Ref - CFO/Finance Director – Ref 9604

CFO/Finance Director

A dedicated FCA qualified Finance Director with more than 20 years’ experience. Abilities in defining company direction, achieving targets and developing new business strategies to add value throughout an organisation. Able to use excellent communication skills and interpersonal skills to build strong internal and external relationships. Skills include Team Building – Leadership; Systems development and process improvement; Internal controls; Business development, cost saving identification and profit enhancement; Credit Control; Commercial Negotiations; Budgeting/Forecasting; Management Reporting; VAT Recoveries; Statutory reporting, Corporation Tax and Payroll. Experience in growth, scale, and stabilisation. Successful in the sale of the business.
  • Responsible for the day-to-day operation of the finance function (Management Accounts, Financial Accounts, Accounts Payable and Accounts Receivable) plus additional responsibility for IT and HR employees
  • Managing the production of monthly management accounts with variance analysis to budget and prior year
  • Managing the production of the monthly reporting pack – consolidated P&L, Balance Sheet, Cash Flow, KPIs and supporting analysis
  • Managing the production of the annual budget
  • Managing the production of the year end statutory accounts and Corporation Tax returns
  • Management of company cashflow ensuring compliance with banking covenants
  • Responsible for utilities contracts, foreign exchange contracts and significant leases (e.g., property leases)
  • Responsible for the recruitment of new members of the finance department
  • Participation in monthly board meeting to review the performance of the company, cashflow, working capital and HR and IT issues
  • Successful in the sale of the business
  • Improvement in month end close process with greater emphasis on reconciliations (to improve accuracy and completeness of reporting) and on variance analysis to enhance understanding of performance
  • Improved month end reporting – format of monthly accounts changed to allow for better reporting. Development of consolidated accounts and of monthly reporting pack.
  • Increased use of ERP system to improve financial reporting plus migration to new ERP system
  • Increased focus on working capital – regular review of debtor balances, credit insurance and invoice discounting
  • Focus on cashflow management and reporting including working with bank overseas to improve process for repatriation of funds
  • Improvements in IT infrastructure following cyber-attack
  • Integration of acquired businesses into Group and incorporation of new European business post-Brexit to allow for continued trading with European customers
  • Substantial involvement in private equity investment into Group
  • Integration of acquired businesses with Interflora, integration with existing merchant gateways, novation of existing contracts, reporting within current framework and identification of integration and transaction costs for both UK and US GAAP.
  • Commercial support into new market ventures in UK and overseas.
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Benjamin Edwards Recruitment Lincolnshire