Financial Director

1 week ago

Colchester, Essex, United Kingdom Hays Specialist Recruitment Limited Full time
New - Financial Director Opportunity - Colchester - to £100,000 + bens Fast Growing SME

Your new company

We are pleased to be working on an exclusive basis with a market leading, entrepreneurial led B2B business who provide their clients with quality products, an innovative, highly efficient & sustainable supply chain and first class customer service.

Due to continued growth and exciting strategic business plans our client is looking to recruit a Financial Director to provide financial management, sound technical advice, commercial insight to influence strategy and enable the business to achieve its strategicgoals.


Your new role

As Finance Director you will be an active member of the management team and provide genuine insight and business support to the Managing Director and wider business.

Oversee production of accurate and timely management information including a forward-lookingfocus. Act as an essential member of the business management team. Ensure efficient operations of the finance department and the financial elements of the ERP system. To be responsible for credit control, management of credit risk and efficient collectionof accounts receivable. This role is full time with the majority office-based in Colchester and has four direct reports.

KEY SUCCESS CRITERIA:

  • Ensuring focus on strategic plan deliverables including highlighting gaps in performance vs plan
  • Business results are accurate with an explanation for all key variances and points of note (within 5 working days after month end).
  • Continuous improvement of the ERP system to ensure accurate and efficient running of all finance processes.
  • Budgets and forecasts prepared and reviewed in line with the annual calendar.
  • A well run credit control team with a wellmanaged debtor risk process, efficient and prompt cash collections and rapid highlighting of any issues with customer accounts.
  • VAT and tax returns submitted accurately and within the HMRC deadlines.
  • Financial Statements finalised with auditors within five months of year end.
  • Management information includes actionable observations to improve profit and cash.

KEY RESULT AREAS:

  • Prepare budgets and forecasts including cash flows to create a forwardlooking view to financial performance, planning and predictability and alignment to the business strategic goals.
  • Oversee all aspects of the finance department including production of monthly accounts within 5 working days, managing and developing the team, constant focus on credit control procedures, risk management & cash collection, balance sheet reconciliations& all payments including foreign currency.
  • Managing the annual audit and annual statutory accounts preparation.
  • Maintain completeness and accuracy of financial information on the business system, including continuous improvement to ensure that we are getting the most from our systems and processes.
  • Ad hoc projects.

What you'll need to succeed
The Financial Director will be a qualified accountant with strong technical knowledge and commercial acumen.

They will have held a similar position in a successful import/distribution/manufacturing/engineering business which has grown at a pace ( £50 mill +t/o).

They will have strong financial management skills through business growth, reviewed and driven continuous improvement of processes, controls, reporting and ERP systems

The Financial Director will be an experienced people manager who enjoys motivating, developing and managing their people in a fast moving and changing business.

They will be an excellent communicator and influencer who has broad business skills who will enjoybeing a key member of an ambitious management team

What you'll get in return

The Financial Director will be joining a highly successful business with a market leading business model and ambitious growth plans.

They will be offered a highly competitive salary package:

Salary £90,000 to £100,000 plus benefits package.

What you need to do now

If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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