Group Chief Financial Officer

Surte/Göteborg, Sweden
Application deadline: 2022-05-31

We want to power a better world – are you ready for the challenge?


KraftPowercon is a global leader in industrial power conversion. And we meet the customer demands of today and tomorrow with innovative solutions, products, and services that ensure efficient, green, and reliable processes.

KraftPowercon was founded in 1935, and you find our headquarters in Surte, Sweden. In addition to our five production facilities in Sweden, China, and India, we have sales offices worldwide.

Right now, we need a new group CFO who will be part of our management team. The role is global and includes leading a team tasked with handling group financial reporting, forecasting and audits, control functions, budget, and bank and investor relations. As the CFO’s actions impact our business results and operational effectiveness, we seek someone both business- and compliance-oriented. Does this sound like the perfect challenge for you? If yes, you are most welcome to join a company with a clear purpose – to power a better world.

Which are your primary responsibilities?

  • Developing financial goals and aligning these to our business goals – plus a roadmap to make this happen
  • On-time delivery of high-quality group financial and business reports, including monthly MIS, cash flow reports, quarterly reports, and annual audits (standalone and consolidated)
  • Developing local financial control processes, reporting templates, and reporting schedules together with our group companies
  • Implementation and ownership of our financial process descriptions
  • Running our annual budgeting process, monitoring performance versus budget, and recommending corrective actions 
  • Act as our finance control function (you analyze, report, and introduce control mechanisms for gross product margins, overhead costs, finance costs, and investments)
  • Developing and maintaining policies for group credit and currency handling (including intercompany trading)
  • Cash flow management
  • Addressing legal matters such as intellectual property issues
  • Ensuring statutory compliances, including tax payments and insurance covers, together with our local finance teams
  • Building even better relations with bankers and investors
  • Engaging in raising new debt/equity and mergers and acquisitions
  • Represent the group finance function and act as secretary at board meetings
  • Corporate governance and structure

  

Does this sound like you?

You have a university degree in finance, economics, business administration, or similar. You have several years’ experience in international management functions and updated knowledge of local and international standards, IFRS, and US GAAP. As a person, you are analytical, sales- and business-oriented, and combine proven leadership skills with a firm belief in the need to be a team player. Naturally, you are fluent in Swedish and English.


The position is placed at our headquarters in Surte, just outside Göteborg. For more information about the position, please contact Ranjit Jakkli, CEO/ + 46 (0) 703 964 894. If you have questions about the recruitment process, please contact Patrik Stoppert, HR Manager, +46 (0)706 959 682. We apply a continuous selection process and look forward to your application as soon as possible.

Contact person

Patrik Stoppert

patrik.stoppert@kraftpowercon.com

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