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Fractional Finance Director - 2-3 days/week

Morgan Financial Search

South Yorkshire

Hybrid

GBP 85,000 - 100,000

Part time

7 days ago
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Job summary

A leading recruitment firm is seeking a Fractional FD for a manufacturing SME in South Yorkshire. This permanent role offers 2-3 days/week commitment with potential for growth. Responsibilities include managing financial teams, developing budgets and KPIs, and overseeing stakeholder relationships. The successful candidate will be a qualified accountant with extensive manufacturing experience. Salary is pro-rata approx. £100k plus bonus and benefits.

Benefits

Bonus
Benefits

Qualifications

  • Experience as a Fractional FD or in a part-time finance role.
  • Strong background in the Manufacturing sector.
  • Ability to commit 2-3 days/week with potential for more.

Responsibilities

  • Manage business growth with the MD and Board.
  • Lead and develop a cohesive Finance team.
  • Develop budgets and forecasts.
  • Focus on Manufacturing KPIs and efficiency.
  • Support new business Tenders and client contracts.
  • Manage relationships with stakeholders like Banks and Auditors.

Skills

Manufacturing sector experience
Team management
Financial analysis
Budget development
KPI development

Education

Qualified accountant
Job description

My client, based in Sheffield (South Yorkshire) is an ambitious Manufacturing/Engineering SME, t/o currently c £15m with an expanding Blue Chip client base.

The MD is keen to attract a Fractional FD with strong Manufacturing sector experience to operate as his "finance business partner" to support the company's profitable growth strategy.

This will be a permanent role from Day 1 on a 2-3 day/week basis (which may increase over time in line with the ongoing growth of the business), so would for example suit a Portfolio/Fractional FD who perhaps already has another part-time business engagement.

Reporting directly to the MD, the brief will include:

  • Working closely with the MD and other Board members to manage the business and ensure its sustainable profitable growth.
  • Head up and develop a small cohesive Finance team, including an experienced full-time AAT qualified accountant to overseethe consistent delivery of accurate and timely financial/management/statutory accounts.
  • Develop bottom-up Budgets and regular Forecasts.
  • Work closely with the Production Director to develop Manufacturing KPI's to maintain a keen focus on Factory efficiencies and Stock inventory levels.
  • Review Client Contracts and support new business Tenders.
  • Manage all key professional stakeholder relationships - Bank, Funders, Auditors etc.

As stated, the successful candidate will be aqualified accountant operating either as a Fractional FD (or someone seeking a part-time Perm role) with strong Manufacturing sector experience who is able to commit 2-3 days/week ongoing with potential to possibly increase going forward.

The salary indicator will be pro rata c £100k + Bonus/Benefits.

Please send your CV in confidence to Martin Morgan, the advising Consultant - all relevant strong candidates can expect a prompt direct response.

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