting the implementation of other key ISP core systems such as Engage (MIS), Cezanne (HR) and 360 (Health & Safety)
  • Support the Group Financial Systems Administrator, where necessary, to maintain fit-for-purpose Management Reporting Systems, for the region.
  • Provide feedback, suggestions and input from the region, to help develop the systems and facilitate efficient and consistent finance processes and reporting across the region.
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Team Leadership
  • A key representative for ISP in the region
  • Provide leadership across the region together with the Regional Managing Director and the Regional SMT team members, including Heads of Schools and functional heads.
  • Provide leadership to all finance personnel in the region
  • Member of ISP’s Group Finance Legal and Technology Leadership team
 
Skills, Qualifications and Experience 
 
  • Qualified accountant, ideally big 4 qualified with significant experience of operating at a senior level in a commercial environment, ideally in a senior financial role reporting into an overseas Head Office structure
  • Fluent in English
  • Has worked in the region and understands the regions culture and its impact on doing business in an international group
  • Comfortable in setting policy and direction and influencing others in the achievement of objectives, also in areas other than own expertise area
  • Demonstrable success in previous roles requiring commercial, business and strategic understanding
  • Strong understanding of tax and statutory accounting issues in the region
  • Knowledge of IFRS
  • Strong interpersonal skills with the ability to build relationships at senior levels of the organisation and influence key stakeholders.  Ability to understand the business context to draw an appropriate balance between control and giving schools freedom to operate
  • Strong people management skills and emotional intelligence
  • Ideally will possess some international experience
  • Flexibility and a willingness to travel across the region
 
ISP Leadership Competencies  
You consistently demonstrate and role-model the ISP Leadership Competencies in all that you do.
 
  • Collaboration. Takes an active part in leading their school or region; is cooperative and a genuine team player, developing positive, supportive relationships with colleagues to solve problems and maximise opportunities.
 
  • Learning & Getting Better. Continually demonstrates personal commitment and passion for learning and getting better using evidence and feedback; supporting others in their continual learning, development and growth.
 
  • Innovation Leadership. Is good at creating an environment where ideas for learning initiatives and services are generated and is able to motivate and inspire others through the process of creation through to completion.
 
  • Outcome driven. Can be counted on to find solutions. Is consistently looking to exceed goals and is focused on KPIs.
 
  • Resilience. Can deal with setbacks and challenges calmly and effectively.
 
  • Community Focus. Is committed to meeting and exceeding the needs and expectations of our students and their families.
 
  • Integrity & Ethical Management. Has the ability to work ethically and with integrity; helps others feel valued; upholds and models the ISP Vision, Purpose and Principles.
 
  • Leading & Inspiring Others. Supports, encourages and inspires students, colleagues and teams so that they give their best.
 
  • Understanding People. Is a very good judge of talent, can objectively articulate the strengths and motivations of people inside or outside the organisation.
 
  • Influencing & Communication. Consistently informs, influences and inspires students, parents and colleagues through timely and effective communication.
 
  • Agile. Responds and adapts to changing circumstances; manages and solves problems by providing solutions in a climate of ambiguity.
 
  • Strategic, Commercial & Financial Awareness. Has the ability to apply understanding of the business and industry to improve effectiveness and profitability.
 
  • Planning & Decision Making. Makes decisions on the best course of action and then plans, organises, prioritises and balances resources to achieve the desired outcome.
 
  • Diversity & Equity. Has the sensitivity, awareness and skill to understand the values, behaviours, attitudes and practices across cultures that supports all children and adults to learn and work effectively.
 
 
ISP Commitment to Safeguarding Principles  
ISP is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment.
All post holders are subject to appropriate vetting procedures, including an online due diligence search, references and satisfactory Criminal Background Checks or equivalent covering the previous 10 years’ employment history.  
 
 
ISP Commitment to Diversity, Equity, Inclusion, and Belonging
ISP is committed to strengthening our inclusive culture by identifying, hiring, developing, and retaining high-performing teammates regardless of gender, ethnicity, sexual orientation and gender expression, age, disability status, neurodivergence, socio-economic background or other demographic characteristics. Candidates who share our vision and principles and are interested in contributing to the success of ISP through this role are strongly encouraged to apply.
 
 
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