Finance Process Manager Europe

About Us

Elementis is a global specialty chemical company, with 1,300 employees operating 17 manufacturing sites across the globe. At Elementis, we bring a distinctive combination of expertise, innovation, and teamwork to every formulation challenge. We create high-value specialty additives that enhance the performance of our customers' products and make a positive change in the world. Combining our leading positions in the science of materials flow, surface modification, and formulation with access to unique natural materials, Elementis delivers unique chemistry, sustainable solutions to customers in a wide range of markets, including cosmetics, anti-perspirants, decorative and industrial coatings, automotive and ceramics.

Job Description Summary

The Finance Process Manager will work closely with the European Regional Controller and wider finance team to improve the Group’s financial controls and processes, to ensure compliance with Group wide policies and to contribute to the effective execution of finance related projects and improvements. This will include:

• Day-to-day interactions with our global outsource provider for general ledger, accounts payable and accounts receivable activities;

• Working with our in-house finance teams and global outsource provider to streamline and enhance both the functioning of the finance team and the wider internal control environment;

• Playing a lead role in the execution of key finance improvement and transformation projects; and

• Providing assistance to the wider Group on various ad hoc finance projects.

Job Description

Responsibilities:

• You will assist the European Regional Controller and wider finance team with daily finance operations, including tasks such as account reconciliation investigations, journal reviews, preparation of inputs for the annual operating plan and forecasts, and problem-solving issues as they arise.

• You will be responsible for working with both internal stakeholders and our global outsource provider to drive standardisation, simplification, automation and performance improvement.

• You will develop and implement increased automation across the finance function in line with our digital agenda and agreed finance transformation initiatives.

• You will develop standard balance sheet reconciliation templates in accordance with the Group’s balance sheet reconciliation policy and be responsible for reviewing the monthly reconciliations undertaken by our global outsource provider and resolving any issues.

• You will provide support on both internal and external audit requests and work closely with the external audit team to ensure a smooth audit process.

• You will manage the monthly close task list and work closely with the wider team to reduce the number of days taken during the month end close from the current 8 days down to 4 days.

• You will work closely with the Head of Risk and Controls to ensure that all European processes are mapped and kept up to date, and you will be responsible for working to close and eliminate control gaps across the European region.

• You will design and implement a more efficient global recharges methodology for the Group.

• You will lead the pilot for a more effective and long range cash forecasting process and be responsible for the refinement and implementation of the initiative.

• You will be responsible for managing the day-to-day activities associated with the accounts receivable factoring and supplier financing programmes, along with supervising the credit card transactions and controls.

• You will be responsible for developing and maintaining the IFRS16 master data for Europe and calculating the monthly entries.

• You will be responsible for leading our project to to implement a group wide finance ticketing system, working closely with the IT team.

• You will be a key finance lead for the ERP reimplementation project which will begin in 2025, working closely with the IT team and a wide range of finance and non-finance stakeholders to ensure a smooth transition and integration.

• You will assist the Group Finance team and, from time to time, the wider Elementis teams with ad hoc projects.

Job Competencies:

1. Building effective teams: Building, motivating and leading effective teams is critical to the successful operation of the finance team. The role will be required to build strong relationships with our outsource provider and finance teams across the wider Elementis organisation.

2. Action orientated: Taking on new challenges with enthusiasm and dynamism is key to successfully advancing the finance transformation project.

3. Communicates effectively: Effective communication wit