Finance Director .. Group Chief Finance Officer

£145,000 to £175,000 + Benefits + 33 days Holiday

Confident to take responsibility for the Group Financial Management with over 20 entities in 10 countries.

You could currently be an FD or Chief Accountant or feel you are now ready to make the step up.  Experience of producing management and statutory accounts for a Group and coming from a Manufacturing background is essential. You will benefit from coming in as Designate to the retiring Director giving you 12 to 18 months to settle in and learn the business.  The potential is huge and will suit a very experienced individual looking for this to be the last move in their career.

You will be working within a Global (yet still) Family Run world leading diverse Manufacturing group of companies, working closely with a dynamic board of directors you will play a major role in the Groups success. If you feel you have the ability and confidence to be the future Group Chief Accountant please forward your CV to John Hutchinson for a confidential discussion and more information.

The criteria in detail…

Key responsibilities will include:

  • Full financial management of the business, including the responsibility for the production of monthly, quarterly and yearly reports and accounts
  • Cash flow and working capital management including monthly rolling 2 year forecasts
  • Ensuring compliance with statutory financial and accounting requirements
  • Managing in conjunction with the board all relevant third party relationships, i.e. banks, auditors, etc

The ideal candidate skill set:

  • ACA / FCA Qualified Accountant with 5 years of industry experience having left an audit practice after gaining audit manager status.
  • Conversant with the current accounting standards and in particular, IFRS 9 (hedging), IFRS 15 (revenue recognition), IAS 38 (intangibles), IAS36 (impairment).
  • Good understanding of consolidation accounting including the accounting for overseas subsidiaries and associates.
  • Good understanding of the production of month end management accounts within a manufacturing environment. (cut off, stock counts, job cost accounting (profit take and recognition of provisions where necessary). Whilst the role does not require a direct involvement in this area, the role does require a good understanding in order to provide meaningful challenge on positions taken by the subsidiary accountants.
  • Experience of dealing with Banks in terms of facility renewals and new loan applications.
  • Expert in the use of excel – including pivots, chart production, index match and look up functions.

Additional skills

  • A rudimentary knowledge of corporation tax – in effect for cash flow forecasting purposes and calculating quarterly on account tax instalments. Ernst Young are always in the background to help as and when needed but this aspect of tax is generally done in house.
  • Awareness of the tools available to mitigate credit risk. Credit insured > Letter of Credit > Cash Milestones > Payment Pre Despatch > Partial Deliveries to manage the shipment milestone. If the incumbent has no knowledge of credit insurance then the Atradius policy needs to be read and fully understood.
  • Documentary credits need to be understood, i.e. Letters of credit, standby letters of credit and cash against documents. In particular, the pitfalls that need to be avoided on framing LC’s (simplicity and all the required docs being under our control).
  • Awareness of bank bonds, i.e. advance payment, performance and warranty bonds.
  • A rudimentary knowledge of contract law.
  • Experience of investment appraisal (e.g. calculating pay back periods, building in the impact of sensitivity checks within the models).
  • Awareness of due diligence requirements in relation to potential acquisitions

Once we have your application we can organise a convenient time to give you a call to discuss in total confidence.

Upload your CV/resume or any other relevant file. Max. file size: 256 MB.

Job Search