Finance Director

Expiring today

Recruiter
FD Recruit
Location
Hastings, East Sussex
Salary
£80,000 per annum
Posted
13 Jun 2019
Closes
16 Jun 2019
Ref
1156083238
Position/Level
Professional / Specialist
Responsibilities
Analyst
Contract Type
Permanent
Language
English
An exciting and challenging opportunity has arisen for a tenured and ambitious Finance Director to join a newly created business entity carved out from a larger group and formed following a very recent Private Equity backed MBO. Based near Hastings, this well respected operation, require a commercially focussed senior finance professional to provide finance, accounting and commercial support across the organisation during this crucial start up period and to deputise operationally in the Managing Director's and Production Director's absence.
Reporting to and working in conjunction an Entrepreneurial Managing Director, the role will initially be focussed on the set up of robust accounting procedures but the long-term focus of the FCD will be working with the MD to drive the business forward towards new markets and lines of business. The potential road map for this role is for it to quickly grow the business leading to the eventual exit of the Private Equity partners and the business securing second round financing for the further growth of the business.
Previous experience of working for a Private Equity backed business as an FD is essential and within Manufacturing or a Construction Products related business is highly desirable.

Key duties will encompass:
  • Establish a fit for purpose finance function;
  • Implement, develop and maintain appropriate finance systems and processes to control and manage the company's financial affairs;
  • Manage the finance and, with the Managing Director, commercial, administration and production teams;
  • Work with the executive team to establish the company's budgeting, forecasting and other planning tools;
  • Prepare and review budgets;
  • Update forecasts with risks and opportunities to current plan;
  • Monitor and report on Key Performance Indicators (KPIs);
  • Analyse historic performance data, understand and explain variances and implement improvements;
  • Work closely with managers and colleagues to plan, monitor and report on performance against budgets;
  • Implement comprehensive treasury and cash management operations including 13 week cash flows and foreign exchange planning (USD, EUR and GBP);
  • Prepare finance reports, including cash flow forecasts, as required;
  • Organise and prioritise workloads and work to strict timetables;
  • Analyse impacts of change and advise accordingly;
  • With the MD, formulate strategic and long-term finance plans;
  • Research and report on factors influencing change performance.
  • Oversee the work and performance of the Accounts Assistant;
  • Conduct reviews and evaluations for cost-reduction opportunities;
  • Keeping abreast of changes in financial regulations and legislation and help ensure best financial management practice is always applied;
  • Manage the company's VAT, Corporation Tax, PAYE and other tax affairs;
  • Manage the company's legal and company secretarial affairs, IT and HR capabilities


About you:
  • A degree and appropriate professional Certification (ACA, ACCA or CIMA) - Qualified accountant.
  • Strong commercial awareness with good basic financial knowledge and experience
  • Experience of utilising financial software and strong MS Excel skills.
  • Ability to simplify problems in order to explore and evaluate them systematically with strong attention to detail.
  • Ability to spot errors and mistakes at an early stage.
  • Ability to communicate easily with non-finance staff with experience of interacting with all levels within a business including operational managers - a good networker who can build trusting relationships and can motivate others.
  • Ability to prioritise and plan activities taking into account all the relevant issues;
  • Ability to work effectively under pressure and deliver results to tight deadlines.
  • Enthusiasm, resilience, drive and commitment;
  • Creative and analytical problem solving skills to ensure effective delivery of outcomes.
  • Strong numeric skills, logic and quick thinking;
  • Being discrete with excellent inter-personal and communications skills.
  • Experience of risk assessment and management;
  • Methods and techniques for preparing and presenting business cases, and delivering effective reports and presentations;
  • Experience of managing tax, legal, IT and HR affairs.
  • Ability to quickly assimilate knowledge from outside own area of expertise;
  • Passionate about ensuring that all products and services are delivered in the best possible way, with customer focus;
  • Looks to leverage knowledge, experience, approaches/solutions from different parts of the Group;
  • Continual search for quicker, repeatable solutions to common risks

This is a fantastic opportunity for someone who is looking for fast track development, is prepared to learn from the ground up, be involved with day to day routine but enjoys planning and seeing the bigger picture;

Someone who is comfortable making decisions based on intuition and incomplete information and likes taking a pragmatic approach to operational plans but is able to take a strategic viewpoint, clarifying and focusing attention on key issues. Not afraid to stand up and be counted, even when this leads to some personal discomfort. Someone who enjoys being professionally and personally challenged and working as part of a team which has a good sense of purpose and fun and someone who can see the big picture with regards to future professional and fiscal reward.

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