At a Glance
- Tasks: Steer financial strategy and growth initiatives for a dynamic service business.
- Company: Innovative Birmingham-based service business backed by angel investors.
- Benefits: Competitive daily rate, flexible working, and opportunity to shape the future.
- Other info: Collaborative culture with opportunities for mentorship and strategic influence.
- Why this job: Join a bold team disrupting the industry and make a real impact.
- Qualifications: Proven experience as a Fractional CFO in high-growth environments.
Our client is a service business backed by angel investors based in Birmingham, poised for growth and continued success. They are seeking a Fractional CFO to report to the CEO for 4 - 6 days per month over a 6-12 month duration. This service business has posted double-digit growth and has a bold vision to take market share with an offering that is disrupting the industry. This is prompting the need for a Fractional CFO who can steer and accelerate them through this period.
As Fractional CFO reporting to the CEO and Board whilst working closely with the angel investors you will:
- Collaborate closely with the CEO to oversee financial planning, budgeting, and forecasting processes
- Implement robust financial controls, reporting systems, and processes
- Lead cash management strategies to optimise liquidity and working capital
- Support investment readiness, fundraising, and stakeholder reporting
- Provide insight and challenge on commercial decisions and growth initiatives
- Mentor and up-skill the existing small transactional finance team
- Provide board-level insight and commercial guidance
- Partner with the CEO and angel investors to develop and execute strategic initiatives that drive business growth
- Lead relationships with external stakeholders, including auditors, banks, and possible new investors
The desirable Fractional CFO applicant will have:
- Proven track record as a Fractional CFO in a high-growth or scale-up environment
- Strong understanding of the funding lifecycle, investor relations, and financial modelling
- The ability to travel to Birmingham regularly (hybrid model) or be Birmingham-based
- Hands-on approach with the ability to roll up your sleeves
- ACA / ACCA / CIMA qualified or equivalent
- £1000 per day plus expenses
Fractional CFO employer: EA First Compass House
Our client offers an exceptional work environment for a Fractional CFO, characterised by a dynamic and ambitious culture that fosters innovation and growth. Located in Birmingham, this service business not only provides competitive compensation but also prioritises employee development through mentorship and collaboration with experienced angel investors. Joining this team means being part of a bold vision to disrupt the industry while enjoying the flexibility of a hybrid working model.
StudySmarter Expert Advice🤫
We think this is how you could land Fractional CFO
✨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 EA First Compass House. 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 Fractional CFO
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 EA First Compass House.
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 EA First Compass House'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 EA First Compass House
✨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 EA First Compass House.
✨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 EA First Compass House 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 EA First Compass House 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.