Chief Financial Officer (CFO)

Berkshire, South East England
Full Time
£100,000 - £150,000
Job Description

Chief Financial Officer (CFO) required for a well respected and multi-award winning IT Solutions company based in the South East of England.

Key Responsibilities

Department Head / Lead

  • Provide clear direction to the department, ensuring all colleagues understand the importance and value of their individual role in achieving the Company’s mission and goals.
  • Ensure appropriate policies, procedures and work practices are implemented, understood, adhered to and maintained across the department including in accordance with any ISO or other certifications and with the Company’s cultural values.
  • Plan and propose headcount and other resources to ensure the department produces the highest quality and most efficient work. Oversee talent acquisition activities to ensure adequate staffing at all times.
  • Devise, implement, review and maintain appropriate targets, objectives and other relevant performance measures across the department. Provide additional support where improvements are required.
  • Ensure appropriate training needs analysis and succession planning is in place across the department to identify personal development and training initiatives to meet future demands.
  • Build effective working relationships and processes with other relevant departments to ensure smooth operations across the entire Business.
  • Motivate, coach and develop the department’s management team. Give regular constructive feedback and recognise good behaviour/performance. Proactively address areas of poor performance with the team and support them to improve.
  • Regularly meet with direct reports to set and review personal and team performance standards.
  • Provide weekly reports/updates on department activity and progress to management as required.

Strategy, Planning and Management

  • Assess and evaluate the Business’ financial performance in relation to both long and short-term goals, budgets and forecasts.
  • Work as part of the SLT to develop financial plans to meet business objectives.
  • Create and establish annual financial objectives that align with the Business’ plans for growth and expansion.
  • Participate in key business decisions related to the Business’ strategic direction.
  • Recruit, engage and retain a high-performing team of finance professionals who can deliver an exceptional finance function in the business.
  • Ensure growth into new territories is fully planned and well executed (setting up of entities, financial processes and legal/regulatory compliance).

Financial Analysis, Budgeting and Forecasting

  • Ensure financial budgeting reports are prepared and presented accurately and on time, including but not limited to profit and loss, forecast vs actual.
  • Review and analyse financial results and provide recommendations for improved reporting and performance.
  • Identify, develop and execute analysis of business initiatives and new service offerings.
    Analyse financial risks and propose mitigations for Board / CEO approval.

Accounting, General Ledger, Administration and Operations

  • Oversee the accounting and billing departments to make sure systems, databases and software are fit for purpose, delivering accurate and up to date information.
  • Review and ensure application of appropriate internal controls for compliance in financial procedures.
  • Oversee the preparation of financial statements and ensure timely filing of all in-country tax/financial returns.
  • Review all month-end processes, constantly reviewing procedures and eliminating inefficiencies.
  • Act as a key point of contact for external auditors. Manage preparation and support of all external audits.
  • Maintain appropriate insurance coverage in all activities and jurisdictions at all times.
  • Ensure cash flow is adequate for the business’ operations at all times.

Financial Relations,

  • Represent the business to banks, financial partners, institutions, investors, auditors and officials.
  • Remain up-to-date on audit best practices as well as local laws regarding company divisions.
  • Supervise financial details on due diligence and other M&A activity as required.
  • Maintain financial information in any Company operated data rooms.
  • Arrange debt financing or other financial loans as required.
Experience Required

Education & Qualifications:

  • Bachelor’s Degree
  • Qualified Accountant (ACA or equivalent)

Experience:

  • Strong experience as a Financial Director in a large business, or as CFO in a growing business
  • Experience having worked for or in close partnership with a ‘Big 4’ Accountancy Firm
  • Demonstrable experience of having led a finance team to deliver a clear business strategy
  • In-depth knowledge of corporate financial law and risk management practices
  • Experience of working in International markets
  • IT and Telecommunications industry experience

Skills / Aptitude:

  • Highest levels of integrity
  • Highly analytical
  • Exceptional problem-solving
  • Excellent risk-management
  • High business acumen
  • Exceptional interpersonal skills including communication, influencing, negotiating and presentation skills
  • Excellent leadership skills
  • Highly IT literate – expert in MS Office and Accounting systems
  • CFO “Chief Financial Officer” Finance director” “director finance ACA CFO “Chief Financial Officer” Finance director” “director finance ACA CFO “Chief Financial Officer” Finance director” “director finance ACA
Person Profile

Setting Financial Direction: a clear and achievable financial strategy for the Business will enable it to maximise efficiency and growth.

  • Driving Financial Performance: the CFO will be fastidious in their commitment to the highest financial performance, obsessed with maximising business performance by balancing spend against return on investment.
  • Risk and Compliance: it is critical that the Business adheres to compliance requirements in all territories it operates in and that it successfully protects its reputation from potential or actual legal/financial claims.
  • Effective Reporting: provide weekly reporting to the CEO on Company, Team and Individual projects, progress and performance.
Salim

Consultant Details

Salim Noorani
salim@jam-management.com

Job Summary

Job Reference:

CFO60/SN

Closing Date:

2024-03-31

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