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A leading electric vehicle manufacturer in Coventry is seeking a Chief Financial Officer to join their senior leadership team. The ideal candidate will have a strong background in commercial finance and financial modelling, and will play a key role in driving the business's growth strategy. This position offers a unique opportunity to be part of a rapidly expanding company in the electric vehicle sector, with significant responsibilities including managing the finance function and collaborating closely with the CEO.
Maeving Coventry, England, United Kingdom
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Maeving Coventry, England, United Kingdom
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**Please note any direct applications or 3rd party introductions to the client will be forwarded to Consumer Exec and no fee will be payable****
Maeving is the UK’s leading electric vehicle manufacturer, and Britain’s first electric motorcycle business. Everything from the design to the Direct-to-Consumer business model represents a significant disruption in what is already a new and exciting emerging sector. Based in Coventry, in the heartland of British motorcycle heritage, the team boasts the brains behind some of the most iconic motorcycles of the last 25 years. In 2024 they were recognised as the No. 3 best start-up in the UK by startups.co.uk. They launched in the US, Germany, and France in 2024, and grew revenue 4x.
Following the completion of our successful Series A funding round, they are now are looking for a CFO to join our senior leadership team and help take the business to the next level. The ideal candidate will be a highly ambitious finance lead with experience in high growth product businesses. They will recognise the upside potential of joining an electric vehicle business in its early stage, and will be willing to work hard to ensure its success. They will be excited and energised at the opportunity to develop and build a team around them.
The CFO will be responsible for the overall management of the finance function and its integration within the rest of the business. You will work directly alongside the CEO (ACA/CFA qualified) in fundraising & business strategy. Maeving are looking for a super commercial finance professional whop can partner with non finance. You will be great at excel modelling and ideally have used Microsoft Dynamics (or have implemented a CRM system) You will take over the management of the financial model and cash flow, and who is comfortable working closely with marketing, purchasing, and production to ensure efficient allocation of resources.
With significant growth planned across all markets to £100m revenue by 2028, the business is now ready for a driven and dynamic CFO who can be both “hands on” and strategic. With a complex supply chain of 350 components across 80 suppliers, working capital and cash flow management is key.
Initial focus will be on streamlining processes and making them less manual (mainly through leveraging experience of Microsoft Dynamics), focusing on working capital and cash flow modelling and then partnering with Sales and Production teams to streamline and deliver insightful management information to drive cost saving and revenue growth.
Responsibilities
Candidate Profile
Must Have:
Nice to Have:
Location:
Salary - dependent on experience. Significant six figures
Equity - Huge value creation opportunity
Thank you for your application. Due to the high number of applications we are, unfortunately, not able to provide individual feedback to every candidate at this stage of the process. If your application is successful however, you should be hearing from us in due course.
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