Jack Roozenburg on LinkedIn: Portfolio Manager Finance (2024)

Playing a high-stakes game without a strategy: managing a $50 Billion business unit without a OPEX lead. A hiring freeze can often leave teams in a bind, just as it did for our client — a Chief of Staff for a C-level executive at a $50B+ business unit.That’s where a Keenan Reid Strategies fractional consultant came in for a 12-week sprint. This consultant was an expert in strategic finance and capital allocation, which was exactly what the client needed. The result? A solid budget structure, a streamlined reconciliation process, and a junior resource trained in the capabilities needed for daily budget management. The client went from chaos to clarity.Curious about the details? Read the full case study on the Keenan Reid website. (link in comments)

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A Finance Manager's role extends beyond financial management, and they often contribute to various aspects of business operations, including:1. Strategic Planning: Providing input on business strategy, growth initiatives, and decision-making.2. Operational Efficiency: Identifying opportunities to improve processes, reduce costs, and enhance productivity.3. Leadership and Mentoring: Guiding and developing team members, sharing financial expertise, and fostering a culture of financial literacy.4. Business Development: Collaborating on new business initiatives, market analysis, and competitive research.5. Risk Management: Identifying and mitigating operational risks, ensuring compliance with regulations and policies.6. IT and Systems: Evaluating and implementing financial software, systems, and technologies to enhance efficiency.7. Supply Chain Management: Optimizing procurement, inventory management, and logistics to reduce costs and improve cash flow.8. Human Resources: Partnering on compensation, benefits, and talent management strategies.9. Marketing and Sales: Providing financial insights to support pricing, revenue growth, and customer acquisition strategies.10. Business Analytics: Analyzing data to drive business decisions, identify trends, and measure performance.By contributing to these areas, a Finance Manager can have a broader impact on the organization, drive business success, and demonstrate their value beyond traditional financial management responsibilities.

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Basic Functions of financial management: 1/4🚀 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬:One of the main roles of the financial manager is to ensure that the company's funds are used effectively and efficiently, aligning with the organization's goals. The investment decisions made by the financial manager can be broken down into two segments:1. 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐩𝐩𝐫𝐚𝐢𝐬𝐚𝐥2. 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐀𝐩𝐩𝐫𝐚𝐢𝐬𝐚𝐥:Investment appraisal considers the organization's long-term plans and identifies the right projects that should be undertaken to meet financial objectives. The financial manager utilizes techniques such as ROCE, Payback Period, Net Present Value calculation, etc., to assess the feasibility of projects. This is done to determine if the project will indeed add value to the organization.𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭:For a business to be successful, in addition to identifying and implementing potentially successful projects, it must effectively manage day-to-day operations. Working capital management addresses this aspect of the organization. The financial manager ensures that all aspects of the organization's working capital (Receivables, Payables, Inventory) are properly managed. The financial manager ensures that receivables are collected promptly, debts are paid back promptly, and inventory levels are optimized.This is the function of the financial manager concerning strategic investment decisions. 💼Tags: #finance #workingcapital #investment #financialmanager

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Bringing Treasury in-house for the first time?Many SME or PE-backed organisations in the Benelux currently have an increased focus on cash visibility, capital allocation and forecasting, this is driving demand for in-house treasury professionals and creating new treasury job opportunities. See our guide on how to go about your first treasury hire.#treasury #privateequity #smebusiness #tax

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I’m a Finance Executive at an O&G company. Strategic Planning, Budgeting, Accounting, and Risk Management are just a few items that I’m responsible for.The oil business is tricky. We contend with pricey investments, uncertain returns, and volatile markets influenced by everything from supply-demand mechanics to global politics to economic trends. Sound financial management becomes crucial in navigating these choppy waters. It's not just about long-term strategies. Day-to-day insights, immediate financial snapshots, and staying ahead of market changes are all part of today's game.It used to be thought that cutting costs would compromise operations. Not anymore. We have trimmed expenses without sacrificing value. It's beyond just basic accounting: optimizing capital structures, effective financial planning, managing risks, and smart tax planning are adding value. This ensures our operations run smoothly and expenses stay aligned with budgets, which is essential for the bottom line.To manage and navigate the above, my staff and I need to be able to see how adjustments in operations could play into our financials in real-time. I’m an expert, so I’ll need to analyze, stress-test, and incorporate outputs from any model into my own models. Still, if someone could get me quickly and accurately to bottom-line free cash flow in a repeated way, I could take it the rest of the way from there. ----------Does this resonate with you? Want to know how the story ends? Direct message us, and we’ll show you inside Zeno.#OilandGas#FinTech#UnlockWithZeno#RealTimeRealResults

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Considering a finance transformation initiative? Don't overlook the pivotal role of Project Managers! Here's why:🧠Risk Mitigation: From data inaccuracies to regulatory compliance hurdles, finance projects are fraught with risks. A project manager identifies potential pitfalls, develops mitigation strategies, and keeps the project on course.🧠Resource Optimization: Managing personnel, technology, and budgetary resources demands finesse. A project manager allocates resources judiciously, keeping the project on track without overspending.🧠Cost Control: Finance projects can quickly escalate in cost. A project manager keeps a vigilant eye on expenses, identifying opportunities for savings and ensuring adherence to budgetary constraints.🧠Timeline Mastery: Deadlines matter in finance transformations, especially amidst regulatory changes. A project manager sets clear timelines, monitors progress, and intervenes as needed to ensure timely completion.🧠 Complexity Taming: Finance transformations involve intricate processes, data streams, and stakeholder dynamics. A skilled project manager navigates this complexity with ease, ensuring smooth coordination and integration.🧠Stakeholder Engagement: Effective communication is the bedrock of successful projects. A project manager serves as a liaison between finance teams, IT departments, executives, and external partners, fostering collaboration and alignment.🧠Quality Assurance: Accuracy and reliability are non-negotiable in finance. A project manager implements rigorous quality assurance processes to uphold data integrity and system functionality.🧠Business Objectives Achievement: Finance transformation aims to align financial processes with broader business goals. A project manager translates these objectives into actionable plans, steering the project towards success.

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A strong finance manager plays a critical role in the financial health and overall success of an organization. Here are some key reasons why your company should hire you for the finance manager position:Strategic Financial Planning and Analysis: You can develop and implement sound financial plans that forecast future revenue, expenses, and cash flow. This allows the company to make informed decisions about investments, growth strategies, and resource allocation.Financial Expertise and Controls: You possess a deep understanding of financial accounting principles, tax regulations, and risk management strategies. This expertise translates to implementing strong financial controls to safeguard assets, ensure accurate reporting, and minimize financial risks.Cost Management and Profitability: You have a keen eye for identifying cost-saving opportunities and streamlining financial processes. This focus on efficiency helps improve profitability and the company's bottom line.Financial Reporting and Communication: You can clearly analyze and interpret complex financial data, translating it into actionable insights for management and stakeholders. Your strong communication skills allow you to effectively present financial information to both technical and non-financial audiences.Decision Making and Collaboration: You can leverage your financial acumen to provide valuable guidance and support strategic decision-making across the organization. You are also a team player, fostering collaboration with other departments to ensure financial alignment with company goals.By highlighting these aspects of a finance manager's importance, you can effectively demonstrate the value you bring to the table and increase your chances of landing the position.

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💼 Transforming Project Finance with the Right Talent 💹In project finance, precision matters. Financial modeling is the cornerstone of accurate projections and risk assessment.Our service is your partner in finding professionals who excel in financial modeling. Elevate your project finance endeavors with a team that delivers results. Connect with us now! info@finmodex.com#Hiring #FinancialModeling #ProjectFinance

Forecasting is the most interesting and challenging part of my job.Since 2011, when I started my career in finance as an entry-level analyst, until now as a VP, I've enjoyed forecasting. It’s a crucial aspect of corporate finance--helping set realistic strategic goals, allocate resources, and identify potential financial risks. Accurate forecasts build stakeholder confidence, guide capital allocation, and enhance operational efficiency.Here are my top reasons why financial forecasting is so important:-Strategic Planning: Financial forecasts provide a foundation for strategic planning and decision-making. They help businesses set realistic goals, plan for growth, and allocate resources effectively.-Budgeting: Forecasts inform the budgeting process by estimating future revenue, expenses, and capital requirements, ensuring budgets align with expected financial performance.-Risk Management: By predicting potential financial outcomes, businesses can identify risks and develop strategies to mitigate them, helping to avoid financial pitfalls.-Performance Measurement: Financial forecasts serve as benchmarks for evaluating actual performance. Variances between forecasted and actual results highlight areas needing attention.-Operational Efficiency: Forecasts help optimize operations by anticipating demand, managing capacity, and ensuring resources are available when needed.-Scenario Planning: Developing multiple scenarios (e.g., best-case, worst-case, most likely) accounts for uncertainty and various possible outcomes, aiding in understanding the range of potential futures.By implementing these practices, we can create reliable financial forecasts that support strategic decision-making and help navigate the future with greater confidence.

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10 REASONS TO CONSIDER HIRING A PORTFOLIO FINANCE DIRECTOR4. Tailored FlexibilityWith a portfolio FD, support levels can be varied and customised to the evolving needs of the business, tailoring the FD’s time accordingly. Increased support can be dialled up at critical times, reverting to a more consistent level when appropriate.#bespokesolutions #support#portfolioFD

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