At a Glance
- Tasks: Lead financial operations, budgeting, reporting, and strategic decision-making.
- Company: Join a dynamic company focused on financial health and growth.
- Benefits: Enjoy 26 days holiday, pension scheme, healthcare, and more perks.
- Other info: Collaborative environment with opportunities for continuous improvement and career growth.
- Why this job: Make a real impact on financial strategy and business performance.
- Qualifications: Strong leadership, analytical skills, and experience in finance required.
The predicted salary is between 65250 - 79750 £ per year.
The Head of Finance will be responsible for leading all our financial operations and guiding our management on financial decisions. The role will be responsible for budgeting, reporting, auditing and financial planning, as well as advising senior leaders on fiscal strategy.
Compco’s Accounts Team manages the business’s financial transactions, maintains accurate financial records and supports the overall financial health of the organisation. The department acts as the financial centre for money coming in and out of the business, ensuring it is properly tracked and reported. Providing financial visibility to the organisation allows the department to support key strategic decisions for the business.
The Head of Finance reports directly to the CEO and acts as a strategic partner to the Senior Leadership Team, providing financial leadership, commercial insight and clear visibility of business performance to support effective decision-making and long-term growth. Working collaboratively across all areas of the business, the Head of Finance will have exceptional communication and influencing skills to develop and implement financial strategies and deliver objectives. The role requires strong analytical and commercial acumen to produce and present accurate financial reporting, forecasts, budgets and risk analysis to identify opportunities, manage risk and drive business performance. The Head of Finance will also lead continuous improvement initiatives across systems, processes and reporting capabilities.
The position requires excellent leadership capability to recruit, develop, mentor and support the Accounts Team, while partnering with department managers to promote best practice and robust financial management across the business. With organisation-wide impact, the Head of Finance is responsible for safeguarding the financial health of the company, ensuring accurate and timely reporting, effective cash flow management and the delivery of strategic financial plans. Failure to perform the role effectively could result in significant financial, operational and regulatory ramifications for the business.
Principal Accountabilities:
- Develop and implement the company’s financial strategy to support business growth and long-term objectives.
- Provide strong leadership and development for the Account Teams.
- Prepare, analyse and present accurate financial reports, forecasts, and risk assessments to the Senior Leadership Team.
- Monitor financial performance through detailed analysis of results, trends, and key performance indicators.
- Guide financial decisions by establishing, monitoring, and enforcing internal controls.
- Ensure compliance with all financial regulations and internal policies.
- Partner with senior management to develop short, medium, and long-term financial plans and projections.
- Lead the annual budgeting and forecasting processes across the business.
- Oversee cash flow planning to ensure the ongoing availability of funds and effective control.
- Manage relationships with external auditors and oversee internal audit and compliance process.
- Review, understand and document product costing methodologies and drive improvements and alternative processes.
- Identify and implement internal controls, financial systems, and process improvements.
- Drive simplification, standardisation, and automation of finance and cost accounting processes, while supporting wider cross-functional process improvements.
- Resolve issues that affect transactional accounting and/or financial reporting accuracy by working with or leading cross-functional teams to resolve.
- Ensure monthly closing processes are accomplished with accuracy and completed in accordance with reporting deadlines.
- Maintain responsibility for accuracy, integrity and timely completion of all financial reporting.
- Perform accounting activities in compliance with financial, regulatory, and internal accounting policies and guidelines.
- Work closely with Commercial teams to support business strategy, performance monitoring and financial governance.
- Provide financial guidance and support to the departmental leaders to ensure best-practice, commercial performance and operational efficiency.
- Review, develop, and continuously improve finance policies, processes and work instructions to ensure efficiency and compliance.
- Lead the development and enhancement of business systems, reporting capabilities, and digital processes to improve operational effectiveness, data accuracy, and user experience.
The Perks:
- 26 Days Holiday including Birthday Plus Bank Holiday
- Pension Scheme
- Life Assurance
- Healthcare Policy
- Free VDU Eye Tests
- Cycle To Work Scheme
Head Of Finance in Worcester employer: Compco Fire Systems
Compco is an exceptional employer that prioritises the financial health of its organisation while fostering a collaborative and supportive work culture. As the Head of Finance, you will not only lead a dedicated Accounts Team but also have the opportunity to influence strategic decisions that drive long-term growth. With a comprehensive benefits package including generous holiday allowance, pension scheme, and healthcare policy, Compco is committed to employee development and well-being, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Head Of Finance in Worcester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Compco Fire Systems. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head Of Finance in Worcester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Compco Fire Systems.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Compco Fire Systems's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Compco Fire Systems
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Compco Fire Systems.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Compco Fire Systems will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Compco Fire Systems employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
