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For Companies At a Glance
- Tasks: Lead the finance team during a transition and manage the annual budget.
- Company: Join a dynamic further education organisation in London.
- Benefits: Enjoy a hybrid working model and competitive daily rates.
- Why this job: Be part of a transformative period in education finance with impactful leadership.
- Qualifications: Experience in further education and CFFR is essential.
- Other info: This is a 3+ month contract, potentially outside IR35.
The predicted salary is between 120000 - 140000 £ per year.
Interim CFO for a London based college which has undergone large turnover in the finance team.
Client Details: Further education organisation.
Description:
- Ensure a smooth leadership transition from current interim CFO to permanent CFO.
- Manage annual budget.
Profile:
- Further education experience.
- CFFR experience.
- Seasoned interim.
Job Offer:
- 3+ month contract.
- 50/50 hybrid working model.
- £600-700 per day (possibly outside IR35).
Interim CFO employer: Michael Page (UK)
Contact Detail:
Michael Page (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim CFO
✨Tip Number 1
Network with professionals in the further education sector. Attend industry events or webinars to connect with individuals who may have insights into the college's culture and needs, which can help you tailor your approach.
✨Tip Number 2
Research the college's recent financial challenges and successes. Understanding their specific situation will allow you to demonstrate how your experience aligns with their needs during discussions.
✨Tip Number 3
Prepare to discuss your previous interim roles and how you successfully managed transitions. Highlight specific examples where you improved financial processes or team dynamics, as this will showcase your capability for the role.
✨Tip Number 4
Familiarise yourself with the CFFR (College Financial Forecasting and Reporting) framework. Being well-versed in this area will not only boost your confidence but also demonstrate your commitment to the role and its requirements.
We think you need these skills to ace Interim CFO
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of an Interim CFO, especially in a further education context. Highlight your experience in managing transitions and budgets in your application.
Tailor Your CV: Ensure your CV reflects relevant experience in finance leadership roles, particularly in educational institutions. Emphasise your interim positions and any specific achievements related to budget management and team transitions.
Craft a Compelling Cover Letter: Write a cover letter that addresses the unique challenges faced by the college. Discuss how your background in further education and CFFR can contribute to a smooth transition and effective financial management.
Highlight Relevant Skills: In your application, make sure to showcase skills that are crucial for the role, such as strategic planning, financial analysis, and team leadership. Use specific examples to demonstrate your expertise in these areas.
How to prepare for a job interview at Michael Page (UK)
✨Showcase Your Financial Acumen
As an Interim CFO, it's crucial to demonstrate your deep understanding of financial management and budgeting. Be prepared to discuss your previous experiences in managing budgets and how you've successfully navigated financial challenges in the past.
✨Highlight Your Leadership Skills
Given the transitional nature of this role, emphasise your leadership capabilities. Share examples of how you've led teams through change, particularly in a finance context, and how you can ensure a smooth transition for the college's finance team.
✨Familiarise Yourself with the Education Sector
Since this role is within a further education organisation, it’s beneficial to understand the unique financial challenges faced by educational institutions. Research current trends and issues in the sector to show your commitment and insight during the interview.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Think about potential challenges the college might face and how you would address them, especially regarding budget management and team dynamics.
