At a Glance
- Tasks: Support owners in restoring funder confidence and improve cash flow management.
- Company: Join a small enterprise specialising in niche manufacturing parts with a strong market presence.
- Benefits: Flexible part-time hours, potential for long-term engagement, and hands-on experience.
- Why this job: Make a real impact on a growing business while gaining valuable financial management skills.
- Qualifications: No specific qualifications required; just a passion for finance and problem-solving.
- Other info: Opportunity to work closely with business owners and influence key financial decisions.
On the recommendation of a key-funder, Greenwell Gleeson is working with a small privately owned enterprise that provides niche parts to its manufacturing customers. The owners have carved out a space in the market that sources hard-to-get parts to ensure their customers do not experience downtime in their manufacturing process.
The owners acknowledge they have made operational mistakes regarding managing their working capital, covering stock levels, slow-moving stock, credit terms, and cash collection. While still profitable, these issues have resulted in a short-term cash strain on the enterprise. The concerns of the funder have been amplified by a Finance Controller (who has recently left the business) missing key reporting requirements to the funder, leading to shocking disclosures about its short-term financial stress.
Success has been defined to include the following:
- Immediately start the process to support the owners in restoring the confidence of the funders in the enterprise.
- Deliver accurate cash-flow projections for 1 month, 3 months, and 6 months.
- Hands-on action to improve the cash generation and balance sheet of the enterprise.
- Work with the owners to review any processes or policies that impact working capital requirements and take action to improve them.
- Support the bookkeeper to produce accurate accounts that can be used to provide information on profitability and cash flows.
- Ultimately restore a long-term healthy relationship with the funder.
At present, it is envisaged that all of the above can be achieved by working approximately 1 day a week for a period, with the expectation that it could be a long-term arrangement.
Part-Time FD Stockist/Distributor employer: Greenwell Gleeson
Contact Detail:
Greenwell Gleeson Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Part-Time FD Stockist/Distributor
β¨Tip Number 1
Familiarise yourself with the specific challenges faced by small enterprises in managing working capital. Understanding these issues will help you demonstrate your knowledge and how you can contribute to resolving them during any discussions.
β¨Tip Number 2
Network with professionals in the finance and manufacturing sectors. Attend industry events or join relevant online forums to connect with individuals who may have insights into the company or similar roles, which could give you an edge.
β¨Tip Number 3
Prepare to discuss your hands-on experience with cash-flow projections and improving financial processes. Be ready to share specific examples of how you've successfully implemented changes in previous roles that led to improved financial health.
β¨Tip Number 4
Research the companyβs background and its market position. Understanding their niche and the specific parts they provide will allow you to tailor your conversation and show genuine interest in helping them succeed.
We think you need these skills to ace Part-Time FD Stockist/Distributor
Some tips for your application π«‘
Understand the Role: Read the job description carefully to understand the key responsibilities and requirements. Tailor your application to highlight how your skills and experiences align with the needs of the company.
Highlight Relevant Experience: Emphasise any previous experience you have in finance, cash flow management, or working with small enterprises. Use specific examples to demonstrate your ability to improve financial processes and restore confidence.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how you can contribute to the company's success. Mention your understanding of their current challenges and how you plan to address them.
Proofread Your Application: Before submitting, make sure to proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Greenwell Gleeson
β¨Understand the Financial Landscape
Familiarise yourself with the key financial concepts relevant to the role, such as cash flow projections and working capital management. Be prepared to discuss how you would address the current cash strain and improve financial reporting.
β¨Showcase Problem-Solving Skills
Prepare examples of how you've successfully tackled similar operational challenges in the past. Highlight your ability to identify issues and implement effective solutions, especially in relation to stock management and cash generation.
β¨Demonstrate Team Collaboration
Emphasise your experience working with various stakeholders, including owners and bookkeepers. Discuss how you can support and enhance their processes to restore confidence with funders and improve overall financial health.
β¨Ask Insightful Questions
Prepare thoughtful questions about the company's current financial strategies and future goals. This shows your genuine interest in the role and helps you understand how you can contribute to their success.