Head of Finance

Head of Finance

Ferryhill Full-Time 75000 - 90000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the finance team, oversee budgeting, and develop financial processes.
  • Company: Join Hydram, a leading precision sheet metal fabrication company in Europe.
  • Benefits: Enjoy flexible hours, 25 days holiday, and a supportive work culture.
  • Why this job: Make an impact across the business while growing your career in finance.
  • Qualifications: Strong finance background with leadership experience and relevant qualifications required.
  • Other info: Site-based role with occasional travel; must be eligible to work in the UK.

The predicted salary is between 75000 - 90000 Β£ per year.

Exciting New Opportunity: Head of Finance, Chilton, Ferryhill, County Durham (with occasional travel to Derby).

Are you an experienced Financial Controller or Manager who is looking to develop their career with a very well established Engineering & Manufacturing business based in the North East? Are you ready to broaden your experience and take the next step into a 'Head of Finance' role with a business who has a portfolio of global customers? Are you looking for a role where you can grow and expand your thinking, and influence decisions across all aspects of the business? If that’s you, keep reading!

Our client 'Hydram' in Chilton, South Durham, is one of the largest subcontract precision sheet metal fabrication companies in Europe, and a leader in the UK sheet metal fabrication market. We are looking for a proactive and ambitious finance professional to lead and develop the finance team and department. We want someone with ideas and innovation who will sharpen systems, make improvements, automate processes, and guide other managers on how to be more efficient and save costs in the business.

How you will make an impact on the business:

  • Lead the accounting and finance department, setting strategic financial goals for the team, the department and the business.
  • Oversee all financial operations, budgeting, financial planning, including forecasting and variance analysis.
  • Develop and implement robust financial processes and systems.
  • Ensure compliance with relevant financial regulations and standards.
  • Manage relationships with investors, stakeholders, and financial institutions.
  • Financial reporting and interpret financial information to company management.
  • Set annual budgets and consolidate monthly reports.
  • Prepare statutory accounts and work with external auditors.
  • Develop and maintain cost accounting systems and methodologies to ensure accurate product costing and inventory valuation.
  • Analyse and interpret financial data to provide insights and recommendations for improving financial performance.
  • Own all transactions related to the accuracy of the general ledger, job costing, inventory, receivables, payables, and resulting financial reports.
  • Actively identify opportunities for cost savings and process efficiencies.
  • Manage corporate insurance and risk management policies and procedures.
  • Prepare monthly, quarterly, and annual financial reports as needed (along with daily KPI updates).
  • Develop secure procedures to maintain confidential information.
  • Ensure all accounting activities and internal audits comply with financial regulations.
  • Contribute to companywide staffing requirements planning.
  • Evaluate capital expenditures and ROI.

What we are looking for:

We are looking for a driven and ambitious finance professional who thrives in a fast-paced environment. The skills and experience that are important to us:

  • A finance professional who can demonstrate continuous career growth.
  • Experience of managing, motivating, and developing a finance team.
  • Exceptional communication and negotiation skills.
  • Experience of leading and supporting projects outside of the finance function.
  • Excellent understanding of financial statistics and accounting principles.
  • Strong stakeholder management and interpersonal skills.
  • Hands-on experience with budgeting, risk management, forecasting, and cash flow management.
  • Proficient in presenting financial data to leadership teams.
  • In-depth understanding of bank reconciliation and bookkeeping processes.
  • Dynamic, charismatic, self-motivated, enthusiastic and proactive.
  • Humility - We are looking for a Team player!

Qualifications and Experience:

A strong educational background in Finance, Accounting, or a related field, with relevant qualifications (CIMA, ACCA, ACA, CIPFA). Ideally someone with industry experience as a Finance Manager/Controller although candidates from an audit/practice background may also be considered. Previous experience preparing budgets, statutory accounts, financial statements and Sage 200 accounting software.

What we would like to offer you so that you feel valued:

  • A career not just a job!
  • The opportunity to grow and develop your career.
  • Reporting to a supportive MD who will champion your development.
  • Working in a culture where hard work meets praise and recognition.
  • An annual salary of between Β£75-90k (depending on experience).
  • 25 days holiday + 8 bank holidays per year (holiday year runs Jan-Dec).
  • Flexible start and finish times to support work-life balance.
  • Company pension contributions.
  • A collaborative and supportive work environment where innovation is encouraged.
  • This is a site-based role 5 days per week with a flexible approach to working hours and an early finish on a Friday.

If you would like to take the next step in your career and make a difference where you will be a valued member of the team, please apply today. Please note that applicants must be eligible to work in the UK.

Head of Finance employer: Gillespie Recruitment Ltd

At Hydram, we pride ourselves on being an exceptional employer that values innovation and employee growth. Located in the heart of Chilton, County Durham, we offer a collaborative work culture where your contributions are recognised and rewarded, alongside a competitive salary and generous benefits package. Join us to lead a dynamic finance team and influence key business decisions while enjoying a flexible work-life balance and opportunities for professional development.
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Contact Detail:

Gillespie Recruitment Ltd Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Head of Finance

✨Tip Number 1

Research Hydram and its operations thoroughly. Understanding their business model, key clients, and recent projects will help you tailor your conversations during interviews and demonstrate your genuine interest in the company.

✨Tip Number 2

Network with current or former employees of Hydram on platforms like LinkedIn. They can provide valuable insights into the company culture and expectations for the Head of Finance role, which can give you an edge in your application.

✨Tip Number 3

Prepare to discuss your leadership style and how you've successfully managed finance teams in the past. Be ready to share specific examples of how you've driven efficiency and cost savings in previous roles.

✨Tip Number 4

Familiarise yourself with the latest financial regulations and standards relevant to the engineering and manufacturing sectors. Being able to speak knowledgeably about compliance will show that you're proactive and well-prepared for the role.

We think you need these skills to ace Head of Finance

Financial Management
Budgeting and Forecasting
Financial Reporting
Stakeholder Management
Team Leadership
Cost Accounting
Risk Management
Regulatory Compliance
Data Analysis
Communication Skills
Negotiation Skills
Process Improvement
Project Management
Accounting Principles
Sage 200 Proficiency

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in finance management, team leadership, and any specific achievements that align with the responsibilities of the Head of Finance role. Use keywords from the job description to demonstrate your fit.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss how your background in finance and your proactive approach can contribute to Hydram's goals. Be sure to mention your understanding of the engineering and manufacturing sector.

Highlight Leadership Experience: Emphasise your experience in managing and developing finance teams. Provide examples of how you've motivated teams, led projects outside of finance, and contributed to overall business success.

Showcase Financial Acumen: Demonstrate your expertise in financial operations, budgeting, and compliance. Include specific examples of how you've improved financial processes or saved costs in previous roles to illustrate your capability to make an impact at Hydram.

How to prepare for a job interview at Gillespie Recruitment Ltd

✨Showcase Your Leadership Skills

As a Head of Finance, you'll be expected to lead a team. Be prepared to discuss your previous experiences in managing and motivating finance teams. Share specific examples of how you've developed team members or improved team performance.

✨Demonstrate Financial Acumen

Make sure you can confidently discuss financial principles, budgeting, and forecasting. Prepare to explain how you've implemented financial processes in the past and how they benefited the organisation. Use real data or scenarios to illustrate your points.

✨Understand the Business Beyond Finance

Hydram is looking for someone who can engage with other departments. Familiarise yourself with the company's operations and think about how finance interacts with other areas. Be ready to discuss how you can contribute to projects outside of finance.

✨Prepare Questions for Your Interviewers

Interviews are a two-way street. Prepare insightful questions that show your interest in the company and the role. Ask about their current financial challenges, team dynamics, or future projects. This demonstrates your proactive approach and genuine interest in the position.

Head of Finance
Gillespie Recruitment Ltd
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