Finance Director - Job Description

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The position of Finance Director is the top level job description for most Qualified Accountancy people. After years of hard work, natural financial and business flair, you will be able to "give back" your many years of experience.
The details listed below are from a local business and are meant as a guide only


THE ROLE

This role is the number one finance position in the company, and reports directly to the Managing Director. Working as part of a small management team, some of the main tasks are as follows:
Responsible for all financial matters within the company
Monthly reporting to Group
Provision of management information regarding financial performance
Preparation of annual budgets, and periodic comparison of performance against budget
Re-forecasting on a regular basis to group requirements and in line with business needs
Play a full part in the evolution of Company’s strategy & plans
Full responsibility for all IT matters including development of strategy, authorisation of expenditure etc
Control of the company’s vehicle fleet
Dealing with all company secretarial matters, in association with the UK Group personnel
Maintaining the payroll for the directors of the company
Ad hoc projects and duties as designated by the Managing Director

Direct reports are 5;            
Finance Manager
Payroll Supervisor
Purchase Ledger Supervisor
Credit Controller
IT Manager

SKILLS / EXPERIENCE
Education
Essential
Must be of graduate calibre and at least part qualified (
CIMA, ACA, ACCA)
Desirable
Accounting qualifications backed up by broader training e.g. MBA

Product / Industry Background
Essential
Experience of being a senior financial person within a high volume manufacturing business, with Group reporting requirements.
Desirable
Experience of high volume products sold directly to retailers.  Knowledge of the DIY market, and familiar with the operating requirements of the major DIY Retailers.

Level of Experience
Essential
Must already have day to day responsibility for the finance function within a high volume manufacturing business with Group reporting requirements.
Used to operating accurately to tight deadlines with a thorough understanding of the key profit drivers in a customer focused business.
Experienced in the review and improvement of systems and procedures.
Desirable
Knowledge of IAS, SAP and Group Reporting.

Management Accounting
Essential
A thorough knowledge and experience of producing monthly management accounts to firm deadlines.
Previous responsibility for the analysis and interpretation of manufacturing costs and the identification of corrective actions.
Good background and firm understanding of profit analysis and interpretation.
Experience of driving business improvement from the interpretation of the financial data, with a good “feel” for the numbers.
Desirable
Knowledge of product costing and the drivers affecting it.
Financial Management
Essential
Used to Group Reporting requirements and the preparation of Year End Statutory Accounts.
Experienced in dealing with Auditors.
Desirable
Comfortable handling company secretarial issues in conjunction with support from Head Office.

Planning / Budgeting / Forecasting
Essential
Experienced in the preparation of annual budgets, including P&L, Balance Sheet and Cashflow.
Used to re-forecasting on a regular basis to Group requirements and as required by the business.

Working Capital Management & Treasury
Essential
Experienced at managing working capital within Group guidelines.
Desirable           
Knowledge of the Treasury function including foreign currency issues.

IT Systems
Essential
Previous responsibility for the IT function in a volume manufacturing business, with the development of future strategy.
Strong personal IT skills, particularly spreadsheets.
Desirable
Experience of an AS400 mainframe system.


Commercial
Essential          
An understanding of commercial agreements and legal issues with good commercial “feel”.
Experience of contract negotiations.
Desirable         
Knowledge of personnel issues and regulations.
 
PERSONAL ATTRIBUTES
 
An ambitious person hungry for success
Used to working in small teams with limited resources
Prepared to get ‘stuck in’ and make it happen
Drive and commitment
Able to enthuse and motivate those around them
Comfortable with Group reporting requirements
Commercially focused with a good grasp of business principles
Good relationship builder at all levels (internally & externally)