The main responsibilities of the Finance function are to be an internal service provider to the other functions in the Group, and to provide excellent service to all colleagues.

To be a bit more specific, the spread of responsibilities for Group finance covers all areas from accounting, financial and business controlling, financial reporting, compliance, strategy realization and M&A activities.

The role of a financial function is in constant change. Over the last few decades, the role of the CFO team has undergone a profound shift. The historical tasks of the finance function such as books and records, financial reporting, and statutory compliance continue to be important but are now taken for granted. The finance function of today and tomorrow must be able to take financial data and use it to influence operational decision making and strategy.

Modern finance needs modern tools. New technology and automated processes have relieved finance teams of repetitive, manual tasks so the team can focus on adding value to the organization. By investing in new and modern technology combined with financial and data analysis it will guide the finance department into the digital future to integrate the financial goals with the organization’s overall business strategy. By doing this we aim to collect, organize and analyze financial data and then use it to help drive organizational improvements through process optimization, performance management, and pursuing opportunities to cut costs while increasing value.

We work towards data being real time and easily accessible. This is why self-service is so powerful, it includes every corner of the business. Access to data not only helps the finance team make better decisions, it helps all of us make better decisions. Real-time data enables immediate action, allowing Simployer to be proactive by seizing opportunities or preventing problems before they happen. Accurate and comprehensive insights bring Finance, HR, Sales and every other team into a conversation where everyone understands the goals, sees the progress, and can strategically balance people, costs and business needs.

This is also true for compliance – new tools and ways of working, enables us to have good oversight over our operations, enabling us to identify risks and mitigate them, preferably also before they become a threat, either from a security-, reputational- or legal standpoint, and with the financial risks attached.