Chief Financial Officer

Orchard Recruitment Ltd; United Kingdom; On-site; GBP 100,000 - 200,000; Full time

Job summary

A leading service provider in the Channel Islands seeks an experienced Chief Financial Officer. The role requires strategic oversight of financial management, regulatory compliance, and team leadership across multiple jurisdictions. The ideal candidate is a qualified accountant with extensive experience in similar roles, excellent analytical and leadership skills, and an understanding of private equity and financial regulations.

Qualifications

• Over 10 years' experience as CFO or Group Financial Director.
• Understanding of regulatory compliance in Channel Islands and Isle of Man.
• Experience with Private Equity structures and funding.

Responsibilities

• Lead day-to-day management of the finance function.
• Oversee financial reporting and compliance across multiple jurisdictions.
• Drive long-term financial forecasting and budget planning.

Skills

Leadership

Financial Management

Data Analysis

Problem Solving

Negotiation

Education

Qualified Accountant (ACA, CIMA, CA)

Graduate Degree

Tools

Financial Management Software

MS Office

Job description

Our Douglas-based client is a leading service provider to both business and consumer markets on the island. Following a review of operational and leadership needs, they are seeking an experienced Chief Financial Officer to join and lead an established team working across Isle of Man and the Channel Islands jurisdictions.

The Chief Financial Officer will:

• Lead the day-to-day management of the finance function, delivering excellent financial management and control across the business.
• Take primary responsibility for all management, statutory, taxation, and regulatory reporting/compliance for the Group operating across 4 jurisdictions.
• Lead the Group's relationships with shareholders, banks, lenders, auditors, hedging counterparties, tax advisors, and pension providers/consultants, instilling confidence in the organisation's financial position and negotiating agreements/terms in line with Group requirements and strategy.
• Act as a strategic business partner across the business, providing financial insights to support commercial decision-making.
• Ensure appropriate controls, reporting, and monitoring of CAPEX.
• Ensure appropriate KPI reporting, modelling, forecasting, credit control, and collection of a high-volume consumer-focused Trade Receivables book.
• Lead and implement the Group's hedging strategies to provide protection from market volatility whilst meeting debt obligations and protecting profitability.
• Manage the Group's PE reporting requirements, corporate and debt structures, and support the journey towards a successful PE exit within 2/3 years.
• Drive the company's long-term financial forecasting and annual budgets.
• Work with the CEO to create a strategic 3-year plan with a clear understanding of the business's value drivers.
• Manage, report, and forecast the group's cash flows to ensure debt obligations and covenants are met and essential capital expenditure programs can be funded.
• Manage and motivate a team of 25 financial and procurement professionals across 3 jurisdictions.
• Alongside the Group's general counsel, provide support and ensure appropriate governance and company secretarial obligations are met.

The ideal candidate for the role of Chief Financial Officer will be:

• A graduate-caliber, experienced finance leader, ideally a qualified accountant (ACA, CIMA, or CA).
• Having over 10 years as a CFO or Group Financial Director in a similar-sized organization with circa 150 staff and revenue over 50m.
• Possessing understanding of reporting, tax, economic substance, and regulatory compliance in the Channel Islands and Isle of Man.
• Experienced with PE structures, reporting requirements, funding, and exit processes.
• Skilled in debt management and leading relationships with lenders.
• Having exposure to commodity, interest rate, and FX hedging.
• Knowledgeable about reporting and tariff setting in a regulated energy environment.
• Capable of leading relations and negotiating contracts with key suppliers.
• Having strong experience with FRS102, complex group financial consolidations, and annual financial statement preparation.
• Possessing in-depth knowledge of corporate financial law and risk management practices.
• Excellent in data analysis and forecasting methods.
• Proficient in MS Office and financial management software.
• Able to strategize and solve problems.
• Possessing strong leadership and organizational skills.
• Excellent in communication and people skills.
• Having board experience and understanding of corporate governance.
• An analytical, detail-oriented, logical, data-driven problem solver.
• High EQ, capable of leading a team through listening, collaboration, and influence.
• Focused on developing and leading a highly motivated, high-performing team admired across the business.

Highly desirable:

• Experience as a main board CFO, ideally within a Private Equity-owned portfolio company.
• Experience in energy utility companies operating primarily in a B2C environment.