As the Logistics Finance Lead, you will be responsible for overseeing all financial aspects related to our logistics operations. You will play a critical role in ensuring the efficient management of financial resources and driving financial performance within the logistics department. Key Responsibilities:
Financial Planning and Analysis:
Develop and implement financial strategies and plans for the logistics department to support business objectives.
Conduct financial analysis, forecasting, and budgeting to optimize resource allocation and improve cost efficiency.
Provide insights and recommendations to senior management based on financial analysis and performance metrics.
Cost Management:
Monitor and analyze logistics costs, including transportation, warehousing, and inventory management expenses.
Identify opportunities for cost optimization and efficiency improvements throughout the logistics supply chain.
Implement cost control measures and initiatives to achieve financial targets and enhance profitability.
Financial Reporting:
Prepare and present comprehensive financial reports, including variance analysis and key performance indicators (KPIs), to track and assess logistics financial performance.
Ensure accuracy and integrity of financial data and compliance with regulatory requirements and accounting standards.
Collaborate with internal stakeholders to provide financial insights and support decision-making processes.
Vendor and Contract Management:
Evaluate vendor contracts and negotiate favorable terms and conditions to minimize costs and mitigate financial risks.
Establish and maintain effective relationships with logistics service providers and suppliers to optimize procurement and contracting processes.
Monitor vendor performance and adherence to contractual obligations to ensure alignment with financial goals and objectives.
Team Leadership and Development:
Lead and mentor a team of finance professionals within the logistics department, fostering a culture of accountability, collaboration, and continuous learning.
Provide guidance and support to team members in executing financial responsibilities and achieving departmental goals.
Conduct performance evaluations, set objectives, and provide ongoing feedback and development opportunities to enhance team effectiveness.
Requirements Qualifications:
Bachelor's degree in Finance, Accounting, Business Administration, or related field; MBA or relevant advanced degree preferred.
Proven experience in financial management, preferably in logistics, supply chain, or related industries.
Strong analytical skills with the ability to interpret financial data, conduct variance analysis, and develop actionable insights.
Proficiency in financial planning and analysis, budgeting, forecasting, and financial modeling.
Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior management.
Demonstrated leadership capabilities, including the ability to inspire and motivate team members, drive performance, and foster a culture of excellence.
Strategic mindset with the ability to think critically, solve complex problems, and make sound decisions to achieve financial objectives.
Proficiency in financial software and tools, such as ERP systems, Advanced Excel, and data visualization tools.
