Ref - CIMA Finance Director – Ref 015

Finance Director

Are you recruiting for a Finance Director? Immediately available CIMA qualified Finance Director available for interim or permanent opportunities to SME business owners across the East Midlands, helping them make better financial decisions.  Approaching 10 years of experience at this level, working strategically alongside the Managing Director in owner-managed and family-owned SMEs. Calming boardroom presence, trusted advisor, strong problem solving and commercial decision-making skills with an eye for detail and plenty of business modelling, cashflow management and growth/pricing strategy experience. Worked in various sectors including Manufacturing, Retail, E-Commerce, Agriculture, Food Manufacturing, Logistics, Software, Construction, Engineering and Financial Services.

Key Skills       

  • Cashflow Management
  • Forecasting
  • Review & Implementation of Processes & Procedures
  • Capital Expenditure Projects
  • Growth Strategy
  • Reporting
  • Commercial decisions
  • Bank/auditor relationships
  • 57% turnover growth over 4 years
  • £0.6m borrowings to £5.1m reserves over 4 years
  • Negotiated business interruption claim up by 94%
  • Negotiated multiple bank facilities and loans
  • Reduced debtor days by over 30 days including implementing new processes
  • Introduced rolling cashflow forecasts
  • Rebuilt finance team
  • Created & implemented commercial pricing structures and challenged pricing to improve EBITDA

 

· Steered the company through never-before seen supplier increases, Brexit and Covid, including securing one of the first Covid Loans from Bank, then a factory fire, negotiating the business interruption claim from £119k to £231k, throughout forecasting, monitoring and reporting all cash flows weekly

 

· Part of the strategic team that took the company from £14.9m to a record £23.5m turnover over four years, personally addressing pricing strategy on way to record turnover and profit year to March 2023

 

· Taken the company from £0.6m borrowings in 2019 to over £5.1m reserves in December 2023 and with all other improvements have dramatically improved the company’s credit rating

 

· Fixed energy under 20p per kWH prior to energy crisis until 31st December 2025 saving company over £1.5m, along with other savings and initiated delivery/price checking on all supplier invoicing

 

· Reduced debtor days during Covid so dramatically that the bank commended me, have maintained this level ever since, developing and overseeing a new robust credit control process

 

· Introduced a new accounting process, initially highlighting where profit had previously seemed to have disappeared, creating full P&L visibility by product groups, plus over the last four to five years creating efficiencies in all accounting processes by remodelling them all including creating a cost model by factory, using Sage systems expertise to clean up all the coding structure

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