Finance Director
Our client is both a well regarded and yet still rapidly expanding group of companies operating within the Construction / Contracting / House Building Sector.As a result of internal promotion, Nenebrook Search have been engaged to assist with the recruitment of a experienced, commercial minded Finance Director.This position is being recruited on both a Interim (Proving Cover) & Permanent Basis and will partner with both the Group CFO, Business Unit Managing Director and wider executive team to drive growth and improvement.Role Overview:The Finance Director will play a pivotal role in driving the financial strategy and operational excellence of the company. This position requires a seasoned finance professional with a strong background in the construction industry, While responsible for overseeing financial matters delegated to the subsidiary, the Finance Director will operate within the framework and direction set by the Group. Key Responsibilities:Strategic and Operational Financial Insight:Develop and implement financial strategies aligned with the company's business plan.Provide insights and recommendations to support decision-making at the Board level.Monitor and analyse financial performance, identifying areas for improvement. Contribute to strategic planning of the business.Budgeting and Forecasting:Lead the annual budgeting process, ensuring accurate and realistic financial plans are developed as part of the Group budget process.Prepare and present financial forecasts, adjusting as necessary to reflect changing market conditions.Collaborate with the Board/department heads to ensure budget adherence and financial discipline.Performance Analysis:Conduct regular financial performance reviews, analysing key metrics and trends. This will include the preparation of the Monthly Information Pack (MIP) for Group.Identify and address variances, implementing corrective actions where needed.Provide detailed reports and presentations to the MD & Board.Build business cases to support capital expenditure.Stakeholder Collaboration:Build and maintain strong relationships with internal and external stakeholders, including banks, and auditors.Communicate financial results and strategies effectively to stakeholders.Work closely with the Commercial Director, other departments and the wider Group finance team to ensure financial alignment and support business plans.Provide the requested input to the Group and BU entity audit process which will be controlled by the Group Finance team. Cost Management:Implement cost control measures to optimise spending and improve profitability.Monitor and manage project costs alongside the commercial team, ensuring they stay within budget.Identify opportunities for cost savings and efficiency improvements.Working capital managementWork with Group finance team to ensure good visibility of the working capital position of the Company.Drive effective working capital management process within the Company.Risk Management:Develop and maintain a robust risk management framework.Identify financial risks and implement strategies to mitigate them.Work with the Director of Tax and Financial compliance to ensure compliance with regulatory requirements and industry standards.Leadership and Influence:Form effective relationships with and mentor (where appropriate) members of the Group finance team, fostering a culture of excellence and continuous improvement within the wider finance team.Influence and drive change across the business to achieve financial goals.Represent the finance function at Board meetings and more widely within the business, ensuring the service provided meets the requirements of the business.Systems and Reporting:Review all financial information provided by the central finance team to ensure it is consistent with your understanding of the business – implement any changes as appropriate. Consider whether any required changes are indicative of process or systems issues and respond as necessary.Ensure accurate and timely completion of subsidiary finance processes to allow for timely group and subsidiary financial reporting and preparation of budgets and forecast.Ensure subsidiary data, systems and processes are optimised to enhance financial performance - engage with colleagues to drive improvement where required.Continuously improve reporting processes to enhance transparency and decision-making.Industry Knowledge – Essential:Demonstrate a strong understanding of the construction industry.Stay updated on industry trends, regulations, and best practices.Leverage industry knowledge to inform financial strategies and decisions.Detailed understanding of long-term contract accounting.Qualifications:Professional accounting qualification (e.g., ACA, ACCA, CIMA) preferred.Proven experience as a Finance Director or similar role within the construction industry with contracting knowledge essential.Strong analytical, strategic thinking, and problem-solving skills.Excellent communication and interpersonal skills.Proven coaching and mentoring capabilityProficiency in financial software and systems with enthusiasm for data and systems.
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