Ref - Finance Director – Ref 3914

Finance Director

Commercially astute ACCA qualified Finance Director with extensive Board-level experience. A specialist in contract-driven industries with experience in bespoke manufacturing covering Construction, Rail, Civil Engineering, Renewable Energy, Housing and Engineering industries. Has been pivotal in ensuring businesses are enabled to meet demanding cost, cash, and profit targets. Strong Budgetary and Forecasting skills, successfully formulating and delivering short, medium, and long-term strategic goals. Has a track record of embedding robust financial governance across an organisation, improving systems, processes, and quality, driving timely delivery of MI, periodic and statutory reporting.  Seeking to secure a challenging role where they can add value and bring fresh strategic direction to a business.
  • Facilitate arrangement of CBIL loan through application, Bank Audit, covenant agreement to final drawdown.
  • Arrange TTP agreement with HMRC arranging a 12-month repayment period.
  • Agree payment free periods and loan extensions with Financiers and Suppliers.
  • Maximised support under Furlough Scheme.
  • Controlled the Statutory Accounting process for group companies in covid environment.
  • Change Accounting policy within-group from Merger Accounting to Acquisition Accounting.
  • Enhanced Pension Trust reporting.
  • Successfully deliver R and D refunds for group for a 2 year period.
  • Implement Group consolidation and reporting systems to comply with bank covenants.
  • Implement necessary system changes to facilitate new legislative changes in relation to Construction Reverse Vat charging and Private Sector IR35 requirements.
  • Overhaul outdated systems and processes to provide strong financial and contract control streamlining reporting requirements.
  • Transformed financial systems achieving FRS102 compliance from a Public Sector accounting base in 6 months.
  • Enforced strong budgetary and operating cost controls delivering 5% cost saving in Year 1 and 8% cost saving in Year 2.
  • Designed, instigated, and effectively managed strong cash controls avoiding the need for short-term borrowing to meet daily working capital requirements.
  • Delivered monthly management reporting, statutory reporting and controlled the annual and internal Audit process.
  • Controlled Capital Programme expenditure tracking, forecasting, medium and long-term strategy formulation.
  • Secured approval from the Secretary of State for Transport to change to a commercial format of accounting.
  • Increased the holding value of Assets held for Sale (Land)
  • Developed estate earnings and commercial opportunities negotiating several contracts doubling income stream
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Benjamin Edwards Recruitment Lincolnshire