Financial Director

PMC - The Professional Monitor Company Ltd.; Biggleswade; On-site; GBP 90,000 - 120,000; Full time

Job summary

A professional services company in Biggleswade is seeking an experienced Finance Director to lead financial operations and strategy. The successful candidate will have over 5 years of experience in finance leadership, ensuring financial health and compliance, while providing strategic insights for decision-making. Strong knowledge of financial principles and proficiency in financial tools is essential.

Qualifications

• 5+ years of demonstrable experience as a Financial Director, CFO, or in a senior finance leadership role.
• Strong knowledge of financial principles and accounting standards.
• Ability to work collaboratively with cross-functional teams.

Responsibilities

• Oversee all financial operations, including budgeting and financial planning.
• Lead discussions on financial direction and decision-making.
• Ensure compliance with all financial laws and regulations.

Skills

Financial leadership

Financial modelling

Analytical skills

Decision-making

Communication skills

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Relevant professional accounting certification (e.g., ACCA, ACA)

Tools

ERP systems

Financial reporting tools

Excel

Job description

Role Objectives

The Finance Director has overall responsibility of all financial aspects of the company strategy and day-to-day operations. They will provide financial leadership and are accountable for the financial health of the organisation.

• Leading discussions on financial direction and decision making.
• Overseeing all financial operations, including budgeting, forecasting, and financial planning.
• Developing and implementing financial strategies to drive growth, profitability, and long-term sustainability.
• Leading the financial reporting process, ensuring accuracy and compliance with regulatory standards.
• Collaborating with executive management to guide strategic decision-making with financial insights and analysis.
• Managing relationships with financial institutions, auditors, and other key stakeholders.
• Ensuring compliance with all financial laws and regulations, including tax planning, compliance, and audits.
• Providing leadership and direction to the finance team, fostering a culture of accountability and excellence.

Role Responsibilities

• Responsible for the detailed annual budgeting process ensuring alignment with company goals. Finalising the annual P&L, Balance sheet and Cash flow budgets including CAPEX. Submitting to the Board for approval.
• Responsible for the detailed forecasting process (P&L, Balance Sheet and Cash flow).
• Oversee the preparation of and present detailed financial reports, forecasts, and risk analyses to the executive team and board of directors.
• Monitor cash flow including working capital, profitability, and capital expenditure to ensure financial stability.
• Ensure financial accounts are accurate and produced on a timely basis.
• Prepare all required information annually for the company Audit, including annual accounts and supporting schedules, ensuring a smooth and timely process.
• Implement, maintain and update financial controls, policies, and procedures to safeguard company assets and mitigate risks.
• Drive financial planning and analysis to support informed business decisions.
• Identify opportunities for cost savings, investment, and financial optimisation.
• Analyse financial trends and provide recommendations for cost management and resource allocation.
• Responsible for contact with and all reporting to the companies Bankers. Sourcing Finance where required.
• Reviewing financial information including the monthly management accounts, agreeing actions and ensuring all required supporting reconciliations have been carried out.
• Monthly review of the Sales ledger and Purchase Ledger, agreeing actions. Involvement in debt collection, when this requires escalation. Overseeing credit allowed to customers and approvals.
• Managing the annual insurance renewals with insurance brokers.
• Providing support and holding regular 1-2-1 meetings with Finance staff.
• Involvement in any reorganisation projects.
• Overseeing the preparation of and approving the monthly payroll.
• Assess, report on and manage company risks, including but not limited to financial.
• Responsible for reviewing, agreeing and renewing financial commitments and agreements for the company. This includes premises leases, HP leases, utility agreements, copier rentals, HR external support, alarm contracts, online HR system, mobile agreements, rates appeal consultants, R&D tax consultants etc.
• Review and signing of legal agreements where requested.
• Oversee and maintain strategic relationships with banking partners, ensuring the organisation secures optimal financing arrangements while proactively assessing alternative lending solutions to support long-term financial objectives
• Oversee tax planning and compliance activities, ensuring adherence to all relevant regulations and identifying opportunities for tax efficiency
• Lead the evaluation and implementation of financial systems and technologies to improve reporting, automation, and operational efficiency.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Relevant professional accounting certification (e.g., ACCA, ACA).
• 5+ years of demonstrable experience as a Financial Director, Chief Financial Officer, or in a senior finance leadership role.
• Strong knowledge of financial principles and accounting standards.
• Proficiency in financial modelling, forecasting, and strategic financial planning.
• Familiarity with ERP systems and financial reporting tools. Strong Excel skills.
• Strategic thinking and the ability to translate business objectives into financial strategies and business plans.
• Excellent decision-making, analytical, and problem-solving abilities, with attention to detail and accuracy.
• Ability to work collaboratively with cross-functional teams and executive management.
• Excellent communication and interpersonal skills to work with senior management and external stakeholders.
• High level of integrity and dependability.