Temporary Finance Director
1 month ago
Exclusive Opportunity
Interim Finance Director
£500-£600 a day depending on experience
North Nottingham
Exciting opportunity for a manufacturing company.
Our client our based in Nottingham and are seeking a talented Qualified Finance Director to join them on an interim basis to support with a handover period. Reporting to the MD of the business as finance director managing the day to day of the finance division as well the IT/Purchasing/HR team. This role is being recruited for to manage a gap in between the permanent Finance Director joining.
Core responsibilities:
- Oversee month-end activities and report to Board with monthly Management Accounts.
- Provide comprehensive sales and forecast analysis, including variance by marketplace and territory, collaborating with the Sales Manager.
- Control overheads, set budgets, and collaborate with other managers to understand spending requirements.
- Manage working capital, prepare weekly/monthly cash flow forecasts.
- Guide the Accounts Assistant in daily/weekly cashbook maintenance and reconciliation of all bank and loan accounts and intercompany balances.
- Validate monthly stock valuations, coordinate stock counts with the warehouse manager, and review stock write-off strategy. Manage Inventory levels in conjunction with Production Manager
- Act as the escalation point for technical issues and collaborate on KPIs, cash flow forecasting, and analysis with the Managing Director.
- Submit Quarterly VAT returns, oversee payroll data before submission to bureau for processing.
- Preparation of year-end accounts.
- Lead cost-saving initiatives in finance, manage banking relationships, and serve as the first contact for external tax advisors/auditors.
- Document and maintain financial processes and procedures, ensuring the team's adherence and completeness.
- Utilize and develop company ERP system (Business Central) to provide accurate and timely data.
- Support the Managing Director in identifying business challenges and opportunities, driving continuous improvements.
- Assist in annual insurance renewal process.
- Assist in ad hoc projects and routine tasks as requested by the Managing Director and Senior Management
Prior Experience and Qualifications
- Ideally fully qualified (ACCA/CIMA or ACA)
- Great communication skills and the ability to liaise with stakeholders
- Previous experience in managing a small finance team
- Knowledge of Business Central would be advantageous
- An advanced user of Microsoft Excel.
This role is ideally suited to a candidate who already possesses experience within a Finance Director Role and are immediately available to join immediately and commit to a minimum of 5 months
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