Finance Manager

PEAK Adventure Travel

NAME:

REPORTING TO:

General Manager – PEAK DMCTurkey

POSITION TITLE:

Finance Manager – Turkey

DIRECT REPORTS:

Accountants, Finance Assistants

DEPARTMENT:

Finance

LOCATION:

Istanbul, Turkey

Operational Accountabilities of Role

Benchmark Measure

Business Performance Management

Oversee the financial performance of the business to achieve financialtargets

Assist and support General Manager in implementing necessary steps ifachievement of targets if jeopardised

Establish and maintain accounting systems which meets PEAK’s regional business needsand aligns with the global business

Agreed accounting systems and processes are implemented and maintained within timeframe and budget

according to PEAK requirements

Researching and implementing appropriate accounting standards and government legislation and ensuring all requirements are met

Ensuring the maintenance of adequate cash reserves for working capitalrequirements and other requirements

Finance Team Management

The support and development of all staff in the Finance staff, including the co-ordination of work conditions, workloads, recruitment, training, staffappraisals and other Human Resources issues

Department goals set and met Performance ratings of each staff Staff survey ratings

The development, communication and enforcement of PEAK’s accounting

policies and procedures, and ensuring consistency of practice.

Management Reporting

Monthly reports to tax department and annual financial statements are filed by required time frames

Overseeing preparation and completion of Monthly / Quarterly and Annual

Reporting of P&L, Balance Sheet, Cashflow and Group Disclosure Needs

Company tax planning

Tax strategy developed and implemented as required

Statutory Compliance

Overseeing production of monthly reports to Tax Department and

government agencies by required timeframes

Corporate Governance

Develop and apply appropriate corporate governance principles as

required, including PEAK internal control checklists

Maintain accurate records of accounting transactions

Monthly reporting to management group with budget updates within required timeframes

Monthly and yearly reports produced as per Company deadline (including P & L and balance sheet)

Completion of annual report according to country guidelines Monitor financial systems for accuracy

Establish and implement processes and systems

External Audit

Management of external audit process

Audit completed in accordance with group reporting requirements and

local statutory reports are lodged by required dates

Budgeting & Forecasting

Annual budgeting and quarterly rolling forecasting process implemented

and maintained in accordance with group requirements

Intercompany transaction processing

Set and monitor accountabilities for staff according to SLA requirements and other requirements

Ensure accuracy and timeliness through development, coaching and

support to staff

Cost management

Development and management of key third party supplier relationships to minimize cost of business in key financial processes (including overhead costs of banking, audit, legal, telecommunications, premises)

Cost competitive trading terms implemented.

Pricing

Being fully involved in the trip pricing process, by providing financial analysis and POV in order to meet performance expectations in terms of

Growth and Profitability goals.

Investment Appraisal

Financial analysis of new business activities including NPV / ROI

calculations as required

Relationship Management

Provide active support to leaders and office staff in dealings with our

banking partners in the region

Oversee workplace relations and compliance with employment laws

Changes to work conditions are communicated to staff.

Work with General Manager to ensure all contracts and HR-related documentation are in full compliance with relevant laws and global

policies at all times.

Other Accounting Duties

Assist teams in day to day accounting duties as required due to staff

annual leave, high season deadlines etc