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  • Job reference: RMS0143121

Operations Controller

  • Sector: Commercial
  • Location: Bangkok
  • Job type: Permanent
  • Date posted: 14/07/2014
  • Time left:
    d h m s
    (14/08/14)
This vacancy has now expired.
The Role:
* Responsible for the overall financial management and profitability of the Segment within a GeoMarket. * Responsible for monitoring the working capital within the Segment such as Asset efficiency measurement/tracking and optimization of inventory level. * Able to assess customers for credit limit, identify at risk receivables and follow up with sales/customer to ensure overall reduction in receivables and DIR. * Understand store processes to ensure optimal store' level by category of M&S. * Understanding of inventory processes, days on hand, evaluating obsolescence provision adequacy, and assessment of future business needs. * Highlights trends on cost inflation and identifies opportunities to save/reduce discretionary spend to supply chain. * Works closely with the Operations to ensure that the operations within the GeoMarket is conducted in compliance with the local laws (i.e. importation, license to operate, bidding requirements...etc) * Ensures that all financial transactions are recorded in compliance with the SLB policies and procedures. Ensure adherence to corporate ethical policies and internal controls. Organize periodic audits internally and assist in external audits. * Practical application of Segment specific accounting complexities such as Costs/Revenue recognition (e.g. Performance based, gain share, multi-elements, Bill & Hold, IPM) as well as Segment's Finance Procedures * Reviews all major tenders (risks and opportunities), contractual terms and evaluate impact on IBT associated with pricing in bids vs. optimization of people/resources (i.e. FA, Inventory, M&S...). * Understanding of Segment value proposition, price structure, and technology differentiators vs. Competitors. * Identify Vendor re-pricing opportunities and participate in major contract negotiation with Supply Chain Services. * Ensure timely completion of Balance Sheet notes for segment specific accounts and assess exposures (including currency risk) * Analyse utilization ratios (both in tools and people) with view to highlighting inefficient locations/sub-segments and opportunities to maximise value of resources. * Coordinate the preparation of all financial forecasts and ensure that the goals are challenging but realistic relative to overall market expectations and available resources. * Review and examine the financial impact of new and existing investment opportunities with a view to maximizing the Segment's return on investment (ROI). * Train line managers to interpret and comprehend financial statements and principles, and coach them regarding key business segment drivers. Answer inquiries regarding financial assets, recommend policies, and advise and council line management.
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