At a Glance
- Tasks: Transform finance functions and provide strategic support to owner-directors in a growing construction business.
- Company: Established SME in the construction sector with a focus on innovation and growth.
- Benefits: Flexible working arrangements, competitive salary, and opportunities for professional development.
- Other info: Collaborative team culture with a focus on practical improvements and strategic guidance.
- Why this job: Make a real impact by improving financial processes and supporting business growth.
- Qualifications: Experience as a Finance Director or senior finance transformation professional in project-led environments.
The predicted salary is between 59400 - 72600 £ per year.
An established and growing business within the wider construction sector is looking to appoint an experienced Fractional Finance Director to help transform its finance function and provide stronger financial support to the owner-directors of this successful SME.
The directors are looking for an experienced and commercially minded finance leader who can initially conduct a thorough review of the function before helping to implement the necessary changes.
The role
The initial assignment will involve assessing the current finance systems, processes, people and reporting.
You will provide an independent view of what is working, identify the principal risks and weaknesses, and develop a practical improvement plan.
Key responsibilities are likely to include
- Reviewing the existing finance function, controls, processes and reporting.
- Assessing the accuracy and reliability of the Sage data and spreadsheet-based information.
- Improving cash-flow forecasting and working-capital management.
- Developing a clear, accurate and concise monthly board reporting pack.
- Introducing meaningful financial and operational dashboards.
- Improving project-level reporting, including margins, work in progress, committed costs and cost-to-complete forecasting.
- Reducing manual processes and the business's reliance on spreadsheets.
- Helping the business evaluate, select and implement an appropriate ERP or integrated finance system.
- Supporting and developing the existing finance team.
- Providing commercial challenge and strategic financial guidance to the owner-directors.
- Helping ensure the financial infrastructure is capable of supporting further growth and potential longer-term succession plans.
The directors would ultimately like to receive a concise and reliable finance report ahead of each board meeting, allowing management discussions to focus on performance, risks and decisions rather than spending several hours trying to interpret the underlying numbers.
The person
This role requires an experienced Finance Director, CFO or senior finance transformation professional with a strong understanding of construction, contracting, fit-out, engineering or another project-led environment.
You should have practical experience of areas such as
- Construction Industry Scheme requirements.
- Project accounting and job costing.
- Work in progress and revenue recognition.
- Cost-to-complete forecasting.
- Variations and committed project costs.
- Project-margin analysis.
- Cash-flow and working-capital management.
- Management reporting and dashboard development.
- ERP selection or implementation.
This is not a purely strategic advisory appointment.
You must be willing to examine the underlying data, interrogate spreadsheets and work closely with both the finance and operational teams.
The successful person will be pragmatic, approachable and commercially astute.
You will need to build credibility with a long-established team, challenge constructively and introduce improvements without imposing unnecessary corporate bureaucracy.
Fractional Finance Director – Construction and Finance Transformation in Chesterfield employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Fractional Finance Director – Construction and Finance Transformation in Chesterfield
✨Tap into Online Freelance Networks
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We think you need these skills to ace Fractional Finance Director – Construction and Finance Transformation in Chesterfield
Some tips for your application 🫡
Show off your qualifications:In financial controlling, it's essential to highlight your relevant qualifications. Make sure to include any certifications like ACCA or CIMA in your CV, as they particularly catch the eye of hiring managers in this field. It's all about showcasing your expertise!
Portfolio of projects:As a freelancer, your portfolio is your best friend. Include case studies or summaries of past financial projects you've worked on. Clearly outline the challenges you faced, the solutions you implemented, and the outcomes. This not only showcases your skills but also proves your value to potential clients like Jobiqo.
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How to prepare for a job interview at Jobiqo
✨Showcase Your Analytical Skills
In financial controlling, your ability to analyse data is vital. Make sure we highlight specific examples from your previous work where you've utilised analytical tools like Excel or specific forecasting software. The interviewers at Jobiqo will want to see your numbers dance!
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When working as a freelancer, be prepared to discuss not just your experience but also your rates and value proposition. We need to have a clear idea of how your skills will fit into Jobiqo's needs. Confidence in pitching your worth can go a long way!
