Finance & IT Director, Portsmouth - FD Recruit

Finance & IT Director, Portsmouth

Portsmouth, South East
Full-Time (permanent)
£100000 - £120000 Per Annum

posted: 30th April 2024

FD Recruit are working exclusively with a well established, £100mil+ t/o and rapidly growing, B2B and B2C service organisation, that prides itself on an outstanding customer experience, to source a commercially focused, charismatic, tenured Finance & IT Director to join the senior leadership team at Board Level. This is an exciting opportunity to join an industry recognised, award winning and well-established business, experiencing significant growth, in an evolving marketplace, and be a catalyst to their overall success

Reporting to, and working in conjunction with an MD who is highly driven and passionate about the business, the FD will be instrumental in streamlining and improving processes across the organisation with a focus on total business development and growth. Ensuring financial controls, IT Systems and the commercial framework are highly robust and designing and driving sustainable, profitable growth while providing sound financial and commercial guidance for the direction of the entire business

Based near Portsmouth, this forward thinking, highly respected business, require a commercially focused senior finance professional who embodies the core values of integrity, loyalty and ambition, to work with all key stakeholders to provide finance, operational and commercial support across the organisation during this crucial period of growth and help writ the next chapter in the company’s history and will be required to be on site 3-4 days per week

Key duties will encompass:

  • Partner with the MD to maximise the company’s operational performance whilst remaining cognisant of the company’s values and social responsibilities
  • Provide strategically and commercially informed advice and insights
  • Build a culture focused on total shareholder returns and operational excellence with strong collaboration across each area of the business
  • Attract, foster and develop highly capable and high performing Finance & IT teams with a business partnering, value adding mindset
  • Deliver timely and accurate management information with particular emphasis on cash flow forecasting, management accounts, trading forecasts and annual budgets – adopting a continuous improvement doctrine to the same
  • Plan performance goals and execute through well-defined commercial and financial KPIs
  • Own the numbers and systems, care about their accuracy and timeliness, ensure that they provide an enabling vehicle to optimise decision making
  • Proactively manage the relationship with auditors, insurers, finance providers, IT Sub Contractors, and other key external stakeholders, in particular gaining a detailed understanding of the various banking facilities and ensure compliance with the same
  • Oversee the production of statutory accounts to predetermined deadlines
  • Drive a strong focus on internal controls and compliance ensuring a ‘no surprises’ culture
  • Contribute effectively at Senior Leadership Team and board meetings from both departmental and wider business perspectives
  • Provide mentor and support to senior colleagues and direct reports
  • Provide line management and pastoral care to the Finance & IT teams
  • Contribute effectively to the refinancing of the business if required
  • Live the company values of integrity, loyalty and ambition

About you:

  • ACA/ACCA/CIMA qualified with at least 10+ years’ experience in executive leadership positions
  • Leadership skills, with steadfast resolve and personal integrity
  • A strong, well evidenced track record in similar roles with experience of multi-site retail, wholesale or FMCG distribution an advantage
  • Strong business acumen with experience in influencing commercial and operational decisions
  • Excellent judgement with an ability to apply clarity to the decision-making process
  • A strategic outlook but with a hands-on approach
  • Intellectually robust and mentally agile with a high level of emotional intelligence
  • Strong leader and able communicator
  • Technically astute with good IT, Technology and spreadsheet skills
  • An understanding of multiple corporate finance structures and the knowledge and gravitas to interact
  • effectively with external finance partners
  • Strong analytical, persuasive and presentation skills and an ability to act decisively
  • A person who subscribes to the company’s values and comfortable leading by example in this regard.
  • Strong Excel skills in order to support the above
  • Last but not least, like all my clients people, you will be motivated and ambitious, both for yourself and the
  • business you work for!

FD reporting lines

  • Reporting to the Managing Director
  • Direct reports Finance:  FP&A team incorporating; Financial Analyst, 2*Financial Accountants, Process Change Specialist, Compliance Administrator along with team leaders for AP and AR
  • Direct reports IT: Network Manager, Software Systems Manager
  • Within the AR/AP/IT teams are a further 13 indirect reports

Our client is offering a very generous remuneration package including a substantial basic wage of 100k-£120k (based on experience and qualifications) plus considerable bonus earning potential is available based on performance and growth of the business against targets, potential equity available, car (or car allowance) and private health. Flexibility in working hours including the potential to work from home where mutually beneficial is negotiable

The Finance Director will ideally be based near Portsmouth and will predominantly be required to be on site (especially in the initial stages of the role) to get under the skin of the business and forge crucial relationships with direct reports and key stakeholders

This is a fantastic opportunity to make a significant, long term impact in a key leadership role and partner with a passionate and driven MD and be instrumental in the growth and further success of a respected business by helping it to realise its full growth potential and beyond. This opportunity will provide room for significant personal, professional and financial reward for the right individual

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