Ref - Finance Director – Ref 8754

Finance Director

ACA qualified and experienced CFO/Finance Director with a hands-on approach, strategic mind, and an ability to calculate and deliver the optimum financial journey for businesses. An exceptional people manager, mentor, and an effective partner for all levels of staff from C-Suite management through to middle-level management. Highly motivated by adding value to organisations and always looking for opportunities to maximize shareholder wealth. An ambitious commercial mind backed up by strong modelling abilities, an audit background, and over 20 years of experience at running finance functions. Achievements include “first-time FD” business transformations, Covid-19 financial recovery plans, Brexit-proofing businesses, multi-million pound cost saving plans, setting-up new online retail businesses from scratch, business closures to improve profitability, financial plans for new start-up companies, company disposals and exit strategies for shareholder wealth, award for “best accounting function in the global group”, new system implementations, office relocation of a European HQ, plus many bodies of finance and HR strategy work, staff mentoring, excel modelling and complex cash management. Works with a strong moral compass and has a passion for people and culture.
  • Finance Director, and Executive Business Partner to CEO and external shareholders
  • Design and implementation of first ever strategic plan and FY2024-2026 budget (taking a breakeven company to annual EBITDA of circa £4m p/a through a suite of financial improvement initiatives)
  • Hands-on complex modelling (excel) and analysis to identify business and financial opportunities
  • Design and rollout of a monthly management reporting pack, including business analytics, full financials, cash flow, 3-year projections, variance analysis of actuals vs budget
  • Partner with the Memberships Director to roll out a new  business
  • SLT mentoring, including Head of People, Operations Director, Memberships Director
  • Deep and complex review of pricing charts, resulting in a significant gross margin improvement
  • Set-up of new subsidiary company (tax planning initiative – in progress)
  • Cash flow forecasting
  • Payroll, PSA, VAT, Corporation tax
  • Significant improvements to overdue debt position, improving cash flow
  • Design, build and deliver a cross-European accounting function for 7 companies, of which 5 are new start-ups
  • Re-design of European pricing generating circa £2.5m of additional profit on an annual basis
  • Completed the rollout of an EU project tracker system, including profit by project reporting, speculative income forecasting, resource planning, implementation of a full absorption-based costing system for labour rates
  • Design, setting and modelling of the group’s first ever fiscal budget for all EU companies
  • Completion of Group Accounts for all EU companies on a quarterly basis, realignment of group financial year ends for consolidation efficiencies
  • EU-wide cash flow forecasting based upon workflow probabilities
  • Introduction of “People” department including the recruitment of a Head of People (Europe), plus various HR initiatives
  • Design and rollout of a structured company bonus scheme directly linked to the company budget and performance assessments/objectives
  • Partnering with EU MDs to provide financial support/advice during their start-up phase and identify financial risks
  • Development of cross-group transfer pricing policy for shared projects
  • Team of 12 – 5 direct reports, 7 indirect reports including UK & EU Finance, HR, Office Management, Administration
  • Back-dated dividends declarations covering past 5 years
  • Development of Cross-EU VAT menu system for finance staff to ensure EU/UK VAT compliance
  • Financial advisor to the shareholders
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