The Apex Group was established in Bermuda and is now one of the world's largest fund administration and middle office solutions providers. Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services.
With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across offices worldwide.
Your career with us should reflect your energy and passion. That's why, at Apex Group, we will do more than simply 'empower' you.
We will work to supercharge your unique skills and experience. Take the lead and we'll give you the support you need to be at the top of your game.
And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities. The Regional FD will be ultimately responsible for the finance function of the Middle East and Africa Region of Apex Group. The candidate will be expected to ensure the various entities' financial records are up to date, accurate, and delivery of their duties is in line with Group requirements.
The role thus requires a direct interface with the other finance areas as well as the heads of the relevant business operations and third parties. In addition to the oversight of the historical financial results, the Regional FD will play a key role in coordinating the requirements of Group Finance along with that of the business.
This includes oversight and management of the activities performed by the entire finance function as well as closely engaging with the Local Managing Director ("LMD") and business managers within the Division. As the senior finance role player for the division, the individual will be responsible for delivering, analyzing, and interpreting the finance outputs and reporting so that these are shared appropriately to maintain a stable, compliant, and well-controlled trading environment.
The role will thus involve management of the team and close working with the MDs and the underlying business managers and reporting and presenting of the financial results to these individuals and entity Boards. Job specification: To maintain the finance function, the Regional FD will work with the Senior Financial Controller, MDs, and Service Group Heads to ensure financial information is appropriate for managing the business and its risks.
Obtain a thorough understanding of the Division's business, its competitors, risks, opportunities, and challenges to ensure appropriate judgement is applied in making strategic decisions. Provide overall support, leadership, and control over the finance staffing and the cost of the finance function for the Division. Review and assess the processes within the Divisional finance function to seek out process improvements and customizations required to ensure best practice is implemented and efficiencies are shared.
Engage with the business to drive strategy and ensure the financial aspects of strategic decisions are appropriately considered. In conjunction with central treasury and the finance team monitoring cash, ensure funding requests and loan repayments are managed so that operating entities have appropriate balances to continue meeting their obligations.
Adherence to all applicable Reserve Bank legislation for cross-border payments and executing relevant payments approvals as is required. Represent the finance function as required where business requires finance representation in discussions with clients and other third parties. Ensuring the overall delivery of the required financial outputs on an ongoing basis in accordance with predetermined deadlines to the business, Group Finance, and other third parties.
Initiate and oversee reporting and analysis as required to provide value through ongoing and ad-hoc financial information to the business. Overall responsibility for the Division's statutory and regulatory reporting and filing including financial audits. In conjunction with the wider Finance teams, ensure the risks, administration, and compliance with income tax, transfer pricing, and VAT rules are understood, adhered to, and regularly reviewed.
Obtaining necessary opinions to remain in good standing, and new changes made are in line with these requirements. Representing the Divisional users of accounting systems, participate in decisions for development and investment in finance systems in conjunction with other Senior Financial Controllers, Group Finance, MD, and Service Group heads.
Ensuring that proper internal financial controls and operational policies, procedures, and checks are in place for the Division to maintain the integrity of the accounting records, and to minimize risk of errors and omissions, and misappropriation of company assets. Responsibility for the finance component of delivering annual Divisional budget data and monthly cash and P&L forecasts in accordance with predetermined deadlines and budgeting parameters.
Implementing corporate governance good practice together with the company secretarial department in all financial procedures, such as the AFS preparation process, contracting for new services, dividend and loan advances, etc. Other: Responsibility for ensuring that various reporting requirements imposed by contractual commitments are completed on time. Implementing cost-cutting measures, streamlining processes, and increasing revenue collection ability. Negotiating contracts such as leases, insurance, and other supplier contracts. Participating in due diligence reviews and financial analysis of other businesses, as required by the Division and Group Finance.
The Regional FD may also be required to assume responsibility for certain office administration, directorship, and management functions.
Skills Required: