At a Glance
- Tasks: Lead finance and commercial performance for a growing elderly care provider.
- Company: Established elderly care provider with a focus on growth and transformation.
- Benefits: Competitive salary, performance-related bonus, and equity participation opportunities.
- Other info: Dynamic role with significant impact and career advancement potential.
- Why this job: Shape the future of a care business while driving strategic financial decisions.
- Qualifications: Senior finance leadership experience in social care or related sectors.
The predicted salary is between 80000 - 100000 £ per year.
Location: Durham
Salary: 80,000 - 100,000 Per Annum
Are you a commercially-driven finance leader looking for a newly created executive role where you can genuinely shape the future of a growing care business? We're partnering with an established and growing Elderly Care provider to recruit a Commercial and Finance Director. This is a highly visible, newly created position where you'll work closely with the Board, lead the finance function and drive commercial performance across a portfolio of care homes as the business enters its next phase of growth.
The Opportunity
Sitting at the top of the organisation's structure and reporting into the Board, you'll take ownership of both finance and commercial performance, leading the finance function, guiding operational leadership on strategic and financial decisions, and playing a central role in the business's acquisition and growth plans. This is a hands-on, high-impact position ideal for someone who can move comfortably between the detail of financial control and the bigger picture of commercial strategy, and who isn't afraid to challenge the Board and senior leadership when it matters.
Key Responsibilities
- Lead the finance function, with direct reports into you.
- Own commercial performance across the portfolio, driving occupancy growth, EBITDA improvement and robust reporting frameworks.
- Work closely with the Board and operational leadership team, providing strategic financial and commercial guidance.
- Support and lead on acquisitions, new home commissioning, and business expansion projects.
- Interpret complex financial data (including EBITDA bridges) and translate it into actionable commercial strategy.
- Influence and challenge senior stakeholders to ensure sound strategic decision-making.
- Build and maintain robust budgeting, forecasting and cash flow management processes across the group.
- Act as a key driver of business transformation as the organisation scales.
The Ideal Candidate
You'll have significant senior finance leadership experience within Social Care or a closely related healthcare/regulated residential sector, ideally with a background rooted in strong financial control (Finance Controller, Head of Finance, or equivalent) before progressing into broader commercial leadership. Crucially, you'll have direct reports into you, with genuine line management experience rather than having operated as a sole practitioner. The organisation is looking for someone with real gravitas and presence, confident negotiating with senior leadership, commercially hungry, and energised by the opportunity to help build a growing business. A chartered accountant background is helpful but not essential; what matters most is demonstrable commercial acumen within care homes.
Requirements
- Significant senior finance leadership experience within Social Care, ideally progressing from a strong Financial Controller or Head of Finance background.
- Proven experience managing and developing a finance team, with direct reports into you.
- Demonstrable commercial experience supporting the growth of social care portfolios through operational improvement, acquisitions or business expansion.
- Strong technical understanding of finance, budgeting, forecasting, cash flow management and commercial performance.
- Experience operating at Executive or Board level, confidently influencing strategic decision-making.
- Based in or around the North East, with the ability to work from Head Office and travel regularly across the home portfolio.
Package
- 80,000 - 100,000 per annum basic salary
- Significant performance-related bonus tied to profit and occupancy performance
- Equity participation opportunity
- The chance to play a leading role in shaping the future of a growing care home group
Interview Process
- Stage 1: Initial interview
- Stage 2: Final interview with senior leadership/Board
Location
The role is commutable from: Newcastle, Gateshead, South Shields, Sunderland, Consett, Durham, Seaham, Hartlepool, Stanhope, Bishop Auckland, Darlington, Stockton-on-Tees, Middlesbrough, Redcar, Richmond, Northallerton and Thirsk.
Interested?
To apply or find out more, contact Charlie Williams at Compass Associates for a confidential discussion.
Commercial and Finance Director in Durham employer: Compass Associates
Compass Associates is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Wokingham. With a strong focus on employee growth, we provide ample opportunities for professional development and career advancement, all while being part of a mission-driven team dedicated to transforming healthcare operations. Join us to make a meaningful impact in a supportive environment that values your contributions and encourages you to thrive.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial and Finance Director in Durham
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We think you need these skills to ace Commercial and Finance Director in Durham
Some tips for your application 🫡
Show Us Your Leadership Skills:In the corporate leadership and management field, it's essential to highlight your leadership experience. Use your CV to flesh out examples of how you've led teams to success or managed significant projects. We want to see specific instances where your actions made a tangible difference in your previous roles!
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Craft a Compelling Cover Letter:Your cover letter is your chance to narrate your professional journey. We’re looking for motivation and a clear understanding of what corporate leadership means to you. Dive into your aspirations and how they align with the values and vision of Compass Associates. Make it personal – we want to get to know you!
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How to prepare for a job interview at Compass Associates
✨Showcase Your Leadership Style
You’ll want to thoroughly convey your unique approach to leadership. During the interview with Compass Associates, be ready to share real-life examples of how you've inspired and motivated teams in the past. Think about specific achievements that illustrate your strategic thinking and your ability to drive results.
✨Brush Up on Management Theories
Expect some technical questions related to management theories and practices. Brush up on concepts like transformational leadership, servant leadership, or situational leadership. Be prepared to discuss how you would apply these theories to the role at Compass Associates, especially in the specific context of the challenges they’re currently facing.
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Since this is a full-time leadership role, spending time thinking about your vision for Compass Associates could really set you apart. Consider potential strategies for growth and how you would lead teams towards achieving them. This shows not just enthusiasm, but also strategic foresight that they’ll likely be looking for in a candidate.
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