Interim Finance Director
Interim Finance Director - Up to 9 months
Our client is a successful c£40m turnover business which is seeking to restructure and refocus its business in line with a change of business strategy. A change programme is planned to implement the new strategy which involves redefining and reshaping the business’s cost base, and refocusing its revenue drivers on new and potentially fast growing market sectors. An experienced and hands on interim Finance Director with sound commercial acumen and experience of restructuring/driving change is required to work closely with the Chairman and management team.
Key areas of the role include assessing and achieving the right size and composition of the cost base, building financial, budgeting and forecasting models, managing working capital during the change period (the business is in a strong financial position with no debt and substantial cash reserves), working with operations to define new processes where required, supporting the sales team in bidding for and negotiating new contracts.
Key skills required are experience of change management, business modelling, restructuring, contract negotiation, excellent relationship building and communication skills.
The role will evolve and is expected to last for approx 9 months. There will be a permanent Finance Director requirement at the end of the change programme but it is yet to be seen as to exactly what this will look like once the restructure has been implemented.