Lg Finance Director

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The  Director of Industrial Controlling LG Business Unit  is a pivotal leadership role spearheading the strategic financial controlling function for the entire LG BU across all the production plants and Industrial poles.

This entails rigorous management of a dedicated team of 5 Controllers, ensuring unparalleled consistency and excellence in cost control, comprehensive financial reporting, meticulous budgeting, and unwavering compliance.

The incumbent  cultivates an exceptionally robust partnership with the Industrial Director of the LG Business Unit ,  serving as a trusted strategic advisor  by delivering incisive, value-driven reporting and continuous, expert consultation vital for critical strategic decisions.

Functioning as the indispensable right-hand to the Industrial Director, this position orchestrates seamless functional intermediation between the Finance Department and the dynamic LG Business Unit.

Ultimately, this role is paramount in relentlessly driving operational efficiency, significantly enhancing cost transparency, and profoundly influencing strategic decision-making at both plant and corporate levels.

Delegations and Responsibilities
This position entails a  Director-level executive responsibility  with overall scope for the LG BU and involves active participation in key decision-making and  governance bodies .

Establishes a solid and constant relationship with the Industrial Director of the LG Business Unit.

The Head of Industrial Controlling LG has the mandate to structure, improve, and develop the best industrial controlling best practices for the strategic development of the LG business.

Build, manage, and develop a high-performing industrial controlling team, providing mentorship, training, and professional growth opportunities.

Ensure constant interaction and seamless functional intermediation between the Finance Department and the LG BU, facilitating communication and the alignment of financial objectives with operational and industrial ones.

Ensure alignment of local practices with corporate financial and controlling standards.

Facilitate regular team meetings, knowledge sharing, and performance reviews.

Oversee month-end closings, cost center reporting, and analysis across plants/

Ensure standard cost structures are implemented and maintained uniformly across sites.

Develop and enforce consistent policies for inventory valuation, fixed asset management, and cost allocations.

Conduct in-depth analysis of business scenarios, industrial investments, and efficiency projects, providing clear and actionable recommendations to the BU leadership and the Finance Department.

Identify, assess, and mitigate financial and operational risks related to industrial processes, proposing action plans and monitoring the effectiveness of implemented measures.

Budgeting, Forecasting & Variance Analysis

Coordinate annual budgets and rolling forecasts across all plants and Industrial Poles.

Consolidate and analyze plant performance metrics including COGS, variances, labor, and overhead efficiency.

Coordinate and consolidate the annual budget process and periodic forecasts for industrial costs, including production costs, labor, raw materials, factory overheads, and depreciation.

Develop robust and accurate forecasting models for industrial costs, monitoring…